FWRG

First Watch Restaurant Group Inc
NASDAQCONSUMER CYCLICALRESTAURANTS

Key Statistics

Market Cap
$801.38M
P/E Ratio
46.43
EPS
$0.28
Beta
1.04
52W High
$19.53
52W Low
$9.97
50-Day MA
$11.83
200-Day MA
$14.15
Dividend Yield
Profit Margin
1.38%
Forward P/E
63.69
PEG Ratio

About First Watch Restaurant Group Inc

First Watch Restaurant Group Inc (FWRG) is a prominent fast-casual dining chain specializing in breakfast, brunch, and lunch, renowned for its health-conscious menu and high-quality ingredients. Founded in 1983, the company has cultivated a loyal customer base by innovatively adapting its menu to reflect contemporary culinary trends while prioritizing exceptional service. With a strategic focus on expanding its footprint in both existing and new markets, First Watch is well-positioned for sustained growth, making it a compelling investment opportunity in the dynamic dining sector.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$1.27B
Gross Profit (TTM)$262.68M
EBITDA$113.10M
Operating Margin0.82%
Return on Equity2.87%
Return on Assets1.25%
Revenue/Share (TTM)$20.81
Book Value$10.19
Price-to-Book1.26
Price-to-Sales (TTM)0.63
EV/Revenue1.417
EV/EBITDA16.64
Quarterly Earnings Growth (YoY)2290.00%
Quarterly Revenue Growth (YoY)17.30%
Shares Outstanding$61.65M
Float$60.67M
% Insiders1.85%
% Institutions107.47%

Historical Volatility

HV 10-Day
39.89%
HV 20-Day
35.81%
HV 30-Day
45.11%
HV 60-Day
49.67%
HV Rank
31.7%

Volatility is currently contracting

Analyst Ratings

Consensus ($19.45 target)
2
Strong Buy
9
Buy

Latest News

First Watch: A Long-Term Buy For Investors With The Stomach For Risk

First Watch Restaurant Group is rated a Modest Buy, reflecting a balance between low current profitability and strong long-term growth potential. FWRG's aggressive expansion has driven revenue CAGR of 18.3% over three years, but operating margins compressed from 4.6% to 2.3% due to rising costs. Valuation is rich on earnings multiples (78x forward P/E), but price-to-sales is modest; the market is betting on future margin expansion.

Seeking Alpha6/23/2026Positive
First Watch Restaurant Group, Inc. Announces Appointment of Ashlee Weisser to Chief Financial Officer

BRADENTON, Fla., June 08, 2026 (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 the appointment of Ashlee Weisser to Chief Financial Officer effective June 8, 2026. She succeeds Mel Hope, who announced his planned retirement earlier this year and will continue to serve in an Advisor role to support a seamless leadership transition.

GlobeNewsWire6/8/2026Neutral
First Watch Restaurant Group, Inc. Reports Q1 2026 Financial Results

Same-restaurant sales growth of 2.8% Total revenues increased 17.3% Net loss of $(2.7) million and Adjusted EBITDA of $27.8 million 16 new system-wide restaurants opened in 11 states BRADENTON, Fla., May 05, 2026 (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 reported financial results for the thirteen weeks ended March 29, 2026 (“Q1 2026”).

GlobeNewsWire5/5/2026Neutral

Turn research into an automated options-selling system

Tiblio connects your broker and runs your put-and-call-writing strategy for you — on FWRG and any ticker you trade — then tracks every position and per-strategy win rate.

See how it works

More CONSUMER CYCLICAL Stocks

Data last updated: 7/29/2026