NASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis $15.23 +0.20 (+1.33%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$14.98▼$15.3050-Day Range$14.59▼$19.8052-Week Range$14.56▼$25.98Volume924,150 shsAverage Volume580,113 shsMarket Capitalization$919.48 millionP/E Ratio40.08Dividend YieldN/APrice Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get First Watch Restaurant Group alerts: Email Address First Watch Restaurant Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside57.6% Upside$24.00 Price TargetShort InterestBearish11.43% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.28Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth43.24%From $0.37 to $0.53 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.3.21 out of 5 starsRetail/Wholesale Sector111th out of 201 stocksEating Places Industry26th out of 41 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 only been the subject of 4 research reports in the past 90 days.Read more about First Watch Restaurant Group's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.43% 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 5.2.Change versus previous monthShort interest in First Watch Restaurant Group has recently decreased by 1.34%, indicating that investor sentiment is improving. 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 2.4 News and Social Media Coverage News SentimentFirst Watch Restaurant Group has a news sentiment score of 0.28. 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 lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 10 news articles for First Watch Restaurant Group this week, compared to 3 articles on an average week.MarketBeat Follows3 people have added First Watch Restaurant Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Watch Restaurant Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Watch Restaurant Group are expected to grow by 43.24% in the coming year, from $0.37 to $0.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Watch Restaurant Group is 40.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 40.08, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.85.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 2.00. 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 1.62. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThis TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.But I can promise that you’ll see all the details for yourself here. 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 HeadlinesJuly 25 at 2:46 AM | americanbankingnews.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives $24.00 Average Price Target from AnalystsJuly 24 at 8:35 AM | msn.comAward-winning chef to open new CT restaurant with globally inspired menuJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 24 at 7:50 AM | investorplace.com3 Russell 2000 Stocks to Buy at a 52-week Low in JulyJuly 24 at 2:59 AM | msn.comFirst Watch opens new Overland Park locationJuly 23 at 8:00 AM | globenewswire.comFirst Watch Restaurant Group, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024July 21, 2024 | msn.comT.F. Green to get 3 new restaurants. First up: Narragansett Beer-themed tavernJuly 21, 2024 | msn.comMonths after its closure, crews take down iconic Blue Flame Restaurant signageJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 18, 2024 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) Price Target Lowered to $24.00 at Bank of AmericaJuly 17, 2024 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) Price Target Cut to $18.00July 3, 2024 | seekingalpha.comFirst Watch Restaurant: The Price For Maintaining PricingJuly 1, 2024 | nasdaq.comDenny’s Stock is a Blue Plate Special for Investors (FWRG)May 29, 2024 | yahoo.comIt was one of the first Fort Worth restaurants for vegan tacos. Now it’s closingMay 22, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. to Participate in Two June Investor ConferencesMay 20, 2024 | investorplace.comFeeling the Pinch: 7 Restaurant Stocks Most at Risk as Consumers Dine Out LessMay 9, 2024 | seekingalpha.comFirst Watch Restaurant: Traffic Slowdown Doesn't Disturb The Growth StoryMay 8, 2024 | finance.yahoo.comQ1 2024 First Watch Restaurant Group Inc Earnings CallSee 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 Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Eating places Sub-IndustryRestaurants, Hotels, Motels Current SymbolNASDAQ:FWRG CUSIPN/A CIK1789940 Webwww.firstwatch.com Phone941-907-9800FaxN/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$32.00 Low Stock Price Target$18.00 Potential Upside/Downside+57.6%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio40.08 Forward P/E Ratio41.16 P/E Growth2Net Income$25.39 million Net Margins2.52% Pretax Margin3.49% Return on Equity4.15% Return on Assets1.89% Debt Debt-to-Equity Ratio0.21 Current Ratio0.60 Quick Ratio0.55 Sales & Book Value Annual Sales$891.55 million Price / Sales1.03 Cash Flow$1.17 per share Price / Cash Flow13.01 Book Value$9.38 per share Price / Book1.62Miscellaneous Outstanding Shares60,370,000Free Float57,354,000Market Cap$919.44 million OptionableOptionable Beta0.88 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 CompetitorsRuth's Hospitality GroupNASDAQ:RUTHBrinker InternationalNYSE:EATSweetgreenNYSE:SGCheesecake FactoryNASDAQ:CAKEArcos DoradosNYSE:ARCOView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 66,449 shares on 7/26/2024Ownership: 0.871%Bank of New York Mellon CorpBought 31,907 shares on 7/26/2024Ownership: 0.172%Legato Capital Management LLCBought 25,382 shares on 7/26/2024Ownership: 0.042%Schwartz Investment Counsel Inc.Bought 19,782 shares on 7/25/2024Ownership: 0.169%Raymond James & AssociatesSold 49,149 shares on 7/19/2024Ownership: 0.374%View All Insider TransactionsView All Institutional Transactions FWRG Stock Analysis - Frequently Asked Questions How have FWRG shares performed this year? First Watch Restaurant Group's stock was trading at $20.10 at the beginning of the year. Since then, FWRG stock has decreased by 24.2% and is now trading at $15.23. View the best growth stocks for 2024 here. How were First Watch Restaurant Group's earnings last quarter? First Watch Restaurant Group, Inc. (NASDAQ:FWRG) posted its quarterly earnings results on Tuesday, May, 7th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. First Watch Restaurant Group's revenue for the quarter was up 14.7% compared to the same quarter last year. 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 top institutional shareholders include Allspring Global Investments Holdings LLC (0.87%), Raymond James & Associates (0.37%), Bank of New York Mellon Corp (0.17%) and Schwartz Investment Counsel Inc. (0.17%). Insiders that own company stock include Michael James White, International Corp/Ma Advent, David Paresky, Tricia Glynn, Christopher Anthony Tomasso, H Melville Hope III, Eric Richard Hartman, Matthew Eisenacher, William A Kussell and Calum Alasdair Johns Middleton. 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. 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