First Watch Restaurant Group Inc (NASDAQ:FWRG) to Post Q3 2021 Earnings of ($0.01) Per Share, Jefferies Financial Group Forecasts

First Watch Restaurant Group Inc (NASDAQ:FWRG) – Analysts at Jefferies Financial Group issued their Q3 2021 earnings estimates for shares of First Watch Restaurant Group in a research report issued to clients and investors on Tuesday, October 26th. Jefferies Financial Group analyst A. Barish forecasts that the company will post earnings of ($0.01) per share for the quarter. Jefferies Financial Group currently has a “Buy” rating and a $30.00 target price on the stock. Jefferies Financial Group also issued estimates for First Watch Restaurant Group’s Q4 2021 earnings at ($0.11) EPS, FY2021 earnings at ($0.11) EPS, FY2022 earnings at $0.04 EPS, FY2023 earnings at $0.20 EPS and FY2024 earnings at $0.25 EPS.

A number of other analysts have also recently weighed in on FWRG. Stifel Nicolaus began coverage on shares of First Watch Restaurant Group in a research note on Tuesday. They issued a “buy” rating and a $25.00 price objective for the company. Bank of America initiated coverage on shares of First Watch Restaurant Group in a research note on Tuesday. They issued a “buy” rating and a $30.00 price objective for the company. Piper Sandler initiated coverage on shares of First Watch Restaurant Group in a research report on Tuesday. They set an “overweight” rating and a $25.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of First Watch Restaurant Group in a research report on Tuesday. They set a “buy” rating and a $26.00 target price on the stock. Finally, Cowen initiated coverage on shares of First Watch Restaurant Group in a research report on Tuesday. They set a “market perform” rating and a $21.50 target price on the stock. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $26.00.

Shares of First Watch Restaurant Group stock opened at $21.84 on Thursday. First Watch Restaurant Group has a 1-year low of $20.00 and a 1-year high of $25.46.

First Watch Restaurant Group Company Profile

First Watch Restaurant Group Inc is a daytime dining restaurant concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. It offers pancakes, omelets, sandwiches and salads, alongside specialty items like the Quinoa Power Bowl(R), Avocado Toast and the Chickichanga. First Watch Restaurant Group Inc is based in BRADENTON, Fla.

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Earnings History and Estimates for First Watch Restaurant Group (NASDAQ:FWRG)

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