First Watch Restaurant Group (FWRG) Stock Insights
FWRG$11.41+0.32 +2.89%
$704.14M
Market Cap
36.89
P/E
108.02
Forward P/E
46
Score
First Watch Restaurant Group (FWRG) Stock Insights
FWRG price $11.41 +0.32 +2.89%
- Ticker
- FWRG
- Price
- $11.41
- Change
- +0.32 +2.89%
- Market cap ?
- $704.14M
- P/E ?
- 36.89
- Forward P/E ?
- 108.02
- Dividend yield ?
- 0.00%
- Beta ?
- 1.05
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Stocklytics score
- 46
- Value
- 49
- Quality
- 18
- Growth
- 71
Stocklytics score rationale: value 49, quality 18, growth 71.
Financials
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 349766000 | 436373000 | 342388000 | 601193000 | 730162000 | 891551000 | 1015910000 | 1222501000 |
First Watch Restaurant Group, Inc. oversees and licenses restaurant operations under the First Watch brand. As of March 23, 2022, its extensive presence included 341 company-owned eateries and 94 franchised outlets, operating across 28 U.S. states. The enterprise, established in 1983 with its main office in Bradenton, Florida, previously traded as AI Fresh Super Holdco, Inc. before changing its designation to First…
Fair value
FWRG fair value $4.93. Price $11.41. Price is 131% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 89% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-03 | — | 0.03 | — | 348.99M |
| 2026-08-04 | 0.04 | 0.05 | 354.67M | 351.57M |
| 2026-05-05 | -0.04 | -0.02 | 330.96M | 329.35M |
| 2026-02-24 | 0.24 | 0.08 | 316.35M | 316.32M |
| 2025-11-04 | 0.05 | 0.08 | 316.02M | 317.49M |
| 2025-08-05 | 0.03 | 0.07 | 307.89M | 306.17M |
| 2025-05-06 | -0.01 | 0.04 | 282.24M | 307.14M |
| 2025-03-11 | 0.01 | 0.02 | 263.29M | 284.11M |
| 2024-11-07 | 0.03 | 0.05 | 251.61M | 264.09M |
| 2024-08-06 | 0.14 | 0.12 | 258.56M | 258.33M |
| 2024-05-07 | 0.12 | 0.10 | 242.45M | 258.73M |
| 2024-03-05 | 0.04 | 0.04 | 244.63M | 237.53M |
| 2023-11-01 | 0.09 | 0.04 | 219.21M | 238.23M |
| 2023-08-01 | 0.13 | 0.08 | 216.30M | 215.48M |
| 2023-05-02 | 0.15 | 0.09 | 211.41M | 210.20M |
| 2023-03-07 | -0.01 | -0.00 | 185.75M | 208.26M |
| 2022-11-07 | 0.00 | — | 186.85M | 181.13M |
| 2022-08-09 | 0.05 | 0.04 | 184.45M | 174.61M |
| 2022-05-10 | 0.08 | 0.05 | 173.11M | 168.74M |
| 2022-03-23 | -0.08 | -0.09 | 162.62M | 159.84M |
| 2021-11-08 | 0.02 | 0.00 | 157.44M | — |
| 2021-10-04 | 0.07 | — | 153.96M | — |
| 2021-03-31 | -0.03 | — | 127.17M | — |
| 2020-12-31 | -0.12 | — | 109.39M | — |
| 2020-09-30 | -0.19 | — | 99.75M | — |
| 2020-06-28 | -0.35 | — | 66.62M | — |
| 2020-03-28 | -0.35 | — | 66.62M | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-08 | Weisser Ashlee Suzanne | Buy | 26.59K | — | — |
| 2026-06-08 | Weisser Ashlee Suzanne | Other | 0 | — | — |
| 2026-05-21 | Britt Irene Chang | Buy | 12.35K | — | — |
