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 7,296 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
68% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 41
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
16% more call options, than puts
Call options by funds: $320K | Put options by funds: $275K
3.72% more ownership
Funds ownership: 112.49% [Q4 2024] → 116.21% (+3.72%) [Q1 2025]
2% more funds holding
Funds holding: 152 [Q4 2024] → 155 (+3) [Q1 2025]
7% less capital invested
Capital invested by funds: $1.27B [Q4 2024] → $1.17B (-$93.1M) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
26%
upside
Avg. target
$21
40%
upside
High target
$23
53%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
TD Securities Andrew Charles | 27%upside $19 | Buy Reiterated | 4 Jun 2025 |
Guggenheim Gregory Francfort | 46%upside $22 | Buy Maintained | 8 May 2025 |
Benchmark Todd Brooks | 46%upside $22 | Buy Maintained | 7 May 2025 |
Raymond James Brian Vaccaro | 40%upside $21 | Strong Buy Reiterated | 7 May 2025 |
Piper Sandler Brian Mullan | 33%upside $20 | Overweight Maintained | 7 May 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
First Watch Restaurant Group, Inc. to Participate in Two June Investor Conferences
BRADENTON, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced it will participate in two June investor conferences:
Positive
Yahoo Finance
1 month ago
Why this analyst says restaurants are 'relatively well' set up for an economic slowdown
Texas Roadhouse stock is up after reporting mixed earnings results. Citi director and restaurant analyst Jon Tower explains how consumer behavior and macroeconomic headwinds are shaping the restaurant industry.
Negative
Seeking Alpha
1 month ago
First Watch Restaurant: Breakfast Slump Scrambles The Stock
First Watch's Q1 results were disappointing, with EPS of -$0.01 and revenue of $282.3 million, missing Wall Street estimates and causing a stock drop. Breakfast traffic has declined significantly, impacting First Watch's high price points and elaborate food offerings, making it hard to thrive in a value-driven environment. Rising food and labor costs, particularly for eggs and dairy, are squeezing margins, with restaurant-level margins dropping 430 basis points year-over-year to 16.5%.
Neutral
Seeking Alpha
1 month ago
First Watch Restaurant Group, Inc. (FWRG) Q1 2025 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Steven Marotta - Vice President, Investor Relations Chris Tomasso - President and Chief Executive Officer Mel Hope - Chief Financial Officer Matt Eisenacher - Chief Brand Officer Conference Call Participants Andrew Charles - TD Cowen Jim Salera - Stephens Inc Brian Vaccaro - Raymond James Jeffrey Bernstein - Barclays Sara Senatore - Bank of America Jon Tower - Citi Todd Brooks - The Benchmark Company Andy Barish - Jefferies Brian Mullan - Piper Sandler Gregory Francfort - Guggenheim Securities Operator Thank you for standing by, and welcome to the First Watch Restaurant Group Inc. First Quarter Earnings Conference Call occurring today, May 6, 2025 at 8 AM Eastern Time. Please note that, all participants are currently in a listen-only mode.
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, First Watch Restaurant Group (FWRG) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for First Watch Restaurant Group (FWRG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
First Watch Restaurant Group, Inc. (FWRG) Reports Q1 Loss, Lags Revenue Estimates
First Watch Restaurant Group, Inc. (FWRG) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.12 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results
Total revenues increased 16.4% Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million 13 new system-wide restaurants opened in 10 states
Neutral
GlobeNewsWire
1 month ago
First Watch Acquires 16 Franchise Restaurants in North and South Carolina
Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy
Neutral
GlobeNewsWire
1 month ago
First Watch Announces Flagship Location in Heart of Downtown Boston
Boylston St. restaurant signals Daytime Dining leader's continued New England expansion Boylston St. restaurant signals Daytime Dining leader's continued New England expansion
Positive
Zacks Investment Research
2 months ago
FWRG Expands Portfolio With Strategic Acquisitions in Missouri
First Watch Restaurant drives growth by acquiring three franchise locations and development rights in Missouri.
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