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.
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 |
Want to learn more about ValuEngine? Our methods? Our history?
Check out our video presentation HERE
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