LOCO Stock Summary and Trading Ideas (El Pollo Loco Holdings | NASDAQ:LOCO)

El Pollo Loco Holdings Inc operates and franchises hundreds of fast-casual chicken restaurants in the United States. Restaurant locations are typically free-standing and include drive-thrus, and menus include many low-priced options. Poultry is the company's largest food cost, accounting for roughly 38% of total food and paper cost, and the company manages that commodity price risk by using multiple suppliers and entering supply contracts of varying lengths depending on market conditions.

El Pollo Loco Holdings trades on the NASDAQ stock market under the symbol LOCO.

As of May 9, 2024, LOCO stock price climbed to $10.39 with 84,066 million shares trading.

LOCO has a beta of 1.06, meaning it tends to be more sensitive to market movements. LOCO has a correlation of 0.18 to the broad based SPY ETF.

LOCO has a market cap of $324.00 million. This is considered a Small Cap stock.

Last quarter El Pollo Loco Holdings reported $116 million in Revenue and $.22 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.08.

In the last 3 years, LOCO stock traded as high as $19.25 and as low as $8.11.

The top ETF exchange traded funds that LOCO belongs to (by Net Assets): VTI, IWM, VXF, IWN, DFAT.

LOCO stock has underperformed the market in the last year with a return of +14.7%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LOCO shares. However, LOCO has outperformed the market in the last 3 month and 2 week periods, returning +13.6% and +23.3%, while SPY returned +4.5% and +2.7%, respectively. This indicates LOCO has been having a stronger performance recently.

LOCO support price is $10.09 and resistance is $10.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOCO stock will trade within this expected range on the day.