Noodles & Co (NASDAQ:NDLS) Getting Somewhat Positive News Coverage, Report Finds

Media stories about Noodles & Co (NASDAQ:NDLS) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Noodles & Co earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 47.3682427327754 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Noodles & Co (NASDAQ NDLS) traded up $0.10 during mid-day trading on Wednesday, reaching $6.10. The company had a trading volume of 45,255 shares, compared to its average volume of 65,825. Noodles & Co has a 12 month low of $3.16 and a 12 month high of $6.35. The stock has a market capitalization of $250.82, a price-to-earnings ratio of -2.01, a price-to-earnings-growth ratio of 8.15 and a beta of -0.26. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.57 and a quick ratio of 0.31.

NDLS has been the topic of several research analyst reports. Zacks Investment Research cut shares of Noodles & Co from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. BMO Capital Markets set a $4.00 target price on Noodles & Co and gave the stock a “hold” rating in a research note on Friday, November 10th. SunTrust Banks reaffirmed a “hold” rating and issued a $6.00 target price on shares of Noodles & Co in a research note on Wednesday, January 3rd. Finally, Citigroup upped their target price on Noodles & Co from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Monday, November 20th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $5.00.

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About Noodles & Co

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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