Noodles & Company (NDLS) Stock Price, News & Analysis

Company Overview

Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It operates company owned locations and franchise locations. The company was founded in 1995 and is based in Broomfield, Colorado.

Key Stats

• Today's Range: $0.68 to $0.74
• 50-Day Range: $0.69 to $1.34
• 52-Week Range: $0.65 to $3.50
• Volume: 98,506 shs
• Average Volume: 228,785 shs
• Market Capitalization: $31.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

Noodles & Company Stock Analysis - MarketRank™

Noodles & Company scored higher than 82% of companies evaluated by MarketBeat, and ranked 74th out of 208 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Noodles & Company has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Noodles & Company has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Noodles & Company are expected to grow in the coming year, from ($0.46) to ($0.30) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Noodles & Company is -0.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Noodles & Company is -0.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Noodles & Company has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.54% of the float of Noodles & Company has been sold short.

Short Interest Ratio / Days to Cover

Noodles & Company has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Noodles & Company has recently decreased by 0.16%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Noodles & Company does not currently pay a dividend.

Dividend Growth

Noodles & Company does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -1.59

Percentage of Shares Shorted

1.54% of the float of Noodles & Company has been sold short.

Short Interest Ratio / Days to Cover

Noodles & Company has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Noodles & Company has recently decreased by 0.16%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.13

News Sentiment

Noodles & Company has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Noodles & Company this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added Noodles & Company to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Noodles & Company insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.60% of the stock of Noodles & Company is held by insiders.

Percentage Held by Institutions

65.67% of the stock of Noodles & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NDLS Stock Analysis - Frequently Asked Questions

How have NDLS shares performed this year?

Noodles & Company's stock was trading at $3.15 on January 1st, 2024. Since then, NDLS shares have decreased by 77.8% and is now trading at $0.70.
View the best growth stocks for 2024 here.

How were Noodles & Company's earnings last quarter?

Noodles & Company (NASDAQ:NDLS) issued its earnings results on Wednesday, November, 6th. The restaurant operator reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.05. The restaurant operator had revenue of $122.75 million for the quarter, compared to the consensus estimate of $125.43 million. Noodles & Company had a negative trailing twelve-month return on equity of 108.23% and a negative net margin of 6.59%.

Who are Noodles & Company's major shareholders?

Top institutional shareholders of Noodles & Company include Royce & Associates LP (4.90%), FMR LLC (4.06%), Geode Capital Management LLC (0.78%) and Creative Planning (0.29%). Insiders that own company stock include Mill Road Capital Iii, LP, Thomas B West, Melissa Heidman, Corey Kline, Kathryn Rae Lockhart, Jeffrey W Jones and Shawn A Taylor.
View institutional ownership trends.

How do I buy shares of Noodles & Company?

Shares of NDLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Noodles & Company own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Noodles & Company investors own include Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/26/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: NASDAQ:NDLS
• CUSIP: N/A
• CIK: 1275158
• Web: www.noodles.com
• Phone: (720) 214-1900
• Fax: N/A
• Employees: 7,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +328.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,860,000.00
• Net Margins: -6.59%
• Pretax Margin: -6.58%
• Return on Equity: -108.23%
• Return on Assets: -4.78%

Debt

• Debt-to-Equity Ratio: 23.66
• Current Ratio: 0.31
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: $495.82 million
• Price / Sales: 0.06
• Cash Flow: $0.46 per share
• Price / Cash Flow: 1.52
• Book Value: $0.60 per share
• Price / Book: 1.17

Miscellaneous

• Outstanding Shares: 45,679,000
• Free Float: 44,491,000
• Market Cap: $31.98 million
• Optionable: Optionable
• Beta: 1.73