Robert W. Baird analyst David Tarantino maintained a Hold rating on El Pollo LoCo (LOCO – Research Report) on October 11 and set a price target of $10.00. The company’s shares closed yesterday at $10.75.
According to TipRanks, Tarantino is a 5-star analyst with an average return of 7.8% and a 57.28% success rate. Tarantino covers the Services sector, focusing on stocks such as Chipotle, Darden, and Domino’s Pizza.
El Pollo LoCo has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.
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Based on El Pollo LoCo’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $124.11 million and a net profit of $7.14 million. In comparison, last year the company earned a revenue of $121.99 million and had a net profit of $8.82 million
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El Pollo Loco Holdings, Inc. engages in the ownership and management of restaurant chains. It specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The restaurant industry is divided into two segments: full service and limited service. The Full service segment is comprised of the casual dining, mid-scale, and fine dining sub-segments. The Limited service segment is comprised of the QSR and fast casual sub-segments. It develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The company was founded in 1975 and is headquartered in Costa Mesa, CA.
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