Media coverage about Noodles & (NASDAQ:NDLS) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Noodles & earned a news impact score of 0.24 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 45.3631543850927 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of analysts have recently commented on the company. Jefferies Group LLC reiterated a “hold” rating and set a $4.50 target price (down previously from $5.50) on shares of Noodles & in a research report on Friday, August 11th. Zacks Investment Research cut Noodles & from a “hold” rating to a “sell” rating in a research report on Friday, July 21st. Wedbush reiterated a “hold” rating on shares of Noodles & in a research report on Friday, August 11th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $5.00 target price on shares of Noodles & in a research report on Thursday, October 12th. Finally, Piper Jaffray Companies reiterated a “sell” rating and set a $4.00 target price on shares of Noodles & in a research report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Noodles & presently has an average rating of “Hold” and a consensus target price of $4.69.
Shares of Noodles & (NDLS) traded up 1.12% on Friday, reaching $4.50. The company’s stock had a trading volume of 46,582 shares. The stock has a 50-day moving average of $4.44 and a 200 day moving average of $4.44. Noodles & has a 1-year low of $3.16 and a 1-year high of $6.00. The stock’s market capitalization is $185.00 million.
Noodles & (NASDAQ:NDLS) last released its quarterly earnings results on Thursday, August 10th. The restaurant operator reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01). The company had revenue of $112.79 million during the quarter, compared to analyst estimates of $113.98 million. Noodles & had a negative net margin of 17.42% and a negative return on equity of 10.25%. The firm’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.03) EPS. On average, equities analysts forecast that Noodles & will post ($0.01) EPS for the current year.
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About Noodles &
Noodles & Company develops and operates fast casual restaurants. The Company’s menu includes a range of cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches and appetizers. The Company has approximately 490 restaurants, including 420 Company-owned and 70 franchised locations, across 40 states, the District of Columbia and one Canadian province.
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