Noodles & Co. (NASDAQ:NDLS) hit a new 52-week low on Tuesday . The stock traded as low as $8.31 and last traded at $8.37, with a volume of 824,490 shares. The stock had previously closed at $10.36.

A number of equities research analysts have commented on the company. Zacks Investment Research downgraded Noodles & Co. from a “hold” rating to a “sell” rating in a report on Thursday, April 28th. Credit Suisse Group AG reissued a “hold” rating on shares of Noodles & Co. in a report on Wednesday, May 4th. BMO Capital Markets reissued a “buy” rating on shares of Noodles & Co. in a report on Wednesday, May 4th. Jefferies Group reissued a “buy” rating and issued a $14.00 target price on shares of Noodles & Co. in a report on Friday, May 6th. Finally, Bank of America Corp. reissued a “sell” rating on shares of Noodles & Co. in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.00.

The stock has a 50-day moving average of $9.77 and a 200-day moving average of $11.03. The stock’s market capitalization is $206.46 million.

Noodles & Co. (NASDAQ:NDLS) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.06) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.06). During the same quarter in the previous year, the company earned $0.03 earnings per share. The company had revenue of $113.99 million for the quarter, compared to the consensus estimate of $114.71 million. Noodles & Co.’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, analysts forecast that Noodles & Co. will post $0.04 earnings per share for the current fiscal year.

Noodles & Company develops and operates fast casual restaurants. The Company serves globally inspired noodle and pasta dishes, soups, salads and sandwiches. As of December 30, 2014, the Company had 439 restaurants, comprising 386 company owned restaurants and 53 franchise restaurants in 32 states and the District of Columbia.

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