This trade activity should not be overlooked: First Watch Restaurant Group Inc (FWRG)

With 1.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.9 million shares. The 52-week range on FWRG shows that it touched its highest point at $22.71 and its lowest point at $12.90 during that stretch. It currently has a 1-year price target of $20.91. Beta for the stock currently stands at 1.00.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FWRG was down-trending over the past week, with a drop of -15.17%, but this was down by -10.19% over a month. Three-month performance dropped to -24.90% while six-month performance fell -9.83%. The stock lost -26.69% in the past year, while it has lost -15.26% so far this year. A look at the trailing 12-month EPS for FWRG yields 0.17 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.07. This implies an EPS growth rate of -47.45% for this year and 124.15% for next year.

Float and Shares Shorts:

At present, 60.97 million FWRG shares are outstanding with a float of 39.61 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FWRG since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.35719 being high and $0.29766 being low. For FWRG, this leads to a yearly average estimate of $0.3175.