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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
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FWRG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.90 - $25.98
Previous CloseN/A
Volume108.15K
Average Volume (3M)578.56K
Market Cap
$1.11B
Enterprise Value$1.70B
Total Cash (Recent Filing)$13.41M
Total Debt (Recent Filing)$333.62M
Price to Earnings (P/E)53.1
Beta0.89
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. Volume477,654
30 Day Avg. Volume578,564
Standard Deviation0.11
R-Squared0.16
Alpha-0.00498
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.11
Price to Cash Flow (P/CF)7.80
P/FCF Ratio41.10
Enterprise Value/Market Cap1.53
Enterprise Value/Revenue1.71
Enterprise Value/Gross Profit8.96
Enterprise Value/Ebitda15.18
Forecast
1Y Price Target
$23.78Price Target Upside33.75% 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
Financial PerformanceThe company demonstrated good cost control amid soft same store sales.
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 StrategyThe 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.
Bears Say
Guidance And GrowthManagement attributes the narrowed 2024 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?
First Watch Restaurant Group’s market cap is $1.11B.
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 51 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?
Currently, no hedge funds are holding shares in FWRG
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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:
$23.78 (33.75% Upside)
$23.78 (33.75% 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
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 20.5%
Last 30 Days ▲ 20.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.82%
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
$23.78
▲(33.75% Upside)
Technical Analysis
Bloomin' Brands
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Best Analysts Covering FWRG
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+9.96%
reiterated a buy rating 2 months ago
Copying Andy Barish's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +9.96% per trade.
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