Noodles & Company (NASDAQ:NDLS) Posts Quarterly Earnings Results

Noodles & Company (NASDAQ:NDLS) issued its earnings results on Thursday. The restaurant operator reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.02), Zacks reports. The company had revenue of $121.77 million for the quarter, compared to analysts’ expectations of $123.43 million. Noodles & Company had a negative return on equity of 108.23% and a negative net margin of 6.59%. During the same quarter in the previous year, the firm posted ($0.07) earnings per share. Noodles & Company updated its FY 2025 guidance to EPS.

Noodles & Company Price Performance

Noodles & Company stock opened at $1.42 on Friday. Noodles & Company has a 52 week low of $0.55 and a 52 week high of $2.36. The company has a quick ratio of 0.17, a current ratio of 0.31 and a debt-to-equity ratio of 23.66. The firm’s 50-day simple moving average is $1.21 and its 200 day simple moving average is $1.11. The firm has a market capitalization of $64.64 million, a PE ratio of -1.94 and a beta of 1.77.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Truist Financial decreased 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 report on Friday, November 8th. StockNews.com upgraded shares of Noodles & Company from a “sell” rating to a “hold” rating in a research 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.