First Watch Restaurant Group Inc (NASDAQ: FWRG) has a higher price-to-earnings ratio of 61.73x compared to its average ratio, The 36-month beta value for FWRG is at 0.92. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FWRG is 40.32M, and currently, shorts hold a 11.54% of that float. The average trading volume for FWRG on February 21, 2025 was 561.27K shares.
FWRG) stock’s latest price update
The stock price of First Watch Restaurant Group Inc (NASDAQ: FWRG) has plunged by -3.54 when compared to previous closing price of 21.44, but the company has seen a 6.05% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-21 that First Watch is a unique, fast-growing family dining chain with a focus on breakfast, brunch, and lunch, avoiding discounts and maintaining high unit-level margins. Despite industry recovery, First Watch’s same-store sales fell 0.3% in Q4 FY 2024, with traffic declining 3% year-over-year, raising concerns about future growth. The chain’s valuation appears stretched, trading at a P/E of 41.67, significantly above the industry median, making it potentially overvalued compared to peers.
FWRG’s Market Performance
First Watch Restaurant Group Inc (FWRG) has experienced a 6.05% rise in stock performance for the past week, with a 9.30% rise in the past month, and a 13.50% rise in the past quarter. The volatility ratio for the week is 5.53%, and the volatility levels for the past 30 days are at 4.56% for FWRG. The simple moving average for the last 20 days is -0.65% for FWRG stock, with a simple moving average of 15.95% for the last 200 days.
Analysts’ Opinion of FWRG
Many brokerage firms have already submitted their reports for FWRG stocks, with Stephens repeating the rating for FWRG by listing it as a “Overweight.” The predicted price for FWRG in the upcoming period, according to Stephens is $20 based on the research report published on October 17, 2024 of the previous year 2024.
The Benchmark Company, on the other hand, stated in their research note that they expect to see FWRG reach a price target of $23. The rating they have provided for FWRG stocks is “Buy” according to the report published on August 27th, 2024.
Stifel gave a rating of “Hold” to FWRG, setting the target price at $20 in the report published on January 04th of the previous year.
FWRG Trading at 4.70% from the 50-Day Moving Average
After a stumble in the market that brought FWRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.40% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 5.53%, as shares surge +9.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.35% upper at present.
During the last 5 trading sessions, FWRG rose by +6.05%, which changed the moving average for the period of 200-days by -18.20% in comparison to the 20-day moving average, which settled at $20.82. In addition, First Watch Restaurant Group Inc saw 11.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FWRG starting from Advent Partners GPE VIII Limit, who sale 8,000,000 shares at the price of $19.76 back on Nov 13 ’24. After this action, Advent Partners GPE VIII Limit now owns 19,189,784 shares of First Watch Restaurant Group Inc, valued at $158,080,000 using the latest closing price.
Advent International GPE VIII-, the 10% Owner of First Watch Restaurant Group Inc, sale 8,000,000 shares at $19.76 during a trade that took place back on Nov 13 ’24, which means that Advent International GPE VIII- is holding 19,189,784 shares at $158,080,000 based on the most recent closing price.
Stock Fundamentals for FWRG
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.19 for the gross margin
The net margin for First Watch Restaurant Group Inc stands at 0.02. The total capital return value is set at 0.03. Equity return is now at value 3.64, with 1.55 for asset returns.
Based on First Watch Restaurant Group Inc (FWRG), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is 3.8.
Currently, EBITDA for the company is 85.36 million with net debt to EBITDA at 7.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.99. The receivables turnover for the company is 202.2for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
In conclusion, First Watch Restaurant Group Inc (FWRG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
