Noodles Co. Q3 Earnings Snapshot
| NDLS Stock | USD 0.69 0.06 8.00% |
Slightly above 60% 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 |
BROOMFIELD, Colo. AP Noodles Co. on Wednesday reported a loss of 6.8 million in its third quarter. The Broomfield, Colorado-based company said it had a loss of 15 cents per share.
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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.
Return On Asset
Return On Asset Comparative Analysis
Noodles is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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
| BLMN | Bloomin Brands | 7.35 | ||||
| DENN | Dennys Corp | 6.40 | ||||
| BJRI | BJs Restaurants | 5.29 | ||||
| EAT | Brinker International | 4.27 | ||||
| LOCO | El Pollo | 3.74 | ||||
| STKS | One Group | 2.92 | ||||
| PBPB | Potbelly | 2.92 | ||||
| CNNE | Cannae Holdings | 2.79 | ||||
| GTIM | Good Times | 1.14 | ||||
| JACK | Jack In | 0.95 | ||||
| NATH | Nathans Famous | 0.64 | ||||
| FATBB | FAT Brands | 3.91 |
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.