Noodles & Company (NASDAQ:NDLS - Get Free Report)'s stock had its "buy" rating reissued by Benchmark in a report released on Monday,Benzinga reports. They currently have a $3.00 target price on the restaurant operator's stock. Benchmark's target price would indicate a potential upside of 180.37% from the stock's current price.
Separately, StockNews.com raised Noodles & Company from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th.
Read Our Latest Research Report on Noodles & Company
Noodles & Company Price Performance
Noodles & Company stock traded down $0.14 during midday trading on Monday, reaching $1.07. The company's stock had a trading volume of 217,614 shares, compared to its average volume of 261,942. The company has a debt-to-equity ratio of 23.66, a quick ratio of 0.17 and a current ratio of 0.31. Noodles & Company has a fifty-two week low of $0.55 and a fifty-two week high of $2.36. The firm has a market capitalization of $48.94 million, a PE ratio of -1.47 and a beta of 1.96. The stock's 50 day simple moving average is $1.25 and its 200 day simple moving average is $1.10.
Noodles & Company (NASDAQ:NDLS - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The restaurant operator reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). Noodles & Company had a negative return on equity of 108.23% and a negative net margin of 6.59%. The company had revenue of $121.77 million for the quarter, compared to analysts' expectations of $123.43 million. During the same period in the prior year, the firm posted ($0.07) EPS. On average, equities research analysts forecast that Noodles & Company will post -0.43 earnings per share for the current year.
Institutional Investors Weigh In On Noodles & Company
An institutional investor recently raised its position in Noodles & Company stock. Bridgeway Capital Management LLC grew its stake in shares of Noodles & Company (NASDAQ:NDLS - Free Report) by 17.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 147,300 shares of the restaurant operator's stock after buying an additional 21,800 shares during the period. Bridgeway Capital Management LLC owned 0.32% of Noodles & Company worth $85,000 as of its most recent SEC filing. 65.67% of the stock is owned by institutional investors and hedge funds.
Noodles & Company Company Profile
(
Get Free Report)
Noodles & Co engages in the business of development and operation of fast-casual restaurants that serve noodle and pasta dishes, soups, salads, and appetizers. The firm also offers pleasant dining, pick-up, and delivery experiences by quickly preparing fresh food with friendly service. The company was founded by Aaron Kennedy in 1995 and is headquartered in Broomfield, CO.
Featured Articles
Before you consider Noodles & Company, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Noodles & Company wasn't on the list.
While Noodles & Company currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
