NASDAQ:NDLS Noodles & Company (NDLS) Stock Forecast, Price & News $3.40 -0.20 (-5.56%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$3.40▼$3.6050-Day Range$3.21▼$5.2152-Week Range$3.12▼$6.55Volume337,718 shsAverage Volume298,602 shsMarket Capitalization$157.62 millionP/E RatioN/ADividend YieldN/APrice Target$7.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Noodles & Company MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside113.2% Upside$7.25 Price TargetShort InterestHealthy3.14% of Float Sold ShortDividend StrengthN/ASustainability-1.59Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$1.01 M Bought Last QuarterProj. Earnings Growth158.82%From $0.17 to $0.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.45 out of 5 starsRetail/Wholesale Sector60th out of 209 stocksEating Places Industry10th out of 44 stocks 3.3 Analyst's Opinion Consensus RatingNoodles & Company has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.25, Noodles & Company has a forecasted upside of 113.2% from its current price of $3.40.Amount of Analyst CoverageNoodles & Company has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.14% of the float of Noodles & Company has been sold short.Short Interest Ratio / Days to CoverNoodles & Company has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Noodles & Company has recently increased by 18.53%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNoodles & Company does not currently pay a dividend.Dividend GrowthNoodles & Company does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNoodles & Company has received a 39.97% net impact score from Upright. Noodles seems to create the most significant positive value in categories "Jobs", "Taxes", and "Nutrition". The positive contribution in the "Nutrition" impact category is mostly driven by its "Thai food", "Vegetarian spaghetti dishes", and "Food service meals" products. See details.Environmental SustainabilityThe Environmental Impact score for Noodles & Company is -1.59. Previous Next 1.2 News and Social Media Coverage News SentimentNoodles & Company has a news sentiment score of 0.20. 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 0.47 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for Noodles & Company this week, compared to 5 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Noodles & Company insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,012,897.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.90% of the stock of Noodles & Company is held by insiders.Percentage Held by Institutions89.08% of the stock of Noodles & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Noodles & Company are expected to grow by 158.82% in the coming year, from $0.17 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Noodles & Company is -340,000.00, 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. SectorThe P/E ratio of Noodles & Company is -340,000.00, 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 RatioNoodles & Company has a P/B Ratio of 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Noodles & Company (NASDAQ:NDLS) StockNoodles & 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.Read More Receive NDLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Noodles & Company and its competitors with MarketBeat's FREE daily newsletter. Email Address NDLS Stock News HeadlinesJune 8, 2023 | msn.comNoodles & Company: Poor Margins And Slowing Growth Are ConcerningMay 31, 2023 | msn.comNoodles and Company opens Franklin restaurantJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 30, 2023 | finance.yahoo.comThomas Lynch Appointed to Noodles & Company Board of DirectorsMay 28, 2023 | msn.comNoodles & Company coming to Lancaster CountyMay 26, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Receives $7.25 Average Price Target from BrokeragesMay 25, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Cut to Hold at StockNews.comMay 24, 2023 | finance.yahoo.comNoodles & Company Celebrates Pride Month by Pledging $30k to Support Workplace EqualityJune 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 22, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Downgraded by StephensMay 19, 2023 | markets.businessinsider.comAnalyst Ratings for NoodlesMay 19, 2023 | msn.comNoodles & Co. Goes Limp on Bad NewsMay 19, 2023 | marketwatch.comNoodles & Co. Shares Touch 52-Week Low as Finance Chief Resigns >NDLSMay 19, 2023 | msn.comNoodles & Company stock slumps on CFO exit, analyst downgradeMay 19, 2023 | finance.yahoo.comNoodles (NASDAQ:NDLS) investors are sitting on a loss of 57% if they invested five years agoMay 17, 2023 | finanznachrichten.deNoodles & Company Extends Partnership With ArrowStream, Adding Product QA SolutionMay 15, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Issues FY 2023 Earnings GuidanceMay 15, 2023 | marketwatch.comPasta and Noodles Market in 2023: Insights and Strategies | 2031May 15, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Stock Rating Upgraded by StockNews.comMay 14, 2023 | msn.comNoodles & Company opening new Lancaster County locationMay 12, 2023 | marketwatch.comHigh-end Noodles Market Analysis Report: Market Size Growth, Deployment, and Segment Forecast with Projected CAGR of 10.5% from 2023 to 2030May 12, 2023 | msn.comTruist Securities Maintains Noodles & Company - (NDLS) Buy RecommendationMay 12, 2023 | americanbankingnews.comNoodles & Company (NASDAQ:NDLS) Price Target Cut to $8.00 by Analysts at Truist FinancialMay 11, 2023 | msn.comNoodles & Company Non-GAAP EPS of -$0.05 beats by $0.03, revenue of $126.1M misses by $0.31MMay 11, 2023 | marketwatch.comInstant Noodles Market Analysis, Segmentation, Growth, Trends, Gross Margin, Demand and Regional Forecast by 2029May 11, 2023 | marketwatch.comCup Noodles Market 2023 Witness Sizeable Growth during Forecast Period 2030May 11, 2023 | benzinga.comNoodles & Co. Reports Q1 Loss, Misses Revenue EstimatesSee More Headlines NDLS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NDLS Company Calendar Last Earnings3/08/2023Today6/08/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Eating places Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:NDLS CUSIPN/A CIK1275158 Webwww.noodles.com Phone(720) 214-1900FaxN/AEmployees8,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.25 High Stock Price Forecast$10.