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

Key Points

• First Watch Restaurant Group is expected to release its Q2 2025 earnings on August 5th, with analysts predicting earnings of $0.09 per share and revenue of $304.94 million for the quarter.
• In the previous quarter, the company reported a loss of ($0.01) EPS and revenue of $282.24 million, missing analyst estimates.
• Eight analysts have rated First Watch Restaurant Group with a "buy" rating, and the stock has an average target price of $20.91.

First Watch Restaurant Group (NASDAQ:FWRG - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Tuesday, August 5th. Analysts expect the company to announce 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 - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05). The business had revenue of $282.24 million during the quarter, compared to the consensus estimate of $282.98 million. First Watch Restaurant Group had a return on equity of 1.84% and a net margin of 1.03%. First Watch Restaurant Group's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. 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 Stock Performance

Shares of First Watch Restaurant Group stock traded down $0.52 during trading hours on Friday, reaching $16.77. 721,875 shares of the stock traded hands, compared to its average volume of 791,319. The company has a 50 day moving average price of $16.39 and a 200 day moving average price of $17.80. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 98.50, a P/E/G ratio of 4.91 and a beta of 0.90. First Watch Restaurant Group has a one year low of $12.90 and a one year high of $22.71. The company has a quick ratio of 0.27, a current ratio of 0.31 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

FWRG has been the topic of a number of research analyst reports. Benchmark lowered their price target on First Watch Restaurant Group from $26.00 to $22.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Bank of America lowered their price target on First Watch Restaurant Group from $23.00 to $21.00 and set a "buy" rating on the stock in a report on Friday, July 18th. Piper Sandler decreased their price objective on First Watch Restaurant Group from $23.00 to $20.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. Barclays upped their price objective on First Watch Restaurant Group from $20.00 to $21.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, TD Securities reaffirmed a "buy" rating and set a $19.00 price objective on shares of First Watch Restaurant Group in a report on Wednesday, June 4th. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $20.82.

Insider Activity

In other First Watch Restaurant Group news, major shareholder International L.P. Advent sold 4,500,000 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $14.70, for a total transaction of $66,150,000.00. Following the sale, the insider owned 14,689,784 shares in the company, valued at $215,939,824.80. This represents a 23.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.00% of the company's stock.

Institutional Trading of First Watch Restaurant Group

An institutional investor recently raised its position in First Watch Restaurant Group stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in First Watch Restaurant Group, Inc. (NASDAQ:FWRG - Free Report) by 31.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,766 shares of the company's stock after purchasing an additional 5,497 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in First Watch Restaurant Group were worth $379,000 at the end of the most recent quarter. 96.11% of the stock is currently owned by hedge funds and other institutional investors.

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.