Press coverage about Noodles & Co (NASDAQ:NDLS) has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Noodles & Co earned a coverage optimism score of 1.00 on their scale. InfoTrie also assigned media headlines about the restaurant operator an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Noodles & Co’s analysis:
- Noodles & Company Is Finally Gaining Momentum (seekingalpha.com)
- Analysts Issue Forecasts for Noodles & Co’s Q4 2019 Earnings (NDLS) (americanbankingnews.com)
- Noodles reports less revenue, lower net loss (bizwest.com)
- Noodles & Co (NDLS) Releases Earnings Results, Beats Expectations By $0.02 EPS (americanbankingnews.com)
- Noodles & Co. (NDLS) Q1 2019 Earnings Call Transcript (finance.yahoo.com)
NDLS traded up $0.09 during trading on Wednesday, reaching $8.26. The company’s stock had a trading volume of 16,268 shares, compared to its average volume of 431,441. The company has a debt-to-equity ratio of 6.24, a current ratio of 0.35 and a quick ratio of 0.41. Noodles & Co has a 1 year low of $5.85 and a 1 year high of $13.50. The firm has a market capitalization of $367.40 million, a price-to-earnings ratio of 413.00, a price-to-earnings-growth ratio of 7.54 and a beta of 0.06.
Noodles & Co (NASDAQ:NDLS) last released its earnings results on Thursday, May 9th. The restaurant operator reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.02. Noodles & Co had a negative net margin of 1.47% and a positive return on equity of 3.70%. The business had revenue of $110.05 million for the quarter, compared to analyst estimates of $108.93 million. On average, equities analysts anticipate that Noodles & Co will post 0.13 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Noodles & Co from a “strong sell” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group raised shares of Noodles & Co from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Friday, February 22nd. BidaskClub raised shares of Noodles & Co from a “hold” rating to a “buy” rating in a research note on Wednesday, May 8th. Finally, SunTrust Banks decreased their target price on shares of Noodles & Co to $13.00 and set a “buy” rating on the stock in a research note on Monday, March 18th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $10.50.
About Noodles & Co
Noodles & Company develops and operates fast-casual restaurants in the United States. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. As of January 1, 2019, the company operated 394 company-owned and 65 franchised restaurants in 29 states, and the District of Columbia.
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