NEW YORK (
) hit a new 52-week high Monday as it is currently trading at $138.80, above its previous 52-week high of $138.58 with 115,132 shares traded as of 9:50 a.m. ET. Average volume has been 569,000 shares over the past 30 days.
Panera Bread has a market cap of $3.83 billion and is part of the
industry. Shares are up 31.5% year to date as of the close of trading on Friday.
Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company has a P/E ratio of 30, below the average leisure industry P/E ratio of 30.5 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Panera Bread as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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