NASDAQ:NDLS

Noodles & Company - NDLS Stock Forecast, Price & News

$4.85

+0.15 (+3.19%)

(As of 03/31/2023 04:23 PM ET)

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Today's Range: $4.71
▼
$4.86
50-Day Range: $4.65
▼
$6.55
52-Week Range: $4.25
▼
$6.78

Volume: 209,132 shs
Average Volume: 169,701 shs
Market Capitalization: $223.29 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.50

Institutional Ownership

Noodles & Company MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 77.5% Upside
$8.50 Price Target
Short Interest: Healthy
1.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.59
Upright™ Environmental Score
News Sentiment: 0.44
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$464,000 Bought Last Quarter
Proj. Earnings Growth: 176.47%
From $0.17 to $0.47 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Retail/Wholesale Sector

55th out of 212 stocks

Eating Places Industry

10th out of 43 stocks

3.4

Analyst's Opinion

Consensus Rating
Noodles & Company has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, Noodles & Company has a forecasted upside of 77.5% from its current price of $4.79.
Amount of Analyst Coverage
Noodles & Company has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.71% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Noodles & Company has recently increased by 3.51%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Noodles & Company does not currently pay a dividend.
Dividend Growth
Noodles & Company does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Noodles & 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 Sustainability
The Environmental Impact score for Noodles & Company is -1.59.

1.9

News and Social Media Coverage

News Sentiment
Noodles & Company has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Noodles & Company this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for NDLS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Noodles & Company insiders have bought 1,192.95% more of their company's stock than they have sold. Specifically, they have bought $464,000.00 in company stock and sold $35,887.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Noodles & Company is held by insiders.
Percentage Held by Institutions
89.08% of the stock of Noodles & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Noodles & Company are expected to grow by 176.47% in the coming year, from $0.17 to $0.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Noodles & Company is -68.42, 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 -68.42, 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 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Noodles & Company (NASDAQ:NDLS) Stock

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.

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NDLS Stock News Headlines

March 30, 2023 | msn.com

Ramen for breakfast? Cup Noodles launches new breakfast flavored noodles

March 30, 2023 | msn.com

Ramen for breakfast? Cup Noodles' new flavor tastes like egg, sausage and maple syrup pancakes

March 31, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

March 30, 2023 | americanbankingnews.com

Noodles & Company (NASDAQ:NDLS) Rating Lowered to Hold at StockNews.com

March 24, 2023 | msn.com

Noodles & Company to open additional location on Airport Hwy.

March 24, 2023 | americanbankingnews.com

Insider Buying: Noodles & Company (NASDAQ:NDLS) Major Shareholder Buys $464,000.00 in Stock

March 15, 2023 | finance.yahoo.com

As Warmer Weather Returns, Noodles & Company Brings Back its Fan-Favorite Backyard BBQ Chicken Salad

March 14, 2023 | seekingalpha.com

Noodles & Company: Only For Investors With A High Risk Appetite

March 31, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

March 10, 2023 | msn.com

Looking Into Noodles's Return On Capital Employed

March 10, 2023 | finance.yahoo.com

Noodles & Company (NASDAQ:NDLS) Q4 2022 Earnings Call Transcript

March 9, 2023 | markets.businessinsider.com

Stephens Keeps Their Buy Rating on Noodles & Co (NDLS)

March 9, 2023 | finance.yahoo.com

Noodles & Company's Guidance Reflects Strong Consumer Demand For Its Products, Says Analyst

March 9, 2023 | marketwatch.com

Cup Noodles Market Expert Business Study Report 2023-2028

March 9, 2023 | finance.yahoo.com

Q4 2022 Noodles & Co Earnings Call

March 8, 2023 | msn.com

Noodles posts double-digit gain in comparable sales and doubles EBITDA tally

March 8, 2023 | finance.yahoo.com

Noodles & Company Announces Fourth Quarter and Full Year 2022 Financial Results

March 8, 2023 | marketwatch.com

Rice Noodles Market Forecast 2023-2028: Size, Growth, and Competitor Analysis for Business Success

March 8, 2023 | marketwatch.com

Latest "Soap Noodles Market" Analysis, Technologies & Forecasts to 2028

March 7, 2023 | marketwatch.com

Insight View on Pasta and Noodles Market 2023-2028 Size and Demand Forecast Analysis | Research Report by Absolute Reports