| 2026-05-21 | FLEISHER MICHAEL D | Buy | 12.35K | — | — |
| 2026-05-21 | Alvarez Ralph | Buy | 17.64K | — | — |
| 2026-05-21 | Solheim Jostein | Buy | 12.35K | — | — |
| 2026-05-21 | Tipograph Rachel K | Buy | 12.35K | — | — |
| 2026-05-21 | Jemley Charles | Buy | 12.35K | — | — |
| 2026-05-21 | Lilak Stephanie | Buy | 12.35K | — | — |
| 2026-05-21 | Kussell William A | Buy | 12.35K | — | — |
| 2026-03-17 | Jones John Daniel | Sell | 1.70K | $12.52 | 21.25K |
| 2026-03-17 | Hartman Eric Richard | Sell | 1.82K | $12.52 | 22.77K |
| 2026-03-17 | Tomasso Christopher Anthony | Sell | 25.06K | $12.52 | 313.78K |
| 2026-03-17 | Sorensen Laura Anne | Sell | 1.70K | $12.52 | 21.25K |
| 2026-03-17 | HOPE H MELVILLE III | Sell | 3.88K | $12.52 | 48.55K |
| 2026-03-17 | Wolszczak Jay Anthony | Sell | 3.16K | $12.52 | 39.58K |
| 2026-03-17 | Eisenacher Matthew | Sell | 2.76K | $12.52 | 34.56K |
| 2026-03-10 | Hartman Eric Richard | Sell | 4.82K | $12.59 | 60.68K |
| 2026-03-10 | HOPE H MELVILLE III | Sell | 7.36K | $12.59 | 92.64K |
| 2026-03-10 | Wolszczak Jay Anthony | Sell | 7.00K | $12.59 | 88.10K |
| 2026-03-10 | Jones John Daniel | Sell | 4.60K | $12.59 | 57.91K |
| 2026-03-10 | Eisenacher Matthew | Sell | 6.07K | $12.59 | 76.42K |
| 2026-03-10 | Sorensen Laura Anne | Sell | 4.73K | $12.59 | 59.58K |
| 2026-03-01 | Tomasso Christopher Anthony | Buy | 321.03K | — | — |
| 2026-03-01 | Wolszczak Jay Anthony | Buy | 36.12K | — | — |
| 2026-03-01 | Hartman Eric Richard | Buy | 30.10K | — | — |
| 2026-03-01 | Jones John Daniel | Buy | 30.10K | — | — |
| 2026-03-01 | Sorensen Laura Anne | Buy | 30.10K | — | — |
| 2026-03-01 | Eisenacher Matthew | Buy | 28.09K | — | — |
| 2026-01-22 | Kussell William A | Sell | 6.17K | $8.45 | 52.09K |
| 2026-01-22 | Kussell William A | Buy | 6.17K | $8.45 | 52.09K |
| 2026-01-22 | Kussell William A | Sell | 6.17K | $17.00 | 104.81K |
| 2025-12-30 | Tipograph Rachel K | Buy | 9.30K | — | — |
| 2025-12-29 | Tipograph Rachel K | Other | 0 | — | — |
| 2025-12-28 | Sorensen Laura Anne | Buy | 125.80K | — | — |
| 2025-12-28 | Hartman Eric Richard | Buy | 128.76K | — | — |
| 2025-12-28 | Wolszczak Jay Anthony | Buy | 139.32K | — | — |
| 2025-12-09 | Kussell William A | Sell | 6.17K | $8.45 | 52.09K |
| 2025-12-09 | Kussell William A | Buy | 6.17K | $8.45 | 52.09K |
| 2025-12-09 | Kussell William A | Sell | 6.17K | $17.00 | 104.81K |
| 2025-09-08 | ADVENT INTERNATIONAL, L.P. | Sell | 4.40M | $17.67 | 77.75M |
| 2025-08-13 | Tomasso Christopher Anthony | Sell | 100.00K | $18.00 | 1.80M |
| 2025-08-08 | ADVENT INTERNATIONAL, L.P. | Sell | 5.00M | $17.70 | 88.50M |
| 2025-06-03 | ADVENT INTERNATIONAL, L.P. | Sell | 4.50M | $14.70 | 66.15M |
| 2025-05-22 | FLEISHER MICHAEL D | Buy | 8.80K | — | — |
