The stock of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) is a huge mover today! About 1.57 million shares traded hands or 238.81% up from the average. El Pollo LoCo Holdings Inc (NASDAQ:LOCO) has declined 8.82% since April 4, 2016 and is downtrending. It has underperformed by 9.91% the S&P500.
The move comes after 6 months negative chart setup for the $422.13M company. It was reported on Nov, 4 by Barchart.com. We have $9.55 PT which if reached, will make NASDAQ:LOCO worth $50.66M less.
Analysts await El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to report earnings on November, 10. They expect $0.19 EPS, up 5.56% or $0.01 from last year’s $0.18 per share. LOCO’s profit will be $7.39 million for 14.28 P/E if the $0.19 EPS becomes a reality. After $0.19 actual EPS 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. The stock has “Buy” rating given by Suntrust Robinson on Thursday, October 8. Robert W. Baird downgraded the stock to “Neutral” rating in Friday, November 13 report. The stock has “Hold” rating given by Zacks on Monday, September 7. The rating was initiated by Sidoti on Wednesday, January 13 with “Buy”. The rating was initiated by Guggenheim with “Buy” on Tuesday, December 1. Stifel Nicolaus upgraded El Pollo LoCo Holdings Inc (NASDAQ:LOCO) on Friday, August 28 to “Buy” rating. The stock of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) earned “Buy” rating by SunTrust on Thursday, October 8. The stock has “Sell” rating given by Zacks on Friday, August 28. The firm has “Neutral” rating by SunTrust given on Wednesday, April 27. Stifel Nicolaus downgraded El Pollo LoCo Holdings Inc (NASDAQ:LOCO) on Tuesday, July 26 to “Hold” rating.
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: 247Wallst.com which released: “El Pollo Loco Chokes on Earnings” on November 04, 2016, also Globenewswire.com with their article: “El Pollo Loco Holdings, Inc. Announces Third Quarter 2016 Financial Results” published on November 03, 2016, Fool.com published: “Why El Pollo Loco Holdings, Inc. Stock Jumped 16.8% in June” on July 12, 2016. 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. Stock Dove 16% Last Month” published on June 07, 2016 as well as Fool.com‘s news article titled: “Why El Pollo Loco Holdings, Inc. Fell 36% in 2015” with publication date: January 05, 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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