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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$18.66
Volume281.60K
Average Volume (3M)708.01K
Market Cap
$1.11B
Enterprise Value$1.86B
Total Cash (Recent Filing)$51.13M
Total Debt (Recent Filing)$778.90M
Price to Earnings (P/E)55.7
Beta1.11
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. Volume1,556,860
30 Day Avg. Volume708,015
Standard Deviation0.11
R-Squared0.15
Alpha-0.00687
Financial Highlights & Ratios
Price to Book (P/B)1.79
Price to Sales (P/S)1.04
Price to Cash Flow (P/CF)7.30
P/FCF Ratio38.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit9.77
Enterprise Value/Ebitda16.56
Forecast
1Y Price Target
$22.00Price Target Upside19.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
First Watch Restaurant Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAn increase of 2024 adjusted EBITDA guidance to the high end shows the company's focus on profitable growth.
Growth PotentialFWRG has a path to delivering on its guided Total Addressable Market of 2,200+ domestic units based on analysis scenarios which suggest modest upside.
Market PositionFirst Watch is a leader in daytime dining, serving breakfast, brunch, and lunch made from fresh ingredients.
Bears Say
Delivery Sales Growth3rd party delivery sales growth notably trailed dine-in and takeout sales growth.
Guidance And Industry ConditionsManagement attributes the narrowed 2024 same store sales guidance to a weak industry backdrop, soft weekday brunch segment, and intensifying 3rd party delivery headwinds.
Sales PerformanceSales softness is attributed to the breakfast category's discretionary nature and weaker 3rd 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 104 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:
$22.00 (19.76% Upside)
$22.00 (19.76% Upside)
Blogger Sentiment
Neutral
FWRG Sentiment 50%
Sector Average 66%
Sector Average 66%
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
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.53%
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
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FWRG Stock 12 Month Forecast
Average Price Target
$22.00
▲(19.76% Upside)
Technical Analysis
Best Analysts Covering FWRG
1 Year
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