Tri-Continental (TY) Is At $26.65 Formed Wedge; 3 Bullish Analysts Covering Noodles & Company (NDLS)

Sunday 1 July 2018

Tri-Continental (TY) Is At $26.65 Formed Wedge; 3 Bullish Analysts Covering Noodles & Company (NDLS)

Noodles & Company (NASDAQ:NDLS) Logo

Among 7 analysts covering Noodles & Co (NASDAQ:NDLS), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Noodles & Co had 7 analyst reports since January 2, 2018 according to SRatingsIntel. The stock of Noodles & Company (NASDAQ:NDLS) earned “Buy” rating by Citigroup on Thursday, June 21. SunTrust maintained Noodles & Company (NASDAQ:NDLS) rating on Tuesday, January 2. SunTrust has “Hold” rating and $6.0 target. The stock has “Hold” rating by RBC Capital Markets on Thursday, March 15. On Wednesday, March 14 the stock rating was maintained by Jefferies with “Hold”. The stock of Noodles & Company (NASDAQ:NDLS) earned “Buy” rating by C.L. King on Thursday, May 31. The stock of Noodles & Company (NASDAQ:NDLS) earned “Market Perform” rating by BMO Capital Markets on Thursday, March 15. See Noodles & Company (NASDAQ:NDLS) latest ratings:

21/06/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $9 New Target: $13.5 Maintain
31/05/2018 Broker: CL King Rating: Buy New Target: $11.5 Initiates Coverage On
31/05/2018 Broker: C.L. King Rating: Buy New Target: $11.5000 Initiate
15/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $6.0 Maintain
14/03/2018 Broker: Jefferies Rating: Hold New Target: $6.0 Maintain
15/03/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $4 New Target: $5 Maintain
02/01/2018 Broker: SunTrust Rating: Hold New Target: $6.0 Maintain

Tri-Continental Corporation (TY) formed wedge up with $28.52 target or 7.00% above today’s $26.65 share price. Tri-Continental Corporation (TY) has $1.46 billion valuation. The stock increased 0.68% or $0.18 during the last trading session, reaching $26.65. About 19,498 shares traded. Tri-Continental Corporation (NYSE:TY) has risen 13.06% since June 29, 2017 and is uptrending. It has outperformed by 0.49% the S&P500.

Investors sentiment decreased to 0.85 in Q1 2018. Its down 1.15, from 2 in 2017Q4. It fall, as 4 investors sold Noodles & Company shares while 22 reduced holdings. 11 funds opened positions while 11 raised stakes. 20.25 million shares or 1.11% less from 20.48 million shares in 2017Q4 were reported. Timpani Capital Llc reported 180,337 shares. Rhumbline Advisers has invested 0% in Noodles & Company (NASDAQ:NDLS). 13,271 were accumulated by Deutsche Bancorp Ag. National Bank Of America Corp De stated it has 1,596 shares. The Nebraska-based Ameritas Inv Ptnrs Incorporated has invested 0% in Noodles & Company (NASDAQ:NDLS). 187,247 are held by State Street. American Group Incorporated has invested 0% of its portfolio in Noodles & Company (NASDAQ:NDLS). Morgan Stanley owns 0% invested in Noodles & Company (NASDAQ:NDLS) for 42,332 shares. D Scott Neal Incorporated reported 350 shares. 23,653 were reported by Grp One Trading L P. Blackrock owns 0% invested in Noodles & Company (NASDAQ:NDLS) for 830,560 shares. Ims Management has 21,538 shares. 36,214 were reported by National Bank Of Mellon. Us Bancshares De holds 1,011 shares or 0% of its portfolio. Capstone Fincl Inc has 25,000 shares for 0.06% of their portfolio.

Since May 15, 2018, it had 0 insider buys, and 1 insider sale for $71,857 activity. $71,857 worth of Noodles & Company (NASDAQ:NDLS) was sold by DAGGETT SUSAN.

The stock decreased 1.22% or $0.15 during the last trading session, reaching $12.1. About 10,808 shares traded. Noodles & Company (NASDAQ:NDLS) has risen 81.63% since June 29, 2017 and is uptrending. It has outperformed by 69.06% the S&P500. Some Historical NDLS News: 14/03/2018 – NOODLES & CO NDLS.O SEES FY 2018 ADJUSTED SHR LOSS $0.01 TO $+0.03; 10/05/2018 – NOODLES & CO EXECUTIVES COMMENT ON EARNINGS CALL; 10/05/2018 – NOODLES REITERATING 2018 PERFORMANCE TARGETS; 14/03/2018 – NOODLES & CO – QTRLY COMPARABLE RESTAURANT SALES DOWN 0.9% FOR COMPANY-OWNED RESTAURANTS, DOWN 0.9% FOR FRANCHISE RESTAURANTS; 22/05/2018 – Noodles & Co at Royal Bank of Canada Conference May 30; 14/03/2018 – NDLS SEES FY ADJ LOSS/SHR 1.0C TO EPS 3.0C, EST. EPS 4.2C; 02/05/2018 – Noodles & Company Launches Zucchini Noodles Nationwide; 14/03/2018 – Noodles Sees 2018 Rev $440M-$450M; 20/03/2018 – NOODLES & CO CLIMBS 7.3% TO HIGHEST SINCE 2016; 10/05/2018 – Noodles 1Q Rev $110.5M

Noodles & Company develops and operates fast casual restaurants in the United States. The company has market cap of $498.04 million. It offers cooked-to-order dishes, including noodles and pasta, soups, salads, sandwiches, and appetizers. It currently has negative earnings. As of January 3, 2017, the firm operated 532 restaurants comprising 457 company-owned and 75 franchised locations, across 35 states, the District of Columbia, and one Canadian province.

Noodles & Company (NASDAQ:NDLS) Institutional Positions Chart