A new trading day began on Friday, with Noodles & Company (NASDAQ: NDLS) stock price down -7.78% from the previous day of trading, before settling in for the closing price of $0.71. NDLS’s price has ranged from $0.55 to $1.74 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -16.67%. With a float of $32.33 million, this company’s outstanding shares have now reached $46.43 million.
Let’s determine the extent of company efficiency that accounts for 7300 employees.
Noodles & Company (NDLS) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Restaurants Industry. The insider ownership of Noodles & Company is 30.39%, while institutional ownership is 32.87%.
Noodles & Company (NDLS) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.12 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.67% per share during the next fiscal year.
Noodles & Company (NASDAQ: NDLS) Trading Performance Indicators
Here are Noodles & Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of Noodles & Company (NDLS)
Looking closely at Noodles & Company (NASDAQ: NDLS), its last 5-days average volume was 0.79 million, which is a jump from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 11.66%.
During the past 100 days, Noodles & Company’s (NDLS) raw stochastic average was set at 14.54%, which indicates a significant increase from 7.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1251 in the past 14 days, which was higher than the 0.0730 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6751, while its 200-day Moving Average is $0.9383. However, in the short run, Noodles & Company’s stock first resistance to watch stands at $0.7017. Second resistance stands at $0.7516. The third major resistance level sits at $0.7872. If the price goes on to break the first support level at $0.6162, it is likely to go to the next support level at $0.5806. Now, if the price goes above the second support level, the third support stands at $0.5307.
Noodles & Company (NASDAQ: NDLS) Key Stats
With a market capitalization of 30.27 million, the company has a total of 46,442K Shares Outstanding. Currently, annual sales are 493,270 K while annual income is -36,210 K. The company’s previous quarter sales were 126,430 K while its latest quarter income was -17,550 K.
