One company to watch right now is El Pollo Loco (LOCO). LOCO is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.83. This compares to its industry's average Forward P/E of 22.28. Over the last 12 months, LOCO's Forward P/E has been as high as 18.18 and as low as 10.83, with a median of 13.25.