Noodles & Company (NDLS) to Release Quarterly Earnings on Thursday

Noodles & Company (NASDAQ:NDLS) is projected to issue its quarterly earnings data after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.14) per share and revenue of $123.43 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Noodles & Company Price Performance

Shares of NASDAQ NDLS opened at $1.32 on Tuesday. The firm has a market capitalization of $60.30 million, a P/E ratio of -1.81 and a beta of 1.77. The company has a quick ratio of 0.17, a current ratio of 0.31 and a debt-to-equity ratio of 23.66. The stock’s 50-day simple moving average is $1.15 and its two-hundred day simple moving average is $1.11. Noodles & Company has a twelve month low of $0.55 and a twelve month high of $2.55.

Analysts Set New Price Targets

NDLS has been the topic of a number of research analyst reports. Truist Financial decreased their target price on Noodles & Company from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. StockNews.com lowered Noodles & Company from a “hold” rating to a “sell” rating in a research note on Friday, January 24th.

About Noodles & Company

Noodles & Co engages in the business of development and operation of fast-casual restaurants that serve noodle and pasta dishes, soups, salads, and appetizers. The firm also offers pleasant dining, pick-up, and delivery experiences by quickly preparing fresh food with friendly service. The company was founded by Aaron Kennedy in 1995 and is headquartered in Broomfield, CO.