Stock To Watch: Panera Bread Company (NASDAQ:PNRA)


The leading market experts have placed a mean price target of $234.50 on Panera Bread Company (NASDAQ:PNRA) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.39 a share for the upcoming quarter and $6.69 for the current fiscal. Technical View The technical analysis of Panera Bread Company plainly substantiates that the 50-day moving average of Panera Bread Company is $214.16, and stock is hovering 0.70 or +0.33% distant from $214.16. It is noted that the 200-day MA is $203.17, and Panera Bread Company stock is $11.69 or +5.75% off from this point. Panera Bread Company (NASDAQ:PNRA) 52-week high is $221.44 and the 52-week low is $165.17. This explains if the stock moves $-6.58, it will post a 52-week high. In event of $+30.08% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Panera Bread Company, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Panera Bread Company (NASDAQ:PNRA) ratio came in at 35.50. The stock last ended the trading session at $214.86 and registered a market cap of $5.18B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Panera Bread Company (NASDAQ:PNRA) PEG ratio is at 2.15.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 5 times, 1 visits today)