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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
RESEARCH TOOLSreports
First Watch Restaurant Group (FWRG) Stock Price & Analysis
66 Followers
FWRG Stock Chart & Stats
Day’s Range$20.85 - $24.39
52-Week Range― - ―
Previous Close$25.13
Volume2.70M
Average Volume (3M)N/A
Market Cap
$1.52B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Aug 06, 2024EPS Estimate
$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$27.25Price Target Upside26.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
First Watch Restaurant Group News
PremiumCompany Announcements
First Watch Releases Informative Supplemental Financial Presentation
Bulls Say, Bears Say
Bulls Say
Analyst RatingsAnalyst recommendation to buy with a price objective of 31.00 USD suggests confidence in the stock's potential to appreciate from its current price.
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.
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?
Currently, no data Available
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 Aug 06, 2024 which is in 89 days.
How were First Watch Restaurant Group’s earnings last quarter?
First Watch Restaurant Group released its earnings results on May 07, 2024. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.097 by $0.023.
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 $0.15.
How many shares outstanding does First Watch Restaurant Group have?
Currently, no data Available
What happened to First Watch Restaurant Group’s price movement after its last earnings report?
First Watch Restaurant Group reported an EPS of $0.12 in its last earnings report, beating expectations of $0.097. Following the earnings report the stock price went down -14.405%.
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:
$27.25 (26.69% Upside)
$27.25 (26.69% Upside)
Blogger Sentiment
Bullish
FWRG Sentiment 85%
Sector Average 67%
Sector Average 67%
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
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.61%
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 Month Forecast
Average Price Target
$27.25
▲(26.69% Upside)
Technical Analysis
Best Analysts Covering FWRG
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+17.42%
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 +17.42% per trade.
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