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First Watch Restaurant Group (FWRG) Competitors

First Watch Restaurant Group logo
$11.70 -0.41 (-3.39%)
As of 04:00 PM Eastern

FWRG vs. SHAK, WING, CHA, ARCO, and WEN

Should you buy First Watch Restaurant Group stock or one of its competitors? First Watch Restaurant Group's main competitors and comparable companies include Shake Shack (SHAK), Wingstop (WING), Chagee (CHA), Arcos Dorados (ARCO), and Wendy's (WEN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "restaurants" industry.

How does First Watch Restaurant Group compare to Shake Shack?

First Watch Restaurant Group (NASDAQ:FWRG) and Shake Shack (NYSE:SHAK) are both consumer discretionary companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, profitability, institutional ownership, valuation, media sentiment, dividends, analyst recommendations and risk.

Shake Shack has a net margin of 2.56% compared to First Watch Restaurant Group's net margin of 1.35%. Shake Shack's return on equity of 9.29% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
First Watch Restaurant Group1.35% 2.85% 1.01%
Shake Shack 2.56%9.29%2.71%

First Watch Restaurant Group has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market. Comparatively, Shake Shack has a beta of 1.66, meaning that its stock price is 66% more volatile than the broader market.

First Watch Restaurant Group presently has a consensus price target of $18.56, suggesting a potential upside of 58.59%. Shake Shack has a consensus price target of $89.74, suggesting a potential upside of 29.33%. Given First Watch Restaurant Group's stronger consensus rating and higher probable upside, equities research analysts plainly believe First Watch Restaurant Group is more favorable than Shake Shack.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Watch Restaurant Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Shake Shack
1 Sell rating(s)
11 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.52

In the previous week, Shake Shack had 1 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 8 mentions for Shake Shack and 7 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 1.18 beat Shake Shack's score of 0.16 indicating that First Watch Restaurant Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Watch Restaurant Group
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shake Shack
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

96.1% of First Watch Restaurant Group shares are owned by institutional investors. Comparatively, 86.1% of Shake Shack shares are owned by institutional investors. 6.1% of First Watch Restaurant Group shares are owned by insiders. Comparatively, 8.3% of Shake Shack shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Shake Shack has higher revenue and earnings than First Watch Restaurant Group. First Watch Restaurant Group is trading at a lower price-to-earnings ratio than Shake Shack, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Watch Restaurant Group$1.32B0.55$19.43M$0.2940.34
Shake Shack$1.45B2.05$45.72M$0.9473.82

Summary

Shake Shack beats First Watch Restaurant Group on 12 of the 17 factors compared between the two stocks.

How does First Watch Restaurant Group compare to Wingstop?

Wingstop (NASDAQ:WING) and First Watch Restaurant Group (NASDAQ:FWRG) are both consumer discretionary companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, risk, valuation, analyst recommendations, media sentiment and institutional ownership.

In the previous week, Wingstop had 6 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 13 mentions for Wingstop and 7 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 1.18 beat Wingstop's score of 0.99 indicating that First Watch Restaurant Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wingstop
9 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
First Watch Restaurant Group
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Wingstop has a net margin of 16.15% compared to First Watch Restaurant Group's net margin of 1.35%. First Watch Restaurant Group's return on equity of 2.85% beat Wingstop's return on equity.

Company Net Margins Return on Equity Return on Assets
Wingstop16.15% -16.31% 18.05%
First Watch Restaurant Group 1.35%2.85%1.01%

Wingstop presently has a consensus target price of $241.81, indicating a potential upside of 119.27%. First Watch Restaurant Group has a consensus target price of $18.56, indicating a potential upside of 58.59%. Given Wingstop's higher possible upside, equities analysts clearly believe Wingstop is more favorable than First Watch Restaurant Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wingstop
2 Sell rating(s)
5 Hold rating(s)
22 Buy rating(s)
2 Strong Buy rating(s)
2.77
First Watch Restaurant Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

96.1% of First Watch Restaurant Group shares are held by institutional investors. 0.5% of Wingstop shares are held by insiders. Comparatively, 6.1% of First Watch Restaurant Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Wingstop has higher earnings, but lower revenue than First Watch Restaurant Group. Wingstop is trading at a lower price-to-earnings ratio than First Watch Restaurant Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wingstop$696.85M4.31$174.27M$4.2126.19
First Watch Restaurant Group$1.32B0.55$19.43M$0.2940.34

Wingstop has a beta of 1.79, indicating that its stock price is 79% more volatile than the broader market. Comparatively, First Watch Restaurant Group has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market.

