Noodles & Company (NASDAQ:NDLS – Get Rating) has earned an average rating of "Hold" from the six research firms that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $7.75.

A number of research analysts recently issued reports on the company. Stephens started coverage on Noodles & Company in a report on Thursday, September 22nd. They issued an "overweight" rating and a $7.00 price target for the company. TheStreet raised shares of Noodles & Company from a "d+" rating to a "c-" rating in a research note on Friday, October 21st. BMO Capital Markets boosted their price objective on shares of Noodles & Company from $5.00 to $6.00 and gave the stock a "market perform" rating in a research report on Monday, November 7th. Finally, StockNews.com started coverage on Noodles & Company in a research report on Wednesday, October 12th. They issued a "hold" rating on the stock.

Insider Buying and Selling at Noodles & Company

In other Noodles & Company news, major shareholder Mill Road Capital Iii, L.P. bought 6,411 shares of the company's stock in a transaction on Friday, December 23rd. The stock was bought at an average price of $4.95 per share, for a total transaction of $31,734.45. Following the transaction, the insider now owns 1,021,971 shares of the company's stock, valued at approximately $5,058,756.45. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.10% of the company's stock.

Hedge Funds Weigh In On Noodles & Company

Noodles & Company Price Performance

Shares of Noodles & Company stock opened at $5.83 on Friday. The stock has a market capitalization of $268.33 million, a price-to-earnings ratio of -30.68 and a beta of 1.42. The firm's 50-day moving average price is $5.59 and its two-hundred day moving average price is $5.28. The company has a current ratio of 0.33, a quick ratio of 0.17 and a debt-to-equity ratio of 0.99. Noodles & Company has a 1-year low of $4.25 and a 1-year high of $9.63.

Noodles & Company (NASDAQ:NDLS – Get Rating) last released its quarterly earnings results on Thursday, November 3rd. The restaurant operator reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Noodles & Company had a negative return on equity of 12.13% and a negative net margin of 1.85%. The business had revenue of $129.38 million for the quarter, compared to the consensus estimate of $127.06 million. On average, equities analysts predict that Noodles & Company will post -0.01 earnings per share for the current fiscal year.

Noodles & Company Company Profile

(Get Rating)

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. As of December 28, 2021, the company operated 448 restaurants in 29 states, which included 372 company locations and 76 franchise locations.

Featured Stories

• Get a free copy of the StockNews.com research report on Noodles & Company (NDLS)
• Procter & Gamble Earnings: A Gamble Worth Taking
• Stocks Slide, Economic Report Paints Gloomy Picture For Economy
• What does Nu Holdings Stock Have To Do With Warren Buffett?
• J.B. Hunt Gets A Flat, Logistic Companies Come Into Focus
• Is Intel Stock On The Verge Of Breaking Out?

Receive News & Ratings for Noodles & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noodles & Company and related companies with MarketBeat.com's FREE daily email newsletter.