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Showing posts with label noodles & co. Show all posts
Showing posts with label noodles & co. Show all posts

Saturday, April 25, 2015

Noodles & Company (NDLS) Stock Analysis May 2015

Noodles & Company (NDLS) Stock Analysis May 2015 - @Stockstobuy -

Noodles & Company (NDLS) has exploded higher over the last month as traders and investors buy ahead of the earnings report in a few weeks.  With the Q1 earnings date set for May 5, 2015,  analyst estimates have dropped down to $0.05 on $109 million in sales which should be easy to beat.  If Noodles & Co does beat earnings, expect the stock to return to the $22-$25 area.  If the company raises guidance, expect $25-$28.

NDLS stock has been a good buy in the $17's on every dip.  I don't see much more downside from here except maybe a drop into the $15's.  Shares will now have resistance at $20.76 & $21.50 ahead of earnings.

For more information in the top stocks in 2015, visit these links - Hot Stocks - Top Penny Stocks 2015 - Top Stocks 2015


Saturday, April 18, 2015

Buy Noodles & Company (NDLS) Stock?

Noodles & Company (NASDAQ:NDLS), a popular fast-casual restaurant chain, will report Q1 earnings in a few weeks.  The company has failed to beat EPS estimates six out of the last seven quarters but I think we will see this change over the next 1-9 months.  I also believe we are one or two quarters away from a massive short squeeze again.

Noodles & Co (NDLS) missed Wall St. expectations last quarter but I can argue that as the stock rallied from $17.15-$28, the estimates jumped as well making it harder to beat earnings.  When Noodles missed by a small amount on both the top and bottom line, investors sold the stock hard.  Now that Wall St. is bearish and earnings estimates are low, Noodles & Company should have no problem beating or matching.  With the company expected to report earnings in a few weeks, here are the numbers to watch.
  • Q1 EPS - $0.05
  • Q1 Sales - $108.75 million
  • Same Store Sales - 1.5%
  • 2015 Sales Guidance - $475 million

The company expects to ramp up marketing later in the year which should bump up same store sales into the 2.5%-4% range.  Noodles & Company (NDLS) is already making some key moves in Q2.  The company opened their first Arizona location in Tempe on April 14th and they added buff bowls to the menu on April 1st.  Buff Bowls are designed for less carbs, high protein.  Based on the reaction on social media websites, customers are loving the diversification.
 

Now let's talk about NDLS the stock.  Shares have formed a double bottom on the long term chart in the low $17's and the technicals are all coming together right now.  The stock is trading above it's 10 day moving average with the 50 day moving average just $0.56 away as of April 17th.  Now that expectations are rock bottom and the stock is low, if Noodles & Company (NDLS) can beat earnings, shares have significant upside to the $22-$25 range.  If they would raise guidance in addition to a beat, I think the stock will likely hit $25-$28 over the next three months.  If they report a miss, I don't see much more downside but we could easily see $16.

In conclustion, investors have never been this bearish on Noodles & Company (NDLS) and the stock price has rallied $2 off the record low set two weeks ago.  If Noodles & Company delivers an upside surprise, expect a massive short squeeze.

Tuesday, April 14, 2015

Noodles & Company (NDLS) Stock Analysis 4/14/15 April 14, 2015

Noodles & Company (NDLS) Stock Analysis 4/14/15 April 14, 2015 - @Stockstobuy -

Noodles & Company (NDLS) has exploded higher over the last two days and traders and investors buy ahead of the earnings report in a few weeks.  The company will also open their first location in Arizona today in Tempe.  Analyst estimates have dropped down to $0.05 on $109 million in sales which should be easy to beat.  If Noodles & Co does beat earnings, expect the stock to return to the $22-$25 area.  If the company would raise guidance, expect $25-$28.

NDLS stock has been a good buy in the $17's on every dip.  I don't see much more downside from here except maybe a drop into the $15's.  Shares will now have resistance at $19.30.

For more information in the top stocks in 2015, visit these links - Hot Stocks - Top Penny Stocks 2015 - Top Stocks 2015



Sunday, December 8, 2013

Noodles & Company (NDLS) Stock Upgraded - 2014 Price Target $60

Noodles & Company (NDLS) is a stock I cover in the stock picks group and is a stock i own for the long term in my retirement account.  Given the drop down into the $37's on Friday, I'm now issuing an upgrade and a buy alert to anyone looking for a good long term stock to buy and hold.  Noodles & Company (NDLS) receives a $60 price target for 2014.

Noodles & Company (NDLS) is a fast casual restaurant chain that is growing regional to national.  Management came from Chipotle Mexican Grill (CMG) and they are doing their best to replicate Chipotle's success.

Noodles & Co is valued at only $1.1 billion with around 380 restaurants right now.  Their goal is to have 2,500 locations in 10-15 years.  By that time, we should see NDLS hit a market cap of at least $10 billion.  This would translate into a share price of around $350 per share if all goes well.

Expect 2014 to kick off explosive growth and the stock to rebound sharply.  As I stated earlier, I'm giving NDLS a 2014 Price Target of $60 per share.

Top Stocks 2014 - Penny Stocks 2014


Saturday, July 27, 2013

Noodles & Company (NDLS) Coming to Vancouver Washington - North of Portland

Noodles and Company Vancouver, WA - Coming Soon



Do you live near Vancouver, Washington or Portland, Oregon? You will soon be getting a Noodles & Company!  Noodles & Co is a fast casual restaurant that serves noodle entrees from around the world.  They also serve soups, salads, and sandwiches.  This will be the first Noodles & Company restaurant to come to the state of Washington and I'm sure one will eventually show up in Seattle, WA as well.  Seattle would be a great spot for a Noodles & company.

Your East Vancouver Noodles & Company restaurant is a gathering place of sorts - the perfect stop-over for a satisfying lunch or dinner, while you're shopping at nearby stores, when you're out for dinner and a movie, or even on bowling night! We also offer a warm, welcoming environment for relaxing between meetings, or while waiting to pick-up after the kids' youth sports practice. No matter where you and your family or friends are headed, we're nearby many of your favorite local destinations. Make Noodles & Company a part of your plans the next time you're out and about!

http://www.noodles.com/locations/818

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