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


The leading market experts have placed a mean price target of $235.86 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 $2.01 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 $217.11, and stock is trading $-9.19 points away or -4.23% from its 50-day moving average of $217.11. Further it is trading $-4.99 or -2.34% away its 200-day moving average of $212.91. Panera Bread Company (NASDAQ:PNRA) 52-week high is $224.15 and the 52-week low is $165.17.

This explains if the stock moves $-16.23, it will post a 52-week high. In event of +25.88% 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 35.19.

The stock last ended the trading session at $207.92 and registered a market cap of $4.90B. 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 2.21.

1 Chart Pattern Every Investor Should Know

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