Noodles & Company (NDLS) Upgraded by Zacks Investment Research to Buy

Noodles & Company stock has undergone multiple analysts rating changes in the recent past.  Noodles & Company Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Noodles & Company traded down -$0.05 on Monday, reaching $12.99. 10 shares of the stock traded hands, compared to its average volume of 177003. Shares of Noodles & Company were trading at $12.99 on Monday. The firm’s 50 day moving average is $12.34 and its 200 day moving average is $11.18.Noodles & Company has a 12 month low of $12.97 and a 12 month high of $13.55. While on yearly highs and lows, Noodles & Company’s today has traded high as $13.22 and has touched $12.97 on the downward trend. See More Analyst Rating at: RATING

Noodles & Company Earnings and What to expect: 

Noodles & Company last released its quarterly earnings results on August 2nd, 2021. The restaurant operator reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.01. The company earned $125.65 million during the quarter, compared to the consensus estimate of $123.16 million. Noodles & Company has generated ($0.29) earnings per share over the last year (($0.01) diluted earnings per share). Earnings for Noodles & Company are expected to grow by 83.33% in the coming year, from $0.24 to $0.44 per share. Noodles & Company has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, October 27th, 2021 based off prior year’s report dates.

Earnings for Noodles & Company are expected to grow by 83.33% in the coming year, from $0.24 to $0.44 per share. The P/E ratio of Noodles & Company is -1,297.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Noodles & Company is -1,297.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Noodles & Company has a PEG Ratio of 5.13. PEG Ratios above 1 indicate that a company could be overvalued. Noodles & Company has a P/B Ratio of 19.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Noodles & Company (NDLS) Moving Average Technical Analysis

5 day Moving Average is $12.94 And 5 day price change is $1.03 (8.61%)  with average volume for 5 day average is 279,960. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $12.41 and 20 day price change is $0.84 (6.91%) and average 20 day moving volume is 211,275. 50 day moving average is $12.34  and 50 day price change is $1.05 ( 8.79%)  and with average volume for 50 days is : 169,368. 200 day moving average is $11.18  and 200 day price change is $5.18 (66.33%)  and with average volume for 200 days is : 224,515.

Other owners latest trading in Noodles & Company :

  • On 10/8/2021 shares held by Eidelman Virant Capital were 190,000 which equates to market value of $2.26M and appx 0.90% owners of Noodles & Company
  • On 8/25/2021 shares held by Marshall Wace LLP were 200,216 which equates to market value of $2.50M and appx 0.00% owners of Noodles & Company
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 92,626 which equates to market value of $1.16M and appx 0.00% owners of Noodles & Company
  • In total Institutional ownership equates to Institutional Ownership Percentage: 85.92% for Noodles & Company

See More Analyst Rating at: RATING