Positive News SentimentPositive NewsNASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free FWRG Stock Alerts $24.62 +0.27 (+1.11%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$24.35▼$24.9550-Day Range$20.03▼$25.4652-Week Range$14.34▼$25.88Volume540,124 shsAverage Volume701,386 shsMarket Capitalization$1.47 billionP/E Ratio60.05Dividend YieldN/APrice Target$26.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get First Watch Restaurant Group alerts: Email Address First Watch Restaurant Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside5.6% Upside$26.00 Price TargetShort InterestBearish13.48% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.52Based on 3 Articles This WeekInsider TradingSelling Shares$170.16 M Sold Last QuarterProj. Earnings Growth32.61%From $0.46 to $0.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.35 out of 5 starsRetail/Wholesale Sector129th out of 205 stocksEating Places Industry28th out of 41 stocks 2.4 Analyst's Opinion Consensus RatingFirst Watch Restaurant Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, First Watch Restaurant Group has a forecasted upside of 5.6% from its current price of $24.62.Amount of Analyst CoverageFirst Watch Restaurant Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted13.48% of the float of First Watch Restaurant Group has been sold short.Short Interest Ratio / Days to CoverFirst Watch Restaurant Group has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in First Watch Restaurant Group has recently increased by 1.44%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFirst Watch Restaurant Group does not currently pay a dividend.Dividend GrowthFirst Watch Restaurant Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWRG. Previous Next 3.1 News and Social Media Coverage News SentimentFirst Watch Restaurant Group has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for First Watch Restaurant Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for FWRG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added First Watch Restaurant Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Watch Restaurant Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,160,841.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of First Watch Restaurant Group is held by insiders.Percentage Held by Institutions96.11% of the stock of First Watch Restaurant Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Watch Restaurant Group are expected to grow by 32.61% in the coming year, from $0.46 to $0.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Watch Restaurant Group is 60.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.68.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 60.05, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.15.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 2.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirst Watch Restaurant Group has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.Read More FWRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FWRG Stock News HeadlinesMarch 16, 2024 | insidertrades.comInsider Selling: First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Insider Sells 1,474 Shares of StockMarch 16, 2024 | insidertrades.comH Melville Hope III Sells 4,502 Shares of First Watch Restaurant Group, Inc. (NASDAQ:FWRG) StockMarch 29, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 13, 2024 | insidertrades.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Insider Sells $1,100,700.00 in StockMarch 20, 2024 | investing.comFirst Watch restaurant group's chief legal officer sells shares worth over $364kMarch 19, 2024 | americanbankingnews.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Given Average Rating of "Moderate Buy" by AnalystsMarch 18, 2024 | finance.yahoo.comFirst Watch Restaurant Group Inc's Chief Legal Officer Sells 15,000 SharesMarch 14, 2024 | finance.yahoo.comFirst Watch Restaurant Group Inc CFO and Treasurer HOPE H MELVILLE III Sells Company SharesMarch 29, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 14, 2024 | finance.yahoo.comFirst Watch Restaurant Group Inc's Chief Development Officer Sells Company SharesMarch 12, 2024 | finance.yahoo.comFirst Watch Restaurant Group Inc Chief Brand Officer Sells 45,000 SharesMarch 12, 2024 | msn.comPopular small-town restaurant in Wisconsin considered a total loss after kitchen fire blazes out of controlMarch 8, 2024 | finance.yahoo.comEarnings Update: Here's Why Analysts Just Lifted Their First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Price Target To US$27.89March 7, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. Announces Secondary Offering of Common StockMarch 7, 2024 | seekingalpha.comFirst Watch Restaurant Group, Inc. (FWRG) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comFirst Watch Restaurant Group Inc Chief Brand Officer Sells 20,000 SharesMarch 6, 2024 | finance.yahoo.comFirst Watch Co-Founder, Longtime CEO and Former Chairman Ken Pendery Passes Away at 70March 6, 2024 | finance.yahoo.comQ4 2023 First Watch Restaurant Group Inc Earnings CallMarch 5, 2024 | msn.comFirst Watch Restaurant GAAP EPS of $0.04 in-line, revenue of $244.6M beats by $7.4MMarch 5, 2024 | msn.comFirst Watch swings to a profit in Q4March 5, 2024 | finance.yahoo.comFirst Watch (NASDAQ:FWRG) Reports Upbeat Q4March 5, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. Reports Strong 2023 Financial Results and Provides 2024 OutlookMarch 4, 2024 | benzinga.comFirst Watch Restaurant Gr's Earnings OutlookMarch 4, 2024 | finance.yahoo.comFirst Watch (FWRG) Reports Earnings Tomorrow. What To ExpectMarch 3, 2024 | finance.yahoo.comFWRG Mar 2024 25.000 