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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 1.2%. By the end of trading, Panera Bread Company fell $2.70 (-1.6%) to $164.63 on average volume. Throughout the day, 650,216 shares of Panera Bread Company exchanged hands as compared to its average daily volume of 512,000 shares. The stock ranged in price between $164.05-$168.87 after having opened the day at $168.13 as compared to the previous trading day's close of $167.33. Other companies within the Leisure industry that declined today were: Bowl America Incorporated ( BWL.A), down 4.0%, Luby's ( LUB), down 2.9%, Diversified Restaurant Holdings ( BAGR), down 2.7% and Chanticleer Holdings ( HOTR), down 2.4%.

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 $4.6 billion and is part of the services sector. Shares are up 4.0% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Panera Bread Company a buy, 2 analysts rate it a sell, and 9 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, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, MTR Gaming Group ( MNTG), up 13.6%, Good Times Restaurants ( GTIM), up 6.4%, Multimedia Games ( MGAM), up 5.5% and Caesars Entertainment ( CZR), up 5.0% , were all gainers within the leisure industry with Starbucks Corporation ( SBUX) 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.
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