On Friday, First Watch Restaurant Group Inc (NASDAQ: FWRG) opened lower -3.75% from the last session, before settling in for the closing price of $18.93. Price fluctuations for FWRG have ranged from $12.90 to $25.98 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 24.40% annually for the last half of the decade. Company’s average yearly earnings per share was noted -25.47% at the time writing. With a float of $32.25 million, this company’s outstanding shares have now reached $59.89 million.
In an organization with 14000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.78%, operating margin of 4.45%, and the pretax margin is 3.29%.
First Watch Restaurant Group Inc (FWRG) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of First Watch Restaurant Group Inc is 46.75%, while institutional ownership is 63.33%. The most recent insider transaction that took place on Nov 13 ’24, was worth 158,080,000. In this transaction 10% Owner of this company sold 8,000,000 shares at a rate of $19.76, taking the stock ownership to the 19,189,784 shares. Before that another transaction happened on Nov 13 ’24, when Company’s 10% Owner sold 8,000,000 for $19.76, making the entire transaction worth $158,080,000. This insider now owns 19,189,784 shares in total.
First Watch Restaurant Group Inc (FWRG) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.04) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.47% per share during the next fiscal year.
First Watch Restaurant Group Inc (NASDAQ: FWRG) Trading Performance Indicators
Check out the current performance indicators for First Watch Restaurant Group Inc (FWRG). In the past quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of First Watch Restaurant Group Inc (FWRG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.87 million. That was better than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.85%. Additionally, its Average True Range was 0.96.
During the past 100 days, First Watch Restaurant Group Inc’s (FWRG) raw stochastic average was set at 58.40%, which indicates a significant increase from 28.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.34% in the past 14 days, which was higher than the 53.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.26, while its 200-day Moving Average is $19.19. However, in the short run, First Watch Restaurant Group Inc’s stock first resistance to watch stands at $18.80. Second resistance stands at $19.39. The third major resistance level sits at $19.72. If the price goes on to break the first support level at $17.88, it is likely to go to the next support level at $17.55. The third support level lies at $16.96 if the price breaches the second support level.
First Watch Restaurant Group Inc (NASDAQ: FWRG) Key Stats
There are currently 60,570K shares outstanding in the company with a market cap of 1.06 billion. Presently, the company’s annual sales total 891,550 K according to its annual income of 25,390 K. Last quarter, the company’s sales amounted to 251,610 K and its income totaled 2,110 K.
