Panera Bread Company Inc. (PNRA): Today's Featured Leisure Laggard

Panera Bread Company ( PNRA) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Panera Bread Company fell $2.59 (-1.4%) to $188.12 on average volume. Throughout the day, 534,923 shares of Panera Bread Company exchanged hands as compared to its average daily volume of 468,600 shares. The stock ranged in price between $186.82-$191.98 after having opened the day at $191.83 as compared to the previous trading day's close of $190.71. Other companies within the Leisure industry that declined today were: Morgans Hotel Group Company ( MHGC), down 4.2%, PokerTek ( PTEK), down 4.1%, Chuy's Holdings ( CHUY), down 3.7% and Melco Crown Entertainment ( MPEL), down 3.1%.

Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company operates three business segments: Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. Panera Bread Company has a market cap of $5.4 billion and is part of the services sector. Shares are up 20.1% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Panera Bread Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Panera Bread Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Ruth's Hospitality Group ( RUTH), up 6.3%, SeaWorld Entertainment ( SEAS), up 5.4%, Multimedia Games ( MGAM), up 4.0% and Nathans Famous ( NATH), up 3.9% , were all gainers within the leisure industry with Las Vegas Sands ( LVS) being today's featured leisure industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Component Stocks Rise After Trump Reverses Decision on ZTE

Component Stocks Rise After Trump Reverses Decision on ZTE