Noodles Company Stock Today
| NDLS Stock | USD 1.40 0.01 0.71% |
Performance0 of 100
| Odds Of DistressLess than 40
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Noodles is selling for under 1.40 as of the 27th of April 2024; that is -0.71 percent down since the beginning of the trading day. The stock's lowest day price was 1.37. Noodles has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Noodles Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 28th of June 2013 | Category Consumer Cyclical | Classification Consumer Discretionary |
Noodles Company, a restaurant concept company, develops and operates fast-casual restaurants. Noodles Company was founded in 1995 and is based in Broomfield, Colorado. Noodles operates under Restaurants classification in the United States and is traded on NASDAQ Exchange. The company has 45.31 M outstanding shares of which 2.18 M shares are now shorted by private and institutional investors with about 6.53 trading days to cover. More on Noodles Company
Moving together with Noodles Stock
| 0.82 | WH | Wyndham Hotels Resorts | PairCorr |
Moving against Noodles Stock
| 0.86 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.85 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.83 | SG | Sweetgreen Buyout Trend | PairCorr |
| 0.69 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
| 0.66 | RRR | Red Rock Resorts Financial Report 2nd of May 2024 | PairCorr |
| 0.64 | XPOF | Xponential Fitness Financial Report 2nd of May 2024 | PairCorr |
| 0.6 | H | Hyatt Hotels Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Noodles Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Noodles' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Noodles or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Kevin Reddy | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Hotels (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Hotels, Consumer Discretionary, Hotels, Restaurants & Leisure, Restaurants, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Noodles report their recommendations after researching Noodles' financial statements, talking to executives and customers, or listening in on Noodles' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Noodles Company. The Noodles consensus assessment is calculated by taking the average forecast from all of the analysts covering Noodles. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Noodles' liquidity, profitability, solvency, and operating efficiency, Noodles Company is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Noodles Company is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Noodles' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Noodles' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Noodles' financial leverage. It provides some insight into what part of Noodles' total assets is financed by creditors.
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Noodles Company (NDLS) is traded on NASDAQ Exchange in USA. It is located in 520 Zang Street, Broomfield, CO, United States, 80021 and employs 7,600 people. Noodles is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Noodles's market, we take the total number of its shares issued and multiply it by Noodles's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Noodles Company conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 45.31 M outstanding shares of which 2.18 M shares are now shorted by private and institutional investors with about 6.53 trading days to cover.
Noodles Company currently holds about 1.79 M in cash with 27.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Noodles Probability Of Bankruptcy
Ownership AllocationNoodles Company maintains a total of 45.31 Million outstanding shares. The majority of Noodles outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Noodles Company to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Noodles Company. Please pay attention to any change in the institutional holdings of Noodles as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Noodles Ownership Details
Noodles Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Noodles jumping above the current price in 90 days from now is about 92.34%. The Noodles Company probability density function shows the probability of Noodles stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Noodles has a beta of 0.1401. This indicates as returns on the market go up, Noodles average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Noodles Company will be expected to be much smaller as well. Additionally, noodles Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Noodles to move above the current price in 90 days from now is about 92.34 (This Noodles Company probability density function shows the probability of Noodles Stock to fall within a particular range of prices over 90 days) .
Noodles Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Noodles that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Noodles' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Noodles' value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 674.5 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 420.6 K | |
| Punch & Associates Inv Mgmt Inc | 2023-12-31 | 398 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 358.2 K | |
| Northern Trust Corp | 2023-12-31 | 328.7 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 295.9 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 230.1 K | |
| Manatuck Hill Partners Llc | 2023-12-31 | 225 K | |
| Citadel Advisors Llc | 2023-09-30 | 180.6 K | |
| Nantahala Capital Management, Llc | 2023-12-31 | 7.5 M | |
| Mill Road Capital Management Llc | 2023-12-31 | 7 M |
Noodles Historical Income Statement
Noodles Company Income Statement is one of the three primary financial statements used for reporting Noodles's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Noodles Company revenue and expense. Noodles Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Noodles' Gross Profit is comparatively stable compared to the past year. Operating Income is likely to gain to about 5.9 M in 2024, whereas Interest Expense is likely to drop slightly above 3.5 M in 2024. View More FundamentalsNoodles Stock Against Markets
Picking the right benchmark for Noodles stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Noodles stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Noodles is critical whether you are bullish or bearish towards Noodles Company at a given time. Please also check how Noodles' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Noodles without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Noodles Corporate Directors
Noodles corporate directors refer to members of a Noodles board of directors. The board of directors generally takes responsibility for the Noodles' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Noodles' board members must vote for the resolution. The Noodles board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Francois Dufresne | Director | Profile | |
| James Rand | Director | Profile | |
| Dave Boennighausen | CFO and Director | Profile | |
| Johanna Murphy | Independent Director | Profile |
How to buy Noodles Stock?
Before investing in Noodles, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Noodles. To buy Noodles stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Noodles. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Noodles stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Noodles Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Noodles Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Noodles Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Noodles Stock please use our How to Invest in Noodles guide.
Already Invested in Noodles Company?
The danger of trading Noodles Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Noodles is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Noodles. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Noodles Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Noodles Company is a strong investment it is important to analyze Noodles' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Noodles' future performance. For an informed investment choice regarding Noodles Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noodles Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Noodles Stock analysis
When running Noodles' price analysis, check to measure Noodles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noodles is operating at the current time. Most of Noodles' value examination focuses on studying past and present price action to predict the probability of Noodles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noodles' price. Additionally, you may evaluate how the addition of Noodles to your portfolios can decrease your overall portfolio volatility.
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Is Noodles' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noodles. If investors know Noodles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noodles listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share (0.20) | Revenue Per Share 10.976 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0087 |
The market value of Noodles Company is measured differently than its book value, which is the value of Noodles that is recorded on the company's balance sheet. Investors also form their own opinion of Noodles' value that differs from its market value or its book value, called intrinsic value, which is Noodles' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noodles' market value can be influenced by many factors that don't directly affect Noodles' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noodles' value and its price as these two are different measures arrived at by different means. Investors typically determine if Noodles is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noodles' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.