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First Watch Restaurant Group (FWRG) Competitors

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$13.11 +0.14 (+1.09%)
As of 01:46 PM Eastern
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FWRG vs. SHAK, CHA, ARCO, BJRI, 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), Chagee (CHA), Arcos Dorados (ARCO), BJ's Restaurants (BJRI), 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 institutional ownership, media sentiment, valuation, profitability, risk, dividends, earnings and analyst recommendations.

In the previous week, Shake Shack had 22 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 30 mentions for Shake Shack and 8 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 0.64 beat Shake Shack's score of 0.23 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
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shake Shack
6 Very Positive mention(s)
1 Positive mention(s)
12 Neutral mention(s)
10 Negative mention(s)
1 Very Negative mention(s)
Neutral

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$1.22B0.66$19.43M$0.2945.21
Shake Shack$1.45B2.21$45.72M$0.9479.26

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%

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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

First Watch Restaurant Group has a beta of 1.03, suggesting that its share price is 3% more volatile than the broader market. Comparatively, Shake Shack has a beta of 1.63, suggesting that its share price is 63% more volatile than the broader market.

First Watch Restaurant Group presently has a consensus target price of $18.56, indicating a potential upside of 41.53%. Shake Shack has a consensus target price of $89.74, indicating a potential upside of 20.45%. Given First Watch Restaurant Group's stronger consensus rating and higher probable upside, analysts clearly 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
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82
Shake Shack
0 Sell rating(s)
12 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.56

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 Chagee?

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

First Watch Restaurant Group currently has a consensus price target of $18.56, indicating a potential upside of 41.53%. Chagee has a consensus price target of $14.68, indicating a potential upside of 42.83%. Given Chagee's higher probable upside, analysts clearly believe Chagee is more favorable than First Watch Restaurant Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Watch Restaurant Group
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82
Chagee
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.13

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
First Watch Restaurant Group$1.22B0.66$19.43M$0.2945.21
Chagee$1.85B1.02$167.47M$0.7014.69

96.1% of First Watch Restaurant Group shares are owned by institutional investors. 6.1% of First Watch Restaurant Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, First Watch Restaurant Group had 5 more articles in the media than Chagee. MarketBeat recorded 8 mentions for First Watch Restaurant Group and 3 mentions for Chagee. Chagee's average media sentiment score of 1.52 beat First Watch Restaurant Group's score of 0.64 indicating that Chagee is being referred to more favorably in the news media.

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

First Watch Restaurant Group has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market. Comparatively, Chagee has a beta of 1.58, indicating that its stock price is 58% more volatile than the broader market.

Chagee has a net margin of 7.25% compared to First Watch Restaurant Group's net margin of 1.35%. Chagee's return on equity of 11.66% 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%
Chagee 7.25%11.66%8.22%

Summary

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

How does First Watch Restaurant Group compare to Arcos Dorados?

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

Arcos Dorados has a beta of 0.48, meaning that its stock price is 52% less volatile than the broader market. Comparatively, First Watch Restaurant Group has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market.

In the previous week, Arcos Dorados had 4 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 12 mentions for Arcos Dorados and 8 mentions for First Watch Restaurant Group. Arcos Dorados' average media sentiment score of 0.64 beat First Watch Restaurant Group's score of 0.64 indicating that Arcos Dorados is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Arcos Dorados
3 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
First Watch Restaurant Group
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Arcos Dorados has a net margin of 4.86% compared to First Watch Restaurant Group's net margin of 1.35%. Arcos Dorados' return on equity of 10.47% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Arcos Dorados4.86% 10.47% 2.06%
First Watch Restaurant Group 1.35%2.85%1.01%

55.9% of Arcos Dorados shares are owned by institutional investors. Comparatively, 96.1% of First Watch Restaurant Group shares are owned by institutional investors. 6.1% of First Watch Restaurant Group 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.

Arcos Dorados presently has a consensus price target of $10.50, indicating a potential upside of 33.16%. First Watch Restaurant Group has a consensus price target of $18.56, indicating a potential upside of 41.53%. Given First Watch Restaurant Group's stronger consensus rating and higher probable upside, analysts plainly believe First Watch Restaurant Group is more favorable than Arcos Dorados.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arcos Dorados
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
First Watch Restaurant Group
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82

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
Arcos Dorados$4.68B0.36$212.12M$1.117.10
First Watch Restaurant Group$1.22B0.66$19.43M$0.2945.21

Summary

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

How does First Watch Restaurant Group compare to BJ's Restaurants?

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

BJ's Restaurants has a net margin of 2.86% compared to First Watch Restaurant Group's net margin of 1.35%. BJ's Restaurants' return on equity of 12.93% beat First Watch Restaurant Group's return on equity.

