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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:FWRG

First Watch Restaurant Group - FWRG Stock Forecast, Price & News

$15.70
+0.69 (+4.60%)
(As of 11/25/2022 08:57 PM ET)
Add
Compare
Today's Range
$15.08
$16.07
50-Day Range
$14.27
$17.05
52-Week Range
$11.57
$21.49
Volume
344,600 shs
Average Volume
190,692 shs
Market Capitalization
$929.44 million
P/E Ratio
314.06
Dividend Yield
N/A
Price Target
$20.88

First Watch Restaurant Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
33.0% Upside
$20.88 Price Target
Short Interest
Bearish
5.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.86mentions of First Watch Restaurant Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$76.59 M Sold Last Quarter
Proj. Earnings Growth
106.67%
From $0.15 to $0.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Retail/Wholesale Sector

84th out of 219 stocks

Eating Places Industry

16th out of 44 stocks

FWRG stock logo

About First Watch Restaurant Group (NASDAQ:FWRG) Stock

First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of September 7, 2022, it operated 445 restaurants in 28 states 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 headquartered in Bradenton, Florida.

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FWRG Stock News Headlines

First Watch Restaurant Group (NASDAQ:FWRG) Trading Up 4.8%
Why First Watch Stock Fell 21% on Monday Morning
Why First Watch Restaurant Group Tumbled This Week
First Watch Restaurant Group, Inc. Announces...
First Watch Restaurant Group Inc
First Watch: Another Phenomenal Quarter
See More Headlines
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FWRG Company Calendar

Last Earnings
11/08/2021
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/22/2023

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
N/A
Current Symbol
NASDAQ:FWRG
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.88
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+33.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-2,110,000.00
Pretax Margin
1.06%

Debt

Sales & Book Value

Annual Sales
$601.19 million
Cash Flow
$0.53 per share
Book Value
$8.54 per share

Miscellaneous

Free Float
56,773,000
Market Cap
$929.44 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Christopher A. Tomasso (Age 52)
    CEO, Pres & Director
    Comp: $1.33M
  • Mr. Henry Melville Hope IIIMr. Henry Melville Hope III (Age 60)
    CFO & Treasurer
    Comp: $1.05M
  • Mr. Eric Richard Hartman (Age 49)
    Exec. VP & Chief Devel. Officer of First Watch Restaurants, Inc
    Comp: $1.03M
  • Mr. John Daniel Jones (Age 43)
    Chief Operations Officer
  • Mr. Jay Anthony Wolszczak (Age 53)
    Chief Legal Officer, Gen. Counsel & Sec.
  • Mr. Shane Schaibly (Age 39)
    Sr. VP of Culinary Strategy of First Watch Restaurants Inc
  • Ms. Lilah Rippett (Age 63)
    Sr. VP of Supply Chain of First Watch Restaurants, Inc
  • Ms. Laura Anne Sorensen (Age 48)
    Chief People Officer of First Watch Restaurants, Inc
  • Mr. Calum Alasdair-Johnstone Middleton (Age 41)
    Chief Strategy Officer of First Watch Restaurants, Inc
  • Mr. Rob Conti (Age 52)
    Sr. VP of Information Technology of First Watch Restaurants Inc













FWRG Stock - Frequently Asked Questions

Should I buy or sell First Watch Restaurant Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Watch Restaurant Group in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FWRG shares.
View FWRG analyst ratings
or view top-rated stocks.

What is First Watch Restaurant Group's stock price forecast for 2023?

7 analysts have issued 1 year target prices for First Watch Restaurant Group's shares. Their FWRG share price forecasts range from $17.00 to $25.00. On average, they expect the company's stock price to reach $20.88 in the next twelve months. This suggests a possible upside of 33.0% 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 2022?

First Watch Restaurant Group's stock was trading at $16.76 at the beginning of 2022. Since then, FWRG stock has decreased by 6.3% and is now trading at $15.70.
View the best growth stocks for 2022 here
.

When is First Watch Restaurant Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
View our FWRG earnings forecast
.

How were First Watch Restaurant Group's earnings last quarter?

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) issued its earnings results on Monday, November, 8th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The company earned $157.44 million during the quarter, compared to the consensus estimate of $152.27 million. First Watch Restaurant Group had a trailing twelve-month return on equity of 0.53% and a net margin of 0.39%.

What guidance has First Watch Restaurant Group issued on next quarter's earnings?

First Watch Restaurant Group updated its FY 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $721.43 million-$733.46 million, compared to the consensus revenue estimate of $728.35 million.

When did First Watch Restaurant Group IPO?

(FWRG) raised $175 million in an IPO on Friday, October 1st 2021. The company issued 9,459,000 shares at $17.00-$20.00 per share.

What is First Watch Restaurant Group's stock symbol?

First Watch Restaurant Group trades on the NASDAQ under the ticker symbol "FWRG."

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 investors include Federated Hermes Inc. (2.67%), Citadel Advisors LLC (2.47%), Brown Advisory Inc. (1.90%), Neuberger Berman Group LLC (1.58%), RK Capital Management LLC (1.08%) and Vanguard Group Inc. (1.05%). Insiders that own company stock include Calum Alasdair Johns Middleton, H Melville Hope III, International Corp/Ma Advent and Michael James White.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Watch Restaurant Group's stock price today?

One share of FWRG stock can currently be purchased for approximately $15.70.

How much money does First Watch Restaurant Group make?

First Watch Restaurant Group (NASDAQ:FWRG) has a market capitalization of $929.44 million and generates $601.19 million in revenue each year. The company earns $-2,110,000.00 in net income (profit) each year or $0.05 on an earnings per share basis.

How many employees does First Watch Restaurant Group have?

The company employs 10,000 workers across the globe.

How can I contact First Watch Restaurant Group?

The official website for the company is www.firstwatch.com. The company can be reached via phone at 941-907-9800 or via email at firstwatch@icrinc.com.

This page (NASDAQ:FWRG) was last updated on 11/28/2022 by MarketBeat.com Staff