First Watch Restaurant Group (FWRG) to Release Quarterly Earnings on Tuesday

First Watch Restaurant Group (NASDAQ:FWRG) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Tuesday, August 5th. Analysts expect First Watch Restaurant Group to post earnings of $0.09 per share and revenue of $304.94 million for the quarter. First Watch Restaurant Group has set its FY 2025 guidance at EPS.

First Watch Restaurant Group (NASDAQ:FWRG) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.05). First Watch Restaurant Group had a net margin of 1.03% and a return on equity of 1.84%. The company had revenue of $282.24 million for the quarter, compared to analysts’ expectations of $282.98 million. During the same quarter in the previous year, the business posted $0.12 EPS. The business’s quarterly revenue was up 16.4% on a year-over-year basis. On average, analysts expect First Watch Restaurant Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

First Watch Restaurant Group Price Performance

Shares of First Watch Restaurant Group stock opened at $16.78 on Friday. The company has a quick ratio of 0.27, a current ratio of 0.31 and a debt-to-equity ratio of 0.32. First Watch Restaurant Group has a twelve month low of $12.90 and a twelve month high of $22.71. The business has a 50-day moving average price of $16.41 and a 200 day moving average price of $17.78. The firm has a market cap of $1.02 billion, a PE ratio of 98.71, a P/E/G ratio of 4.73 and a beta of 0.91.

Insider Activity at First Watch Restaurant Group

In related news, major shareholder International L.P. Advent sold 4,500,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $14.70, for a total value of $66,150,000.00. Following the sale, the insider owned 14,689,784 shares of the company’s stock, valued at approximately $215,939,824.80. This represents a 23.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Watch Restaurant Group stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 31.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,766 shares of the company’s stock after purchasing an additional 5,497 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in First Watch Restaurant Group were worth $379,000 at the end of the most recent reporting period. 96.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on FWRG. Bank of America cut their price objective on First Watch Restaurant Group from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, July 18th. Stephens dropped their price target on First Watch Restaurant Group from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Wednesday, May 7th. Benchmark dropped their price target on First Watch Restaurant Group from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, May 7th. Stifel Nicolaus set a $17.00 price target on First Watch Restaurant Group in a research report on Wednesday, May 7th. Finally, Raymond James Financial upped their price target on First Watch Restaurant Group from $21.00 to $22.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 17th. Eight investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $20.82.

First Watch Restaurant Group Company Profile

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.