| 2025-05-22 | Lilak Stephanie | Buy | 8.80K | — | — |
| 2025-05-22 | Solheim Jostein | Buy | 8.80K | — | — |
| 2025-05-22 | Jemley Charles | Buy | 8.80K | — | — |
| 2025-05-22 | Kussell William A | Buy | 8.80K | — | — |
| 2025-05-22 | Britt Irene Chang | Buy | 8.80K | — | — |
| 2025-05-22 | Alvarez Ralph | Buy | 12.57K | — | — |
| 2025-05-14 | Tomasso Christopher Anthony | Sell | 41.35K | $17.00 | 702.88K |
| 2025-05-13 | Tomasso Christopher Anthony | Sell | 42.35K | $17.00 | 719.88K |
| 2025-05-12 | Jemley Charles | Buy | 15.00K | $16.50 | 247.50K |
| 2025-04-10 | Tomasso Christopher Anthony | Buy | 365.41K | — | — |
| 2025-03-13 | HOPE H MELVILLE III | Buy | 48.72K | — | — |
| 2025-03-13 | Wolszczak Jay Anthony | Buy | 25.88K | — | — |
| 2025-03-13 | Hartman Eric Richard | Buy | 22.84K | — | — |
| 2025-03-13 | Tomasso Christopher Anthony | Buy | 194.88K | — | — |
| 2025-03-13 | Jones John Daniel | Buy | 21.32K | — | — |
| 2025-03-13 | Sorensen Laura Anne | Buy | 21.32K | — | — |
| 2025-03-13 | Eisenacher Matthew | Buy | 21.32K | — | — |
| 2025-03-12 | HOPE H MELVILLE III | Sell | 8.01K | $16.81 | 134.70K |
| 2025-03-12 | Wolszczak Jay Anthony | Sell | 5.74K | $16.81 | 96.54K |
| 2025-03-12 | Hartman Eric Richard | Sell | 3.92K | $16.81 | 65.83K |
| 2025-03-12 | Tomasso Christopher Anthony | Sell | 42.04K | $16.81 | 706.68K |
| 2025-03-12 | Jones John Daniel | Sell | 3.55K | $16.81 | 59.74K |
| 2025-03-12 | Sorensen Laura Anne | Sell | 3.67K | $16.81 | 61.78K |
| 2025-03-12 | Eisenacher Matthew | Sell | 4.26K | $16.81 | 71.56K |
| 2024-11-13 | Advent Partners GPE VIII Limited Partnership | Sell | 8.00M | $19.76 | 158.08M |
| 2024-11-13 | Advent International GPE VIII-I Limited Partnership | Sell | 8.00M | $19.76 | 158.08M |
| 2024-11-13 | ADVENT INTERNATIONAL, L.P. | Sell | 8.00M | $19.76 | 158.08M |
| 2024-11-02 | FLEISHER MICHAEL D | Buy | 8.15K | — | — |
| 2024-11-01 | FLEISHER MICHAEL D | Other | 0 | — | — |
| 2024-08-23 | Jemley Charles | Buy | 8.13K | — | — |
| 2024-08-22 | Jemley Charles | Other | 0 | — | — |
| 2024-05-23 | Britt Irene Chang | Buy | 5.19K | — | — |
| 2024-05-23 | Bradley Julie MB | Buy | 5.19K | — | — |
| 2024-05-23 | Alvarez Ralph | Buy | 7.79K | — | — |
| 2024-05-23 | Solheim Jostein | Buy | 5.19K | — | — |
| 2024-05-23 | Lilak Stephanie | Buy | 5.19K | — | — |
| 2024-05-23 | Kussell William A | Buy | 5.19K | — | — |
| 2024-04-22 | Kussell William A | Sell | 2.80K | $22.11 | 61.82K |
| 2024-04-22 | Kussell William A | Sell | 5.59K | $22.10 | 123.54K |
| 2024-03-15 | Wolszczak Jay Anthony | Sell | 15.00K | $8.45 | 126.75K |
| 2024-03-15 | Wolszczak Jay Anthony | Buy | 15.00K | $8.45 | 126.75K |
| 2024-03-15 | Wolszczak Jay Anthony | Sell | 15.00K | $24.29 | 364.35K |
| 2024-03-14 | Eisenacher Matthew | Sell | 3.77K | $24.28 | 91.54K |
