Stock To Watch: Noodles & Company (NASDAQ:NDLS)


The leading market experts have placed a mean price target of $8.04 on Noodles & Company (NASDAQ:NDLS) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.01 a share for the upcoming quarter and $-0.10 for the current fiscal.

Technical View

The technical analysis of Noodles & Company plainly substantiates that the 50-day moving average of Noodles & Company is $7.75, and stock is trading $-1.25 points away or -16.12% from its 50-day moving average of $7.75. Further it is trading $-3.65 or -35.97% away its 200-day moving average of $10.15. Noodles & Company (NASDAQ:NDLS) 52-week high is $14.95 and the 52-week low is $6.48.

This explains if the stock moves $-8.45, it will post a 52-week high. In event of +0.31% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Noodles & Company, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Noodles & Company (NASDAQ:NDLS) ratio came in at N/A.

The stock last ended the trading session at $6.50 and registered a market cap of $181.00M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Noodles & Company (NASDAQ:NDLS) PEG ratio is at -5.49.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 29 times, 1 visits today)