Currently, there are 60.70M common shares owned by the public and among those 39.60M shares have been available to trade.
The company’s stock has a 5-day price change of -16.46% and -28.06% over the past three months. FWRG shares are trading -17.62% year to date (YTD), with the 12-month market performance down to -39.36% lower. It has a 12-month low price of $12.90 and touched a high of $25.63 over the same period. FWRG has an average intraday trading volume of 780.38K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -16.42%, -15.20%, and -13.59% respectively.
Institutional ownership of First Watch Restaurant Group Inc (NASDAQ: FWRG) shares accounts for 81.84% of the company’s 60.70M shares outstanding.
It has a market capitalization of $934.65M and a beta (3y monthly) value of 1.01. The stock’s trailing 12-month PE ratio is 50.54, while the earnings-per-share (ttm) stands at $0.30. The company has a PEG of 2.54 and a Quick Ratio of 0.36 with the debt-to-equity ratio at 1.36. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.74% over the week and 7.35% over the month.
Earnings per share for the fiscal year are expected to decrease by -3.78%, and 50.95% over the next financial year.
Looking at the support for the FWRG, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on April 01, 2025, with the firm’s price target at $22. Stephens coverage for the First Watch Restaurant Group Inc (FWRG) stock in a research note released on October 17, 2024 offered a Overweight rating with a price target of $20. The Benchmark Company was of a view on August 27, 2024 that the stock is Buy, while Stifel gave the stock Hold rating on January 04, 2024, issuing a price target of $22- $20. Raymond James on their part issued Strong Buy rating on October 18, 2023.
