First Watch Restaurant Group, Inc. (FWRG)

Market Cap	1.04B
Revenue (ttm)	964.86M
Net Income (ttm)	24.18M
Shares Out	60.41M
EPS (ttm)	0.39
PE Ratio	43.91
Forward PE	44.75
Dividend	n/a
Ex-Dividend Date	n/a

Volume	433,422
Open	17.21
Previous Close	17.17
Day's Range	16.82 - 17.34
52-Week Range	12.90 - 25.98
Beta	0.85
Analysts	Strong Buy
Price Target	22.00 (+27.83%)
Earnings Date	Nov 7, 2024

About FWRG

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.

• Industry: Restaurants
• Sector: Consumer Discretionary
• IPO Date: Oct 1, 2021
• Employees: 14,000
• Stock Exchange: NASDAQ
• Ticker Symbol: FWRG
• Website: https://www.firstwatch.com

Financial Performance

In 2023, FWRG's revenue was $891.55 million, an increase of 22.10% compared to the previous year's $730.16 million. Earnings were $25.39 million, an increase of 267.53%.

Analyst Forecast

According to 9 analysts, the average rating for FWRG stock is "Strong Buy." The 12-month stock price forecast is $22.0, which is an increase of 27.83% from the latest price.

Price Target

$22.0

(27.83% upside)

Analyst Consensus: Strong Buy