On Monday, First Watch Restaurant Group Inc (NASDAQ: FWRG) was 3.84% up from the session before settling in for the closing price of $16.94. A 52-week range for FWRG has been $12.90 – $25.98.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 24.40%. When this article was written, the company’s average yearly earnings per share was at -20.90%. With a float of $32.18 million, this company’s outstanding shares have now reached $59.89 million.
The extent of productivity of a business whose workforce counts for 14000 workers is very important to gauge. In terms of profitability, gross margin is 18.63%, operating margin of 4.75%, and the pretax margin is 3.73%.
First Watch Restaurant Group Inc (FWRG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Watch Restaurant Group Inc stocks. The insider ownership of First Watch Restaurant Group Inc is 46.74%, while institutional ownership is 63.53%. The most recent insider transaction that took place on Sep 19 ’24, was worth 632,382. Before that another transaction happened on Aug 27 ’24, when Company’s Director proposed sale 9,528 for $17.17, making the entire transaction worth $163,606.
First Watch Restaurant Group Inc (FWRG) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.09 earnings per share (EPS) during the time that was better than consensus figure (set at 0.04) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.90% per share during the next fiscal year.
First Watch Restaurant Group Inc (NASDAQ: FWRG) Trading Performance Indicators
You can see what First Watch Restaurant Group Inc (FWRG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.39, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of First Watch Restaurant Group Inc (FWRG)
The latest stats from [First Watch Restaurant Group Inc, FWRG] show that its last 5-days average volume of 0.61 million was superior to 0.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.46%. Additionally, its Average True Range was 0.64.
During the past 100 days, First Watch Restaurant Group Inc’s (FWRG) raw stochastic average was set at 73.17%, which indicates a significant decrease from 98.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.56% in the past 14 days, which was higher than the 46.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.71, while its 200-day Moving Average is $19.34. Now, the first resistance to watch is $17.77. This is followed by the second major resistance level at $17.95. The third major resistance level sits at $18.25. If the price goes on to break the first support level at $17.29, it is likely to go to the next support level at $16.99. Assuming the price breaks the second support level, the third support level stands at $16.81.
First Watch Restaurant Group Inc (NASDAQ: FWRG) Key Stats
There are 60,373K outstanding shares of the company, which has a market capitalization of 1.06 billion. As of now, sales total 891,550 K while income totals 25,390 K. Its latest quarter income was 258,560 K while its last quarter net income were 8,900 K.
