Noodles & Co (NDLS)

• Market cap: $75.4M
• 1 day: 0.61%
• 5 days: 16.20%
• 1 month: 142.50%
• 3 months: 44.74%
• 6 months: 1.85%
• Year to date: 180.76%
• 1 year: -31.25%
• 5 years: -77.94%
• 10 years: -93.48%
• 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

14.68% less ownership

Funds ownership: 61.82% [Q2] → 47.15% (-14.68%) [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: 23

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 82% upside
• Avg. target: $3 82% upside
• High target: $3 82% upside

1 analyst rating

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

Truist Securities Jake Bartlett 53% 1-year accuracy 37 / 70 met price target

82% upside $3

Buy Maintained

8 Nov 2024