Company Net Margins Return on Equity Return on Assets
BJ's Restaurants2.86% 12.93% 4.79%
First Watch Restaurant Group 1.35%2.85%1.01%

100.0% of BJ's Restaurants shares are held by institutional investors. Comparatively, 96.1% of First Watch Restaurant Group shares are held by institutional investors. 2.4% of BJ's Restaurants 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

BJ's Restaurants has higher revenue and earnings than First Watch Restaurant Group. BJ's Restaurants 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
BJ's Restaurants$1.40B1.02$48.81M$1.8735.88
First Watch Restaurant Group$1.22B0.66$19.43M$0.2945.21

BJ's Restaurants has a beta of 1.32, meaning that its stock price is 32% more volatile than the broader market. Comparatively, First Watch Restaurant Group has a beta of 1.03, meaning that its stock price is 3% more volatile than the broader market.

In the previous week, BJ's Restaurants had 14 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 22 mentions for BJ's Restaurants and 8 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 0.64 beat BJ's Restaurants' score of 0.52 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
BJ's Restaurants
7 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Watch Restaurant Group
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

BJ's Restaurants currently has a consensus target price of $56.88, suggesting a potential downside of 15.23%. First Watch Restaurant Group has a consensus target price of $18.56, suggesting a potential upside of 41.53%. Given First Watch Restaurant Group's stronger consensus rating and higher possible upside, analysts plainly believe First Watch Restaurant Group is more favorable than BJ's Restaurants.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BJ's Restaurants
2 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.27
First Watch Restaurant Group
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82

Summary

BJ's Restaurants beats First Watch Restaurant Group on 10 of the 16 factors compared between the two stocks.

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

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

First Watch Restaurant Group presently has a consensus price target of $18.56, suggesting a potential upside of 41.53%. Wendy's has a consensus price target of $7.76, suggesting a potential downside of 9.26%. Given First Watch Restaurant Group's stronger consensus rating and higher probable upside, research analysts clearly believe First Watch Restaurant Group is more favorable than Wendy's.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Watch Restaurant Group
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.82
Wendy's
6 Sell rating(s)
13 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.81

In the previous week, Wendy's had 48 more articles in the media than First Watch Restaurant Group. MarketBeat recorded 56 mentions for Wendy's and 8 mentions for First Watch Restaurant Group. First Watch Restaurant Group's average media sentiment score of 0.64 beat Wendy's' score of 0.17 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
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Wendy's
13 Very Positive mention(s)
7 Positive mention(s)
18 Neutral mention(s)
11 Negative mention(s)
4 Very Negative mention(s)
Neutral

96.1% of First Watch Restaurant Group shares are owned by institutional investors. Comparatively, 86.0% of Wendy's shares are owned by institutional investors. 6.1% of First Watch Restaurant Group shares are owned by company insiders. Comparatively, 17.1% of Wendy's shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

First Watch Restaurant Group has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market. Comparatively, Wendy's has a beta of 0.37, indicating that its stock price is 63% less 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
First Watch Restaurant Group1.35% 2.85% 1.01%
Wendy's 5.72%115.31%2.70%

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
First Watch Restaurant Group$1.22B0.66$19.43M$0.2945.21
Wendy's$2.18B0.75$165.07M$0.6612.96

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$807.78M$8.32B$13.14B$13.02B
Dividend YieldN/A3.74%55.50%10.72%
P/E Ratio45.1423.1046.6325.25
Price / Sales0.66338.2891.27101.05
Price / Cash8.1222.3026.3350.75
Price / Book1.285.034.506.33
Net Income$19.43M$260.07M$443.58M$347.81M
7 Day Performance5.56%1.11%-0.43%0.90%
1 Month Performance8.00%2.04%1.95%0.89%
1 Year Performance-26.59%-2.17%0.65%20.36%

First Watch Restaurant Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FWRG
First Watch Restaurant Group
4.1953 of 5 stars
$13.11
+1.1%
$18.56
+41.5%
-27.5%$807.78M$1.22B45.1417,500
SHAK
Shake Shack
4.7451 of 5 stars
$66.29
+2.3%
$88.04
+32.8%
-32.1%$2.77B$1.45B67.6413,873
CHA
Chagee
4.9468 of 5 stars
$11.02
-1.2%
$14.68
+33.2%
-52.8%$2.05B$1.85B15.743,812
ARCO
Arcos Dorados
4.7963 of 5 stars
$8.33
+0.5%
$10.50
+26.0%
+7.2%$1.75B$4.68B7.5196,782
BJRI
BJ's Restaurants
3.5464 of 5 stars
$67.38
-1.3%
$56.88
-15.6%
+84.9%$1.45B$1.40B36.0322,000

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This page (NASDAQ:FWRG) was last updated on 8/14/2026 by MarketBeat.com Staff.
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