S&P 500   4,981.80
DOW   38,612.24
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Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
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Massive "Lightning Line" Rollout Underway Across America… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Massive "Lightning Line" Rollout Underway Across America… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Massive "Lightning Line" Rollout Underway Across America… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Self-Made Multimillionaire Reveals the Top Secret of the Ultra-Rich (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Massive "Lightning Line" Rollout Underway Across America… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
NASDAQ:FWRG

First Watch Restaurant Group (FWRG) Stock Price, News & Analysis

$23.90
-0.47 (-1.93%)
(As of 02/21/2024 ET)
Today's Range
$23.63
$24.45
50-Day Range
$18.65
$24.42
52-Week Range
$14.34
$24.70
Volume
479,161 shs
Average Volume
326,520 shs
Market Capitalization
$1.43 billion
P/E Ratio
66.39
Dividend Yield
N/A
Price Target
$22.33

First Watch Restaurant Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
6.6% Downside
$22.33 Price Target
Short Interest
Bearish
13.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.87mentions of First Watch Restaurant Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$407,950 Sold Last Quarter
Proj. Earnings Growth
4.76%
From $0.42 to $0.44 Per Share

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.

0.60 out of 5 stars

Retail/Wholesale Sector

187th out of 201 stocks

Eating Places Industry

38th out of 39 stocks


FWRG stock logo

About First Watch Restaurant Group Stock (NASDAQ:FWRG)

First Watch Restaurant Group, Inc. 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. The company was founded in 1983 and is headquartered in Bradenton, Florida.

FWRG Stock Price History

FWRG Stock News Headlines

Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Wee Cho Yaw, who shaped Singapore bank industry, dies at 95
Barclays Keeps Their Buy Rating on First Watch Restaurant Group (FWRG)
First Watch (FWRG) Acquires Tulsa-Area Franchise Location
What Analysts Are Saying About First Watch Restaurant Gr Stock
Consumer still cares about hospitality: First Watch CEO
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Today
2/21/2024
Next Earnings (Confirmed)
3/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
N/A
Current Symbol
NASDAQ:FWRG
Fax
N/A
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.33
High Stock Price Target
$25.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$6.91 million
Pretax Margin
3.70%

Debt

Sales & Book Value

Annual Sales
$730.16 million
Cash Flow
$0.69 per share
Book Value
$8.84 per share

Miscellaneous

Free Float
57,126,000
Market Cap
$1.43 billion
Optionable
Optionable
Beta
1.07
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Key Executives

  • Mr. Christopher A. Tomasso (Age 54)
    CEO, President & Director
    Comp: $1.22M
  • Mr. Henry Melville Hope IIIMr. Henry Melville Hope III (Age 62)
    CFO & Treasurer
    Comp: $685.25k
  • Mr. Eric Richard Hartman (Age 51)
    Executive VP & Chief Development Officer of First Watch Restaurants, Inc
    Comp: $671.01k
  • Mr. John Daniel Jones (Age 45)
    Chief Operations Officer
  • Mr. Jay Anthony Wolszczak (Age 54)
    Chief Legal Officer, General Counsel & Secretary
  • Ms. Laura Anne Sorensen (Age 50)
    Chief People Officer
    Comp: $549.45k
  • Mr. 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. Rob Conti (Age 54)
    Senior Vice President of Information Technology of First Watch Restaurants Inc
  • Mr. Matt Eisenacher (Age 44)
    Chief Brand Officer














FWRG Stock Analysis - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Watch Restaurant Group in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FWRG shares.
View FWRG analyst ratings
or view top-rated stocks.

What is First Watch Restaurant Group's stock price target for 2024?

6 analysts have issued 12-month target prices for First Watch Restaurant Group's shares. Their FWRG share price targets range from $20.00 to $25.00. On average, they expect the company's stock price to reach $22.33 in the next year. This suggests that the stock has a possible downside of 6.6%.
View analysts price targets for FWRG
or view top-rated stocks among Wall Street analysts.

How have FWRG shares performed in 2024?

First Watch Restaurant Group's stock was trading at $20.10 at the beginning of 2024. Since then, FWRG stock has increased by 18.9% and is now trading at $23.90.
View the best growth stocks for 2024 here
.

Are investors shorting First Watch Restaurant Group?

First Watch Restaurant Group saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 3,350,000 shares, an increase of 24.5% from the January 15th total of 2,690,000 shares. Based on an average daily trading volume, of 293,100 shares, the days-to-cover ratio is currently 11.4 days. Approximately 13.6% of the company's shares are sold short.
View First Watch Restaurant Group's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024.
View our FWRG earnings forecast
.

How can I listen to First Watch Restaurant Group's earnings call?

First Watch Restaurant Group will be holding an earnings conference call on Tuesday, March 5th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) issued its earnings results on Wednesday, November, 1st. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The firm had revenue of $219.20 million for the quarter, compared to the consensus estimate of $216.54 million. First Watch Restaurant Group had a net margin of 2.67% and a trailing twelve-month return on equity of 4.12%. The firm's quarterly revenue was up 17.3% on a year-over-year basis.

When did First Watch Restaurant Group IPO?

(FWRG) raised $175 million in an initial public offering 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 stock is owned by a variety of retail and institutional investors. Top institutional investors include Brown Advisory Inc. (2.47%), The Manufacturers Life Insurance Company (2.35%), Vanguard Group Inc. (2.27%), Gilder Gagnon Howe & Co. LLC (1.80%), Foxhaven Asset Management LP (1.75%) and Dimensional Fund Advisors LP (1.54%). Insiders that own company stock include Calum Alasdair Johns Middleton, Christopher Anthony Tomasso, David Paresky, H Melville Hope III, International Corp/Ma Advent, Michael James White 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.
Compare Top Brokerages Here.

This page (NASDAQ:FWRG) was last updated on 2/22/2024 by MarketBeat.com Staff