Should I buy or sell Noodles & Company stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noodles & Company in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NDLS shares. View NDLS analyst ratings or view top-rated stocks .

What is Noodles & Company's stock price target for 2024?

2 analysts have issued 12-month price objectives for Noodles & Company's stock. Their NDLS share price targets range from $4.00 to $8.00. On average, they predict the company's stock price to reach $5.33 in the next year. This suggests a possible upside of 352.0% 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 2024?

Noodles & Company's stock was trading at $3.15 at the beginning of the year. Since then, NDLS shares have decreased by 62.5% and is now trading at $1.18. View the best growth stocks for 2024 here .

When is Noodles & Company's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our NDLS earnings forecast .

How were Noodles & Company's earnings last quarter?

Noodles & Company (NASDAQ:NDLS) posted its quarterly earnings results on Thursday, March, 7th. The restaurant operator reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.06. The restaurant operator earned $124.32 million during the quarter, compared to analysts' expectations of $124.95 million. Noodles & Company had a negative trailing twelve-month return on equity of 13.20% and a negative net margin of 1.96%.

What guidance has Noodles & Company issued on next quarter's earnings?

Noodles & Company updated its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $510.0 million-$525.0 million, compared to the consensus revenue estimate of $531.7 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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NDLS

Noodles & Company (NDLS) Stock Price, News & Analysis

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Free NDLS Stock Alerts

$1.18

-0.07 (-5.60%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.15
▼
$1.24
50-Day Range: $1.25
▼
$2.64
52-Week Range: $1.15
▼
$5.01

Volume: 880,433 shs
Average Volume: 267,171 shs
Market Capitalization: $53.09 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.33

Get Noodles & Company alerts:

Noodles & Company MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 352.0% Upside
$5.33 Price Target
Short Interest: Bearish
6.80% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.59
Upright™ Environmental Score
News Sentiment: 0.40
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.31) to ($0.23) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.30 out of 5 stars

Retail/Wholesale Sector

95th out of 198 stocks

Eating Places Industry

21st out of 40 stocks

3.3

Analyst's Opinion

Consensus Rating
Noodles & Company has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Noodles & Company has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.80% 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 8.4.
Change versus previous month
Short interest in Noodles & Company has recently increased by 4.00%, 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.

2.4

News and Social Media Coverage

News Sentiment
Noodles & Company has a news sentiment score of 0.40. 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 7 news articles for Noodles & Company this week, compared to 3 articles on an average week.
MarketBeat Follows
3 people have added Noodles & Company to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Noodles & Company insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Noodles & Company is held by insiders.
Percentage Held by Institutions
65.67% of the stock of Noodles & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Noodles & Company are expected to grow in the coming year, from ($0.31) to ($0.23) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Noodles & Company is -5.36, 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 -5.36, 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 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Noodles & Company Stock (NASDAQ:NDLS)

Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It operates company owned locations and franchise locations. The company was founded in 1995 and is based in Broomfield, Colorado.

NDLS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NDLS Stock News Headlines

April 18, 2024 | globenewswire.com

Noodles & Company to Announce First Quarter 2024 Results on May 8, 2024

April 17, 2024 | prnewswire.com

Noodles & Company Welcomes New Franchise Partner, DND Group, Inc., with Plans to Open 10 Locations in Oregon by 2030

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April 17, 2024 | morningstar.com

Noodles & Co Class A

April 16, 2024 | msn.com

Noodles looks to revamp menu with shares at an all-time low

April 16, 2024 | msn.com

Noodles looks to revamp menu with share at an all-time low

April 13, 2024 | americanbankingnews.com

Noodles & Company (NASDAQ:NDLS) Stock Price Passes Below 200-Day Moving Average of $2.52

April 12, 2024 | msn.com

Is Noodles & Co. still planning to open a restaurant in Wisconsin Rapids? Here's what we know.

April 18, 2024 | Priority Gold (Ad)

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April 10, 2024 | msn.com

Noodles & Company to expand in NE Ohio

April 10, 2024 | msn.com

Top 3 Risk Off Stocks That May Explode This Month

April 10, 2024 | benzinga.com

Top 3 Risk Off Stocks That May Explode This Month - Noodles (NASDAQ:NDLS), Children's Place (NASDAQ:PLCE)

April 5, 2024 | finance.yahoo.com

Noodles (NASDAQ:NDLS shareholders incur further losses as stock declines 14% this week, taking three-year losses to 84%

