Stock of the Day: What’s Next for El Pollo LoCo Holdings Inc After Today’s Significant Increase?

Stock of the Day: What's Next for El Pollo LoCo Holdings Inc After Today's Significant Increase?

The stock of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) is a huge mover today! About 311,325 shares traded hands. El Pollo LoCo Holdings Inc (NASDAQ:LOCO) has declined 10.93% since March 15, 2016 and is downtrending. It has underperformed by 16.42% the S&P500.
The move comes after 6 months positive chart setup for the $462.69M company. It was reported on Oct, 18 by Barchart.com. We have $34.79 PT which if reached, will make NASDAQ:LOCO worth $851.35M more.

Analysts await El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to report earnings on November, 10. They expect $0.19 earnings per share, up 5.56% or $0.01 from last year’s $0.18 per share. LOCO’s profit will be $7.18 million for 16.12 P/E if the $0.19 EPS becomes a reality. After $0.19 actual earnings per share reported by El Pollo LoCo Holdings Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) Ratings Coverage

Out of 8 analysts covering El Pollo Loco (NASDAQ:LOCO), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. El Pollo Loco has been the topic of 13 analyst reports since August 18, 2015 according to StockzIntelligence Inc. Robert W. Baird downgraded the stock to “Neutral” rating in Friday, November 13 report. The stock of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) has “Hold” rating given on Monday, September 7 by Zacks. SunTrust initiated El Pollo LoCo Holdings Inc (NASDAQ:LOCO) on Thursday, October 8 with “Buy” rating. Guggenheim initiated El Pollo LoCo Holdings Inc (NASDAQ:LOCO) on Tuesday, December 1 with “Buy” rating. The firm has “Sell” rating given on Friday, August 28 by Zacks. The stock of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) earned “Neutral” rating by SunTrust on Wednesday, April 27. The firm has “Buy” rating by Sidoti given on Wednesday, January 13. The stock has “Buy” rating given by Zacks on Monday, August 17. On Tuesday, July 26 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The firm has “Buy” rating given on Thursday, October 8 by Suntrust Robinson.

According to Zacks Investment Research, “El Pollo Loco Holdings, Inc., through its subsidiary, develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The restaurants specializes in flame-grilled chicken in a variety of contemporary Mexican-influenced entrees, including specialty chicken burritos, chicken quesadillas, chicken tortilla soup, Pollo Bowls and Pollo Salads. El Pollo Loco Holdings, Inc. is headquartered in Costa Mesa, California.”

More notable recent El Pollo LoCo Holdings Inc (NASDAQ:LOCO) news were published by: Fool.com which released: “Why El Pollo Loco Holdings, Inc. Stock Jumped 16.8% in June” on July 12, 2016, also Fool.com with their article: “Why El Pollo Loco Holdings Inc. Stock Dove 16% Last Month” published on June 07, 2016, Fool.com published: “Why El Pollo Loco Holdings, Inc. Shares Slipped 10% on Friday” on November 13, 2015. More interesting news about El Pollo LoCo Holdings Inc (NASDAQ:LOCO) were released by: Fool.com and their article: “Why El Pollo Loco Holdings, Inc. Fell 36% in 2015” published on January 05, 2016 as well as Fool.com‘s news article titled: “Why El Pollo Loco Holdings Inc. Stock Sank Today” with publication date: March 11, 2016.

LOCO Company Profile

El Pollo Loco Holdings, Inc., formerly EPL Holdings, Inc., incorporated in 1999, own, operate and franchise restaurants specializing in marinated, flame-grilled chicken. During the fiscal year ended December 28, 2005 (fiscal 2005), the Company’s restaurant system had 340 restaurants, consisting of 146 company-operated and 194 franchised restaurants, located principally in California, with additional restaurants in Arizona, Nevada, Texas and Illinois. In fiscal 2005, the Company closed one company-operated and one franchised restaurant and it opened six company-operated and seven franchised restaurants. The Company’s restaurant is a freestanding building ranging from approximately 2,200 to 2,600 square feet with seating for approximately 60 clients and offering drive-thru convenience.

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