The stock of Noodles & Co (NASDAQ:NDLS) was a huge mover yesterday! The stock increased 1.18% or $0.05 during the last trading session, hitting $4.3. About 128,952 shares traded hands. Noodles & Co (NASDAQ:NDLS) has declined 61.43% since May 3, 2016 and is downtrending. It has underperformed by 68.28% the S&P 500.
The move comes after 5 months positive chart setup for the $122.63M company. It was reported on Dec, 6 by Barchart.com. We have $4.60 PT which if reached, will make NASDAQ:NDLS worth $8.58M more.
The move comes after 5 months positive chart setup for the $122.63M company. It was reported on Dec, 6 by Barchart.com. We have $4.60 PT which if reached, will make NASDAQ:NDLS worth $8.58M more.
Analysts await Noodles & Co (NASDAQ:NDLS) to report earnings on February, 23. After $-0.04 actual EPS reported by Noodles & Co for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Shares of Noodles & Company (NASDAQ:NDLS) reached $4.70 today, rewarding investors of their stock with gains of 10.59% at the time of writing.
“Behind every stock is a company. Find out what it’s doing.” – Peter Lynch.
Investors can forget that the stocks they are trading are shares of an actual, real-life company. Investors must remember that the value of the company will determine the stock price, so research must be done to understand the value of what you are buying.
In general, it’s good practice to invest in companies with positive characteristics, such as competitive advantages, great management and market leadership, though a diligent investor should also understand certain financial characteristics, such as earnings, return on equity (ROE) and their relative value compared to other companies.
Technical analysts use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.
Noodles & Company (NASDAQ:NDLS)’s RSI (Relative Strength Index) is 58.73. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
Source: http://www.engelwooddaily.com/shares-shuffling-higher-reaching-top-gainers-list-noodles-company-nasdaqndls/909713/
Noodles & Co (NASDAQ:NDLS) Ratings Coverage
According to Zacks Investment Research, “Noodles & Company is a fast casual restaurant which offers lunch and dinner. It serves noodles, pastas, salads, soups, sandwiches, cheese, meatballs and beverages. The company operates in the United States. Noodles & Company is based in Broomfield, Colorado.”
Institutional Activity: The institutional sentiment decreased to 0.78 in 2016 Q3. Its down 0.22, from 1 in 2016Q2. The ratio is negative, as 17 funds sold all Noodles & Co shares owned while 24 reduced positions. 16 funds bought stakes while 16 increased positions. They now own 22.29 million shares or 30.21% less from 31.94 million shares in 2016Q2.
Blackrock, a New York-based fund reported 1,967 shares. Netols Asset Management has 0.54% invested in the company for 509,350 shares. Blackrock Institutional Tru Na has 0% invested in the company for 430,524 shares. Manufacturers Life Insur Commerce The holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 785 shares. Kcg Hldgs accumulated 0% or 31,972 shares. Susquehanna Intll Group Llp, a Pennsylvania-based fund reported 33,787 shares. Tower Cap Limited Company (Trc) holds 0% or 290 shares in its portfolio. Sg Americas Securities Lc holds 0% or 21,132 shares in its portfolio. Great West Life Assurance Company Can owns 4,509 shares or 0% of their US portfolio. Prospector Ptnrs has invested 0.23% of its portfolio in Noodles & Co (NASDAQ:NDLS). D Scott Neal Incorporated holds 350 shares or 0% of its portfolio. Moreover, Summit Secs Gru Ltd Limited Liability Company has 0.03% invested in Noodles & Co (NASDAQ:NDLS) for 18,239 shares. Moreover, Hightower Ltd Liability Corporation has 0% invested in Noodles & Co (NASDAQ:NDLS) for 15,890 shares. Spark Mngmt Limited Co has 0.01% invested in the company for 19,700 shares. California State Teachers Retirement Systems holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 23,061 shares.
Blackrock, a New York-based fund reported 1,967 shares. Netols Asset Management has 0.54% invested in the company for 509,350 shares. Blackrock Institutional Tru Na has 0% invested in the company for 430,524 shares. Manufacturers Life Insur Commerce The holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 785 shares. Kcg Hldgs accumulated 0% or 31,972 shares. Susquehanna Intll Group Llp, a Pennsylvania-based fund reported 33,787 shares. Tower Cap Limited Company (Trc) holds 0% or 290 shares in its portfolio. Sg Americas Securities Lc holds 0% or 21,132 shares in its portfolio. Great West Life Assurance Company Can owns 4,509 shares or 0% of their US portfolio. Prospector Ptnrs has invested 0.23% of its portfolio in Noodles & Co (NASDAQ:NDLS). D Scott Neal Incorporated holds 350 shares or 0% of its portfolio. Moreover, Summit Secs Gru Ltd Limited Liability Company has 0.03% invested in Noodles & Co (NASDAQ:NDLS) for 18,239 shares. Moreover, Hightower Ltd Liability Corporation has 0% invested in Noodles & Co (NASDAQ:NDLS) for 15,890 shares. Spark Mngmt Limited Co has 0.01% invested in the company for 19,700 shares. California State Teachers Retirement Systems holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 23,061 shares.
More recent Noodles & Co (NASDAQ:NDLS) news were published by: Nydailynews.com which released: “Virginia police officer refused service at Noodles & Co.; 2 fired” on July 27, 2016. Also Seekingalpha.com published the news titled: “Zoe’s Kitchen Could Be The Next Noodles & Co.” on November 26, 2016. Seekingalpha.com‘s news article titled: “Noodles & Co.: Accelerating Traffic Decline Will Produce More Downside” with publication date: November 07, 2016 was also an interesting one.
NDLS Company Profile
Noodles & Company, incorporated on December 19, 2002, 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 Firm has approximately 490 restaurants, including over 420 Company-owned and 70 franchised locations, across over 40 states, the District of Columbia and one Canadian province.
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