Summary

Wingstop beats First Watch Restaurant Group on 10 of the 17 factors compared between the two stocks.

How does First Watch Restaurant Group compare to Chagee?

Chagee (NASDAQ:CHA) and First Watch Restaurant Group (NASDAQ:FWRG) are both consumer discretionary companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, earnings, profitability, risk, analyst recommendations, valuation, institutional ownership and dividends.

Chagee has a net margin of 10.23% compared to First Watch Restaurant Group's net margin of 1.35%. Chagee's return on equity of 16.43% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Chagee10.23% 16.43% 11.39%
First Watch Restaurant Group 1.35%2.85%1.01%

In the previous week, Chagee had 1 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 8 mentions for Chagee and 7 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 1.18 beat Chagee's score of 0.40 indicating that First Watch Restaurant Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Chagee
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Watch Restaurant Group
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Chagee has a beta of 1.6, indicating that its stock price is 60% more volatile than the broader market. Comparatively, First Watch Restaurant Group has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market.

Chagee has higher revenue and earnings than First Watch Restaurant Group. Chagee is trading at a lower price-to-earnings ratio than First Watch Restaurant Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Chagee$1.85B1.13$167.47M$1.0111.25
First Watch Restaurant Group$1.32B0.55$19.43M$0.2940.34

96.1% of First Watch Restaurant Group shares are held by institutional investors. 6.1% of First Watch Restaurant Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Chagee currently has a consensus price target of $14.68, indicating a potential upside of 29.25%. First Watch Restaurant Group has a consensus price target of $18.56, indicating a potential upside of 58.59%. Given First Watch Restaurant Group's stronger consensus rating and higher possible upside, analysts plainly believe First Watch Restaurant Group is more favorable than Chagee.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chagee
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.13
First Watch Restaurant Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

Summary

Chagee beats First Watch Restaurant Group on 9 of the 17 factors compared between the two stocks.

How does First Watch Restaurant Group compare to Arcos Dorados?

First Watch Restaurant Group (NASDAQ:FWRG) and Arcos Dorados (NYSE:ARCO) are both small-cap consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, risk, earnings, media sentiment and dividends.

In the previous week, First Watch Restaurant Group had 7 more articles in the media than Arcos Dorados. MarketBeat recorded 7 mentions for First Watch Restaurant Group and 0 mentions for Arcos Dorados. First Watch Restaurant Group's average media sentiment score of 1.18 beat Arcos Dorados' score of 0.00 indicating that First Watch Restaurant Group is being referred to more favorably in the media.

Company Overall Sentiment
First Watch Restaurant Group Positive
Arcos Dorados Neutral

First Watch Restaurant Group presently has a consensus price target of $18.56, indicating a potential upside of 58.59%. Arcos Dorados has a consensus price target of $10.50, indicating a potential upside of 26.96%. Given First Watch Restaurant Group's stronger consensus rating and higher possible upside, analysts clearly believe First Watch Restaurant Group is more favorable than Arcos Dorados.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Watch Restaurant Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Arcos Dorados
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Arcos Dorados has higher revenue and earnings than First Watch Restaurant Group. Arcos Dorados is trading at a lower price-to-earnings ratio than First Watch Restaurant Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Watch Restaurant Group$1.32B0.55$19.43M$0.2940.34
Arcos Dorados$4.98B0.35$212.12M$1.226.78

96.1% of First Watch Restaurant Group shares are held by institutional investors. Comparatively, 55.9% of Arcos Dorados shares are held by institutional investors. 6.1% of First Watch Restaurant Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

First Watch Restaurant Group has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market. Comparatively, Arcos Dorados has a beta of 0.49, indicating that its stock price is 51% less volatile than the broader market.

