Noodles & Co. (NDLS) Price Target Reduced to $21 at Wedbush

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Noodles & Co. (NDLS) PT Cut to $21 at RBC Capital Post Q2

August 14, 2014 11:43 AM EDT

RBC Capital analyst David Palmer cut his price target and estimates on Sector Perform-rated Noodles & Co. (NASDAQ: NDLS) to $21.00 (from $39.00) following weak Q2 results and guidance.

Palmer commented, "Following 2Q results, we are lowering our one-year price target from $39 to $21 to... More

Noodles & Co. (NDLS) Misses Q2 EPS by 3c

August 13, 2014 4:01 PM EDT

Noodles & Co. (NASDAQ: NDLS) reported Q2 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $99.5 million versus the consensus estimate of $103 million.

Comparable restaurant sales decreased 0.6% for company-owned restaurants, 1.2% for franchise restaurants and 0.7% system-wide.Comparable... More