NASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free FWRG Stock Alerts $19.15 -0.28 (-1.44%) (As of 10:39 AM ET) Add Compare Share Share Today's Range$19.09▼$19.7450-Day Range$19.43▼$25.5252-Week Range$15.67▼$25.98Volume101,126 shsAverage Volume518,340 shsMarket Capitalization$1.16 billionP/E Ratio50.40Dividend YieldN/APrice Target$25.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get First Watch Restaurant Group alerts: Email Address First Watch Restaurant Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside31.4% Upside$25.50 Price TargetShort InterestBearish13.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 9 Articles This WeekInsider TradingSelling Shares$170.04 M Sold Last QuarterProj. Earnings Growth43.59%From $0.39 to $0.56 Per ShareSee Full Details Hide Full Details 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.3.27 out of 5 starsRetail/Wholesale Sector107th out of 204 stocksEating Places Industry27th out of 41 stocks 3.4 Analyst's Opinion Consensus RatingFirst Watch Restaurant Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Watch Restaurant Group has only been the subject of 4 research reports in the past 90 days.Read more about First Watch Restaurant Group's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted13.12% of the float of First Watch Restaurant Group has been sold short.Short Interest Ratio / Days to CoverFirst Watch Restaurant Group has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in First Watch Restaurant Group has recently increased by 5.28%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFirst Watch Restaurant Group does not currently pay a dividend.Dividend GrowthFirst Watch Restaurant Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWRG. Previous Next 2.9 News and Social Media Coverage News SentimentFirst Watch Restaurant Group has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 9 news articles for First Watch Restaurant Group this week, compared to 3 articles on an average week.Search Interest4 people have searched for FWRG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows3 people have added First Watch Restaurant Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Watch Restaurant Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,038,222.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of First Watch Restaurant Group is held by insiders.Percentage Held by Institutions96.11% of the stock of First Watch Restaurant Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Watch Restaurant Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Watch Restaurant Group are expected to grow by 43.59% in the coming year, from $0.39 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Watch Restaurant Group is 51.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.80.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 51.08, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.64.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirst Watch Restaurant Group has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Watch Restaurant Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monetary GoldDemocrats Push to Replace Dollar With Digital Coin, Control Currency.Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.This means you must act NOW before it's too late. About First Watch Restaurant Group Stock (NASDAQ:FWRG)First Watch Restaurant Group, Inc., through its subsidiaries, 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. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.Read More FWRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FWRG Stock News HeadlinesApril 24, 2024 | insidertrades.comInsider Selling: First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Director Sells 8,386 Shares of StockMay 10, 2024 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) Price Target Cut to $27.00May 10, 2024 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) Price Target Cut to $25.00May 9, 2024 | seekingalpha.comFirst Watch Restaurant: Traffic Slowdown Doesn't Disturb The Growth StoryMay 8, 2024 | americanbankingnews.comFirst Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives Consensus Rating of "Moderate Buy" from AnalystsMay 8, 2024 | finance.yahoo.comQ1 2024 First Watch Restaurant Group Inc Earnings CallMay 7, 2024 | finance.yahoo.comWhy First Watch (FWRG) Stock Is Trading Lower TodayMay 7, 2024 | msn.comFWRG Stock Earnings: First Watch Restaurant Gr Beats EPS, Misses Revenue for Q1 2024May 7, 2024 | msn.comFirst Watch Restaurant GAAP EPS of $0.12 beats by $0.02, revenue of $242.4M misses by $2.64MMay 7, 2024 | finance.yahoo.comFirst Watch (NASDAQ:FWRG) Reports Sales Below Analyst Estimates In Q1 EarningsMay 7, 2024 | seekingalpha.comFirst Watch Restaurant Group, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. Reports Strong Q1 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comHere's what Wall Street expects from First Watch Restaurant Group's earningsMay 6, 2024 | theglobeandmail.comFirst Watch (FWRG) Q1 Earnings: What To ExpectMay 5, 2024 | americanbankingnews.comFirst Watch Restaurant Group (FWRG) to Release Quarterly Earnings on TuesdayMay 1, 2024 | msn.comLawsuit says First Watch co-owner misused funds, defrauded LLC of thousands of dollarsApril 27, 2024 | seekingalpha.comFWRG First Watch Restaurant Group, Inc.April 26, 2024 | finance.yahoo.comIPO Stock Of The Week: Restaurant Leader First Watch Eyes Buy TriggerApril 26, 2024 | yahoo.comFirst Watch is bringing farmhouse breakfast food to urban restaurant setting in TopekaApril 26, 2024 | bizjournals.comNational brunch chain to open two Greater Baltimore restaurantsApril 23, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024April 22, 2024 | msn.comChipotle kicks off Middle East expansion with first