Alert: Positive Investment/Fundamental Signals (6/28/24)-El Pollo Loco Holdings Inc (NASDAQ: LOCO)

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Extremely significant positive changes in El Pollo Loco Holdings Inc (NASDAQ: LOCO) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Meaningful positive changes in El Pollo Loco Holdings Inc (NASDAQ: LOCO) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

LOCO is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

El Pollo Loco Holdings has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. El Pollo Loco Holdings has a slightly negative Appreciation Score of 39 but a good Power Rating of 73, leading to the Neutral Value Trend Rating.

Recent Price Action

On 6/28/24, El Pollo Loco Holdings Inc (NASDAQ: LOCO) stock increased 1.7%, closing at $11.31. Moreover, this advance was accompanied by exceptionally high trading volume at 228% of normal. The stock has risen 2.3% during the last week and has been strong relative to the market over the last nine months.

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