Noodles & Company (NASDAQ:NDLS) Issues Quarterly Earnings Results, Misses Expectations By $0.02 EPS

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

Noodles & Company Stock Performance

Shares of NDLS opened at $1.42 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.17 and a debt-to-equity ratio of 23.66. The firm has a market cap of $64.64 million, a PE ratio of -1.94 and a beta of 1.77. The company’s 50 day simple moving average is $1.21 and its 200-day simple moving average is $1.11. Noodles & Company has a 12-month low of $0.55 and a 12-month high of $2.36.

Analysts Set New Price Targets

NDLS has been the topic of several recent analyst reports. StockNews.com upgraded shares of Noodles & Company from a “sell” rating to a “hold” rating in a research note on Tuesday. Truist Financial dropped their price target on shares of Noodles & Company from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Friday, November 8th.

About Noodles & Company

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.