First Watch Restaurant Group Inc (NASDAQ: FWRG) is -14.08% lower on its value in year-to-date trading and has touched a low of $12.90 and a high of $24.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FWRG stock was last observed hovering at around $15.33 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $15.99, the stock is -13.00% and -11.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.38 million and changing 4.31% at the moment leaves the stock -9.88% off its SMA200. FWRG registered -36.17% loss for a year compared to 6-month loss of -6.87%.
The stock witnessed a -0.93% gain in the last 1 month and extending the period to 3 months gives it a -25.32%, and is -9.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.61% over the week and 7.18% over the month.
First Watch Restaurant Group Inc (FWRG) has around 15000 employees, a market worth around $974.89M and $1.06B in sales. Current P/E ratio is 91.79 and Fwd P/E is 43.84. Profit margin for the company is 1.03%. Distance from 52-week low is 23.95% and -34.45% from its 52-week high. The company has generated returns on investments over the last 12 months (0.80%).
The EPS is expected to shrink by -46.80% this year
The shares outstanding are 60.97M, and float is at 39.60M with Short Float at 15.35%.
The top institutional shareholder in the company is ADVENT INTERNATIONAL CORP/MA with over 27.19 million shares valued at $477.45 million. The investor’s holdings represent 45.0276 of the FWRG Shares outstanding. As of 2024-06-30, the second largest holder is GILDER GAGNON HOWE & CO LLC with 3.07 million shares valued at $53.87 million to account for 5.0807 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.13 million shares representing 3.5222 and valued at over $37.35 million, while FOXHAVEN ASSET MANAGEMENT, LP holds 3.3452 of the shares totaling 2.02 million with a market value of $35.47 million.
First Watch Restaurant Group Inc (FWRG) Insider Activity
The most recent transaction is an insider sale by HOPE H MELVILLE III, the company’s CFO and Treasurer. SEC filings show that HOPE H MELVILLE III sold 8,013 shares of the company’s common stock on Mar 12 ’25 at a price of $16.81 per share for a total of $0.13 million. Following the sale, the insider now owns 74302.0 shares.
First Watch Restaurant Group Inc disclosed in a document filed with the SEC on Mar 12 ’25 that Wolszczak Jay Anthony (Chief Legal Officer, GC & Secy) sold a total of 5,743 shares of the company’s common stock. The trade occurred on Mar 12 ’25 and was made at $16.81 per share for $96540.0. Following the transaction, the insider now directly holds 37768.0 shares of the FWRG stock.
Still, SEC filings show that on Mar 12 ’25, Hartman Eric Richard (Chief Development Officer) disposed off 3,916 shares at an average price of $16.81 for $65828.0. The insider now directly holds 69,475 shares of First Watch Restaurant Group Inc (FWRG).
