In last trading session, Noodles & Company (NASDAQ:NDLS) saw 0.43 million shares changing hands with its beta currently measuring 1.62. Company’s recent per share price level of $0.64 trading at -$0.09 or -12.35% at ring of the bell on the day assigns it a market valuation of $29.19M. That closing price of NDLS’s stock is at a discount of -384.38% from its 52-week high price of $3.10 and is indicating a premium of 14.06% from its 52-week low price of $0.55. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.37 million shares which gives us an average trading volume of 228.05K if we extend that period to 3-months.
For Noodles & Company (NDLS), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Noodles & Company (NASDAQ:NDLS) trade information
Upright in the red during last session for losing -12.35%, in the last five days NDLS remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $0.64 price level, adding 16.42% to its value on the day. Noodles & Company’s shares saw a change of 10.40% in year-to-date performance and have moved 10.40% in past 5-day. Noodles & Company (NASDAQ:NDLS) showed a performance of 1.75% in past 30-days. Number of shares sold short was 0.76 million shares which calculate 3.9 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 89.33% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -681.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -681.25% for stock’s current value.
Noodles & Company (NDLS) estimates and forecasts
Statistics highlight that Noodles & Company is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -59.04% of value to its shares in past 6 months, showing an annual growth rate of -318.18% while that of industry is 1.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2025.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1.51% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -312.12% while estimates for its earnings growth in next 5 years are of 10.00%.
Noodles & Company (NASDAQ:NDLS)’s Major holders
Insiders are in possession of 6.12% of company’s total shares while institution are holding 64.22 percent of that, with stock having share float percentage of 68.41%. Investors also watch the number of corporate investors in a company very closely, which is 64.22% institutions for Noodles & Company that are currently holding shares of the company. MILL ROAD CAPITAL MANAGEMENT LLC is the top institutional holder at NDLS for having 6.97 million shares of worth $11.01 million. And as of 2024-06-30, it was holding 15.4512 of the company’s outstanding shares.
The second largest institutional holder is NANTAHALA CAPITAL MANAGEMENT, LLC, which was holding about 4.31 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.5572 of outstanding shares, having a total worth of $6.81 million.
