In the last trading session, 1.17 million First Watch Restaurant Group Inc (NASDAQ:FWRG) shares changed hands as the company’s beta touched 0.91. With the company’s per share price at $17.2 changed hands at $1.16 or 7.23% during last session, the market valuation stood at $1.05B. FWRG’s last price was a discount, traded about -32.03% off its 52-week high of $22.71. The share price had its 52-week low at $12.90, which suggests the last value was 25.0% up since then. When we look at First Watch Restaurant Group Inc’s average trading volume, we note the 10-day average is 1.0 million shares, with the 3-month average coming to 987.65K.

Analysts gave the First Watch Restaurant Group Inc (FWRG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.27. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 0 recommended FWRG as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.

First Watch Restaurant Group Inc (NASDAQ:FWRG) trade information

Instantly FWRG was in green as seen at the end of in last trading. With action 10.82%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -2.27%, with the 5-day performance at 10.82% in the green. However, in the 30-day time frame, First Watch Restaurant Group Inc (NASDAQ:FWRG) is 11.40% up. Looking at the short shares, we see there were 5.46 million shares sold at short interest cover period of 6.52 days.

The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 18.1% from its current market value. According to analyst projections, FWRG’s forecast low is 17 with 24 as the target high. To hit the forecast high, the stock’s price needs a -39.53% plunge from its current level, while the stock would need to tank 1.16% for it to hit the projected low.

The 2025 estimates are for First Watch Restaurant Group Inc earnings to decrease by -47.78%, but the outlook for the next 5-year period is at 12.54% per year.

FWRG Dividends

First Watch Restaurant Group Inc is expected to release its next quarterly earnings report on 2025-May-06.

First Watch Restaurant Group Inc (NASDAQ:FWRG)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.29% of First Watch Restaurant Group Inc shares while 112.15% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 114.78%. There are 112.15% institutions holding the First Watch Restaurant Group Inc stock share, with ADVENT INTERNATIONAL CORP/MA the top institutional holder. As of 2024-06-30, the company held 45.0276% of the shares, roughly 27.19 million FWRG shares worth $477.45 million.

GILDER GAGNON HOWE & CO LLC holds the second largest percentage of outstanding shares, with 5.0807% or 3.07 million shares worth $53.87 million as of 2024-06-30.