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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
RESEARCH TOOLSreports
First Watch Restaurant Group (FWRG) Stock Price & Analysis
64 Followers
FWRG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.34 - $25.88
Previous Close$22.05
Volume391.42K
Average Volume (3M)489.64K
Market Cap
$1.33B
Enterprise Value$1.89B
Total Cash (Recent Filing)$49.63M
Total Debt (Recent Filing)$606.97M
Price to Earnings (P/E)53.0
Beta1.14
Next Earnings
May 07, 2024EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.42
Shares Outstanding59,909,786
10 Day Avg. Volume396,145
30 Day Avg. Volume489,645
Standard Deviation0.11
R-Squared0.30
Alpha0.00356
Financial Highlights & Ratios
Price to Book (P/B)26.41
Price to Sales (P/S)1.48
Price to Cash Flow (P/CF)14.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit9.42
Enterprise Value/Ebitda34.91
Forecast
1Y Price Target
$28.00Price Target Upside26.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
First Watch Restaurant Group News
Bulls Say, Bears Say
Bulls Say
Market ExpansionExpansion into New England indicates the brand's ability to grow and perform well in new markets.
Operational EfficiencyImplementation of technology such as Kitchen Display Systems and digital waitlists are expected to continue providing margin benefits.
Stock ValuationAnalyst recommendation to buy with a price objective of 31.00 USD suggests confidence in the stock's potential to appreciate.
Bears Say
Inflation ImpactInflation for commodities and labor remains elevated, potentially pressuring profit margins if not offset by additional pricing strategies.
Sales GuidanceInitial 2024 same store sales guidance is below the 3% consensus, impacted by early year headwinds.
Sales PerformanceSaw a soft sales start which will impact 1Q EBITDA.
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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 $14.34 and its highest was $25.88 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 May 07, 2024 which is in 18 days.
How were First Watch Restaurant Group’s earnings last quarter?
First Watch Restaurant Group released its earnings results on Mar 05, 2024. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.042 by -$0.002.
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 $0.1.
How many shares outstanding does First Watch Restaurant Group have?
First Watch Restaurant Group has 60,372,530 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 $0.04 in its last earnings report, missing expectations of $0.042. Following the earnings report the stock price went down -3.456%.
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 685M.
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First Watch Restaurant Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$28.00 (26.13% Upside)
$28.00 (26.13% Upside)
Blogger Sentiment
Bullish
FWRG Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 86.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $502.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.98%
12-Months-Change
Fundamentals
Return on Equity
4.68%
Trailing 12-Months
Asset Growth
14.42%
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
Q4 2024
0:00 / 0:00
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FWRG Stock 12 Months Forecast
Average Price Target
$28.00
▲(26.13% Upside)
Technical Analysis
Best Analysts Covering FWRG
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+15.52%
reiterated a buy rating 9 months ago
Copying Andy Barish's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +15.52% per trade.
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