First Watch Restaurant GroupFWRG
FWRG
About: 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.
Employees: 15,000
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,259% more call options, than puts
Call options by funds: $734K | Put options by funds: $54K
139% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 28
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
25% more capital invested
Capital invested by funds: $1.02B [Q3] → $1.27B (+$250M) [Q4]
14% more funds holding
Funds holding: 132 [Q3] → 151 (+19) [Q4]
4.31% more ownership
Funds ownership: 108.18% [Q3] → 112.49% (+4.31%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$21
7%
upside
Avg. target
$24
21%
upside
High target
$28
43%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
TD Securities Andrew Charles 38% 1-year accuracy 34 / 89 met price target | 12%upside $22 | Buy Upgraded | 1 Apr 2025 |
Stephens & Co. Jim Salera 28% 1-year accuracy 14 / 50 met price target | 23%upside $24 | Overweight Reiterated | 20 Mar 2025 |
Barclays Dan Levy 16% 1-year accuracy 6 / 38 met price target | 7%upside $21 | Overweight Maintained | 12 Mar 2025 |
B of A Securities Sara Senatore 51% 1-year accuracy 19 / 37 met price target | 43%upside $28 | Buy Maintained | 12 Mar 2025 |
Financial journalist opinion
Based on 4 articles about FWRG published over the past 30 days
Positive
Zacks Investment Research
3 days ago
FWRG Expands Portfolio With Strategic Acquisitions in Missouri
First Watch Restaurant drives growth by acquiring three franchise locations and development rights in Missouri.
Neutral
GlobeNewsWire
4 days ago
First Watch Acquires 3 Franchise Restaurants in Missouri
BRADENTON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the acquisition of three of its franchise-owned restaurants and corresponding development rights in Missouri.
Positive
MarketBeat
2 weeks ago
First Watch Restaurant Group: A First-Rate Small-Cap Growth Stock
First Watch Restaurant Group NASDAQ: FWRG is a first-rate small-cap growth stock on track to triple in size over the next ten years. The company stands out among restaurants in the sit-down breakfast category, serving above-average-quality traditional breakfast alongside an eclectic menu of appetizing choices.
Positive
Benzinga
2 weeks ago
First Watch Sees Brighter 2025 With Improved Marketing, Lower Egg Costs, Says Analyst
First Watch Restaurant Group Inc's FWRG same-store sales performance is likely to improve in 2025, given signs of headwinds dissipating in 2024 and more effective marketing, according to TD Cowen.
Negative
Seeking Alpha
1 month ago
First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1
First Watch's traffic and same-store sales are declining, with breakfast seeing the steepest drop, raising concerns about its premium positioning and value-per-dollar equation. Despite revenue growth driven by new openings, First Watch faces negative free cash flow and increasing debt, complicating its financial stability and ability to return capital to shareholders. FWRG stock is not cheap, trading at high multiples with a PEG ratio that doesn't justify its growth prospects, making it a hold rather than a buy.
Neutral
Zacks Investment Research
1 month ago
First Watch Q4 Earnings Miss Estimates, Revenues Rise Y/Y
FWRG's fiscal fourth-quarter top line reflects benefits from new restaurant openings and menu price increases.
Neutral
Investopedia
1 month ago
First Watch Stock Slips as Executives Warn of Egg Costs Hurting Margins
Shares of First Watch Restaurant Group (FWRG) dropped on Tuesday as the breakfast chain said it expects high prices of eggs and other commodities will likely pressure its margins this year.
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, First Watch Restaurant Group (FWRG) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for First Watch Restaurant Group (FWRG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
First Watch Restaurant Group, Inc. (FWRG) Lags Q4 Earnings Estimates
First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
Neutral
Seeking Alpha
1 month ago
First Watch Restaurant Group, Inc. (FWRG) Q4 2024 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q4 2024 - Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jeffrey Bernstein - Barclays Andrew Charles - TD Cowen Sara Senatore - Bank of America Andy Barish - Jefferies Jim Salera - Stephens Gregory Francfort - Guggenheim Securities Brian Vaccaro - Raymond James Operator Thank you for standing by, and welcome to the First Watch Restaurant Group Incorporated Fourth Quarter Earnings Conference Call occurring today, March 11, 2025 at 8AM Eastern Time. [Operator Instructions].
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