April 3, 2024 | msn.com

Cup Noodles Is Releasing a Polarizing New Flavor, and Fans Are Thrilled

March 28, 2024 | msn.com

Columbia Fire Department says downtown Noodles and Co. fire is suspicious

March 27, 2024 | msn.com

Columbia fire marshals say Noodles and Co. fire appears suspicious

March 19, 2024 | finance.yahoo.com

Abercrombie & Fitch and Noodles & Company have been highlighted as Zacks Bull and Bear of the Day

March 12, 2024 | msn.com

Noodles & Company Plans Full Menu Revamp

March 11, 2024 | markets.businessinsider.com

Truist Financial Reaffirms Their Buy Rating on Noodles & Co (NDLS)

March 9, 2024 | finance.yahoo.com

Noodles Full Year 2023 Earnings: EPS Misses Expectations

March 8, 2024 | finance.yahoo.com

Why Noodles (NDLS) Shares Are Getting Obliterated Today

March 8, 2024 | finance.yahoo.com

Noodles & Company (NASDAQ:NDLS) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

Q4 2023 Noodles & Co Earnings Call

March 8, 2024 | finance.yahoo.com

Noodles & Co (NDLS) Reports Decline in Q4 Revenue and Net Loss for Fiscal Year 2023

March 7, 2024 | marketwatch.com

Noodles & Co. Names Drew Madsen as Permanent CEO

March 7, 2024 | theglobeandmail.com

Noodles (NASDAQ:NDLS) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops

March 7, 2024 | globenewswire.com

Noodles & Company Announces Fourth Quarter and Full Year 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Eating places
Sub-Industry: N/A
Current Symbol: NASDAQ:NDLS
CUSIP: N/A
CIK: 1275158
Web: www.noodles.com
Phone: (720) 214-1900
Fax: N/A
Employees: 7,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.33
High Stock Price Target: $8.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +352.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.22)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-9,860,000.00
Net Margins: -1.96%
Pretax Margin: -1.95%
Return on Equity: -13.20%
Return on Assets: -1.20%

Debt

Debt-to-Equity Ratio: 2.95
Current Ratio: 0.34
Quick Ratio: 0.18

Sales & Book Value

Annual Sales: $503.40 million
Price / Sales: 0.11
Cash Flow: $0.43 per share
Price / Cash Flow: 2.74
Book Value: $0.60 per share
Price / Book: 1.97

Miscellaneous

Outstanding Shares: 44,990,000
Free Float: 43,685,000
Market Cap: $53.09 million
Optionable: Optionable
Beta: 1.65

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Key Executives

Mr. Andrew H. Madsen (Age 68)
CEO & Director
Comp: $70k
Mr. Thomas Brad West (Age 66)
Chief Operating Officer
Comp: $435k
Ms. Melissa M. Heidman (Age 56)
Executive VP, General Counsel & Secretary
Comp: $391.95k
Ms. Stacey Pool (Age 47)
Chief Marketing Officer
Comp: $433.67k
Mr. Michael Hynes
Chief Financial Officer
Ms. Kathryn Lockhart (Age 60)
VP & Chief Accounting Officer
Comp: $301.65k
Mr. Corey Kline (Age 46)
Executive Vice President of Technology
Ms. Sue Petersen (Age 59)
Executive Vice President of Inclusion, Diversity & People

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NDLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Noodles & Company stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noodles & Company in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NDLS shares.
View NDLS analyst ratings or view top-rated stocks.
What is Noodles & Company's stock price target for 2024?: 2 analysts have issued 12-month price objectives for Noodles & Company's stock. Their NDLS share price targets range from $4.00 to $8.00. On average, they predict the company's stock price to reach $5.33 in the next year. This suggests a possible upside of 352.0% 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 2024?: Noodles & Company's stock was trading at $3.15 at the beginning of the year. Since then, NDLS shares have decreased by 62.5% and is now trading at $1.18.
View the best growth stocks for 2024 here.
When is Noodles & Company's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our NDLS earnings forecast.
How were Noodles & Company's earnings last quarter?: Noodles & Company (NASDAQ:NDLS) posted its quarterly earnings results on Thursday, March, 7th. The restaurant operator reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.06. The restaurant operator earned $124.32 million during the quarter, compared to analysts' expectations of $124.95 million. Noodles & Company had a negative trailing twelve-month return on equity of 13.20% and a negative net margin of 1.96%.

What guidance has Noodles & Company issued on next quarter's earnings?: Noodles & Company updated its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $510.0 million-$525.0 million, compared to the consensus revenue estimate of $531.7 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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NDLS) was last updated on 4/18/2024 by MarketBeat.com Staff

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Noodles & Company (NDLS) Stock Price, News & Analysis

Noodles & Company MarketRank™ Stock Analysis

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Noodles & Company Stock (NASDAQ:NDLS)

NDLS Stock Price History

NDLS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NDLS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™