putFebruary 21, 2024 | msn.comBig-name S.F. Italian restaurant signs onto buzzy waterfront developmentFebruary 21, 2024 | msn.comPittsburgh restaurant voluntarily closes after health inspector finds sewage in basementSee More Headlines Receive FWRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Watch Restaurant Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Today3/29/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Eating places Sub-IndustryN/A Current SymbolNASDAQ:FWRG CUSIPN/A CIK1789940 Webwww.firstwatch.com Phone941-907-9800FaxN/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Target$26.00 High Stock Price Target$32.00 Low Stock Price Target$22.00 Potential Upside/Downside+5.6%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.41 Trailing P/E Ratio60.05 Forward P/E Ratio53.52 P/E Growth2.24Net Income$25.39 million Net Margins2.85% Pretax Margin4.05% Return on Equity4.62% Return on Assets2.14% Debt Debt-to-Equity Ratio0.21 Current Ratio0.62 Quick Ratio0.57 Sales & Book Value Annual Sales$891.55 million Price / Sales1.65 Cash Flow$1.14 per share Price / Cash Flow21.52 Book Value$9.38 per share Price / Book2.62Miscellaneous Outstanding Shares59,800,000Free Float57,109,000Market Cap$1.47 billion OptionableOptionable Beta1.13 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Christopher A. Tomasso (Age 54)CEO, President & Director Comp: $1.22MMr. Henry Melville Hope III (Age 62)CFO & Treasurer Comp: $685.25kMr. Eric Richard Hartman (Age 51)Executive VP & Chief Development Officer of First Watch Restaurants, Inc Comp: $671.01kMr. John Daniel Jones (Age 45)Chief Operations Officer Mr. Steven Louis Marotta C.F.A.Vice President of Investor RelationsMr. Jay Anthony Wolszczak (Age 54)Chief Legal Officer, General Counsel & Secretary Ms. Laura Anne Sorensen (Age 50)Chief People Officer Comp: $549.45kMr. Shane Schaibly (Age 41)Senior Vice President of Culinary Strategy of First Watch Restaurants Inc Ms. Lilah Rippett (Age 65)Senior Vice President of Supply Chain of First Watch Restaurants, Inc Mr. Rob Conti (Age 54)Senior Vice President of Information Technology of First Watch Restaurants Inc More ExecutivesKey CompetitorsCracker Barrel Old Country StoreNASDAQ:CBRLJack in the BoxNASDAQ:JACKKura Sushi USANASDAQ:KRUSCheesecake FactoryNASDAQ:CAKEPortillo'sNASDAQ:PTLOView All CompetitorsInsiders & InstitutionsAccent Capital Management LLCBought 10,500 shares on 3/19/2024Ownership: 0.018%Matthew EisenacherSold 3,770 sharesTotal: $91,535.60 ($24.28/share)Tricia GlynnSold 6,900,000 sharesTotal: $165.53 M ($23.99/share)Christopher Anthony TomassoSold 121,995 sharesTotal: $2.98 M ($24.45/share)H Melville Hope IIISold 4,502 sharesTotal: $109,983.86 ($24.43/share)View All Insider TransactionsView All Institutional Transactions FWRG Stock Analysis - Frequently Asked Questions Should I buy or sell First Watch Restaurant Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Watch Restaurant Group in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FWRG shares. View FWRG analyst ratings or view top-rated stocks. What is First Watch Restaurant Group's stock price target for 2024? 6 Wall Street research analysts have issued twelve-month price targets for First Watch Restaurant Group's stock. Their FWRG share price targets range from $22.00 to $32.00. On average, they predict the company's share price to reach $26.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View analysts price targets for FWRG or view top-rated stocks among Wall Street analysts. How have FWRG shares performed in 2024? First Watch Restaurant Group's stock was trading at $20.10 at the beginning of 2024. Since then, FWRG shares have increased by 22.5% and is now trading at $24.62. View the best growth stocks for 2024 here. When is First Watch Restaurant Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our FWRG earnings forecast. How were First Watch Restaurant Group's earnings last quarter? First Watch Restaurant Group, Inc. (NASDAQ:FWRG) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.04. The firm earned $244.60 million during the quarter, compared to analysts' expectations of $237.20 million. First Watch Restaurant Group had a trailing twelve-month return on equity of 4.62% and a net margin of 2.85%. First Watch Restaurant Group's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.01) earnings per share. What guidance has First Watch Restaurant Group issued on next quarter's earnings? First Watch Restaurant Group issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. When did First Watch Restaurant Group IPO? First Watch Restaurant Group (FWRG) raised $175 million in an IPO on Friday, October 1st 2021. The company issued 9,459,000 shares at a price of $17.00-$20.00 per share. Who are First Watch Restaurant Group's major shareholders? First Watch Restaurant Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (2.47%), The Manufacturers Life Insurance Company (2.35%), Vanguard Group Inc. (2.27%), Vanguard Group Inc. (2.27%), Gilder Gagnon Howe & Co. LLC (1.80%) and Foxhaven Asset Management LP (1.75%). Insiders that own company stock include Calum Alasdair Johns Middleton, Christopher Anthony Tomasso, David Paresky, Eric Richard Hartman, H Melville Hope III, International Corp/Ma Advent, Matthew Eisenacher, Michael James White, Tricia Glynn and William A Kussell. View institutional ownership trends. How do I buy shares of First Watch Restaurant Group? Shares of FWRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:FWRG) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Watch Restaurant Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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