Noodles & Company (NDLS) Offers Investors A Rare Opportunity

Noodles & Company’s stock (NASDAQ:NDLS) has been rated as Buy by Maxim Group. This latest rating was contained in a recent research note published by the firm on February 14, 2020 and has set a $12 price target for the stock. Some experts on Wall Street have also posted a report on Noodles & Company (NDLS) stock.

Jefferies rated the stock as a Buy in a research noted published on February 22, 2019. RBC Capital Mkts rated the stock as a Outperform in a research note published on December 03, 2018.

As it stands, a total of 6 analysts are covering NDLS stock, with 3 of them rating it as a Buy while 1 of them rating it as Overweight. 2 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that Noodles & Company (NDLS) stock has an average rating of Overweight.

Noodles & Company (NDLS) which is currently valued at 181.39 million. In recent quarter, the company recorded a revenue of 111.06 million, which was lower than the forecast of 114.7 million made by some analysts. For that same quarter, Noodles & Company (NDLS) posted -$0.03 earnings per share (EPS) which was above the analyst consensus estimate of -$0.05 by $0.02, which represents an increase by 40.00%.

The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, NDLS price has surged by 33.16%. A look at its price performance over the past three months sees the stock go down by -16.21%, while it has gain 5.24% over the past six months and -20.43% since the start of the year.

Let us now look at some of its likely support and resistance level. Recent research on Noodles & Company (NDLS) has seen its stock trading -42.38% below its three-month high price. A look at the other side also sees stock trading +66.24% above its three-month low. A wider look sees NDLS trading -42.38% below its 52-week high and 66.24% above from its 52-week low price.

Shareholders of the company sometimes like to find out how their investments are growing. Noodles & Company (NDLS) has so far given an ROE of 3.40%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. Noodles & Company (NDLS)’s ROA at the moment stands at 0.40%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.

Noodles & Company (NDLS) has a return on investment (ROI) of 5.00%. The higher the ROI percentage, the higher the profit exceeds the costs, thus analysts consider such investments as an overall gain. A negative ROI, however, means that the cost is higher than the profits, a scenario analysts consider as a net loss.

Let us now take a look at Noodles & Company (NDLS)’s trading volatility. Its 7-day volatility is around 16.49%, while it has a monthly volatility of 16.29%. NDLS has an ATR (Average True Range) of 0.74 and a beta factor of 0.72. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.

The price of NDLS lifted by $0.09 during the normal trading session on Tuesday to trade at $5.22. The Noodles & Company (NDLS) stock has a trading volume of 374391.0 shares, which is low, compared to its average daily volume of 498.66K shares.