Noodles Company Stock Beta
| NDLS Stock | USD 0.69 0.06 8.00% |
Noodles Company fundamentals help investors to digest information that contributes to Noodles' financial success or failures. It also enables traders to predict the movement of Noodles Stock. The fundamental analysis module provides a way to measure Noodles' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Noodles stock.
Noodles | Beta |
Noodles Company Company Beta Analysis
Noodles' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Noodles Beta | 1.73 |
Most of Noodles' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Noodles Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Noodles Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Noodles is extremely important. It helps to project a fair market value of Noodles Stock properly, considering its historical fundamentals such as Beta. Since Noodles' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Noodles' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Noodles' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Noodles Company has a Beta of 1.731. This is 106.07% higher than that of the Hotels, Restaurants & Leisure sector and 94.49% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Noodles Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Noodles' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Noodles could also be used in its relative valuation, which is a method of valuing Noodles by comparing valuation metrics of similar companies.Noodles is currently under evaluation in beta category among its peers.
Noodles Institutional Holders
Institutional Holdings refers to the ownership stake in Noodles that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Noodles' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Noodles' value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 254.7 K | Jane Street Group Llc | 2024-06-30 | 174.9 K | Total Clarity Wealth Management, Inc | 2024-09-30 | 160.5 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 148.6 K | Amvescap Plc. | 2024-06-30 | 145.5 K | State Street Corp | 2024-06-30 | 138.8 K | Susquehanna International Group, Llp | 2024-06-30 | 134.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 125.5 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 106.8 K | Mill Road Capital Management Llc | 2024-09-30 | 7 M | Nantahala Capital Management, Llc | 2024-09-30 | 4.5 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Noodles will likely underperform.
Noodles Fundamentals
| Return On Equity | -1.8 | ||||
| Return On Asset | -0.0063 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 319.92 M | ||||
| Shares Outstanding | 45.68 M | ||||
| Shares Owned By Insiders | 10.81 % | ||||
| Shares Owned By Institutions | 64.60 % | ||||
| Number Of Shares Shorted | 499.08 K | ||||
| Price To Earning | 57.98 X | ||||
| Price To Book | 9.20 X | ||||
| Price To Sales | 0.07 X | ||||
| Revenue | 503.4 M | ||||
| Gross Profit | 80.17 M | ||||
| EBITDA | 21.76 M | ||||
| Net Income | (9.86 M) | ||||
| Cash And Equivalents | 1.79 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 300.41 M | ||||
| Debt To Equity | 7.43 % | ||||
| Current Ratio | 0.29 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | 27.5 M | ||||
| Short Ratio | 3.40 X | ||||
| Earnings Per Share | (0.71) X | ||||
| Price To Earnings To Growth | (28.21) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 7 K | ||||
| Beta | 1.73 | ||||
| Market Capitalization | 34.36 M | ||||
| Total Asset | 368.1 M | ||||
| Retained Earnings | (148.24 M) | ||||
| Working Capital | (44.89 M) | ||||
| Current Asset | 25.4 M | ||||
| Current Liabilities | 32.91 M | ||||
| Net Asset | 368.1 M |
About Noodles Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Noodles Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noodles using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Noodles Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Noodles Stock Analysis
When running Noodles' price analysis, check to measure Noodles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noodles is operating at the current time. Most of Noodles' value examination focuses on studying past and present price action to predict the probability of Noodles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noodles' price. Additionally, you may evaluate how the addition of Noodles to your portfolios can decrease your overall portfolio volatility.