El Pollo Loco (LOCO) Scheduled to Announce Earnings on Thursday

El Pollo Loco (NASDAQ:LOCO) is set to post its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect El Pollo Loco to post earnings of $0.17 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

El Pollo Loco (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. El Pollo Loco had a net margin of 5.76% and a return on equity of 10.33%. The company had revenue of $122.20 million during the quarter, compared to analyst estimates of $120.39 million. During the same period in the prior year, the business posted $0.23 EPS. The firm’s revenue was up .6% compared to the same quarter last year. On average, analysts expect El Pollo Loco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

El Pollo Loco Price Performance

LOCO stock opened at $12.55 on Tuesday. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 0.36. The firm’s 50-day moving average price is $13.45 and its two-hundred day moving average price is $11.65. The stock has a market capitalization of $390.31 million, a price-to-earnings ratio of 15.49 and a beta of 1.49. El Pollo Loco has a 12-month low of $8.11 and a 12-month high of $14.25.

Wall Street Analyst Weigh In

LOCO has been the subject of a number of recent analyst reports. StockNews.com raised El Pollo Loco from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Truist Financial raised their price target on El Pollo Loco from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Friday, August 2nd.

Insiders Place Their Bets

In other news, major shareholder Sardar Biglari bought 21,325 shares of the firm’s stock in a transaction dated Friday, August 16th. The stock was purchased at an average price of $13.13 per share, with a total value of $279,997.25. Following the transaction, the insider now owns 159,241 shares of the company’s stock, valued at approximately $2,090,834.33. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 189,177 shares of company stock worth $2,483,158 over the last three months. Company insiders own 1.90% of the company’s stock.

El Pollo Loco Company Profile

El Pollo Loco Holdings, Inc, through its subsidiary, El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.