NDLS - Noodles & Co Stock Price, Fair Value and News

2.09USD-0.02 (-0.95%)Market Closed

Market Summary

USD2.09-0.02

Market Closed

-0.95%

NDLS Stock Price

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NDLS RSI Chart

NDLS Valuation

Market Cap

94.8M

Price/Earnings (Trailing)

-7.36

Price/Sales (Trailing)

0.19

EV/EBITDA

8.31

Price/Free Cashflow

-4.12

NDLS Price/Sales (Trailing)

NDLS Profitability

EBT Margin

-2.55%

Return on Equity

-58.81%

Return on Assets

-3.57%

Free Cashflow Yield

-24.24%

NDLS Fundamentals

NDLS Revenue

Revenue (TTM)

498.7M

Rev. Growth (Yr)

-3.71%

Rev. Growth (Qtr)

-2.35%

NDLS Earnings

Earnings (TTM)

-12.9M

Earnings Growth (Yr)

-97.11%

Earnings Growth (Qtr)

-0.05%

Breaking Down NDLS Revenue

Last 7 days

1.0%

Last 30 days

67.2%

Last 90 days

-16.4%

Trailing 12 Months

-45.1%

How does NDLS drawdown profile look like?

NDLS Financial Health

Current Ratio

0.31

Debt/Equity

3.71

Debt/Cashflow

0.34

NDLS Investor Care

Buy Backs (1Y)

2.18%

Diluted EPS (TTM)

-0.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	498.7M	0	0	0
2023	523.0M	517.1M	515.6M	503.4M
2022	478.1M	483.6M	487.8M	509.5M
2021	402.9M	448.4M	467.5M	475.2M
2020	452.7M	412.7M	400.4M	393.7M
2019	457.4M	460.2M	461.7M	462.4M
2018	450.3M	454.9M	457.4M	457.8M
2017	490.2M	481.6M	473.1M	456.5M
2016	463.7M	469.8M	475.2M	487.5M
2015	446.9M	446.9M	446.9M	455.4M
2014	402.9M	418.7M	429.8M	446.9M
2013	320.0M	344.0M	373.1M	386.7M
2012	267.2M	278.2M	289.3M	300.4M
2011	0	0	0	256.1M
2010	0	0	0	220.8M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of Noodles & Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	kline corey	sold (taxes)	-6,460	1.8	-3,589	evp - technology
Mar 14, 2024	petersen sue	sold (taxes)	-6,460	1.8	-3,589	evp-inclusion, divers, people
Mar 14, 2024	heidman melissa	sold (taxes)	-17,722	1.8	-9,846	evp & general counsel
Mar 14, 2024	lockhart kathryn rae	sold (taxes)	-15,897	1.8	-8,832	chief accounting officer
Mar 14, 2024	heidman melissa	acquired	-	-	5,363	evp & general counsel
Mar 14, 2024	lockhart kathryn rae	acquired	-	-	3,830	chief accounting officer
Mar 14, 2024	petersen sue	acquired	-	-	1,915	evp-inclusion, divers, people
Mar 14, 2024	pool stacey	sold (taxes)	-20,014	1.8	-11,119	chief marketing officer
Mar 14, 2024	west thomas b	acquired	-	-	6,130	chief operating officer
Mar 14, 2024	pool stacey	acquired	-	-	6,130	chief marketing officer

Which funds bought or sold NDLS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	sold off	-100	-1,418	-	-%
May 16, 2024	JANE STREET GROUP, LLC	new	-	100,672	100,672	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-40.78	-13,341	7,474	-%
May 15, 2024	Engineers Gate Manager LP	sold off	-100	-43,936	-	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	sold off	-100	-445,942	-	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-12.24	-1,065,590	1,211,920	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-34.27	-414,685	274,765	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-13.77	-316,082	346,373	-%
May 15, 2024	Royal Bank of Canada	reduced	-84.29	-37,000	4,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-22.94	-263,316	230,919	-%

Are Funds Buying or Selling NDLS?

