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I think another low then that will be bottom it's within week time imo
Thanks, I see this is 75% institution owned only about 7 million shares out there and tomorrow this should bounce. It did bounce from the big sell of so I see this is not a junk stock. But still should be seeing a rebound as a soon as volume starts to dry out. Nevertheless anyone with a year on horizon should be a easy double here or close. I don't believe in luck but thanks anyways same to you
I wish you the best of luck.
More lower lows coming for Noodles & Co. I will stay away from this until after this year when it hits the $15-17 range. Even then, it'll be a risky hold. 3Q & 4Q will make this drop another 20-30%. So far, PBPB, Papa Murphy, LOCO all will be in the same shoes as NDLS. They all have something in common. That is, trying to expand too fast with so little sales attraction. Each store they're opening is causing a loss in revenue due to expansion/additional cost. These are not the next CMG. It's time folks wake up to reality. GLTYA.
All I was saying a couple months ago is that I like their food and restaurants and believe this is a good brand. It has little to do with the stock
...what was that you're saying a few months back?? This is exactly what I've been trying to warn folks.
NDLS is proven...the more stores they're opening, the more it is losing $$$. Their sales aren't capable of further expansion at the moment.
IPO hyped. Going back down below $18 IPO numbers where it's supposed to be.
You buy when blood is in the water.. At 17
Yea but even so, this market still demands perfection. They want a top and bottom beat plus strong guidance, and if not, they will stick it to retail like no other.
http://www.marketwatch.com/story/noodles-company-announces-second-quarter-2014-financial-results-2014-08-13?reflink=MW_news_stmp
BROOMFIELD, Colo., Aug 13, 2014 (GLOBE NEWSWIRE via COMTEX) --
Noodles & Company NDLS -15.11% today announced financial results for its second quarter ended July 1, 2014.
Key highlights for the second quarter versus the same period a year ago include:
Total revenue increased 11.5% to $99.5 million from $89.2 million.
Comparable restaurant sales decreased 0.6% for company-owned restaurants, 1.2% for franchise restaurants and 0.7% system-wide.
Comparable restaurant sales, when adjusted for the Easter holiday shift, increased 0.3% for company-owned restaurants and 0.2% system-wide.
Quarter-to-date Q3 2014 (through August 12th) company-owned comparable restaurant sales increased 1.3%.
16 new restaurants opened system-wide in Q2, including 12 company-owned and four franchise restaurants, bringing the year-to-date openings to 30 new restaurants system-wide, including 25 company-owned and five franchise restaurants.
GAAP net income increased to $3.5 million from $0.1 million.
Adjusted net income(1) decreased 7.5% to $3.7 million, from $4.0 million, and adjusted earnings per diluted share decreased slightly to $0.12 from $0.13.
Adjusted EBITDA(1) was unchanged at $12.6 million.
NDLS 2Q showing decrease/decreasing sales and revenue. Investors will be worried to stay in this. Thus, the drop is foreseeable.
Not as bad as I thought
Pretty quite before earnings.. Still 97% institutional ownership but I've seen lots of puts. Hard to say what to do.
That's a very tough projectile. Also, NDLS's debt to ratio is another thing to considerate on its high valuation.
http://www.nashuatelegraph.com/business/1041586-464/noodles--company-opening-in-nashua.html
IMO, the more they are opening the more they will lose. NDLS should establish a bigger profitable margin until the fast expansion. The strategy they are running is, make it or break it. Where, in this sense, breaking seems more of the logical reality. PBPB chain isn't comparable to NDLS bc NDLS expanding faster/having more chain. But the #s are quite similar. GLTYA.
I'm only keeping up-to-date on the food industry bc I'm invested in 1 and will keep updated with its competitors.
They are saying they can make $1 eps in a year, which will be 30X earnings next year if NDLS can keep what they say. I agree the odds are in your favor in the 20s. But PBPB chain is not nearly as nice as NDLS
Like the noodles. Give it a good/OK. But do not like its valuation, matter of time it drops. No way it is worth over 100X earnings currently. This is not a tech stock but a restaurant fast food chain.
This will be like PBPB, downtrend mode.
