Noodles & Company (NDLS) Projected to Post Earnings on Thursday

Noodles & Company (NASDAQ:NDLS) is projected to announce its earnings results 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 that wish to listen to the company’s conference call can do so using this link.

Noodles & Company Price Performance

Shares of Noodles & Company stock opened at $1.48 on Thursday. The company has a debt-to-equity ratio of 23.66, a current ratio of 0.31 and a quick ratio of 0.17. Noodles & Company has a one year low of $0.55 and a one year high of $2.60. The business’s 50 day simple moving average is $1.09 and its two-hundred day simple moving average is $1.12. The stock has a market capitalization of $67.60 million, a P/E ratio of -2.03 and a beta of 1.76.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. StockNews.com cut shares of Noodles & Company from a “hold” rating to a “sell” rating in a research report on Friday, January 24th. Truist Financial reduced their target price on Noodles & Company from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Friday, November 8th.

Noodles & Company Company Profile

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.