Stocks · Consumer Cyclical · Restaurants
Noodles & Company NDLS
$13.40 -2.90% Close, Oct 2, 2026 · NASDAQ · Market cap $80.0M
Strong trendHigh risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +168.5%, ahead of the S&P 500 by 153.5 percentage points.
- Operating margin widened to 3.3% from -6.7% a year earlier.
- Net debt is 20.2× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 33%
- Revenue growth, 3-year CAGRBottom 36%
- Revenue growth accelerationTop 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 39%
- Gross marginBottom 2%
- Operating marginBottom 32%
- Accruals (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Bottom 3%
- Interest coverBottom 29%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 8%
- Free-cash-flow yieldBottom 45%
- EBITDA / enterprise valueBottom 21%
- Sales / enterprise valueTop 22%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 1%
- 6-month returnTop 9%
- 1-year return vs S&P 500Top 1%
- Distance from 52-week highBottom 45%
- Trend checklist (0–4)Top 34%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsTop 28%
- Share of analysts rating BuyBottom 14%
- Upside to consensus price targetTop 3%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 7%
- Maximum drawdown, 3 yearsBottom 9%
- Beta vs S&P 500 (lower is better)Top 23%
- Net debt / EBITDA (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -0.1% | 0.2% | ↑ |
| Gross margin | 23.7% | 4.9% | ↓ |
| Operating margin | -6.7% | 3.3% | ↑ |
| FCF margin | -3.7% | 0.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.2% | -0.1% | ↑ | Bottom 33% |
| Gross margin | 4.9% | 23.7% | ↓ | Bottom 2% |
| Operating margin | 3.3% | -6.7% | ↑ | Bottom 32% |
| Net margin | -4.7% | -8.7% | ↑ | — |
| Free-cash-flow margin | 0.8% | -3.7% | ↑ | — |
| Return on invested capital | 8.3% | — | Top 39% | |
| Revenue growth, 3-year CAGR | -1.0% | — | Bottom 36% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -15.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +24.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 20.23×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.19%
- Shareholder yield
- 0.19%
- Share count change, 1 year
- +2.7%
- Share count change, 3-year CAGR
- +0.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 24, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $48.00
- Target vs current price
- +258.2%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 26%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 24, 2026 | +460.0% | +24.4% | +42.3% | +21.9% | — |
| May 6, 2026 | +27.9% | +1.2% | +15.7% | +15.1% | +66.4% |
| Mar 25, 2026 | +40.3% | -7.5% | +30.5% | +61.1% | +113.1% |
| Nov 5, 2025 | +4.8% | -3.5% | +10.6% | +38.9% | -2.0% |
| Aug 13, 2025 | -140.0% | -7.3% | -35.2% | -40.2% | -40.0% |
| May 7, 2025 | -100.0% | -1.0% | -14.2% | -21.6% | -17.6% |
| Mar 6, 2025 | -757.1% | -6.7% | -9.7% | -11.9% | -42.0% |
| Nov 6, 2024 | -111.8% | +1.7% | -28.0% | -41.9% | +39.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 24, 2026 | $0.18 | -$0.05 | +460.0% | $127.0M |
| May 6, 2026 | -$0.44 | -$0.61 | +27.9% | $123.8M |
| Mar 25, 2026 | -$0.43 | -$0.72 | +40.3% | $122.8M |
| Nov 5, 2025 | -$0.80 | -$0.84 | +4.8% | $122.1M |
| Aug 13, 2025 | -$0.96 | -$0.40 | -140.0% | $126.4M |
| May 7, 2025 | -$1.60 | -$0.80 | -100.0% | $123.8M |
| Mar 6, 2025 | -$1.20 | -$0.14 | -757.1% | $121.8M |
| Nov 6, 2024 | -$0.96 | -$0.45 | -111.8% | $122.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 26.9× | — | — | Bottom 21% |
| EV / Sales | 0.65× | — | — | Top 22% |
| Free-cash-flow yield | 4.70% | — | — | Bottom 45% |
| Earnings yield | -29.93% | — | — | Bottom 8% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 146
- 50-day average slope (20 days)
- +1.4%
- 200-day average slope (20 days)
- +7.6%
- Distance from 50-day average
- -10.9%
- Distance from 200-day average
- +27.5%
- RSI (14)
- 45.8
- Relative volume
- 0.35×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 80.0%
- Volatility vs own 5-year history
- 57th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.69
- Correlation with S&P 500
- 0.10
- Current drawdown from 1-year high
- -28.0%
- Maximum drawdown, 3 years
- -85.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 24, 2021 | Feb 11, 2026 | -96.3% | 1163 days | Not yet recovered |
| Oct 21, 2020 | Nov 2, 2020 | -26.1% | 8 days | 44 days (Jan 6, 2021) |
| Mar 11, 2021 | Apr 20, 2021 | -21.3% | 27 days | 9 days (May 3, 2021) |
| May 3, 2021 | May 12, 2021 | -12.9% | 7 days | 8 days (May 24, 2021) |
| Jan 14, 2021 | Feb 1, 2021 | -10.7% | 11 days | 6 days (Feb 9, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $80.0M
- EPS, diluted (TTM)
- -$4.01
- Revenue (TTM)
- $495.7M
- 52-week range
- $3.57 – $19.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $475.2M | $509.5M | $503.4M | $493.3M | $495.1M |
| Gross profit | $82.1M | $80.2M | $84.2M | $169.0M | $44.0M |
| Operating income | $5.8M | -$832,000 | -$5.0M | -$27.8M | -$5.1M |
| Net income | $3.7M | -$3.3M | -$9.9M | -$36.2M | -$42.6M |
| EPS (diluted) | $0.64 | -$0.58 | -$1.68 | -$6.40 | -$7.36 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $122.8M | $121.8M | $123.8M | $126.4M | $122.1M | $122.8M | $123.8M | $127.0M |
| Net income | -$6.8M | -$9.7M | -$9.1M | -$17.6M | -$9.2M | -$6.8M | -$3.4M | -$4.0M |
| EPS (diluted) | -$1.20 | -$1.68 | -$1.60 | -$3.04 | -$1.60 | -$1.16 | -$0.58 | -$0.67 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $36.2M | $9.6M | $27.5M | $7.6M | $7.3M |
| Capital expenditure | -$18.8M | -$33.9M | -$52.0M | -$28.8M | -$12.4M |
| Free cash flow | $17.4M | -$24.3M | -$24.5M | -$21.2M | -$5.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $101,000 | $0 | -$5.0M | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.3M
- Total assets
- $235.8M
- Total liabilities
- $286.8M
- Total debt
- $242.5M
- Net debt
- $241.2M
- Shareholders’ equity
- -$51.0M
As of Jun 30, 2026 (filed Jul 24, 2026).
Short interest
- Shares sold short
- 128,293
- Days to cover
- 5.63
- Change vs previous report
- -14.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Feb 18, 2026
- 1-for-8