First Watch Restaurant Group Inc (NASDAQ:FWRG) shares, rose in value on Friday, March 28, with the stock price down by -2.94% to the previous day’s close as strong demand from buyers drove the stock to $16.86.
Actively observing the price movement in the last trading, the stock closed the session at $17.37, falling within a range of $16.49 and $17.34. The value of beta (5-year monthly) was 0.908 whereas the PE ratio was 55.59 over 12-month period. Referring to stock’s 52-week performance, its high was $25.98, and the low was $12.90. On the whole, FWRG has fluctuated by -19.79% over the past month.
With the market capitalization of First Watch Restaurant Group Inc currently standing at about $1.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-10.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.21B, with a low estimate of 280.2M and a high estimate of 286.4M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 283.38M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FWRG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.76, with the price of FWRG currently trading nearly -3.73% and -12.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.28, while the 7-day volatility ratio is showing 3.96% which for the 30-day chart, stands at 5.62%. Furthermore, First Watch Restaurant Group Inc (FWRG)’s beta value is 0.99, and its average true range (ATR) is 0.91.
A comparison of First Watch Restaurant Group Inc (FWRG) with its peers suggests the former has fared considerably weaker in the market. FWRG showed an intraday change of -2.94% in last session, and over the past year, it shrunk by -30.13%%.
Data on historical trading for First Watch Restaurant Group Inc (NASDAQ:FWRG) indicates that the trading volumes over the past 10 days have averaged 0.78 and over the past 3 months, they’ve averaged 611.11K. According to company’s latest data on outstanding shares, there are 60.70 million shares outstanding.
Nearly 34.45% of First Watch Restaurant Group Inc’s shares belong to company insiders and institutional investors own 81.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.67 million shares as on 2025-03-14, resulting in a short ratio of 7.53. According to the data, the short interest in First Watch Restaurant Group Inc (FWRG) stood at 1762.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.69 million. The stock has fallen by -9.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FWRG stock heading into the next quarter.
