Trade-Ideas: Panera Bread (PNRA) Is Today's Post-Market Leader Stock

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.

Trade-Ideas LLC identified Panera Bread ( PNRA) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Panera Bread as such a stock due to the following factors:

  • PNRA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $68.6 million.
  • PNRA is up 2.4% today from today's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in PNRA with the Ticky from Trade-Ideas. See the FREE profile for PNRA NOW at Trade-Ideas

More details on PNRA:

Panera Bread Company, together with its subsidiaries, owns, operates, and franchises retail bakery-cafes in the United States and Canada. The company operates in three segments: Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. PNRA has a PE ratio of 21.5. Currently there are 9 analysts that rate Panera Bread a buy, 3 analysts rate it a sell, and 8 rate it a hold.

The average volume for Panera Bread has been 539,500 shares per day over the past 30 days. Panera Bread has a market cap of $3.9 billion and is part of the services sector and leisure industry. The stock has a beta of 1.21 and a short float of 9.2% with 6.46 days to cover. Shares are down 17.2% year-to-date as of the close of trading on Friday.

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

If you liked this article you might like

Panera Preparing Nationwide Delivery Service

Amazon Has Something Surprising In Common With Fast Food

Amazon Takes a Big Bite Out of Grocery With Whole Foods Buy