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Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
New AI Stock Payouts (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
New AI Stock Payouts (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
New AI Stock Payouts (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
New AI Stock Payouts (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
NASDAQ:FWRG

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

$17.90
-0.41 (-2.24%)
(As of 09/22/2023 ET)
Compare
Today's Range
$17.86
$18.46
50-Day Range
$17.78
$19.98
52-Week Range
$12.75
$20.31
Volume
192,537 shs
Average Volume
446,347 shs
Market Capitalization
$1.07 billion
P/E Ratio
66.30
Dividend Yield
N/A
Price Target
$21.00

First Watch Restaurant Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.3% Upside
$21.00 Price Target
Short Interest
Healthy
3.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.06mentions of First Watch Restaurant Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$7.58 M Sold Last Quarter
Proj. Earnings Growth
22.22%
From $0.36 to $0.44 Per Share

Overall MarketRank

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

2.81 out of 5 stars

Retail/Wholesale Sector

36th out of 209 stocks

Eating Places Industry

11th out of 40 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 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 Price History

FWRG Stock News Headlines

Pentagon Consultant—Here's how Biden Wins Landslide Re-election
—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,
First Watch Names Matt Eisenacher Chief Brand Officer
Pentagon Consultant—Here's how Biden Wins Landslide Re-election
—but also hand Joe Biden a landslide re-election win. What would America look like if we slide further towards Socialism? Full story and 4 steps you can take,
First Watch Restaurant Group (FWRG) Gets a Buy from Barclays
8 Analysts Have This to Say About First Watch Restaurant Gr
See More Headlines
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FWRG Company Calendar

Last Earnings
8/01/2023
Today
9/23/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

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 Forecast
$21.00
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+17.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$6.91 million
Pretax Margin
3.19%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
56,823,000
Market Cap
$1.07 billion
Optionable
Not Optionable
Beta
1.00
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Key Executives

  • Mr. Christopher A. Tomasso (Age 53)
    CEO, Pres & Director
    Comp: $1.22M
  • Mr. Henry Melville Hope IIIMr. Henry Melville Hope III (Age 61)
    CFO & Treasurer
    Comp: $685.25k
  • Mr. Eric Richard Hartman (Age 50)
    Exec. VP & Chief Devel. Officer of First Watch Restaurants, Inc
    Comp: $671.01k
  • Mr. John Daniel Jones (Age 44)
    Chief Operations Officer
  • Mr. Jay Anthony Wolszczak (Age 53)
    Chief Legal Officer, Gen. Counsel & Sec.
  • Ms. Laura Anne Sorensen (Age 49)
    Chief People Officer
  • Mr. Shane Schaibly (Age 40)
    Sr. VP of Culinary Strategy of First Watch Restaurants Inc
  • Ms. Lilah Rippett (Age 64)
    Sr. VP of Supply Chain of First Watch Restaurants, Inc
  • Mr. Rob Conti (Age 53)
    Sr. VP of Information Technology of First Watch Restaurants Inc
  • Mr. Matt Eisenacher (Age 43)
    Chief Brand Officer













FWRG Stock - 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 and 4 buy ratings 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 forecast for 2023?

6 equities research analysts have issued 1 year target prices for First Watch Restaurant Group's stock. Their FWRG share price forecasts range from $17.00 to $24.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 17.3% 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 2023?

First Watch Restaurant Group's stock was trading at $13.53 at the start of the year. Since then, FWRG stock has increased by 32.3% and is now trading at $17.90.
View the best growth stocks for 2023 here
.

Are investors shorting First Watch Restaurant Group?

First Watch Restaurant Group saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 881,000 shares, a decrease of 7.5% from the August 15th total of 952,100 shares. Based on an average daily volume of 336,500 shares, the short-interest ratio is currently 2.6 days. Approximately 3.6% of the shares of the company are short sold.
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 Monday, November 6th 2023.
View our FWRG earnings forecast
.

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

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) posted its quarterly earnings results on Tuesday, August, 1st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.05. The company had revenue of $216.30 million for the quarter, compared to analysts' expectations of $209.65 million. First Watch Restaurant Group had a trailing twelve-month return on equity of 3.18% and a net margin of 2.11%.

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

First Watch Restaurant Group issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $861.59 million-$876.19 million, compared to the consensus revenue estimate of $869.89 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 a price of $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 a number of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (2.41%), The Manufacturers Life Insurance Company (2.06%), BlackRock Inc. (1.63%), Granahan Investment Management LLC (1.33%), Polar Asset Management Partners Inc. (1.28%) and Capital Research Global Investors (1.11%). Insiders that own company stock include Calum Alasdair Johns Middleton, 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 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 $17.90.

How much money does First Watch Restaurant Group make?

First Watch Restaurant Group (NASDAQ:FWRG) has a market capitalization of $1.07 billion and generates $730.16 million in revenue each year. The company earns $6.91 million in net income (profit) each year or $0.27 on an earnings per share basis.

How many employees does First Watch Restaurant Group have?

The company employs 12,000 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 9/24/2023 by MarketBeat.com Staff

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