Are funds buying NDLS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NDLS

No. of Funds

Unveiling Noodles & Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 18, 2024	headlands capital management, llc	7.7%	3,496,576	SC 13D/A
Mar 26, 2024	hoak public equities, lp	7.17%	3,227,731	SC 13D/A
Mar 22, 2024	headlands capital management, llc	5.4%	2,417,100	SC 13D
Feb 14, 2024	nantahala capital management, llc	8.3%	3,744,571	SC 13G
Feb 14, 2024	woodson capital management, lp	0%	0	SC 13G/A
Feb 13, 2024	vanguard group inc	5.34%	2,397,075	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.1%	2,723,664	SC 13G/A
Jan 24, 2024	royce & associates lp	5.3%	2,381,489	SC 13G
Sep 15, 2023	mill road capital iii, l.p.	4.5%	2,070,043	SC 13D/A

Recent SEC filings of Noodles & Co

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading

Peers (Alternatives to Noodles & Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	196.3B	25.8B	0.90%	-7.37%	22.84	7.62	10.04%	25.02%
CMG	88.3B	10.2B	10.70%	53.32%	68.09	8.65	13.61%	25.56%
SBUX	88.2B	36.5B	-9.72%	-27.32%	21.2	2.41	7.45%	16.97%
DRI	18.4B	11.2B	0.67%	-5.02%	17.77	1.64	8.53%	9.08%
DPZ	17.9B	4.5B	6.48%	64.85%	33.14	3.94	-0.24%	15.90%
TXRH	11.3B	4.8B	13.56%	46.42%	33.22	2.37	13.73%	18.99%
MID-CAP
SHAK	4.2B	1.1B	4.53%	48.70%	173.21	3.76	18.35%	298.28%
BLMN	2.0B	4.6B	-12.86%	-10.70%	28.09	0.44	2.24%	-38.66%
PZZA	1.7B	2.1B	-16.19%	-30.39%	22.65	0.79	1.73%	-6.65%
SMALL-CAP
CAKE	2.0B	3.5B	14.84%	9.73%	18.4	0.57	2.64%	121.81%
JACK	1.0B	1.6B	-10.26%	-44.25%	8.93	0.63	0.14%	-10.41%
BJRI	858.9M	1.3B	15.69%	10.00%	35.93	0.65	0.21%	292.03%
CHUY	472.1M	459.3M	-9.63%	-29.44%	15.63	1.03	5.77%	28.21%
BDL	52.9M	181.9M	14.48%	0.78%	14.99	0.29	9.56%	-56.30%
ARKR	52.5M	185.2M	4.89%	-22.03%	-7.25	0.28	-2.24%	-199.86%

