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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
FWRG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.90 - $25.98
Previous CloseN/A
Volume108.15K
Average Volume (3M)739.79K
Market Cap
$1.05B
Enterprise Value$1.70B
Total Cash (Recent Filing)$33.31M
Total Debt (Recent Filing)$809.55M
Price to Earnings (P/E)57.0
Beta0.98
Next Earnings
May 13, 2025EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.30
Shares Outstanding60,700,090
10 Day Avg. Volume969,395
30 Day Avg. Volume739,789
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.98
Price to Cash Flow (P/CF)10.80
P/FCF Ratio0.00
Enterprise Value/Market Cap1.62
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.15
Enterprise Value/Ebitda17.09
Forecast
1Y Price Target
$23.56Price Target Upside36.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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Bulls Say, Bears Say
Bulls Say
Growth StrategyFirst Watch Restaurant Group is guiding for 59-64 new system-wide unit openings, which supports its long-term growth strategy.
Marketing StrategyEnhanced marketing tactics will be scaled more aggressively in FY25, focusing on existing customers and attracting new ones, which is expected to drive flat to positive traffic.
Traffic TrendsOff-premises traffic trends have turned positive in 1Q25 after negative results in 2H24, expected to be a positive traffic driver for FY25.
Bears Say
Commodity CostsCommodity inflation, particularly with eggs, bacon, coffee, and avocados, is expected to remain high, affecting the company's cost structure.
Inflation ImpactManagement anticipates 8%-9% inflation for FY25 due to pressures in their commodity basket, which could lead to some margin pressure on the cost of goods sold.
Margin PressureFWRG is currently only carrying 2.8% of menu price, which will lead to some margin pressure on the COGS line.
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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?
First Watch Restaurant Group’s market cap is $1.05B.
When is First Watch Restaurant Group’s upcoming earnings report date?
First Watch Restaurant Group’s upcoming earnings report date is May 13, 2025 which is in 47 days.
How were First Watch Restaurant Group’s earnings last quarter?
First Watch Restaurant Group released its earnings results on Mar 11, 2025. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.015 by -$0.005.
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 0.04.
How many shares outstanding does First Watch Restaurant Group have?
First Watch Restaurant Group has 60,700,090 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 $0.01 in its last earnings report, missing expectations of $0.015. Following the earnings report the stock price went down -7.017%.
Which hedge fund is a major shareholder of First Watch Restaurant Group?
Currently, no hedge funds are holding shares in FWRG
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First Watch Restaurant Group Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$23.56 (36.26% Upside)
$23.56 (36.26% Upside)
Blogger Sentiment
Bullish
FWRG Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 8.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 6.4%
Last 30 Days ▲ 6.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-28.22%
12-Months-Change
Fundamentals
Return on Equity
3.27%
Trailing 12-Months
Asset Growth
19.26%
Trailing 12-Months
Company Description
First Watch Restaurant Group
First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states 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 headquartered in Bradenton, Florida.
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FWRG Company Deck
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FWRG Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong performance metrics and strategic growth plans, alongside challenges with same restaurant sales and inflationary pressures. The company's expansion and operational improvements are notable positives, but they are balanced by the pressures from commodity inflation and traffic declines.Read More>---
FWRG Stock 12 Month Forecast
Average Price Target
$23.56
▲(36.26% Upside)
Technical Analysis
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Best Analysts Covering FWRG
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+7.30%
reiterated a buy rating 16 days ago
Copying Andy Barish's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +7.30% per trade.
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