March 7, 2023 | msn.com

Noodles's Earnings: A Preview

March 7, 2023 | marketwatch.com

Konjac Noodles Market Analysis Report 2023 Along with Statistics Figures, till 2028

March 6, 2023 | marketwatch.com

2023 Dry Pasta and Noodles Market: Best Practices of Top Players and Strategies for Success till 2027

March 6, 2023 | marketwatch.com

Noodles Market is Booming Worldwide to Show Significant Growth over the Forecast 2023 to 2028

March 4, 2023 | finance.yahoo.com

Noodles & Company (NDLS) Stock Historical Prices & Data - Yahoo Finance

March 2, 2023 | marketwatch.com

Dry Pasta and Noodles Market Size, Share, Outlook and Forecast to 2028

March 1, 2023 | marketwatch.com

Soap Noodles Market Potential, Development Status, Insight and Quality Analysis Research by Forecast Years 2023-2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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NDLS Company Calendar

Last Earnings: 3/08/2023
Today: 3/31/2023
Next Earnings (Estimated): 4/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Eating places
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:NDLS
CUSIP: N/A
CIK: 1275158
Web: www.noodles.com
Phone: (720) 214-1900
Fax: N/A
Employees: 8,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.50
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +75.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 28.53
P/E Growth: N/A
Net Income: $-3,310,000.00
Net Margins: -0.65%
Pretax Margin: -0.64%
Return on Equity: -1.37%
Return on Assets: -0.14%

Debt

Debt-to-Equity Ratio: 1.20
Current Ratio: 0.34
Quick Ratio: 0.18

Sales & Book Value

Annual Sales: $509.48 million
Price / Sales: 0.44
Cash Flow: $0.53 per share
Price / Cash Flow: 9.11
Book Value: $0.83 per share
Price / Book: 5.84

Miscellaneous

Outstanding Shares: 46,040,000
Free Float: 45,073,000
Market Cap: $223.29 million
Optionable: Optionable
Beta: 1.47

Key Executives

David James Boennighausen
Chief Executive Officer & Director

Brad West
Chief Operating Officer

Carl Lukach
Chief Financial Officer

Corey Kline
Executive Vice President-Technology

Melissa M. Heidman
Secretary, Executive VP & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NDLS Stock - Frequently Asked Questions

Should I buy or sell Noodles & Company stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noodles & Company in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12 month price objectives for Noodles & Company's stock. Their NDLS share price forecasts range from $6.00 to $11.00. On average, they predict the company's share price to reach $8.50 in the next year. This suggests a possible upside of 75.3% 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 at the start of the year. Since then, NDLS shares have decreased by 11.7% and is now trading at $4.85.
View the best growth stocks for 2023 here.
When is Noodles & Company's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our NDLS earnings forecast.
How were Noodles & Company's earnings last quarter?: Noodles & Company (NASDAQ:NDLS) announced its earnings results on Wednesday, March, 8th. The restaurant operator reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The restaurant operator earned $136.47 million during the quarter, compared to the consensus estimate of $135.98 million. Noodles & Company had a negative net margin of 0.65% and a negative trailing twelve-month return on equity of 1.37%. The business's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter 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 first quarter 2023 earnings guidance on Wednesday, March, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.00 million-$128.00 million, compared to the consensus revenue estimate of $125.96 million.
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 a number of institutional and retail investors. Top institutional shareholders include Mill Road Capital Management LLC (12.43%), Emerald Advisers LLC (2.53%), Silvercrest Asset Management Group LLC (2.12%), Emerald Mutual Fund Advisers Trust (2.11%), Geode Capital Management LLC (1.56%) and Prospector Partners LLC (1.55%). Insiders that own company stock include 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 $4.85.
How much money does Noodles & Company make?: Noodles & Company (NASDAQ:NDLS) has a market capitalization of $223.29 million and generates $509.48 million in revenue each year. The restaurant operator earns $-3,310,000.00 in net income (profit) each year or ($0.07) 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 3/31/2023 by MarketBeat.com Staff

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Noodles & Company - NDLS Stock Forecast, Price & News

Noodles & Company MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Noodles & Company (NASDAQ:NDLS) Stock

NDLS Stock News Headlines

NDLS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NDLS Stock - Frequently Asked Questions

Overall MarketRank^™