Noodles Third Quarter 2024 Earnings Misses Expectations

NDLS Stock  USD 0.75  0.04  5.96%   
Slightly above 76 percent of all Noodles' private investors are aggressively thinking of buying. The analysis of the overall prospects from investing in Noodles Company suggests that a fairly large number of traders are, at the present time, excited. Noodles' investing sentiment can be driven by a variety of factors including economic data, Noodles' earnings reports, geopolitical events, and overall market trends.
  
Noodles Third Quarter 2024 Results Key Financial Results Revenue US122.8m down 4.0 percent from 3Q 2023...

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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 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

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CMGChipotle Mexican   3.38   
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LPGDorian LPG   2.10   
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FORMFormFactor   1.35   
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CNKCinemark Holdings   1.18   
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GFIGold Fields   1.13   
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ASYSAmtech Systems   0.70   
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11.0%
AGZNFAegean Airlines   0.00   
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MRKMerck   0.68   
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EHGOEshallgo   6.25   
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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.