How to Buy First Watch Restaurant Group Stock
First Watch Restaurant Group Inc
First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name.
First Watch Restaurant Group stock last closed at $19.59, up 4.59% from the previous day, and has decreased 11.16% in one year. It has underperformed other stocks in the Restaurants industry by 0.09 percentage points. First Watch Restaurant Group stock is currently +51.86% from its 52-week low of $12.90, and -24.6% from its 52-week high of $25.98.
There are currently 60.7M FWRG shares outstanding. The market value of FWRG is $1.19B. In the last 24 hours, 912,917 FWRG shares were traded.
How to Buy First Watch Restaurant Group Stock
Not sure how to invest in First Watch Restaurant Group stock? Here's how.
- Choose where to buy First Watch Restaurant Group stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy First Watch Restaurant Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Analyze First Watch Restaurant Group stock: The First Watch Restaurant Group ticker symbol is FWRG. Is First Watch Restaurant Group stock a good investment? Should you buy shares of FWRG? How do FWRG's underlying business fundamentals look? Do top analysts think First Watch Restaurant Group is a good buy? Why has FWRG's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if FWRG is a good stock to buy).
- Make your FWRG purchase: Decide if you will purchase FWRG shares at the current market price or use a limit order to purchase FWRG stock at a particular price.
- Keep an eye on your FWRG investment: Create a watchlist to key updates about your new investment in First Watch Restaurant Group stock.
Step 1: Choose where to buy First Watch Restaurant Group stock
You will need an online brokerage account to access the NASDAQ market and buy FWRG shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you are able to buy FWRG today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on a good online stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing money into your brokerage account.
Step 4: Analyze First Watch Restaurant Group stock
After you have figured out the best place to buy First Watch Restaurant Group stock, it's crucial to analyze their stock prior to investing, so you can understand the risk as well as the opportunity.
First Watch Restaurant Group shares at a glance
First Watch Restaurant Group Overview
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on FWRG's stock page.
What is the fair value of FWRG stock?
You can use many financial metrics, analyses, models, and charts to gauge FWRG's fair value.
Using relative valuations methods:
- FWRG could be overvalued based on its P/E ratio of 63.19x, relative to Restaurants industry P/E ratio of 32.84x
- FWRG could be undervalued based on its P/B ratio of 2x, relative to Restaurants industry P/B ratio of 254.07x
- FWRG may be overvalued based on its PEG ratio of 2.26x
You can access more valuation research on FWRG's stock here.
Is FWRG a healthy company?
Positive Financial Indicators:
- FWRG has $33.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $12.28M.
- FWRG has cash burn of 12276000. It has enough cash and short-term investments to cover this for at least one year.
- Total FWRG debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the FWRG balance sheet.
- There are more short-term liabilities than short-term assets on the FWRG balance sheet.
- FWRG profit margin has gone down from 2.8% to 1.9% in the past year.
- FWRG has a relatively high debt to equity ratio of 1.54.
Is First Watch Restaurant Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 Equities analysts who track FWRG, the consensus analyst rating on First Watch Restaurant Group is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest FWRG Analyst Recommendations
Nicole Miller Regan, a top 5% analyst from Piper Sandler maintains FWRG with a strong buy rating and raises their FWRG price target from $22.00 to $23.00, on Nov 11, 2024.
Piper Sandler's Nicole Miller Regan raised their price target on First Watch Restaurant Group (NASDAQ: FWRG) by 4.5% from $22 to $23 on 2024/11/11. The analyst maintained their Strong Buy rating on the stock.
First Watch Restaurant Group reported its Q3 2024 earnings.
Regan said that, on balance, the quarter "was about in line with expectations."
Looking ahead, the analyst noted that "there were some encouraging earnings call comments about management's recent targeted marketing efforts."
It was noted on the call, as well, the analyst said, that dining room traffic turned positive in 2024/09.
Earnings Report
For Q3 2024, First Watch Restaurant Group reported:
- EPS of $0.03, which missed the Zacks Consensus Estimate of $0.05 and, by 66.7%, Q3 2023’s $0.09.
- Revenue of $251.61M, which missed the Zacks Consensus Estimate by 3.25% but beat, by 14.8%, Q3 2023’s $219.21M.
For FY 2024, management guided:
- Revenue growth of 16.5% to 17.0%.
President & CEO Chris Tomasso commented: “We are pleased with our performance in Q3 as it reflects our teams’ superb restaurant-level operations, especially considering an uneven consumer backdrop.
“Traffic picked up through the quarter, our employee turnover once again improved and remains favorable relative to the industry as a whole, and Adjusted EBITDA grew 18%.
“We are committed to ensuring our people and real estate pipelines are in place to support our growth to 2,200 locations.”
Brian Vaccaro, a top 1% analyst from Raymond James maintains FWRG with a strong buy rating and raises their FWRG price target from $22.00 to $25.00, on Nov 8, 2024.
You can dive deeper into what analysts are saying on the First Watch Restaurant Group stock forecast page.
FWRG Technical Indicators
FWRG Performance Numbers
Last year, FWRG earnings were $18.93M. Over the past two year, FWRG's earnings have gone up by 60.73% per year. This was faster than the Restaurants industry average of 33.5%.
Last year, FWRG revenue was $1.02B. During the last 5 year, FWRG's revenue has increased by 18.41% per year. This was faster than the Restaurants industry average of 9.31%.
You can research FWRG's earnings and revenue performance here.
Who is buying/selling FWRG?
In the past year, insiders at FWRG have sold more shares than they have bought.
Matthew Eisenacher, Chief Brand Officer of FWRG, was the latest FWRG insider to sell. They sold $71,560.17 worth of FWRG stock on Mar 12, 2025.
Dig into more about who owns FWRG shares here.
Can I get consistent income from FWRG stock?
No, First Watch Restaurant Group doesn't provide an income stream by paying out dividends.
What others are saying about FWRG
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your FWRG purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your FWRG investment
Now that you own some shares in FWRG, you'll want to stay up-to-date on your company.
Create a watchlist to keep tabs on your FWRG stock.
FWRG Feed
How to Buy Stock in First Watch Restaurant Group
To reiterate, here are the 6 steps you need to take to buy First Watch Restaurant Group stock right now:
- Choose where to buy First Watch Restaurant Group stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze First Watch Restaurant Group stock
- Make your FWRG purchase
- Keep an eye on your FWRG investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in First Watch Restaurant Group, click below.
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