Arcos Dorados has a net margin of 5.15% compared to First Watch Restaurant Group's net margin of 1.35%. Arcos Dorados' return on equity of 12.50% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
First Watch Restaurant Group1.35% 2.85% 1.01%
Arcos Dorados 5.15%12.50%2.58%

Summary

First Watch Restaurant Group beats Arcos Dorados on 11 of the 17 factors compared between the two stocks.

How does First Watch Restaurant Group compare to Wendy's?

Wendy's (NASDAQ:WEN) and First Watch Restaurant Group (NASDAQ:FWRG) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, risk, media sentiment, earnings, institutional ownership, valuation, dividends and profitability.

Wendy's currently has a consensus price target of $7.78, suggesting a potential downside of 1.32%. First Watch Restaurant Group has a consensus price target of $18.56, suggesting a potential upside of 58.59%. Given First Watch Restaurant Group's stronger consensus rating and higher possible upside, analysts plainly believe First Watch Restaurant Group is more favorable than Wendy's.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wendy's
6 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.81
First Watch Restaurant Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

Wendy's has a beta of 0.39, suggesting that its stock price is 61% less volatile than the broader market. Comparatively, First Watch Restaurant Group has a beta of 1.03, suggesting that its stock price is 3% more volatile than the broader market.

Wendy's has a net margin of 5.72% compared to First Watch Restaurant Group's net margin of 1.35%. Wendy's' return on equity of 115.31% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Wendy's5.72% 115.31% 2.70%
First Watch Restaurant Group 1.35%2.85%1.01%

Wendy's has higher revenue and earnings than First Watch Restaurant Group. Wendy's is trading at a lower price-to-earnings ratio than First Watch Restaurant Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wendy's$2.18B0.69$165.07M$0.6611.94
First Watch Restaurant Group$1.32B0.55$19.43M$0.2940.34

86.0% of Wendy's shares are held by institutional investors. Comparatively, 96.1% of First Watch Restaurant Group shares are held by institutional investors. 17.1% of Wendy's shares are held by company insiders. Comparatively, 6.1% of First Watch Restaurant Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Wendy's had 19 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 26 mentions for Wendy's and 7 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 1.18 beat Wendy's' score of 0.03 indicating that First Watch Restaurant Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wendy's
4 Very Positive mention(s)
3 Positive mention(s)
12 Neutral mention(s)
6 Negative mention(s)
1 Very Negative mention(s)
Neutral
First Watch Restaurant Group
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Wendy's beats First Watch Restaurant Group on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FWRG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FWRG vs. The Competition

MetricFirst Watch Restaurant GroupHotels, Restaurants & Leisure IndustryConsumer Discretionary SectorNASDAQ Exchange
Market Cap$722.03M$7.95B$12.98B$12.90B
Dividend YieldN/A3.75%50.03%8.56%
P/E Ratio40.3522.6346.7925.42
Price / Sales0.55337.9991.96123.41
Price / Cash7.7521.7428.7852.08
Price / Book1.144.675.776.15
Net Income$19.43M$260.47M$445.07M$349.01M
7 Day Performance-5.49%-1.75%-0.95%-1.48%
1 Month Performance-6.40%-1.64%-1.68%2.46%
1 Year Performance-36.31%-6.17%-2.88%15.76%

First Watch Restaurant Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FWRG
First Watch Restaurant Group
3.8723 of 5 stars
$11.70
-3.4%
$18.56
+58.6%
-35.4%$722.03M$1.32B40.3517,500
SHAK
Shake Shack
3.7151 of 5 stars
$74.00
-1.9%
$89.74
+21.3%
-35.6%$3.23B$1.45B78.7213,873
WING
Wingstop
4.8482 of 5 stars
$113.85
-2.6%
$241.81
+112.4%
-64.5%$3.18B$696.85M27.041,367
CHA
Chagee
4.5818 of 5 stars
$10.81
-0.3%
$14.68
+35.8%
-37.2%$1.99B$1.85B15.443,812
ARCO
Arcos Dorados
4.2401 of 5 stars
$8.16
+0.8%
$10.50
+28.8%
+18.9%$1.70B$4.68B6.6896,782

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This page (NASDAQ:FWRG) was last updated on 9/3/2026 by MarketBeat.com Staff.
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