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Steve Hach is the Editor at ValuEngine.com, a Melbourne, Florida-based stock valuation and forecast service. ValuEngine utilizes Ivy League financial research as the basis for its coverage of more than 8000 US, Canadian, and other foreign stocks. Hach utilizes ValuEngine's ...more

ValuEngine Upgrades Noodles & Company To STRONG BUY

Date: Wednesday, October 17, 2018 6:43 PM EDT

For today's edition of our upgrade list, we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Hanwha Q-Cells, Blueprint Medicines, and Noodles and Co. are rated STRONG BUY. GOL-Linhas and Heritage Crystal are rated BUY.

Ticker

Company Name

Market Price

Valuation

Last 12-M Return

1-M Forecast Return

1-Yr Forecast Return

P/E Ratio

Sector Name

HQCL

HANWHA Q CELLS

9.7

56.59%

25.97%

1.15%

13.83%

N/A

Computer and Technology

BPMC

BLUEPRINT MED

72.07

86.09%

12.33%

1.11%

13.30%

N/A

Medical

NDLS

NOODLES & CO

13.23

28.47%

198.98%

1.09%

13.09%

661.50

Retail-Wholesale

GOL

GOL LINHAS-ADR

8.61

52.89%

-5.76%

0.60%

7.25%

29.69

Transportation

HCCI

HERITAGE-CRYSTL

22.02

15.62%

3.14%

0.60%

7.14%

36.70

Industrial Products


Today, we take a look at Noodles & Company (NDLS). Noodles & Company is a fast casual restaurant which offers lunch and dinner. It serves noodles, pastas, salads, soups, sandwiches, cheese, meatballs and beverages. The company operates in the United States. Noodles & Company is based in Broomfield, Colorado.

This stock has caught fire lately due to some timely analyst upgrades and a new product that many think will give the company an edge. Noodles is riding the low-carb and paleo craze by providing customers and alternative to high-carb traditional pastas. Many analysts think the company's zucchini noodles--known as "zoodles"--will help differentiate the restaurants and make consumers take notice.

ValuEngine updated its recommendation from BUY to STRONG BUY for NOODLES & CO on 2018-10-16. Based on the information we have gathered and our resulting research, we feel that NOODLES & CO has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Earnings Growth Rate.

 

 

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

13.37 1.09%

3-Month

13.54 2.33%

6-Month

13.97 5.62%

1-Year

14.96 13.09%

2-Year

14.77 11.61%

3-Year

14.60 10.36%

 

Valuation & Rankings

Valuation

28.47% overvalued

Valuation Rank(?)

13

1-M Forecast Return

1.09%

1-M Forecast Return Rank

99

12-M Return

198.98%

Momentum Rank(?)

99

Sharpe Ratio

-0.45

Sharpe Ratio Rank(?)

19

5-Y Avg Annual Return

-25.29%

5-Y Avg Annual Rtn Rank

18

Volatility

56.79%

Volatility Rank(?)

28

Expected EPS Growth

650.00%

EPS Growth Rank(?)

98

Market Cap (billions)

0.37

Size Rank

48

Trailing P/E Ratio

661.50

Trailing P/E Rank(?)

30

Forward P/E Ratio

88.20

Forward P/E Ratio Rank

4

PEG Ratio

1.02

PEG Ratio Rank

39

Price/Sales

0.82

Price/Sales Rank(?)

73

Market/Book

20.38

Market/Book Rank(?)

8

Beta

-0.54

Beta Rank

91

Alpha

1.09

Alpha Rank

99

 

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

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