Top-Rated StocksTop-RatedPositive News SentimentPositive NewsNASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis $17.60 +0.17 (+0.98%) Closing price 08/21/2025 04:00 PM EasternExtended Trading$17.60 0.00 (0.00%) As of 08/21/2025 05:08 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About First Watch Restaurant Group Stock (NASDAQ:FWRG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get FWRG alerts:Sign Up Key Stats Today's Range$16.99▼$17.6350-Day Range$15.02▼$18.8352-Week Range$12.90▼$22.71Volume602,942 shsAverage Volume1.29 million shsMarket Capitalization$1.07 billionP/E Ratio293.38Dividend YieldN/APrice Target$21.09Consensus RatingBuy Company Overview 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 First Watch Restaurant Group Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks73rd Percentile Overall ScoreFWRG MarketRank™: First Watch Restaurant Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 92nd out of 212 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingFirst Watch Restaurant Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFirst Watch Restaurant Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about First Watch Restaurant Group's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth40.63% Earnings GrowthEarnings for First Watch Restaurant Group are expected to grow by 40.63% in the coming year, from $0.32 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Watch Restaurant Group is 293.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.09.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 293.38, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.99.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 6.20. 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 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Watch Restaurant Group's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted13.46% 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 6.3.Change versus previous monthShort interest in First Watch Restaurant Group has recently decreased by 7.72%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted13.46% 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 6.3.Change versus previous monthShort interest in First Watch Restaurant Group has recently decreased by 7.72%, indicating that investor sentiment is improving significantly. News and Social Media2.7 / 5News SentimentN/A News SentimentFirst Watch Restaurant Group has a news sentiment score of 1.88. 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 0.72 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for First Watch Restaurant Group this week, compared to 5 articles on an average week. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $154,650,000.00 in company stock.Percentage Held by InsidersOnly 6.00% 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.Read more about First Watch Restaurant Group's insider trading history. 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 FWRG Stock News HeadlinesFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Major Shareholder International L.P. Advent Sells 5,000,000 SharesAugust 13, 2025 | insidertrades.comFWRG Q2 Deep Dive: Unit Expansion, Traffic Growth, and Margin Headwinds Shape OutlookAugust 13, 2025 | finance.yahoo.comI trusted Trump and got screwedPorter Stansberry says he got one thing wrong—and now millions of Americans could pay the price. After warning about a dangerous flaw in America’s financial system for 15 years, he believed Trump might fix it. Instead, he says the problem has only grown worse. In his new emergency broadcast, Breaking Point, Porter reveals why this flaw may now be irreversible—and how it could gut retirement accounts, trigger mass wealth destruction, and blindside hard-working investors. | Porter & Company (Ad)Wall Street Zen Upgrades First Watch Restaurant Group (NASDAQ:FWRG) to HoldAugust 11, 2025 | americanbankingnews.comFirst Watch Restaurant: Brunch Boom, Earnings On The SideAugust 9, 2025 | seekingalpha.comFirst Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock | FWRG Stock NewsAugust 6, 2025 | gurufocus.comFirst Watch Restaurant Group, Inc. Announces Secondary Offering of Common StockAugust 6, 2025 | gurufocus.comFirst Watch Restaurant Group, Inc. Announces Secondary Offering of Common StockAugust 6, 2025 | globenewswire.comSee More Headlines FWRG Stock Analysis - Frequently Asked Questions How have FWRG shares performed this year? First Watch Restaurant Group's stock was trading at $18.61 on January 1st, 2025. Since then, FWRG stock has decreased by 5.4% and is now trading at $17.60. How were First Watch Restaurant Group's earnings last quarter? First Watch Restaurant Group, Inc. (NASDAQ:FWRG) announced its quarterly earnings data on Tuesday, August, 5th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.04. The company's revenue was up 19.1% compared to the same quarter last year. Read the conference call transcript. 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? Top institutional investors of First Watch Restaurant Group include Advent International L.P. (24.07%), The Manufacturers Life Insurance Company (3.83%), Lazard Asset Management LLC (3.74%) and JPMorgan Chase & Co. (3.63%). Insiders that own company stock include Michael James White, International Corp/Ma Advent, David Paresky, Tricia Glynn, Advent Partners Gpe Viii Limit, International LP Advent, Christopher Anthony Tomasso, H Melville Hope III, Eric Richard Hartman, Jay Anthony Wolszczak, Matthew Eisenacher 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. What other stocks do shareholders of First Watch Restaurant Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Watch Restaurant Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), ServiceNow (NOW), Netflix (NFLX) and Palo Alto Networks (PANW). Company Calendar Last Earnings8/05/2025Today8/21/2025Next Earnings (Estimated)11/06/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry RETAIL - RESTRNTS Sub-IndustryRestaurants, Hotels, Motels Current SymbolNASDAQ:FWRG CIK1789940 Webwww.firstwatch.com Phone941-907-9800FaxN/AEmployees15,000Year FoundedN/APrice Target and Rating Average Price Target for First Watch Restaurant Group$21.09 High Price Target$24.00 Low Price Target$17.00 Potential Upside/Downside+19.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Trailing Twelve Months)$0.06 Trailing P/E Ratio290.50 Forward P/E Ratio55.00 P/E Growth6.2Net Income$18.92 million Net Margins0.37% Pretax Margin0.57% Return on Equity0.69% Return on Assets0.26% Debt Debt-to-Equity Ratio0.42 Current Ratio0.27 Quick Ratio0.23 Sales & Book Value Annual Sales$1.02 billion Price / Sales1.06 Cash Flow$1.29 per share Price / Cash Flow13.67 Book Value$9.85 per share Price / Book1.79Miscellaneous Outstanding Shares61,020,000Free Float57,363,000Market Cap$1.07 billion OptionableOptionable Beta0.91 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.Get This Free Report This page (NASDAQ:FWRG) was last updated on 8/22/2025 by MarketBeat.com Staff From Our PartnersUS attacks China, September 30?The White House just ordered more than 400 government agencies to prepare for the next phase of America’s econ...Stansberry Research | SponsoredOne tiny company just cracked Google’s $19B problemGoogle’s AI-powered search could cost $20 billion a year in electricity—nearly half its profits. But new resea...True Market Insiders | Sponsored[No Brainer Gold Play]: “Show me a better investment.”A Historic Gold Announcement Is About to Rock Wall Street? For months, sharp-eyed analysts have watched the...Golden Portfolio | SponsoredI trusted Trump and got screwedPorter Stansberry says he got one thing wrong—and now millions of Americans could pay the price. 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