Noodles & Co (NDLS)

• Market cap: $32.9M
• 1 day: 5.88%
• 5 days: 3.90%
• 1 month: 0.42%
• 3 months: -40.00%
• 6 months: -65.05%
• Year to date: -76.85%
• 1 year: -75.76%
• 5 years: -87.03%
• 10 years: -97.19%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.

Employees: 7,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,700% more call options, than puts

Call options by funds: $18K | Put options by funds: $1K

14.7% less ownership

Funds ownership: 61.8% [Q2] → 47.1% (-14.7%) [Q3]

26% less funds holding

Funds holding: 76 [Q2] → 56 (-20) [Q3]

42% less capital invested

Capital invested by funds: $44.3M [Q2] → $25.8M (-$18.5M) [Q3]

62% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 21

83% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 24

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 317% upside
• Avg. target: $3 317% upside
• High target: $3 317% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Truist Securities Jake Bartlett 52% 1-year accuracy 36 / 69 met price target

317% upside $3

Buy Maintained

8 Nov 2024