In today’s recent session, 1.89 million shares of the First Watch Restaurant Group Inc (NASDAQ:FWRG) have been traded, and its beta is 1.01. Most recently the company’s share price was $13.74, and it changed around -$4.87 or -26.17% from the last close, which brings the market valuation of the company to $837.71M. FWRG at last check was trading at a discount to its 52-week high of $25.63, offering almost -86.54% off that amount. The share price’s 52-week low was $12.90, which indicates that the recent value has risen by an impressive 6.11% since then.
First Watch Restaurant Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.30. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended FWRG as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. First Watch Restaurant Group Inc is expected to report earnings per share of 0.15 for the current quarter.
First Watch Restaurant Group Inc (NASDAQ:FWRG) trade information
Instantly FWRG has been showing red trend so far today with a performance of -26.17% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 18.96 on recent trading dayincreased the stock’s daily price by 27.53%. The company’s shares are currently down -26.17% year-to-date, but still down -25.12% over the last five days. On the other hand, First Watch Restaurant Group Inc (NASDAQ:FWRG) is -15.86% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 40.26% from its current value. Analyst projections state that FWRG is forecast to be at a low of $21 and a high of $24.
First Watch Restaurant Group Inc (FWRG) estimates and forecasts
The year-over-year growth rate is expected to be 19.42%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 306.95M in revenue for the current quarter. 9 analysts expect First Watch Restaurant Group Inc to make 304.33M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 258.56M and 251.61M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 18.71%. Forecasts for the next quarter put sales growth at 20.96%.
First Watch Restaurant Group Inc earnings are expected to increase by 15.35% in 2025, but the outlook is positive 30.85% per year for the next five years.
FWRG Dividends
First Watch Restaurant Group Inc’s next quarterly earnings report is expected to be released in June.
GILDER GAGNON HOWE & CO LLC, with 5.0807% or 3.07 million shares worth $53.87 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
John Hancock Investment Trust-John Hancock Small Cap Core Fund and JPMorgan Trust II-JPMorgan Small Cap Growth Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 1.43 shares worth $19.84 million, making up 2.35% of all outstanding shares. On the other hand, JPMorgan Trust II-JPMorgan Small Cap Growth Fund held roughly 1.26 shares worth around $17.42 million, which represents about 2.06% of the total shares outstanding.