First Watch Restaurant Group (FWRG) Expected to Announce Quarterly Earnings on Tuesday

Posted by MarketBeat News on Mar 9th, 2025

First Watch Restaurant Group (NASDAQ:FWRG – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $262.82 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

First Watch Restaurant Group Stock Performance

Shares of FWRG opened at $19.00 on Friday. The stock has a 50-day simple moving average of $19.96 and a 200-day simple moving average of $18.13. The stock has a market capitalization of $1.15 billion, a PE ratio of 57.58, a PEG ratio of 3.38 and a beta of 0.91. First Watch Restaurant Group has a 1 year low of $12.90 and a 1 year high of $25.98. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 0.54.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FWRG. Piper Sandler boosted their target price on First Watch Restaurant Group from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Stephens reissued an “overweight” rating and issued a $25.00 target price on shares of First Watch Restaurant Group in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.33.

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About First Watch Restaurant Group

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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.