Noodles & Company (NDLS) Reports In-Line Q3 EPS; Guides EPS Below the Street

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RBC Capital Remains Sidelined on Noodles & Company (NDLS) After Adjusting Estimates

November 7, 2016 6:55 AM EST

RBC Capital maintained a Sector Perform rating on Noodles & Company (NASDAQ: NDLS), and cut the price target to $5.00 (from $8.00), after adjusting estimates. RBC cut 2016 and 2017 EPS estimates from ($0.11) and ($0.05) to ($0.15) and ($0.19), respectively, based on the outlook for negative systemwide SSS growth through 1H17.... More

Jefferies Remains Sidelined on Noodles & Company (NDLS) - PT to $5

November 4, 2016 9:18 AM EDT

Jefferies maintained a Hold rating on Noodles & Company (NASDAQ: NDLS), and cut the price target to $5.00 (from $7.00), following the company's 3Q earnings report. While management is cautiously optimistic that trends are starting to improve as a result of recent culinary and operational... More