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October 17, 2018

For today's bulletin, we take a look at our latest BUY and STRONG BUY upgrades. We also provide a link to download a FREE STOCK REPORT on Noodles and Co., one of our top upgrades for the day.

VALUATION WATCH: Overvalued stocks now make up 44.49% of our stocks assigned a valuation and 17.2% of those equities are calculated to be overvalued by 20% or more. Ten sectors are calculated to be overvalued.

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--UPGRADES

ValuEngine Upgrades Noodles & Company to STRONG BUY

For today's edition of our upgrade list, we used our website's advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Hanwha Q-Cells, Blueprint Medicines, and Noodles and Co. are rated STRONG BUY. GOL-Linhas and Heritage Crystal are rated BUY.

Ticker
Company Name
Market Price
Valuation
Last 12-M Return
1-M Forecast Return
1-Yr Forecast Return
P/E Ratio
Sector Name
HQCL
HANWHA Q CELLS
9.7
56.59%
25.97%
1.15%
13.83%
N/A
Computer and Technology
BPMC
BLUEPRINT MED
72.07
86.09%
12.33%
1.11%
13.30%
N/A
Medical
NDLS
NOODLES & CO
13.23
28.47%
198.98%
1.09%
13.09%
661.50
Retail-Wholesale
GOL
GOL LINHAS-ADR
8.61
52.89%
-5.76%
0.60%
7.25%
29.69
Transportation
HCCI
HERITAGE-CRYSTL
22.02
15.62%
3.14%
0.60%
7.14%
36.70
Industrial Products

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Today, we take a look at Noodles & Company (NDLS). Noodles & Company is a fast casual restaurant which offers lunch and dinner. It serves noodles, pastas, salads, soups, sandwiches, cheese, meatballs and beverages. The company operates in the United States. Noodles & Company is based in Broomfield, Colorado.

This stock has caught fire lately due to some timely analyst upgrades and a new product that many think will give the company an edge. Noodles is riding the low-carb and paleo craze by providing customers and alternative to high-carb traditional pastas. Many analysts think the company's zucchini noodles--known as "zoodles"--will help differentiate the restaurants and make consumers take notice.

ValuEngine updated its recommendation from BUY to STRONG BUY for NOODLES & CO on 2018-10-16. Based on the information we have gathered and our resulting research, we feel that NOODLES & CO has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Earnings Growth Rate.

You can download a free copy of detailed report on Noodles & Company (NDLS) from the link below.



ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
13.37 1.09%
3-Month
13.54 2.33%
6-Month
13.97 5.62%
1-Year
14.96 13.09%
2-Year
14.77 11.61%
3-Year
14.60 10.36%

Valuation & Rankings
Valuation
28.47% overvalued
Valuation Rank(?)
13
1-M Forecast Return
1.09%
1-M Forecast Return Rank
99
12-M Return
198.98%
Momentum Rank(?)
99
Sharpe Ratio
-0.45
Sharpe Ratio Rank(?)
19
5-Y Avg Annual Return
-25.29%
5-Y Avg Annual Rtn Rank
18
Volatility
56.79%
Volatility Rank(?)
28
Expected EPS Growth
650.00%
EPS Growth Rank(?)
98
Market Cap (billions)
0.37
Size Rank
48
Trailing P/E Ratio
661.50
Trailing P/E Rank(?)
30
Forward P/E Ratio
88.20
Forward P/E Ratio Rank
4
PEG Ratio
1.02
PEG Ratio Rank
39
Price/Sales
0.82
Price/Sales Rank(?)
73
Market/Book
20.38
Market/Book Rank(?)
8
Beta
-0.54
Beta Rank
91
Alpha
1.09
Alpha Rank
99

 

DOWNLOAD A FREE SAMPLE OF OUR NOODLES & COMPANY (NDLS) REPORT BY CLICKING HERE

 

ValuEngine.com is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
Contact ValuEngine at (321) 325-0519 or support@valuengine.com  
Visit www.ValuEngine.com for more information

 

ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine's award-winning stock research.
Contact ValuEngine Capital at info@valuenginecapital.com
Visit www.ValuEngineCapital.com for more information

 

Steve Hach
Senior Editor
ValuEngine.Com

 
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