What Analysts Are Saying About First Watch Restaurant Gr Stock

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In the preceding three months, 4 analysts have released ratings for First Watch Restaurant Gr FWRG, presenting a wide array of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 1 0 0 0

Analysts have recently evaluated First Watch Restaurant Gr and provided 12-month price targets. The average target is $22.0, accompanied by a high estimate of $23.00 and a low estimate of $20.00. Highlighting a 1.12% decrease, the current average has fallen from the previous average price target of $22.25.

Decoding Analyst Ratings: A Detailed Look

The standing of First Watch Restaurant Gr among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jeffrey Bernstein Barclays Raises Overweight $23.00 $20.00
Brian Vaccaro Raymond James Raises Strong Buy $23.00 $22.00
Jeffrey Bernstein Barclays Lowers Overweight $20.00 $23.00
Brian Vaccaro Raymond James Lowers Strong Buy $22.00 $24.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Watch Restaurant Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of First Watch Restaurant Gr compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of First Watch Restaurant Gr's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into First Watch Restaurant Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on First Watch Restaurant Gr analyst ratings.

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Unveiling the Story Behind First Watch Restaurant Gr

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.

Breaking Down First Watch Restaurant Gr's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: First Watch Restaurant Gr's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 17.32%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: First Watch Restaurant Gr's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 2.47%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): First Watch Restaurant Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.98%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): First Watch Restaurant Gr's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.46%, the company may face hurdles in achieving optimal financial returns.

Debt Management: First Watch Restaurant Gr's debt-to-equity ratio is below the industry average. With a ratio of 1.01, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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