Breaking: Jefferies Maintains $4.5 PT On Noodles & Co (NASDAQ:NDLS) Shares, Maintains Their Original “Hold” Rating

September 17, 2017 - By Stephen Andrade

 Breaking: Jefferies Maintains $4.5 PT On Noodles & Co (NASDAQ:NDLS) Shares, Maintains Their Original

Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.28, from 0.78 in 2016Q3. It improved, 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.

Legal & General Public Limited Co owns 0% invested in Noodles & Co (NASDAQ:NDLS) for 2,782 shares. Meeder Asset Management Inc owns 2,064 shares. Capstone reported 25,000 shares stake. Royal Bancorp Of Canada holds 0% in Noodles & Co (NASDAQ:NDLS) or 963 shares. 17,398 were accumulated by Schwab Charles Inv Inc. Hightower Advsr Limited has invested 0% in Noodles & Co (NASDAQ:NDLS). Global Thematic Partners Limited Liability Corp holds 17,142 shares or 0% of its portfolio. Blackrock Institutional Na holds 0% or 413,943 shares. The New York-based Tiaa Cref Inv Ltd Liability Corporation has invested 0% in Noodles & Co (NASDAQ:NDLS). Goldman Sachs owns 26,727 shares. New York State Common Retirement Fund holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 11,500 shares. Wells Fargo And Mn holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 7,509 shares. Citadel Advsrs Ltd Limited Liability Company reported 17,947 shares or 0% of all its holdings. Fifth Third State Bank has 0% invested in Noodles & Co (NASDAQ:NDLS) for 82 shares. 2,472 are owned by Us Natl Bank De.

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

Noodles & Co (NASDAQ:NDLS) Rating Reaffirmed

Jefferies now has a $4.5 target price per share on the $180.89 million market cap company or 2.27 % upside potential. In analysts report revealed to clients on Monday, 11 September, Noodles & Co (NASDAQ:NDLS) shares have had their “Hold” Rating reaffirmed by research analysts at Jefferies.

Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.28, from 0.78 in 2016Q3. It improved, 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.

Legal & General Public Limited Co owns 0% invested in Noodles & Co (NASDAQ:NDLS) for 2,782 shares. Meeder Asset Management Inc owns 2,064 shares. Capstone reported 25,000 shares stake. Royal Bancorp Of Canada holds 0% in Noodles & Co (NASDAQ:NDLS) or 963 shares. 17,398 were accumulated by Schwab Charles Inv Inc. Hightower Advsr Limited has invested 0% in Noodles & Co (NASDAQ:NDLS). Global Thematic Partners Limited Liability Corp holds 17,142 shares or 0% of its portfolio. Blackrock Institutional Na holds 0% or 413,943 shares. The New York-based Tiaa Cref Inv Ltd Liability Corporation has invested 0% in Noodles & Co (NASDAQ:NDLS). Goldman Sachs owns 26,727 shares. New York State Common Retirement Fund holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 11,500 shares. Wells Fargo And Mn holds 0% of its portfolio in Noodles & Co (NASDAQ:NDLS) for 7,509 shares. Citadel Advsrs Ltd Limited Liability Company reported 17,947 shares or 0% of all its holdings. Fifth Third State Bank has 0% invested in Noodles & Co (NASDAQ:NDLS) for 82 shares. 2,472 are owned by Us Natl Bank De.

Since June 15, 2017, it had 1 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 firm earned “Sector Perform” rating on Friday, November 6 by RBC Capital Markets. As per Friday, January 6, the company rating was downgraded by UBS. The rating was initiated by Citigroup with “Buy” on Wednesday, November 25. As per Friday, August 5, the company rating was maintained by Wedbush. Wedbush maintained the stock with “Hold” rating in Friday, August 11 report. The firm earned “Neutral” rating on Thursday, October 8 by SunTrust. As per Tuesday, March 15, the company rating was maintained by Citigroup. The firm earned “Neutral” rating on Friday, August 7 by Piper Jaffray. The rating was downgraded by BMO Capital Markets on Tuesday, July 26 to “Market Perform”. Jefferies maintained Noodles & Co (NASDAQ:NDLS) on Thursday, August 10 with “Hold” rating.

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.

Wall Street await Noodles & Co (NASDAQ:NDLS) to release earnings on November, 2. Analysts forecast earnings per share of $0.02, up exactly $0.06 or 150.00 % from 2014’s $-0.04 EPS. The expected NDLS’s profit could reach $822,227 giving the stock 55.00 P/E in the case that $0.02 earnings per share is reported. After posting $0.01 EPS for the previous quarter, Noodles & Co’s analysts now forecast 100.00 % EPS growth.

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

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