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

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

Noodles & Company Stock Down 0.8 %

NDLS stock opened at $1.31 on Wednesday. Noodles & Company has a twelve month low of $0.55 and a twelve month high of $2.55. 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 moving average is $1.17 and its 200-day moving average is $1.11. The firm has a market capitalization of $59.84 million, a PE ratio of -1.79 and a beta of 1.77.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on NDLS shares. StockNews.com upgraded Noodles & Company from a “sell” rating to a “hold” rating in a report on Tuesday. Truist Financial dropped their price target 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.