First Watch Restaurant Group Inc (NASDAQ:FWRG) shares traded -0.88% lower at $15.77 on Wall Street last session.
FWRG stock price is now -9.21% away from the 50-day moving average and -11.46% away from the 200-day moving average. The market capitalization of the company currently stands at $961.86M.
With the price target maintained at $22, TD Cowen recently Upgraded its rating from Hold to Buy for First Watch Restaurant Group Inc (NASDAQ: FWRG). On October 17, 2024, Stephens recently initiated its ‘Overweight’ rating on the stock quoting a target price of $20, while ‘The Benchmark Company’ rates the stock as ‘Buy’
In other news, Jemley Charles, Director bought 15,000 shares of the company’s stock on May 12 ’25. The stock was bought for $247,500 at an average price of $16.50. Upon completion of the transaction, the Director now directly owns 23,134 shares in the company, valued at $0.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’25, President and CEO Tomasso Christopher Anthony sold 42,346 shares of the business’s stock. A total of $719,882 was realized by selling the stock at an average price of $17.00. This leaves the insider owning 907,778 shares of the company worth $14.32 million. A total of 34.94% of the company’s stock is owned by insiders.
During the past 12 months, First Watch Restaurant Group Inc has had a low of $12.90 and a high of $22.71. As of last week, the company has a debt-to-equity ratio of 1.41, a current ratio of 0.31, and a quick ratio of 0.27.
The net profit margin was 1.03% and return on equity was 1.86% for FWRG. The company reported revenue of $282.24 million for the quarter, compared to $242.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.41 percent.