Kuwait restaurantApril 22, 2024 | msn.comCapital Region Restaurant Rundown: April 15-19April 22, 2024 | yahoo.comThe ‘World’s First NFT Restaurant’ Is Selling Memberships for U.S. Dollars NowApril 15, 2024 | globenewswire.comFirst Watch Acquires 21 Franchise Restaurants in North CarolinaSee More Headlines Receive FWRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Watch Restaurant Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/15/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Eating places Sub-IndustryN/A Current SymbolNASDAQ:FWRG CUSIPN/A CIK1789940 Webwww.firstwatch.com Phone941-907-9800FaxN/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Target$25.50 High Stock Price Target$32.00 Low Stock Price Target$22.00 Potential Upside/Downside+31.2%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio51.13 Forward P/E Ratio49.82 P/E Growth2.69Net Income$25.39 million Net Margins2.52% Pretax Margin3.49% Return on Equity4.15% Return on Assets1.89% Debt Debt-to-Equity Ratio0.21 Current Ratio0.60 Quick Ratio0.55 Sales & Book Value Annual Sales$891.55 million Price / Sales1.32 Cash Flow$1.04 per share Price / Cash Flow18.68 Book Value$9.38 per share Price / Book2.07Miscellaneous Outstanding Shares60,370,000Free Float57,354,000Market Cap$1.17 billion OptionableOptionable Beta1.07 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Christopher A. Tomasso (Age 53)CEO, President & Director Comp: $2.43MMr. Henry Melville Hope III (Age 62)CFO & Treasurer Comp: $983.98kMr. Jay Anthony Wolszczak (Age 54)Chief Legal Officer, General Counsel & Secretary Comp: $1.02MMr. John Daniel Jones (Age 44)Chief Operations Officer Mr. Steven Louis Marotta C.F.A.Vice President of Investor RelationsMs. Laura Anne Sorensen (Age 50)Chief People Officer Comp: $549.45kMr. 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. Eric Richard Hartman (Age 51)Chief Development Officer Comp: $671.01kMr. Rob Conti (Age 54)Senior Vice President of Information Technology of First Watch Restaurants Inc More ExecutivesKey CompetitorsKura Sushi USANASDAQ:KRUSCracker Barrel Old Country StoreNASDAQ:CBRLJack in the BoxNASDAQ:JACKBJ's RestaurantsNASDAQ:BJRIPortillo'sNASDAQ:PTLOView All CompetitorsInsiders & Institutions1832 Asset Management L.P.Bought 135,398 shares on 5/15/2024Ownership: 0.224%Capital Research Global InvestorsBought 113,555 shares on 5/14/2024Ownership: 1.286%LGT Group FoundationBought 9,445 shares on 5/14/2024Ownership: 0.391%Vanguard Group Inc.Bought 255,307 shares on 5/10/2024Ownership: 2.669%Lord Abbett & CO. LLCSold 5,013 shares on 5/9/2024Ownership: 1.200%View All Insider TransactionsView All Institutional Transactions 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 equities research analysts have issued 1-year price objectives for First Watch Restaurant Group's shares. Their FWRG share price targets range from $22.00 to $32.00. On average, they predict the company's stock price to reach $25.50 in the next twelve months. This suggests a possible upside of 31.4% 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 2024? First Watch Restaurant Group's stock was trading at $20.10 at the beginning of the year. Since then, FWRG shares have decreased by 3.4% and is now trading at $19.41. View the best growth stocks for 2024 here. When is First Watch Restaurant Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our FWRG earnings forecast. How were First Watch Restaurant Group's earnings last quarter? First Watch Restaurant Group, Inc. (NASDAQ:FWRG) announced its earnings results on Tuesday, May, 7th. The company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The company had revenue of $242.40 million for the quarter, compared to analyst estimates of $245.03 million. First Watch Restaurant Group had a trailing twelve-month return on equity of 4.15% and a net margin of 2.52%. The firm's revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 EPS. What ETFs hold First Watch Restaurant Group's stock? ETFs with the largest weight of First Watch Restaurant Group (NASDAQ:FWRG) stock in their portfolio include Putnam Sustainable Future ETF (PFUT) and First Trust Small Cap Growth AlphaDEX Fund (FYC).First Trust Small Cap Core AlphaDEX Fund (FYX). What guidance has First Watch Restaurant Group issued on next quarter's earnings? First Watch Restaurant Group issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. When did First Watch Restaurant Group IPO? First Watch Restaurant Group (FWRG) raised $175 million in an initial public offering (IPO) on Friday, October 1st 2021. The company issued 9,459,000 shares at a price of $17.00-$20.00 per share. Who are First Watch Restaurant Group's major shareholders? First Watch Restaurant Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.67%), Capital Research Global Investors (1.29%), Lord Abbett & CO. LLC (1.20%), WCM Investment Management LLC (1.08%), 12 West Capital Management LP (1.06%) and Allspring Global Investments Holdings LLC (0.98%). Insiders that own company stock include Calum Alasdair Johns Middleton, Christopher Anthony Tomasso, David Paresky, Eric Richard Hartman, H Melville Hope III, International Corp/Ma Advent, Matthew Eisenacher, Michael James White, Tricia Glynn 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 5/15/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden FINISHED On June 13th?Paradigm PressTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaDemocrats Push to Replace Dollar With Digital Coin, Control Currency.Monetary GoldTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving Trendsis this a buy and hold stock?Tips4TradersWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Watch Restaurant Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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