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+113.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.00 Trailing P/E RatioN/A Forward P/E Ratio20.00 P/E GrowthN/ANet Income$-3,310,000.00 Net MarginsN/A Pretax Margin0.01% Return on Equity8.41% Return on Assets0.89% Debt Debt-to-Equity Ratio1.43 Current Ratio0.31 Quick Ratio0.16 Sales & Book Value Annual Sales$523.00 million Price / Sales0.30 Cash Flow$0.51 per share Price / Cash Flow6.66 Book Value$0.83 per share Price / Book4.10Miscellaneous Outstanding Shares46,358,000Free Float45,014,000Market Cap$157.62 million OptionableOptionable Beta1.48 Key ExecutivesDavid James BoennighausenChief Executive Officer & DirectorBrad WestChief Operating OfficerCarl LukachChief Financial OfficerCorey KlineExecutive Vice President-TechnologyMelissa M. HeidmanSecretary, Executive VP & General CounselKey CompetitorsTH InternationalNASDAQ:THCHRed Robin Gourmet BurgersNASDAQ:RRGBFiesta Restaurant GroupNASDAQ:FRGIFAT BrandsNASDAQ:FATBBONE Group HospitalityNASDAQ:STKSView All CompetitorsInsiders & InstitutionsCorey KlineBought 2,900 shares on 6/2/2023Total: $9,889.00 ($3.41/share)New York State Common Retirement FundSold 15,700 shares on 5/18/2023Ownership: 0.029%Geode Capital Management LLCBought 29,722 shares on 5/16/2023Ownership: 1.611%State Street CorpBought 20,015 shares on 5/16/2023Ownership: 1.425%Arrowstreet Capital Limited PartnershipBought 14,511 shares on 5/16/2023Ownership: 0.440%View All Insider TransactionsView All Institutional Transactions NDLS Stock - Frequently Asked Questions Should I buy or sell Noodles & Company stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Noodles & Company in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NDLS shares. View NDLS analyst ratings or view top-rated stocks. What is Noodles & Company's stock price forecast for 2023? 4 equities research analysts have issued twelve-month target prices for Noodles & Company's shares. Their NDLS share price forecasts range from $5.00 to $10.00. On average, they anticipate the company's share price to reach $7.25 in the next twelve months. This suggests a possible upside of 113.2% from the stock's current price. View analysts price targets for NDLS or view top-rated stocks among Wall Street analysts. How have NDLS shares performed in 2023? Noodles & Company's stock was trading at $5.49 on January 1st, 2023. Since then, NDLS shares have decreased by 38.1% and is now trading at $3.40. View the best growth stocks for 2023 here. Are investors shorting Noodles & Company? Noodles & Company saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,140,000 shares, an increase of 18.5% from the April 30th total of 961,800 shares. Based on an average daily volume of 348,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.1% of the company's stock are short sold. View Noodles & Company's Short Interest. When is Noodles & Company's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our NDLS earnings forecast. How were Noodles & Company's earnings last quarter? Noodles & Company (NASDAQ:NDLS) issued its quarterly earnings data on Wednesday, March, 8th. The restaurant operator reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The restaurant operator had revenue of $136.47 million for the quarter, compared to analysts' expectations of $135.98 million. The firm's revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.05) EPS. What guidance has Noodles & Company issued on next quarter's earnings? Noodles & Company issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of $0.10-$0.20 for the period, compared to the consensus estimate of $0.16. The company issued revenue guidance of -. What is Dave Boennighausen's approval rating as Noodles & Company's CEO? 249 employees have rated Noodles & Company Chief Executive Officer Dave Boennighausen on Glassdoor.com. Dave Boennighausen has an approval rating of 69% among the company's employees. What other stocks do shareholders of Noodles & Company own? Based on aggregate information from My MarketBeat watchlists, some companies that other Noodles & Company investors own include Exelixis (EXEL), NVIDIA (NVDA), Netflix (NFLX), Twitter (TWTR), Tesla (TSLA), Advanced Micro Devices (AMD), FireEye (FEYE), General Electric (GE), NIKE (NKE) and AbbVie (ABBV). What is Noodles & Company's stock symbol? Noodles & Company trades on the NASDAQ under the ticker symbol "NDLS." Who are Noodles & Company's major shareholders? Noodles & Company's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (13.58%), BlackRock Inc. (5.32%), Royce & Associates LP (3.78%), Emerald Mutual Fund Advisers Trust (2.04%), Punch & Associates Investment Management Inc. (1.98%) and Geode Capital Management LLC (1.61%). Insiders that own company stock include Corey Kline, David James Boennighausen, Holdings Ll Catterton-Noodles, Jeffrey W Jones, Kathryn Rae Lockhart, Melissa Heidman, Mill Road Capital Ii, LP, Mill Road Capital Iii, LP, Shawn A Taylor and Thomas B West. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Noodles & Company's stock price today? One share of NDLS stock can currently be purchased for approximately $3.40. How much money does Noodles & Company make? Noodles & Company (NASDAQ:NDLS) has a market capitalization of $157.62 million and generates $523.00 million in revenue each year. The restaurant operator earns $-3,310,000.00 in net income (profit) each year or $0.00 on an earnings per share basis. How many employees does Noodles & Company have? The company employs 8,100 workers across the globe. How can I contact Noodles & Company? Noodles & Company's mailing address is 520 ZANG ST. SUITE D, BROOMFIELD CO, 80021. The official website for the company is www.noodles.com. The restaurant operator can be reached via phone at (720) 214-1900 or via email at investorrelations@noodles.com. This page (NASDAQ:NDLS) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Noodles & Company Please log in to your account or sign up in order to add this asset to your watchlist. 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