Media stories about Noodles & Co (NASDAQ:NDLS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Noodles & Co earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 45.7804010715208 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of equities analysts recently weighed in on NDLS shares. Zacks Investment Research lowered Noodles & Co from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. SunTrust Banks reiterated a “hold” rating and issued a $6.00 price target on shares of Noodles & Co in a research report on Wednesday, January 3rd. BidaskClub lowered Noodles & Co from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 18th. Finally, Citigroup increased their price target on Noodles & Co from $5.00 to $6.00 and gave the company a “buy” rating in a research report on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $5.00.
Shares of Noodles & Co (NASDAQ NDLS) traded up $0.02 during midday trading on Wednesday, reaching $6.42. The company’s stock had a trading volume of 9,746 shares, compared to its average volume of 70,769. Noodles & Co has a 12-month low of $3.35 and a 12-month high of $7.40. The firm has a market cap of $269.26, a price-to-earnings ratio of -2.11, a PEG ratio of 8.99 and a beta of -0.32. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.57 and a quick ratio of 0.31.
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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