First Watch Restaurant Gr FWRG underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 5 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 3 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for First Watch Restaurant Gr, presenting an average target of $26.75, a high estimate of $32.00, and a low estimate of $22.00. This current average has increased by 14.32% from the previous average price target of $23.40.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive First Watch Restaurant Gr. The following summary 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 | Lowers | Overweight | $27.00 | $29.00 |
Andrew Charles | TD Cowen | Maintains | Hold | $26.00 | - |
Andrew Charles | TD Cowen | Maintains | Hold | $26.00 | - |
Andrew Charles | TD Cowen | Maintains | Hold | $26.00 | - |
Chris O'Cull | Stifel | Raises | Hold | $22.00 | $20.00 |
Jon Tower | Citigroup | Raises | Buy | $32.00 | $24.00 |
Jeffrey Bernstein | Barclays | Raises | Overweight | $29.00 | $23.00 |
Andrew Charles | TD Cowen | Raises | Market Perform | $26.00 | $21.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Watch Restaurant Gr. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of First Watch Restaurant Gr compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of First Watch Restaurant Gr's stock. This examination reveals shifts in analysts' expectations over time.
To gain a panoramic view of First Watch Restaurant Gr's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
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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.
Financial Milestones: First Watch Restaurant Gr's Journey
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, First Watch Restaurant Gr showcased positive performance, achieving a revenue growth rate of 31.7% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: First Watch Restaurant Gr's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 1.08%, the company may face hurdles in effective cost management.
Return on Equity (ROE): First Watch Restaurant Gr's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.47%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.21%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.08.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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