First Watch Restaurant Group Inc [FWRG] stock prices are up 6.85% to $17.46 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FWRG shares have gain 7.58% over the last week, with a monthly amount drifted -13.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
First Watch Restaurant Group Inc [NASDAQ: FWRG] stock has seen the most recent analyst activity on October 17, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $20. Previously, The Benchmark Company started tracking the stock with Buy rating on August 27, 2024, and set its price target to $23. On January 04, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $20 on the stock. Raymond James upgraded its rating to a Strong Buy and decreased its price target to $22 on October 18, 2023. Piper Sandler initiated its recommendation with a Overweight and recommended $22 as its price target on July 18, 2023. In a note dated January 27, 2022, Citigroup upgraded an Buy rating on this stock and revised its target price from $24.50 to $22.
The stock price of First Watch Restaurant Group Inc [FWRG] has been fluctuating between $12.90 and $25.98 over the past year. Currently, Wall Street analysts expect the stock to reach $21.33 within the next 12 months. First Watch Restaurant Group Inc [NASDAQ: FWRG] shares were valued at $17.46 at the most recent close of the market. An investor can expect a potential return of 22.16% based on the average FWRG price forecast.
Analyzing the FWRG fundamentals
The First Watch Restaurant Group Inc [NASDAQ:FWRG] reported sales of 1.02B for trailing twelve months, representing a surge of 7.63%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.92 points at the first support level, and at 16.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.75, and for the 2nd resistance point, it is at 18.03.
Ratios To Look Out For
It’s worth pointing out that First Watch Restaurant Group Inc [NASDAQ:FWRG]’s Current Ratio is 0.40. As well, the Quick Ratio is 0.36, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 57.57.
Transactions by insiders
Recent insider trading involved HOPE H MELVILLE III, CFO and Treasurer, that happened on Mar 12 ’25 when 8013.0 shares were sold. Chief Legal Officer, GC & Secy, Wolszczak Jay Anthony completed a deal on Mar 12 ’25 to sell 5743.0 shares. Meanwhile, Chief Development Officer Hartman Eric Richard sold 3916.0 shares on Mar 12 ’25.
