How to Buy Noodles & Co Stock
Noodles & Co
Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers.
Noodles & Co stock last closed at $1.40, down 6.04% from the previous day, and has decreased 48.91% in one year. It has underperformed other stocks in the Restaurants industry by 0.58 percentage points. Noodles & Co stock is currently +26.13% from its 52-week low of $1.11, and -60% from its 52-week high of $3.50.
There are currently 45.64M NDLS shares outstanding. The market cap of NDLS is $63.89M. In the last 24 hours, 140,577 NDLS shares were traded.
How to Buy Noodles & Co Stock
Not sure how to invest in Noodles & Co stock? Here's how.
- Figure out where to buy Noodles & Co stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Noodles & Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your payment method and add your info.
- Research Noodles & Co stock: The Noodles & Co ticker symbol is NDLS. Is Noodles & Co stock a good investment? Should you buy shares of NDLS? How do NDLS's underlying business fundamentals look? Do top analysts think Noodles & Co is a good buy? Why has NDLS's stock price moved recently? (Hint: Our stock research website can help you evaluate if NDLS is a good stock to buy).
- Place your NDLS purchase: Decide if you will purchase NDLS shares at the current market price or use a limit order to purchase NDLS stock at a given price.
- Get updates on your investment in NDLS: Create a watchlist to watch your new investment in Noodles & Co stock.
Step 1: Figure out where to buy Noodles & Co stock
You will need an online brokerage account in order to access the NASDAQ market and buy NDLS stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to buy NDLS stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on stock apps to use, you need to deposit funds:
Check out the video below if you need help depositing money into your new brokerage account.
Step 4: Research Noodles & Co stock
Once you have decided on the best place to buy Noodles & Co stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Noodles & Co Numbers
Noodles & Co Zen Score
WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NDLS's stock page.
Is NDLS stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NDLS's fair value.
Using relative valuations ratios:
- NDLS may be undervalued based on its P/B ratio of 6.63x, relative to Restaurants industry P/B ratio of -401.04x
You can access more valuation research on NDLS's stock here.
NDLS Financial Summary
Pros:
- NDLS has $1.81M in cash and short term investments. This is enough to cover its annual cash burn of $17.12M.
Cons:
- There are more long-term liabilities than short-term assets on the NDLS balance sheet.
- NDLS profit margin has gone down from -0.5% to -5% in the past year.
- Total NDLS debt is higher than 5 years ago, relative to shareholder equity.
- NDLS has cash burn of 17120000. It does not have enough cash and short-term investments to cover this.
- NDLS has a relatively high debt to equity ratio of 34.91.
- There are more short-term liabilities than short-term assets on the NDLS balance sheet.
Is it a good time to buy NDLS stock, according to analysts?
Out of 2 Wall Street analysts who research NDLS, the consensus analyst rating on Noodles & Co is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Noodles & Co stock forecast page.
NDLS Momentum
NDLS Revenue
Last year, NDLS revenue was $500.92M. In the past five year, NDLS's revenue has grown by 1.71% per year. This was slower than the Restaurants industry average of 9.69%.
You can analyze NDLS's earnings and revenue performance here.
Latest Insiders Trades at NDLS
Over the last 12 months, executives and large shareholders at NDLS have bought more shares than they have sold.
Michael Hynes, Chief Financial Officer of NDLS, was the latest NDLS insider to sell. They sold $7,184.48 worth of NDLS shares on Jul 24, 2024.
Get more info about who owns NDLS shares here.
Does NDLS provide a stable income stream?
No, Noodles & Co doesn't provide an income stream by paying out dividends.
What others are saying about NDLS
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your NDLS purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in NDLS
Now that you own some NDLS shares, you'll want to keep up with your investment.
Create a watchlist to keep tabs on your NDLS stock.
NDLS Feed
How to Buy Stock in Noodles & Co
To reiterate, here are the 6 steps you need to take to buy Noodles & Co stock right now:
- Figure out where to buy Noodles & Co stock
- Open your brokerage account
- Deposit money your investment account
- Research Noodles & Co stock
- Place your NDLS purchase
- Get updates on your investment in NDLS
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Noodles & Co, click the button below.
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