News coverage about Noodles & (NASDAQ:NDLS) has trended somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Noodles & earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 47.7376343282313 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- SunTrust Banks Weighs in on Noodles & Company’s Q4 2017 Earnings (NDLS) (americanbankingnews.com)
- Noodles & Co. Class A to Host Earnings Call (finance.yahoo.com)
- Noodles & Company Announces Third Quarter 2017 Financial Results (finance.yahoo.com)
- Noodles & Co. reports 3Q loss (finance.yahoo.com)
- Noodles & Company suffers continued losses in third quarter (finance.yahoo.com)
NDLS has been the topic of several research reports. BMO Capital Markets set a $4.00 price target on shares of Noodles & and gave the stock a “hold” rating in a research note on Friday. Piper Jaffray Companies reissued a “sell” rating and set a $4.00 price target on shares of Noodles & in a research note on Friday, August 11th. Zacks Investment Research raised shares of Noodles & from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. SunTrust Banks, Inc. reissued a “hold” rating and set a $5.00 price target on shares of Noodles & in a research note on Thursday, October 12th. Finally, Wedbush reissued a “hold” rating on shares of Noodles & in a research note on Friday, August 11th. Three analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Noodles & currently has an average rating of “Hold” and a consensus price target of $4.57.
Noodles & (NDLS) opened at $4.60 on Tuesday. The company has a current ratio of 0.57, a quick ratio of 0.31 and a debt-to-equity ratio of 1.78. Noodles & has a one year low of $3.16 and a one year high of $6.00.
Noodles & (NASDAQ:NDLS) last issued its earnings results on Thursday, November 9th. The restaurant operator reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Noodles & had a negative net margin of 17.41% and a negative return on equity of 6.83%. The company had revenue of $114.20 million for the quarter, compared to the consensus estimate of $114.45 million. During the same period in the previous year, the firm earned ($0.04) earnings per share. The firm’s revenue for the quarter was down 6.9% on a year-over-year basis. research analysts forecast that Noodles & will post -0.01 EPS for the current year.
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Noodles & Company Profile
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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