Reaffirmed: Noodles & Co (NASDAQ:NDLS) Hold Rating Maintained by Analysts at Jefferies; $4.5 Target in Place

September 17, 2017 - By reb123z

 Reaffirmed: Noodles & Co (NASDAQ:NDLS) Hold Rating Maintained by Analysts at Jefferies; $4.5 Target in Place

Investors sentiment increased to 1.06 in Q4 2016. Its up 0.28, from 0.78 in 2016Q3. It is positive, as 12 investors sold Noodles & Co shares while 19 reduced holdings. 10 funds opened positions while 23 raised stakes. 22.07 million shares or 1.00% less from 22.29 million shares in 2016Q3 were reported.

Moreover, Blackrock Invest Limited Liability Corporation has 0% invested in Noodles & Co (NASDAQ:NDLS). Schwab Charles Invest Management Inc owns 17,398 shares or 0% of their US portfolio. Natl Bank Of Ny Mellon owns 57,513 shares or 0% of their US portfolio. American Int Group owns 0% invested in Noodles & Co (NASDAQ:NDLS) for 6,350 shares. 15,890 are held by Hightower Advsr Ltd. State Street Corp has 0% invested in Noodles & Co (NASDAQ:NDLS). Glob Thematic Ptnrs Limited Com has 0% invested in Noodles & Co (NASDAQ:NDLS) for 17,142 shares. Citigroup Inc stated it has 1,308 shares or 0% of all its holdings. State Common Retirement Fund stated it has 11,500 shares or 0% of all its holdings. One Trading Limited Partnership reported 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). 138 were accumulated by Bnp Paribas Arbitrage. California State Teachers Retirement Sys stated it has 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). Jpmorgan Chase holds 16,699 shares. Millennium Limited Liability Com owns 23,018 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake.

Since June 15, 2017, it had 1 insider buy, and 0 sales for $255,408 activity.

Noodles & Co (NASDAQ:NDLS) Rating Reaffirmed

Recently, In a report sent to clients and investors on Monday morning, Noodles & Co (NASDAQ:NDLS) shares have had their Hold Rating reaffirmed by equity analysts at Jefferies, who currently has a $4.5 target price on company. This target by Jefferies would indicate the possibile upside of 2.27 % from the current stock price.

Investors sentiment increased to 1.06 in Q4 2016. Its up 0.28, from 0.78 in 2016Q3. It is positive, as 12 investors sold Noodles & Co shares while 19 reduced holdings. 10 funds opened positions while 23 raised stakes. 22.07 million shares or 1.00% less from 22.29 million shares in 2016Q3 were reported.

Moreover, Blackrock Invest Limited Liability Corporation has 0% invested in Noodles & Co (NASDAQ:NDLS). Schwab Charles Invest Management Inc owns 17,398 shares or 0% of their US portfolio. Natl Bank Of Ny Mellon owns 57,513 shares or 0% of their US portfolio. American Int Group owns 0% invested in Noodles & Co (NASDAQ:NDLS) for 6,350 shares. 15,890 are held by Hightower Advsr Ltd. State Street Corp has 0% invested in Noodles & Co (NASDAQ:NDLS). Glob Thematic Ptnrs Limited Com has 0% invested in Noodles & Co (NASDAQ:NDLS) for 17,142 shares. Citigroup Inc stated it has 1,308 shares or 0% of all its holdings. State Common Retirement Fund stated it has 11,500 shares or 0% of all its holdings. One Trading Limited Partnership reported 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). 138 were accumulated by Bnp Paribas Arbitrage. California State Teachers Retirement Sys stated it has 0% of its portfolio in Noodles & Co (NASDAQ:NDLS). Jpmorgan Chase holds 16,699 shares. Millennium Limited Liability Com owns 23,018 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake.

Since June 15, 2017, it had 1 insider buy, and 0 sales for $255,408 activity.

Noodles & Co (NASDAQ:NDLS) Ratings Coverage

Among 10 analysts covering Noodles & Co (NASDAQ:NDLS), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. Noodles & Co has $18 highest and $400 lowest target. $7.89’s average target is 79.32% above currents $4.4 stock price. Noodles & Co had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Friday, August 5 with “Neutral”. As per Friday, August 11, the company rating was maintained by RBC Capital Markets. Jefferies maintained the shares of NDLS in report on Tuesday, June 20 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, November 6. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The company was maintained on Thursday, June 22 by BMO Capital Markets. BMO Capital Markets maintained Noodles & Co (NASDAQ:NDLS) on Thursday, August 10 with “Hold” rating. The rating was maintained by Citigroup on Tuesday, March 15 with “Buy”. The rating was initiated by SunTrust with “Neutral” on Thursday, October 8. On Monday, August 10 the stock rating was downgraded by Zacks to “Buy”.

The stock decreased 6.38% or $0.3 on September 15, reaching $4.4. About 241,778 shares traded or 94.66% up from the average. Noodles & Co (NASDAQ:NDLS) has declined 49.79% since September 17, 2016 and is downtrending. It has underperformed by 66.49% the S&P500.

Investors wait Noodles & Co (NASDAQ:NDLS) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.02 EPS, up $0.06 or 150.00 % from last year’s $-0.04 same quarter earnings. This translates into $822,227 profit for NDLS giving the stock a 55.00 P/E. This is assuming the current $0.02 EPS is accurate. Noodles & Co’s Wall Street analysts see 100.00 % EPS growth, taking into account the $0.01 EPS reproted in the previous quarter,

Noodles & Company develops and operates fast casual restaurants. The company has market cap of $180.89 million. The Company’s menu includes a range of cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches and appetizers. It currently has negative earnings. The Firm has approximately 490 restaurants, including 420 Company-owned and 70 franchised locations, across 40 states, the District of Columbia and one Canadian province.

More important recent Noodles & Co (NASDAQ:NDLS) news were published by: Seekingalpha.com which released: “Noodles: Don’t Go Near It” on September 01, 2017, also Globenewswire.com published article titled: “Brad West Named Executive Vice President – Operations at Noodles & Company”, Globenewswire.com published: “Noodles & Company Continues Fight Against Childhood Hunger, Invites Guests to …” on August 31, 2017. More interesting news about Noodles & Co (NASDAQ:NDLS) was released by: Businessinsider.com and their article: “Noodles & Co. is pivoting from its signature dish after carb-fearing customers …” with publication date: August 09, 2017.

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