NASDAQ:FWRG First Watch Restaurant Group (FWRG) Stock Price, News & Analysis $16.07 +0.22 (+1.39%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$15.71▼$16.0850-Day Range$14.28▼$17.2852-Week Range$14.05▼$25.98Volume376,401 shsAverage Volume576,613 shsMarket Capitalization$970.19 millionP/E Ratio42.29Dividend YieldN/APrice Target$23.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get First Watch Restaurant Group alerts: Email Address First Watch Restaurant Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside43.1% Upside$23.00 Price TargetShort InterestBearish14.16% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.36Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth35.29%From $0.34 to $0.46 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.3.84 out of 5 starsRetail/Wholesale Sector77th out of 194 stocksEating Places Industry15th out of 39 stocks 4.4 Analyst's Opinion Consensus RatingFirst Watch Restaurant Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Watch Restaurant Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about First Watch Restaurant Group's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.16% 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 6.9.Change versus previous monthShort interest in First Watch Restaurant Group has recently increased by 15.78%, 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 3.5 News and Social Media Coverage News SentimentFirst Watch Restaurant Group has a news sentiment score of 1.36. 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 higher news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for First Watch Restaurant Group this week, compared to 3 articles on an average week.Search Interest1 people have searched for FWRG on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added First Watch Restaurant Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Watch Restaurant Group insiders have not sold or bought any 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 35.29% in the coming year, from $0.34 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Watch Restaurant Group is 42.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of First Watch Restaurant Group is 42.29, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.25.Price to Earnings Growth RatioFirst Watch Restaurant Group has a PEG Ratio of 2.59. 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 1.66. 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 Porter & CompanyThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. 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 HeadlinesSeptember 3, 2024 | globenewswire.comFirst Watch Names Rob Conti as Chief Information OfficerSeptember 1, 2024 | businesswire.comFIRST WATCH STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of First Watch Restaurant Group, Inc. (FWRG) and Encourages Investors to Contact the FirmSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 28, 2024 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) Now Covered by Analysts at BenchmarkAugust 27, 2024 | msn.comThis Restaurant Brand Could 'Quadruple' Its Store Base, Analyst SaysAugust 27, 2024 | finance.yahoo.comFirst Watch Restaurant Group, Inc. to Participate at Piper Sandler’s Growth Frontiers Conference on September 10-11, 2024August 27, 2024 | benzinga.comThe Analyst Verdict: First Watch Restaurant Gr In The Eyes Of 7 ExpertsAugust 22, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. Announces Appointment of Charles Jemley and Michael Fleisher to Board of DirectorsSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 12, 2024 | stockhouse.comSHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of First Watch Restaurant Group, Inc. (FWRG) and Encourages Investors to Contact the FirmAugust 9, 2024 | uk.finance.yahoo.comFirst Watch Restaurant Group Second Quarter 2024 Earnings: EPS Beats ExpectationsAugust 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: First Watch Restaurant Group (FWRG) and Abercrombie Fitch (ANF)August 7, 2024 | finance.yahoo.comFirst Watch (NASDAQ:FWRG) Reports Q2 In Line With Expectations But Stock DropsAugust 7, 2024 | msn.comFirst Watch snaps losing streak with strong revenue growthAugust 7, 2024 | seekingalpha.comFirst Watch Restaurant Group, Inc. (FWRG) Q2 2024 Earnings Call TranscriptAugust 6, 2024 | seekingalpha.comFirst Watch Restaurant Group, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 6, 2024 | globenewswire.comFirst Watch Restaurant Group, Inc. Reports Q2 2024 Financial ResultsAugust 5, 2024 | markets.businessinsider.comHere's what Wall Street expects from First Watch Restaurant Group's earnings reportSee 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 Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Eating places Sub-IndustryRestaurants, Hotels, Motels Current SymbolNASDAQ:FWRG CUSIPN/A CIK1789940 Webwww.firstwatch.com Phone941-907-9800FaxN/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Target$23.00 High Stock Price Target$32.00 Low Stock Price Target$18.00 Potential Upside/Downside+43.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio42.29 Forward P/E Ratio47.26 P/E Growth2.59Net Income$25.39 million Net Margins2.51% Pretax Margin3.73% Return on Equity4.24% Return on Assets1.86% Debt Debt-to-Equity Ratio0.33 Current Ratio0.57 Quick Ratio0.52 Sales & Book Value Annual Sales$964.86 million Price / Sales1.01 Cash Flow$1.09 per share Price / Cash Flow14.73 Book Value$9.70 per share Price / Book1.66Miscellaneous Outstanding Shares60,373,000Free Float57,354,000Market Cap$970.19 million OptionableOptionable Beta0.88 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsPortillo'sNASDAQ:PTLORuth's Hospitality GroupNASDAQ:RUTHBJ's RestaurantsNASDAQ:BJRIChuy'sNASDAQ:CHUYDine Brands GlobalNYSE:DINView All CompetitorsInsiders & InstitutionsThe Manufacturers Life Insurance Company Bought 281,056 shares on 8/15/2024Ownership: 2.221%Armistice Capital LLCBought 185,000 shares on 8/15/2024Ownership: 0.306%Susquehanna Fundamental Investments LLCBought 16,000 shares on 8/15/2024Ownership: 0.027%Squarepoint Ops LLCBought 19,598 shares on 8/14/2024Ownership: 0.065%1832 Asset Management L.P.Sold 129,533 shares on 8/14/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions FWRG Stock Analysis - Frequently Asked Questions How have FWRG shares performed this year? First Watch Restaurant Group's stock was trading at $20.10 on January 1st, 2024. Since then, FWRG shares have decreased by 20.0% and is now trading at $16.07. View the best growth stocks for 2024 here. 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, 6th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The business's revenue was up 19.6% on a year-over-year basis. When did First Watch Restaurant Group IPO? First Watch Restaurant Group (FWRG) raised $175 million in an initial public offering 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 top institutional investors include Dimensional Fund Advisors LP (2.30%), Federated Hermes Inc. (2.24%), The Manufacturers Life Insurance Company (2.22%) and Deepwater Asset Management LLC (1.15%). Insiders that own company stock include Michael James White, International Corp/Ma Advent, David Paresky, Tricia Glynn, Christopher Anthony Tomasso, H Melville Hope III, Eric Richard Hartman, Matthew Eisenacher, William A Kussell and Calum Alasdair Johns Middleton. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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