Weakness Seen in Noodles & Company (NDLS): Stock Tumbles 13.7% - Tale of the Tape

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Noodles & Company ( NDLS ) a big move last session, as the company's shares fell about 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NDLS, as the stock is now down nearly 17% in the past one-month time frame.

The company, which operates in the fast-casual restaurant sector, has seen a mixed track record when it comes to current year 1 downward estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

NDLS currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the same sector include Ignite Restaurant Group, Inc. ( IRG ), The Wendy's Company ( WEN ) and Arcos Dorados Holdings Inc. Cla ( ARCO ). While Ignite Restaurant and Wendy's Company carry a Zacks Rank #1 (Strong Buy), Arcos Dorados holds a Zacks Rank #2 (Buy).

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ARCOS DORADOS-A (ARCO): Free Stock Analysis Report

IGNITE RESTRNT (IRG): Free Stock Analysis Report

NOODLES & CO (NDLS): Free Stock Analysis Report

WENDYS CO/THE (WEN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ARCO , IRG , NDLS , WEN

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