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

Noodles & Company (NASDAQ:NDLS) is expected to be issuing 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. Investors interested in registering for the company’s conference call can do so using this link.

Noodles & Company Trading Down 0.8 %

NDLS opened at $1.31 on Wednesday. Noodles & Company has a one year low of $0.55 and a one year high of $2.55. The business has a 50 day simple moving average of $1.17 and a two-hundred day simple moving average of $1.11. The company has a debt-to-equity ratio of 23.66, a current ratio of 0.31 and a quick ratio of 0.17. The firm has a market capitalization of $59.84 million, a price-to-earnings ratio of -1.79 and a beta of 1.77.

Analyst Upgrades and Downgrades

NDLS has been the topic of several research analyst reports. Truist Financial lowered their target price on shares of 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 raised shares of Noodles & Company from a “sell” rating to a “hold” rating in a report on Tuesday.

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.