Noodles & Co News

Latest updates

Noodles & Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.4%	121,395,000	124,320,000	127,854,000	125,154,000	126,077,000	136,470,000	129,381,000	131,067,000	112,562,000	114,800,000	125,126,000	125,649,000	109,577,000	107,168,000	105,982,000	80,157,000	100,348,000	113,871,000	118,304,000	120,190,000	110,046,000
Costs and Expenses	-2.6%	125,491,000	128,876,000	125,820,000	125,434,000	128,304,000	134,634,000	127,852,000	129,189,000	118,637,000	119,148,000	119,806,000	119,439,000	110,942,000	110,540,000	105,260,000	92,682,000	105,202,000	113,624,000	113,260,000	118,952,000	111,136,000
S&GA Expenses	-100.0%	-	13,865,000	11,864,000	12,463,000	13,641,000	13,723,000	11,596,000	12,744,000	11,840,000	11,441,000	12,187,000	12,978,000	10,929,000	11,461,000	10,827,000	10,034,000	10,554,000	11,022,000	10,436,000	11,848,000	10,140,000
EBITDA Margin	-2.5%	0.04	0.04	0.05	0.05	0.05	0.04	0.03	0.04	0.05	0.06	0.06	0.05	-	-	-	-	-	-	-	-	-
Interest Expenses	23.5%	1,979,000	1,602,000	1,186,000	1,054,000	961,000	784,000	735,000	489,000	437,000	368,000	594,000	498,000	622,000	436,000	822,000	920,000	968,000	602,000	737,000	800,000	761,000
Income Taxes	409.5%	65,000	-21,000	148,000	-30,000	-73,000	77,000	-1,000	44,000	-83,000	22,000	29,000	29,000	-10,000	11,000	27,000	33,000	13,000	40,000	64,000	-	-
Earnings Before Taxes	1.3%	-6,075,000	-6,158,000	848,000	-1,334,000	-3,188,000	1,052,000	794,000	1,389,000	-6,512,000	-4,716,000	4,726,000	5,712,000	-1,987,000	-3,808,000	-100,000	-13,445,000	-5,822,000	-1,143,000	4,307,000	438,000	-1,851,000
EBT Margin	-30.6%	-0.03	-0.02	-0.01	-0.01	0.00	-0.01	-0.02	-0.01	0.00	0.01	0.01	0.00	-	-	-	-	-	-	-	-	-
Net Income	0.0%	-6,140,000	-6,137,000	700,000	-1,304,000	-3,115,000	975,000	795,000	1,345,000	-6,429,000	-4,738,000	4,697,000	5,683,000	-1,977,000	-3,819,000	-127,000	-13,478,000	-5,835,000	-1,183,000	4,243,000	438,000	-1,851,000
Net Income Margin	-31.9%	-0.03	-0.02	-0.01	-0.01	-	-0.01	-0.02	-0.01	0.00	0.01	0.01	0.00	-	-	-	-	-	-	-	-	-
Free Cashflow	89.2%	-1,642,000	-15,157,000	4,136,000	-10,313,000	-3,214,000	-9,600,000	-4,048,000	3,791,000	-14,472,000	458,000	1,161,000	14,724,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.1%	360	368	369	358	349	344	343	339	338	341	344	360	343	354	363	422	414	379	378	381	385
Current Assets	-1.7%	22.00	23.00	23.00	24.00	21.00	22.00	22.00	20.00	20.00	23.00	21.00	35.00	19.00	24.00	26.00	78.00	65.00	29.00	20.00	21.00	17.00
Cash Equivalents	-55.7%	1.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	17.00	3.00	8.00	9.00	62.00	51.00	10.00	3.00	3.00	2.00
Inventory	-0.6%	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	9.00	10.00	10.00	9.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Net PPE	-0.6%	151	152	-	-	-	-	-	-	-	-	-	-	-	-	-	-	129	129	135	135	138
Goodwill	0%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Liabilities	-0.7%	338	341	336	321	313	305	307	304	306	304	303	325	315	324	330	390	369	328	327	334	339
Current Liabilities	7.4%	73.00	68.00	76.00	65.00	68.00	64.00	66.00	70.00	68.00	77.00	68.00	71.00	63.00	58.00	61.00	61.00	50.00	58.00	51.00	52.00	49.00
Long Term Debt	1.2%	81.00	80.00	64.00	63.00	51.00	46.00	36.00	31.00	32.00	19.00	21.00	36.00	36.00	41.00	41.00	93.00	85.00	40.00	42.00	44.00	47.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
LT Debt, Non Current	-100.0%	-	80.00	64.00	63.00	51.00	46.00	36.00	31.00	32.00	19.00	21.00	36.00	36.00	41.00	41.00	93.00	85.00	40.00	42.00	44.00	47.00
Shareholder's Equity	-19.4%	22.00	27.00	33.00	36.00	36.00	38.00	36.00	35.00	32.00	38.00	41.00	35.00	28.00	30.00	33.00	32.00	45.00	51.00	51.00	47.00	46.00
Retained Earnings	-4.1%	-154	-148	-142	-142	-141	-138	-139	-140	-141	-135	-130	-135	-140	-138	-134	-134	-121	-115	-114	-118	-118
Additional Paid-In Capital	0.4%	211	210	209	213	212	211	210	210	208	207	206	205	203	203	202	202	201	201	200	200	199
Shares Outstanding	0.8%	45.00	45.00	45.00	46.00	46.00	46.00	46.00	46.00	46.00	45.00	46.00	45.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	133	-	-	-	230	-	-	-	588	-	-	-	172	-	-	-	234	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	4171.3%	7,005	164	16,945	3,164	7,222	1,737	1,777	12,103	-6,060	6,269	6,650	19,467	3,779	810	1,607	7,365	-658	13,791	7,261	8,894	114
Share Based Compensation	47.2%	1,123	763	694	1,476	1,302	974	736	1,498	1,120	674	1,153	1,563	720	593	651	1,094	159	663	-61.00	1,115	726
Cashflow From Investing	43.0%	-8,647	-15,178	-12,809	-13,377	-10,436	-11,337	-5,825	-8,312	-6,835	-5,811	-5,083	-4,743	-2,733	-1,058	-3,077	-2,891	-3,919	-3,616	-5,571	-3,701	-5,551
Cashflow From Financing	-100.2%	-37.00	15,497	-4,748	11,291	3,755	9,283	4,099	-3,603	12,241	-1,352	-15,742	-517	-5,769	-533	-51,985	7,072	44,648	-2,802	-1,942	-3,655	2,582
Buy Backs	-	-	-	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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NDLS Income Statement

