Truist Financial Cuts Noodles Company Price Target to 3.00

NDLS Stock  USD 0.83  0.04  4.60%   
Slightly above 62% of all Noodles' private investors are looking to take a long position. The analysis of the overall prospects from investing in Noodles Company suggests that some traders are, at the present time, interested. Noodles' investing sentiment can be driven by a variety of factors including economic data, Noodles' earnings reports, geopolitical events, and overall market trends.
Noodles Company had its target price decreased by Truist Financial from 4.00 to 3.00 in a report issued on Friday morning,Benzinga reports. Truist Financial currently has a buy rating on the restaurant operators stock. Separately, StockNews.com raised shares of Noodles Company from a sell rating to a hold rating

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Noodles Company Current Investor Sentiment

Comfort Level 62

 Interested

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Noodles' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Noodles Company.

Noodles Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Noodles can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Noodles Company Historical Investor Sentiment

Investor biases related to Noodles' public news can be used to forecast risks associated with an investment in Noodles. The trend in average sentiment can be used to explain how an investor holding Noodles can time the market purely based on public headlines and social activities around Noodles Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Noodles' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Noodles and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Noodles news discussions. The higher the estimate score, the more favorable the investor's outlook on Noodles.

Noodles Fundamental Analysis

We analyze Noodles' 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 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.

Target Price

Target Price Comparative Analysis

Noodles is currently under evaluation in target price category among its peers.

Noodles Company Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Noodles stock to make a market-neutral strategy. Peer analysis of Noodles could also be used in its relative valuation, which is a method of valuing Noodles by comparing valuation metrics with similar companies.

Peers

Noodles Related Equities

BLMNBloomin Brands   4.02   
0%
56.0%
BJRIBJs Restaurants   2.85   
0%
40.0%
FATBBFAT Brands   1.42   
0%
20.0%
CNNECannae Holdings   0.62   
0%
8.0%
PBPBPotbelly   0.59   
0%
8.0%
NATHNathans Famous   0.20   
2.0%
0%
LOCOEl Pollo   0.21   
2.0%
0%
JACKJack In   1.53   
21.0%
0%
EATBrinker International   1.54   
21.0%
0%
GTIMGood Times   1.78   
25.0%
0%
DENNDennys Corp   1.80   
25.0%
0%
STKSOne Group   7.06   
100.0%
0%

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.