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

Noodles & Company (NASDAQ:NDLS) is expected to be posting its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect Noodles & Company to post earnings of ($0.14) per share and revenue of $123.43 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Noodles & Company Price Performance

NASDAQ:NDLS opened at $1.48 on Thursday. The business has a 50 day simple moving average of $1.09 and a 200-day simple moving average of $1.12. The firm has a market capitalization of $67.60 million, a price-to-earnings ratio of -2.03 and a beta of 1.76. 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 1 year low of $0.55 and a 1 year high of $2.60.

Analyst Upgrades and Downgrades

NDLS has been the topic of a number of recent research reports. StockNews.com downgraded Noodles & Company from a “hold” rating to a “sell” rating in a research report on Friday, January 24th. Truist Financial reduced their price target on Noodles & Company from $4.00 to $3.00 and set a “buy” rating for the company in a research 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.