Agreed chipotle and noodles are both very popular and both started here in CO.. Noodles has just been slower to spread and take market share.. I think the future is very bright though
Clearly you haven't eaten here before. Very good food and it has the healthy feel. I think it's overvalued but will be a 5B+ company in a few years. Buying in the upper 20s
Like I've stated from my previous post(s), this thing is highly over valued with no brand recognition/debt/food quality. Does not worth what it is. Dropped 8% today, and another 25% after earnings. Like today Potbelly dropped 25% after low earnings/forecasts. GLTY. Wouldn't be a long holder for this. IMO
It would've been better if NDLS opened IPO day around $20 and worked to $29. Because although NDLS has great growth, the pps is way ahead of itself. Good long term stock if you can buy in 20s, IMO
Not surprised if this makes another 52week lows IMO GLTYA
No disrespect but noodles although possibly overvalued ATM will be similar in size to chipotle now before too long.. The company has room for exponential growth
No disrespect. I do understand it is unfair to compare Chipotle with Noodles & Co since Chipotle has a bigger brand recognition for being in the market longer. Noodles & Co here in Cali isn't as popular compared to the East. However, NDLS runs a more different strategy compared to CMG, where it is franchising out their brand to open more stores. Whereas, CMG do not franchise, because comp wants to have total control on the food quality served. CMG makes 3 billion in annual revenue and 0 debt. Opening new 200 stores annually. So it makes sense for them to be trading at 51x earnings. For the past 5 years, they usually only miss earnings 1 qtr out of the 4. Noodles & Co may have more room to grow since it is still at beginning stage. However, the few quarters suggested a high in PPS currently with 149x earnings. Reports/guidelines do not suggest any bad beat coming. This is not a technology stock but rather a food industry sector, so at this price, it's bound to have more down side than up. Just stating the facts. GLTYA.
Noodles has incredible brand recognition and customer loyalty similar to chipotle.. Living in CO where both chipotle and noodles were created I would have to say people love both companies. Noodles is just in a much more infant stage with tons of room for growth compared to chipotle.. Might be slightly ahead of itself but teens/young people love noodles like they love chipotle/Starbucks.. This company will grow like a weed IMO.. It's huge in CO
GOING LOWER to $10-15 a share is more like it!
RIDICULOUS!!!
TRADING AT 146X 2015 EARNINGS!?? @ $32.67 A SHARE PPS. THAT'S EVEN MORE THAN CHIPOTLE WHICH IS AT ONLY 50X EARNINGS, 0 DEBT, 3 BILLION REVENUE. NOODLES & CO DARE TO BE TRADING AT A MUCH HIGHER X THAN CHIPOTLE?
TIME TO SHORT THIS FAT PIG!
Flipped some of my 32.90.
Great recovery for NDLS this week. Going into the summer months. No weather excuses now. Time to make it happen NDLS!
I've got to target 28-29 range. They are saying "full year guidance still achievable if we have remarkable execution the rest of the year. Basically, if anything goes wrong they will not reach guidance and expectations are high for NDLS right now
When's earnings?
I've been wanting to get in NDLS for a long time, but the P/E is concerning. It basically needs everything to go right to stay at these levels- but NDLS is the real deal, the food is delicious. It's risky playing the swings from 35-40, but it does seem trade locked right now.
Yeah. Second time doing this
Tis is a good trading stock it goes to 40 then to 35 then back to 40 then to 35 You can buy and short both ways and make a killing
Bought back at 36.3 I guess it's a little early.
One thing I will say is NDLS needs to get more stores open. The location of the one in Orlando was great.
I think so too. The menu is great and the price point was right on. I actually took a starter here this week. Gonna go long with this one!
Yes I have. The atmosphere is much better then chipotle prices r good food is great. This is a winner.
So I went to one of the locations when i was in orlando recently. Food was great, service was great, place was packed.
It's set up a lot like chipolte. Only difference is you order then they bring your food out. Anyone been to another location?
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Noodles & Company Prices Its Initial Public Offering
“Noodles is an attractive, early stage growth company with strong unit economics and a unique value proposition for consumers, but scarcity has chased valuation beyond where we think fundamentals offer much upside. We see a balanced Risk/Reward and initiate with an EW rating…Early stage fast casual growth company in unique ‘category of one’ (no direct competitors of scale). First fast casual IPO since CMG creates scarcity value. Rapid unit growth. From its current ~350 store base, we see the opportunity to expand to 2,500 units nationally. Unit growth rate of 12-14% over next few years among fastest in retail. Strong unit economics, led by naturally low food costs and modest build out costs, produce 30%+ cash-on-cash returns.,” the firm’s analyst wrote. (July 25, 2013)
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