TOday’s Movers: Noodles & Co (NASDAQ:NDLS) Stock Rating Reaffirmed at Jefferies; $4.5 Target Price Indicates 2.27 % Potential

September 17, 2017 - By Louis Casey

 TOday’s Movers: Noodles & Co (NASDAQ:NDLS) Stock Rating Reaffirmed at Jefferies; $4.5 Target Price Indicates 2.27 % Potential

Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.28, from 0.78 in 2016Q3. It is positive, as 12 investors sold Noodles & Co shares while 19 reduced holdings. 10 funds opened positions while 23 raised stakes. 22.07 million shares or 1.00% less from 22.29 million shares in 2016Q3 were reported.

Geode Capital Ltd has invested 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). Capstone holds 0.05% in Noodles & Co (NASDAQ:NDLS) or 25,000 shares. 26,727 are owned by Goldman Sachs. State Street Corp has invested 0% in Noodles & Co (NASDAQ:NDLS). Art Advsr Limited Liability Com holds 0% or 13,833 shares in its portfolio. 785 are held by Manufacturers Life Insurance The. Meeder Asset Mngmt has 0% invested in Noodles & Co (NASDAQ:NDLS). Catterton Ltd Company reported 6.83M shares. Susquehanna Group Incorporated Limited Liability Partnership holds 70,075 shares or 0% of its portfolio. Spark Inv Mgmt Ltd Liability Com, a New York-based fund reported 136,000 shares. Savings Bank Of New York Mellon, New York-based fund reported 57,513 shares. Prescott Grp Capital Lc holds 0.08% or 93,194 shares. State Common Retirement Fund has 0% invested in Noodles & Co (NASDAQ:NDLS) for 11,500 shares. American Gru stated it has 6,350 shares or 0% of all its holdings. Tower Rech Cap Limited Liability Corp (Trc) invested in 4,220 shares.

Since June 15, 2017, it had 1 buying transaction, and 0 selling transactions for $255,408 activity.

Noodles & Co (NASDAQ:NDLS) Rating Reaffirmed

The broker has just set a TP of $4.5 on Noodles & Co (NASDAQ:NDLS) shares. This is 2.27 % from the previous stock close. In analysts note revealed to clients on 11 September, Jefferies reaffirmed their Hold rating on shares of NDLS.

Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.28, from 0.78 in 2016Q3. It is positive, as 12 investors sold Noodles & Co shares while 19 reduced holdings. 10 funds opened positions while 23 raised stakes. 22.07 million shares or 1.00% less from 22.29 million shares in 2016Q3 were reported.

Geode Capital Ltd has invested 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). Capstone holds 0.05% in Noodles & Co (NASDAQ:NDLS) or 25,000 shares. 26,727 are owned by Goldman Sachs. State Street Corp has invested 0% in Noodles & Co (NASDAQ:NDLS). Art Advsr Limited Liability Com holds 0% or 13,833 shares in its portfolio. 785 are held by Manufacturers Life Insurance The. Meeder Asset Mngmt has 0% invested in Noodles & Co (NASDAQ:NDLS). Catterton Ltd Company reported 6.83M shares. Susquehanna Group Incorporated Limited Liability Partnership holds 70,075 shares or 0% of its portfolio. Spark Inv Mgmt Ltd Liability Com, a New York-based fund reported 136,000 shares. Savings Bank Of New York Mellon, New York-based fund reported 57,513 shares. Prescott Grp Capital Lc holds 0.08% or 93,194 shares. State Common Retirement Fund has 0% invested in Noodles & Co (NASDAQ:NDLS) for 11,500 shares. American Gru stated it has 6,350 shares or 0% of all its holdings. Tower Rech Cap Limited Liability Corp (Trc) invested in 4,220 shares.

Since June 15, 2017, it had 1 buying transaction, and 0 selling transactions for $255,408 activity.

Noodles & Co (NASDAQ:NDLS) Ratings Coverage

Among 10 analysts covering Noodles & Co (NASDAQ:NDLS), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. Noodles & Co has $18 highest and $400 lowest target. $7.89’s average target is 79.32% above currents $4.4 stock price. Noodles & Co had 30 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained Noodles & Co (NASDAQ:NDLS) rating on Friday, August 4. Jefferies has “Hold” rating and $5.5000 target. Wedbush maintained the stock with “Hold” rating in Friday, August 11 report. The rating was maintained by RBC Capital Markets on Friday, November 6 with “Sector Perform”. The rating was downgraded by UBS on Friday, January 6 to “Sell”. The rating was maintained by Citigroup with “Buy” on Wednesday, October 5. Jefferies maintained it with “Hold” rating and $5.5000 target in Tuesday, June 20 report. The firm has “Hold” rating given on Thursday, August 10 by BMO Capital Markets. Jefferies maintained the stock with “Hold” rating in Thursday, August 10 report. The firm has “Buy” rating given on Wednesday, November 25 by Citigroup. On Thursday, October 8 the stock rating was initiated by Suntrust Robinson with “Neutral”.

The stock decreased 6.38% or $0.3 on September 15, reaching $4.4. About 241,778 shares traded or 94.66% up from the average. Noodles & Co (NASDAQ:NDLS) has declined 49.79% since September 17, 2016 and is downtrending. It has underperformed by 66.49% the S&P500.

Wall Street await Noodles & Co (NASDAQ:NDLS) to release earnings on November, 2. Analysts forecast EPS of $0.02, up exactly $0.06 or 150.00 % from 2014’s $-0.04 EPS. The expected NDLS’s profit could reach $822,227 giving the stock 55.00 P/E in the case that $0.02 earnings per share is reported. After posting $0.01 EPS for the previous quarter, Noodles & Co’s analysts now forecast 100.00 % EPS growth.

Noodles & Company develops and operates fast casual restaurants. The company has market cap of $180.89 million. The Company’s menu includes a range of cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches and appetizers. It currently has negative earnings. The Firm has approximately 490 restaurants, including 420 Company-owned and 70 franchised locations, across 40 states, the District of Columbia and one Canadian province.

More important recent Noodles & Co (NASDAQ:NDLS) news were published by: Globenewswire.com which released: “Brad West Named Executive Vice President – Operations at Noodles & Company” on September 06, 2017, also Seekingalpha.com published article titled: “Noodles: Don’t Go Near It”, Businessinsider.com published: “Noodles & Co. is pivoting from its signature dish after carb-fearing customers …” on August 09, 2017. More interesting news about Noodles & Co (NASDAQ:NDLS) was released by: Globenewswire.com and their article: “Noodles & Company Continues Fight Against Childhood Hunger, Invites Guests to …” with publication date: August 31, 2017.

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