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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
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FWRG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.90 - $25.98
Previous Close$18.61
Volume736.10K
Average Volume (3M)746.60K
Market Cap
$1.11B
Enterprise Value$1.83B
Total Cash (Recent Filing)$51.13M
Total Debt (Recent Filing)$778.90M
Price to Earnings (P/E)55.6
Beta1.08
Next Earnings
Mar 11, 2025EPS Estimate
<$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.34
Shares Outstanding60,569,820
10 Day Avg. Volume583,655
30 Day Avg. Volume746,602
Standard Deviation0.11
R-Squared0.16
Alpha-0.00505
Financial Highlights & Ratios
Price to Book (P/B)1.91
Price to Sales (P/S)1.11
Price to Cash Flow (P/CF)7.70
P/FCF Ratio40.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.84
Enterprise Value/Gross Profit9.64
Enterprise Value/Ebitda16.34
Forecast
1Y Price Target
$22.63Price Target Upside21.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
First Watch Restaurant Group News
PremiumCompany Announcements
First Watch Expands with Franchise Acquisitions in Carolinas
Bulls Say, Bears Say
Bulls Say
Growth And Unit EconomicsUnique brand and daytime operating model driving best-in-class unit economics, solid margin profile, 10%+ annual unit growth and LSD% SSS in a more normal demand environment.
Marketing And TechnologyThe company is increasingly using its database to market to specific customer cohorts, leveraging tech to reduce cook times, ticket times, and improve order accuracy and satisfaction.
Strategic Focus And GuidanceAn increase of 2024 adjusted EBITDA guidance to the high end shows the company's focus on profitable growth.
Bears Say
Guidance And ForecastManagement attributes the narrowed same store sales guidance to a weak industry backdrop, soft weekday brunch segment, and intensifying third-party delivery headwinds.
Industry ChallengesDemand impacted by a soft July, the late quarter hurricane, and the increasing level of value offers in the industry, which FWRG has not participated in and is unlikely to do so.
Sales PerformanceSales softness is attributed to the breakfast category's discretionary nature and weaker third-party delivery sales.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FWRG FAQ
What was First Watch Restaurant Group’s price range in the past 12 months?
First Watch Restaurant Group lowest stock price was $12.90 and its highest was $25.98 in the past 12 months.
What is First Watch Restaurant Group’s market cap?
Currently, no data Available
When is First Watch Restaurant Group’s upcoming earnings report date?
First Watch Restaurant Group’s upcoming earnings report date is Mar 11, 2025 which is in 79 days.
How were First Watch Restaurant Group’s earnings last quarter?
First Watch Restaurant Group released its earnings results on Nov 07, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.045 by -$0.015.
Is First Watch Restaurant Group overvalued?
According to Wall Street analysts First Watch Restaurant Group’s price is currently Undervalued.
Does First Watch Restaurant Group pay dividends?
First Watch Restaurant Group does not currently pay dividends.
What is First Watch Restaurant Group’s EPS estimate?
First Watch Restaurant Group’s EPS estimate is <$0.01.
How many shares outstanding does First Watch Restaurant Group have?
First Watch Restaurant Group has 60,569,820 shares outstanding.
What happened to First Watch Restaurant Group’s price movement after its last earnings report?
First Watch Restaurant Group reported an EPS of $0.03 in its last earnings report, missing expectations of $0.045. Following the earnings report the stock price went up 14.137%.
Which hedge fund is a major shareholder of First Watch Restaurant Group?
Among the largest hedge funds holding First Watch Restaurant Group’s share is Advent International Corp. It holds First Watch Restaurant Group’s shares valued at 424M.
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First Watch Restaurant Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$22.63 (21.60% Upside)
$22.63 (21.60% Upside)
Blogger Sentiment
Neutral
FWRG Sentiment 50%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 638.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $474.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 9.6%
Last 30 Days ▲ 9.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.67%
12-Months-Change
Fundamentals
Return on Equity
3.64%
Trailing 12-Months
Asset Growth
23.15%
Trailing 12-Months
Company Description
First Watch Restaurant Group
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.
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FWRG Company Deck
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FWRG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment with strong operational execution, technological advancements, and recognition of workplace culture as positives. However, challenges such as a decline in same-restaurant sales, traffic, and hurricane-related delays were also evident. Despite these challenges, the company showed resilience with strong adjusted EBITDA growth and a robust development strategy.Read More>---
FWRG Stock 12 Month Forecast
Average Price Target
$22.63
▲(21.60% Upside)
Technical Analysis
Best Analysts Covering FWRG
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+9.73%
reiterated a buy rating 2 months ago
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