S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent

First Watch Restaurant Group (FWRG) Stock Price, News & Analysis

$24.62
+0.27 (+1.11%)
(As of 03/28/2024 ET)
Today's Range
$24.35
$24.95
50-Day Range
$20.03
$25.46
52-Week Range
$14.34
$25.88
Volume
540,124 shs
Average Volume
701,386 shs
Market Capitalization
$1.47 billion
P/E Ratio
60.05
Dividend Yield
N/A
Price Target
$26.00

First Watch Restaurant Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
5.6% Upside
$26.00 Price Target
Short Interest
Bearish
13.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.52mentions of First Watch Restaurant Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$170.16 M Sold Last Quarter
Proj. Earnings Growth
32.61%
From $0.46 to $0.61 Per Share

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 stars

Retail/Wholesale Sector

129th out of 205 stocks

Eating Places Industry

28th out of 41 stocks

FWRG stock logo

About First Watch Restaurant Group Stock (NASDAQ:FWRG)

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

FWRG Stock Price History

FWRG Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
First Watch swings to a profit in Q4
First Watch (NASDAQ:FWRG) Reports Upbeat Q4
First Watch Restaurant Gr's Earnings Outlook
FWRG Mar 2024 25.000 put
See 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.

Company Calendar

Last Earnings
3/05/2024
Today
3/29/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
N/A
Current Symbol
NASDAQ:FWRG
Fax
N/A
Employees
14,000
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$25.39 million
Pretax Margin
4.05%

Debt

Sales & Book Value

Annual Sales
$891.55 million
Cash Flow
$1.14 per share
Book Value
$9.38 per share

Miscellaneous

Free Float
57,109,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
1.13
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Christopher A. Tomasso (Age 54)
    CEO, President & Director
    Comp: $1.22M
  • Mr. Henry Melville Hope IIIMr. Henry Melville Hope III (Age 62)
    CFO & Treasurer
    Comp: $685.25k
  • Mr. Eric Richard Hartman (Age 51)
    Executive VP & Chief Development Officer of First Watch Restaurants, Inc
    Comp: $671.01k
  • Mr. John Daniel Jones (Age 45)
    Chief Operations Officer
  • Mr. Steven Louis Marotta C.F.A.
    Vice President of Investor Relations
  • Mr. Jay Anthony Wolszczak (Age 54)
    Chief Legal Officer, General Counsel & Secretary
  • Ms. Laura Anne Sorensen (Age 50)
    Chief People Officer
    Comp: $549.45k
  • Mr. 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

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 Partners