About Panera Bread Company
Panera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with approximately 1,970 Company-owned and franchise-operated bakery-cafe locations in over 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. The Company's menu groups are daily baked goods, including a range of freshly baked bagels, breads, muffins, scones, rolls, and sweet goods, made-to-order sandwiches on freshly baked breads, soups, freshly prepared and hand-tossed salads, pasta dishes, and roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks and smoothies. The Company offers Panera Catering, a catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Specialty Eateries
- Sub-Industry: Restaurants
- Exchange: NASDAQ
- Symbol: PNRA
- CUSIP: 69840W10
- Previous Close: $231.39
- 50 Day Moving Average: $219.24
- 200 Day Moving Average: $208.88
- 52-Week Range: $185.69 - $236.25
- Trailing P/E Ratio: 37.44
- Foreward P/E Ratio: 25.60
- P/E Growth: 1.90
- Market Cap: $5.28B
- Outstanding Shares: 22,819,000
- Beta: 0.31
- Net Margins: 5.21%
- Return on Equity: 42.93%
- Return on Assets: 12.32%
Companies Related to Panera Bread Company:
- Debt-to-Equity Ratio: 1.30%
- Current Ratio: 0.73%
- Quick Ratio: 0.67%
What is Panera Bread Company's stock symbol?
Panera Bread Company trades on the NASDAQ under the ticker symbol "PNRA."
Where is Panera Bread Company's stock going? Where will Panera Bread Company's stock price be in 2017?
25 equities research analysts have issued 1-year target prices for Panera Bread Company's shares. Their forecasts range from $150.00 to $270.00. On average, they expect Panera Bread Company's share price to reach $240.91 in the next year.
When will Panera Bread Company announce their earnings?
Panera Bread Company is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about Panera Bread Company stock?
Here are some recent quotes from research analysts about Panera Bread Company stock:
Canaccord Genuity analysts commented, "We continue to recommend shares of PNRA as we believe the company will continue to gain market share over the next several quarters given numerous catalysts in place (i.e. Panera 2.0, delivery, catering, clean" initiative and menu innovation). We will have additional comments following PNRA’s conference call at 8:30am EST on 2/8/2017. Bullish takeaways: (1) Sales gap to the industry continues to expand as PNRA reported a strong December comp of +4.0% (company stores) vs. the industry down -4.3% (as measured by BBI); (2) Digital utilization rate accelerated to 24% (from 22% last quarter); (3) Delivery is available in 15% of system-wide bakery-cafes (up from 13% last quarter) and is expected to be in 30% to 40% of the system by the end of ’17; (4) Panera 2.0 rollout is mostly complete for company stores; (5) U.S menu and food portfolio is now 100% clean; (6) 2017 guidance (+11% to +14% EPS growth) was slightly better than we expected." (2/8/2017)
According to Zacks Investment Research, "Over the next few years, Panera will continue to invest heavily in its operational capabilities to serve its customers better and strengthen its position in the market. However, these changes are leading to higher general and administrative expenses. Moreover, the company’s aim to make additional unit openings will lead to increased pre-opening costs. Also, high labor costs have increased expenses for Panera, which has more company-owned units and laborers, thereby further hurting margins. Nonetheless, focus on channels like catering and delivery, along with its Panera at Home business, bode well and should drive incremental revenues at the company. We are also positive on the company’s commitment to remove all artificial ingredients from its food items, which should drive its popularity among health-conscious consumers. Yet, a soft consumer spending environment in the U.S. restaurant space might limit revenue growth." (1/5/2017)
Who owns Panera Bread Company stock?
Panera Bread Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (3.00%), State Street Corp (2.48%), Capital Guardian Trust Co. (1.79%), Artisan Partners Limited Partnership (1.47%), William Blair Investment Management LLC (0.98%) and Baird Financial Group Inc. (0.70%). Company insiders that own Panera Bread Company stock include Daniel A Wegiel, Domenic Colasacco, Elizabeth A Dunlap, Kenneth M Koziol, Larry J Franklin, Mark D Wooldridge, Ronald M Shaich, Scott G Blair, William Henry Jr Simpson and William W Moreton.
Who sold Panera Bread Company stock? Who is selling Panera Bread Company stock?
Panera Bread Company's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Calamos Advisors LLC, FMR LLC, Janus Capital Management LLC, William Harris Investors Inc., A.R.T. Advisors LLC and Trexquant Investment LP. Company insiders that have sold Panera Bread Company stock in the last year include Kenneth M Koziol, Mark D Wooldridge, Ronald M Shaich, Scott G Blair, William Henry Jr Simpson and William W Moreton.
Who bought Panera Bread Company stock? Who is buying Panera Bread Company stock?
Panera Bread Company's stock was bought by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, William Blair Investment Management LLC, Baird Financial Group Inc., Russell Investments Group Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Castleark Management LLC, Capital Guardian Trust Co. and Nicholas Co. Inc. WI.
How do I buy Panera Bread Company stock?
Shares of Panera Bread Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Panera Bread Company stock cost?
One share of Panera Bread Company stock can currently be purchased for approximately $231.39.