NASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free FWRG Stock Alerts $22.28 -0.02 (-0.09%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$21.85▼$22.6450-Day Range$22.05▼$25.4652-Week Range$14.74▼$25.88Volume386,498 shsAverage Volume468,900 shsMarket Capitalization$1.35 billionP/E Ratio54.34Dividend 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/Downside16.7% Upside$26.00 Price TargetShort InterestBearish14.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.46Based on 5 Articles This WeekInsider TradingSelling Shares$169.85 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.3.06 out of 5 starsRetail/Wholesale Sector100th out of 197 stocksEating Places Industry23rd out of 40 stocks 3.4 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.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 Shorted14.44% 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 9.4.Change versus previous monthShort interest in First Watch Restaurant Group has recently increased by 7.11%, indicating that investor sentiment is decreasing significantly. 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 2.5 News and Social Media Coverage News SentimentFirst Watch Restaurant Group has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for First Watch Restaurant Group this week, compared to 3 articles on an average week.Search Interest2 people have searched for FWRG on MarketBeat in the last 30 days. This is an increase of 100% 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 $169,852,891.00 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 54.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.51.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 54.34, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.26.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 2.07. 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 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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.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 HeadlinesApril 22, 2024 | msn.comChipotle kicks off Middle East expansion with first Kuwait restaurantApril 22, 2024 | msn.comCapital Region Restaurant Rundown: April 15-19April 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 22, 2024 | yahoo.comThe ‘World’s First NFT Restaurant’ Is Selling Memberships for U.S. Dollars NowApril 16, 2024 | americanbankingnews.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Sees Significant Growth in Short InterestApril 15, 2024 | globenewswire.comFirst Watch Acquires 21 Franchise Restaurants in North CarolinaApril 13, 2024 | americanbankingnews.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives Average Rating of "Moderate Buy" from AnalystsApril 3, 2024 | finance.yahoo.comFirst Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) largest shareholders are private equity firms with 45% ownership, institutions own 44%April 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 2, 2024 | msn.comMarch restaurant news: 2 bankruptcies, 13 openings and 3 closingsApril 2, 2024 | msn.comShould You Invest in Augmedix (AUGX)?March 31, 2024 | msn.comCounty-wide call for back up issued at Trotwood restaurantMarch 30, 2024 | msn.comWhat stores, restaurants are open for Easter 2024?March 20, 2024 | investing.comFirst Watch restaurant group's chief legal officer sells shares worth over $364kMarch 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 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 Q4See 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 Earnings3/05/2024Today4/22/2024Next 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+16.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.41 Trailing P/E Ratio54.34 Forward P/E Ratio48.43 P/E Growth2.07Net 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 / Sales1.51 Cash Flow$1.12 per share Price / Cash Flow19.89 Book Value$9.38 per share Price / Book2.38Miscellaneous Outstanding Shares60,373,000Free Float57,354,000Market Cap$1.35 billion OptionableOptionable Beta1.11 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Christopher A. Tomasso (Age 53)CEO, President & Director Comp: $2.43MMr. Henry Melville Hope III (Age 62)CFO & Treasurer Comp: $983.98kMr. Jay Anthony Wolszczak (Age 54)Chief Legal Officer, General Counsel & Secretary Comp: $1.02MMr. John Daniel Jones (Age 44)Chief Operations Officer Mr. Steven Louis Marotta C.F.A.Vice President of Investor RelationsMs. 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. Eric Richard Hartman (Age 51)Chief Development Officer Comp: $671.01kMr. Rob Conti (Age 54)Senior Vice President of Information Technology of First Watch Restaurants Inc More ExecutivesKey CompetitorsCracker Barrel Old Country StoreNASDAQ:CBRLKura Sushi USANASDAQ:KRUSJack in the BoxNASDAQ:JACKPortillo'sNASDAQ:PTLOCheesecake FactoryNASDAQ:CAKEView All CompetitorsInsiders & InstitutionsRaymond James & AssociatesBought 152,245 shares on 4/22/2024Ownership: 0.456%Allspring Global Investments Holdings LLCBought 1,274 shares on 4/18/2024Ownership: 0.981%Deepwater Asset Management LLCBought 302,878 shares on 4/18/2024Ownership: 0.684%LVW Advisors LLCBought 9,212 shares on 4/18/2024Ownership: 0.015%Sunbelt Securities Inc.Bought 2,622 shares on 4/15/2024Ownership: 0.004%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 year. 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 brokers 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 expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 16.7% 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 start of the year. Since then, FWRG shares have increased by 10.8% and is now trading at $22.28. View the best growth stocks for 2024 here. Are investors shorting First Watch Restaurant Group? First Watch Restaurant Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,520,000 shares, an increase of 7.1% from the March 15th total of 4,220,000 shares. Based on an average daily volume of 480,100 shares, the short-interest ratio is presently 9.4 days. Currently, 14.4% of the company's stock are sold short. View First Watch Restaurant Group's Short Interest. 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) posted its earnings results on Tuesday, March, 5th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.04. The company had revenue of $244.60 million for the quarter, compared to analyst estimates 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 was up 31.7% compared to the same quarter last year. During the same period last year, the company posted ($0.01) earnings per share. What ETF holds First Watch Restaurant Group's stock? First Trust Small Cap Growth AlphaDEX Fund holds 70,084 shares of FWRG stock, representing 0.62% of its portfolio. What guidance has First Watch Restaurant Group issued on next quarter's earnings? First Watch Restaurant Group updated 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 initial public offering (IPO) on Friday, October 1st 2021. The company issued 9,459,000 shares at $17.00-$20.00 per share. Who are First Watch Restaurant Group's major shareholders? First Watch Restaurant Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.98%), Deepwater Asset Management LLC (0.68%), Raymond James & Associates (0.46%), Los Angeles Capital Management LLC (0.07%), LVW Advisors LLC (0.02%) and Sunbelt Securities Inc. (0.00%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressMan Who Predicted 2008: “This Will be Worse.”AltimetryThe #1 Crypto for 2024InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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