2024-04-02

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2024	Apr. 04, 2023
Revenue:
Total revenue	$ 121,395	$ 126,077
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Other restaurant operating costs	23,464	24,011
General and administrative	13,044	13,641
Depreciation and amortization	7,370	6,250
Pre-opening	437	492
Restaurant impairments, closure costs and asset disposals	1,229	1,569
Total costs and expenses	125,491	128,304
Loss from operations	(4,096)	(2,227)
Interest expense, net	1,979	961
Loss before taxes	(6,075)	(3,188)
Provision for (benefit from) income taxes	65	(73)
Net loss	$ (6,140)	$ (3,115)
Loss per Class A and Class B common stock, combined
Basic (USD per share)	$ (0.14)	$ (0.07)
Diluted (USD per share)	$ (0.14)	$ (0.07)
Weighted average shares of Class A and Class B common stock outstanding, combined:
Basic (in shares)	45,079,355	46,115,506
Diluted (in shares)	45,079,355	46,115,506
Restaurant revenue
Revenue:
Total revenue	$ 119,003	$ 123,227
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Restaurant operating costs	29,701	31,025
Franchising royalties and fees, and other
Revenue:
Total revenue	2,392	2,850
Labor
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Restaurant operating costs	38,417	39,830
Occupancy
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Restaurant operating costs	$ 11,829	$ 11,486

NDLS Balance Sheet

2024-04-02

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 02, 2024	Jan. 02, 2024
Current assets:
Cash and cash equivalents	$ 1,334	$ 3,013
Accounts receivable	4,332	5,144
Inventories	10,191	10,251
Prepaid expenses and other assets	6,021	3,879
Income tax receivable	362	337
Total current assets	22,240	22,624
Property and equipment, net	151,322	152,176
Operating lease assets, net	177,275	183,857
Goodwill	7,154	7,154
Intangibles, net	525	538
Other assets, net	1,861	1,746
Total long-term assets	338,137	345,471
Total assets	360,377	368,095
Current liabilities:
Accounts payable	17,575	16,691
Accrued payroll and benefits	11,426	7,769
Accrued expenses and other current liabilities	12,932	12,950
Current operating lease liabilities	30,580	30,104
Total current liabilities	72,513	67,514
Long-term debt, net	81,176	80,218
Long-term operating lease liabilities, net	178,545	186,285
Deferred tax liabilities, net	320	255
Other long-term liabilities	5,919	6,663
Total liabilities	338,473	340,935
Stockholders’ equity:
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of April 2, 2024 and January 2, 2024; no shares issued or outstanding	0	0
Common stock—$0.01 par value, 180,000,000 shares authorized as of April 2, 2024 and January 2, 2024; 47,770,220 issued and 45,346,349 outstanding as of April 2, 2024 and 47,413,585 issued and 44,989,714 outstanding as of January 2, 2024	478	474
Treasury stock, at cost, 2,423,871 shares as of April 2, 2024 and January 2, 2024	(35,000)	(35,000)
Additional paid-in capital	210,810	209,930
Accumulated deficit	(154,384)	(148,244)
Total stockholders’ equity	21,904	27,160
Total liabilities and stockholders’ equity	$ 360,377	$ 368,095

About Noodles & Co

Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It operates company owned locations and franchise locations. The company was founded in 1995 and is based in Broomfield, Colorado.

CEO	Mr. Dave Boennighausen
WEBSITE	noodles.com
INDUSTRY	Restaurants
EMPLOYEES	8100

Noodles & Co Frequently Asked Questions

What is the ticker symbol for Noodles & Co? What does NDLS stand for in stocks?

NDLS is the stock ticker symbol of Noodles & Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Noodles & Co (NDLS)?

As of Fri May 17 2024, market cap of Noodles & Co is 94.77 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NDLS stock?

You can check NDLS's fair value in chart for subscribers.

What is the fair value of NDLS stock?

You can check NDLS's fair value in chart for subscribers. The fair value of Noodles & Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Noodles & Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NDLS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Noodles & Co a good stock to buy?

The fair value guage provides a quick view whether NDLS is over valued or under valued. Whether Noodles & Co is cheap or expensive depends on the assumptions which impact Noodles & Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NDLS.

What is Noodles & Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NDLS's PE ratio (Price to Earnings) is -7.36 and Price to Sales (PS) ratio is 0.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NDLS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Noodles & Co's stock?

In the past 10 years, Noodles & Co has provided -0.24 (multiply by 100 for percentage) rate of return.