| 2024-03-12 | Glynn Tricia | Sell | 6.90M | $23.99 | 165.53M |
| 2024-03-12 | Paresky David | Sell | 6.90M | $23.99 | 165.53M |
| 2024-03-12 | ADVENT INTERNATIONAL, L.P. | Sell | 6.90M | $23.99 | 165.53M |
| 2024-03-12 | Eisenacher Matthew | Sell | 1.60K | $24.43 | 39.09K |
| 2024-03-12 | Jones John Daniel | Sell | 1.98K | $24.43 | 48.30K |
| 2024-03-12 | Wolszczak Jay Anthony | Sell | 3.24K | $24.43 | 79.20K |
| 2024-03-12 | Sorensen Laura Anne | Sell | 2.10K | $24.43 | 51.21K |
| 2024-03-12 | HOPE H MELVILLE III | Sell | 4.50K | $24.43 | 109.98K |
| 2024-03-12 | Hartman Eric Richard | Sell | 58.53K | $8.45 | 494.54K |
| 2024-03-12 | Hartman Eric Richard | Buy | 58.53K | $8.45 | 494.54K |
| 2024-03-12 | Hartman Eric Richard | Sell | 58.53K | $24.50 | 1.43M |
| 2024-03-12 | Hartman Eric Richard | Sell | 2.23K | $24.43 | 54.45K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 213, holders -4 vs prior quarter. Ownership 107.38%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 4.53M | 462.39K | +11.36% | 58.44M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.82M | 466.03K | +13.88% | 49.29M |
| BANK OF NEW YORK MELLON CORP | 3.72M | -238.66K | -6.03% | 47.94M |
| DIMENSIONAL FUND ADVISORS LP | 2.60M | -487.94K | -15.82% | 33.48M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.45M | 51.21K | +2.13% | 31.63M |
| MILLENNIUM MANAGEMENT LLC | 2.19M | -1.04M | -32.16% | 28.27M |
| NEUBERGER BERMAN GROUP LLC | 2.07M | -1.51M | -42.11% | 26.67M |
| GW&K INVESTMENT MANAGEMENT, LLC | 2.01M | 47.92K | +2.45% | 25.87M |
| STEPHENS INVESTMENT MANAGEMENT GROUP LLC | 1.95M | 294.12K | +17.72% | 25.19M |
| HODGES CAPITAL MANAGEMENT INC. | 1.59M | 110.61K | +7.46% | 20.53M |
| EMERALD ADVISERS, LLC | 1.53M | 579.65K | +61.20% | 19.68M |
| BWCP, LP | 1.50M | 144.54K | +10.64% | 19.37M |
| PENN CAPITAL MANAGEMENT COMPANY, LLC | 1.47M | 331.59K | +29.06% | 19.02M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.44M | 138.73K | +10.63% | 18.62M |
| STATE STREET CORP | 1.40M | 211.22K | +17.70% | 18.11M |
| GRANAHAN INVESTMENT MANAGEMENT, LLC | 1.36M | 275.81K | +25.35% | 17.58M |
| RIVERBRIDGE PARTNERS LLC | 1.35M | -743.07K | -35.52% | 17.38M |
| BALYASNY ASSET MANAGEMENT L.P. | 1.21M | 930.65K | +331.22% | 15.62M |
| BANK OF AMERICA CORP /DE/ | 1.07M | 16.86K | +1.60% | 13.78M |
| QUBE RESEARCH & TECHNOLOGIES LTD | 981.96K | 493.17K | +100.90% | 12.66M |
| PARALEL ADVISORS LLC | 900.00K | 0 | 0.00% | 11.60M |
| LAZARD ASSET MANAGEMENT LLC | 846.05K | -934.79K | -52.49% | 10.91M |
| EMERALD MUTUAL FUND ADVISERS TRUST | 823.95K | 254.54K | +44.70% | 10.62M |
| NOMURA HOLDINGS INC | 820.81K | 438.15K | +114.50% | 10.58M |
| WOODLINE PARTNERS LP | 816.59K | 816.59K | New | 10.53M |
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