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T   14.82 (-1.33%)
F   12.25 (-1.37%)
MU   67.62 (-0.60%)
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PFE   33.56 (+1.18%)
PYPL   58.12 (-0.58%)
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NASDAQ:FWRG

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

$17.43
+0.14 (+0.81%)
(As of 01:21 PM ET)
Compare
Today's Range
$17.23
$17.49
50-Day Range
$16.92
$19.98
52-Week Range
$12.75
$20.31
Volume
82,068 shs
Average Volume
269,844 shs
Market Capitalization
$1.04 billion
P/E Ratio
64.56
Dividend Yield
N/A
Price Target
$21.00

First Watch Restaurant Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
21.2% Upside
$21.00 Price Target
Short Interest
Healthy
3.93% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of First Watch Restaurant Group in the last 14 days
Based on 3 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.

2.50 out of 5 stars

Retail/Wholesale Sector

51st out of 216 stocks

Eating Places Industry

14th 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

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First Watch Names Matt Eisenacher Chief Brand Officer
The World's First "$20 Trillion Drug
?" One small biotech holds the key to a revolution in treating Alzheimer's disease. Jeff Bezos, Goldman Sachs & Big Pharma giants have invested billions into this unknown biotech. Our research proves that anyone who gets in today could see 113,000% gains! Get the name of the stock here >>>
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
10/02/2023
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
+21.2%
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
$0.70 per share
Book Value
$8.84 per share

Miscellaneous

Free Float
56,823,000
Market Cap
$1.03 billion
Optionable
Not Optionable
Beta
1.03
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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 equities 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 equities 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 Wall Street research analysts have issued 1-year target prices for First Watch Restaurant Group's shares. Their FWRG share price forecasts range from $17.00 to $24.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 21.2% 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 shares have increased by 28.1% and is now trading at $17.33.
View the best growth stocks for 2023 here
.

Are investors shorting First Watch Restaurant Group?

First Watch Restaurant Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 962,900 shares, an increase of 9.3% from the August 31st total of 881,000 shares. Based on an average daily trading volume, of 366,900 shares, the days-to-cover ratio is presently 2.6 days. Approximately 3.9% of the company's shares 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) released its quarterly earnings data on Tuesday, August, 1st. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.08 by $0.05. The business earned $216.30 million during the quarter, compared to analysts' expectations of $209.65 million. First Watch Restaurant Group had a net margin of 2.11% and a trailing twelve-month return on equity of 3.18%.

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

First Watch Restaurant Group updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share 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 initial public offering (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."

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 $17.33.

How much money does First Watch Restaurant Group make?

First Watch Restaurant Group (NASDAQ:FWRG) has a market capitalization of $1.03 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 10/2/2023 by MarketBeat.com Staff

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