Should I buy or sell European Wax Center stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for European Wax Center in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EWCZ shares. View EWCZ analyst ratings or view top-rated stocks .

What is European Wax Center's stock price target for 2024?

4 Wall Street research analysts have issued 12 month target prices for European Wax Center's shares. Their EWCZ share price targets range from $14.00 to $20.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price. View analysts price targets for EWCZ or view top-rated stocks among Wall Street analysts .

How have EWCZ shares performed in 2024?

European Wax Center's stock was trading at $13.59 at the beginning of 2024. Since then, EWCZ stock has decreased by 15.9% and is now trading at $11.43. View the best growth stocks for 2024 here .

When is European Wax Center's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our EWCZ earnings forecast .

How were European Wax Center's earnings last quarter?

European Wax Center, Inc. (NASDAQ:EWCZ) posted its quarterly earnings data on Wednesday, March, 6th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The company earned $56.33 million during the quarter, compared to analysts' expectations of $53.98 million. European Wax Center had a trailing twelve-month return on equity of 6.69% and a net margin of 4.04%.

What guidance has European Wax Center issued on next quarter's earnings?

European Wax Center updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $225.0 million-$232.0 million, compared to the consensus revenue estimate of $233.9 million.

When did European Wax Center IPO?

European Wax Center (EWCZ) raised $175 million in an IPO on Thursday, August 5th 2021. The company issued 10,600,000 shares at a price of $15.00-$18.00 per share.

How do I buy shares of European Wax Center?

Shares of EWCZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:EWCZ

European Wax Center (EWCZ) Stock Price, News & Analysis

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$11.43

-0.11 (-0.95%)

(As of 04/15/2024 ET)

Compare

Today's Range: $11.27
▼
$11.67
50-Day Range: $11.43
▼
$15.81
52-Week Range: $11.27
▼
$20.19

Volume: 299,329 shs
Average Volume: 404,605 shs
Market Capitalization: $694.60 million

P/E Ratio: 67.24
Dividend Yield: N/A
Price Target: $17.00

Get European Wax Center alerts:

European Wax Center MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 48.7% Upside
$17.00 Price Target
Short Interest: Bearish
17.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.52
Based on 4 Articles This Week
Insider Trading: Selling Shares
$17,712 Sold Last Quarter
Proj. Earnings Growth: 48.39%
From $0.31 to $0.46 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Consumer Staples Sector

71st out of 139 stocks

Personal Services Industry

5th out of 10 stocks

3.4

Analyst's Opinion

Consensus Rating
European Wax Center has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
European Wax Center has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
17.17% of the float of European Wax Center has been sold short.
Short Interest Ratio / Days to Cover
European Wax Center has a short interest ratio ("days to cover") of 9.9.
Change versus previous month
Short interest in European Wax Center has recently decreased by 3.51%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
European Wax Center does not currently pay a dividend.
Dividend Growth
European Wax Center does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EWCZ.

2.5

News and Social Media Coverage

News Sentiment
European Wax Center has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for European Wax Center this week, compared to 2 articles on an average week.
MarketBeat Follows
3 people have added European Wax Center to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, European Wax Center insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,712.00 in company stock.
Percentage Held by Insiders
Only 5.90% of the stock of European Wax Center is held by insiders.
Percentage Held by Institutions
82.14% of the stock of European Wax Center is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for European Wax Center are expected to grow by 48.39% in the coming year, from $0.31 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of European Wax Center is 67.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of European Wax Center is 67.24, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 16.91.
Price to Earnings Growth Ratio
European Wax Center has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
European Wax Center has a P/B Ratio of 5.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About European Wax Center Stock (NASDAQ:EWCZ)

European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States. It offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments. The company was founded in 2004 and is headquartered in Plano, Texas.

EWCZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EWCZ Stock News Headlines

April 12, 2024 | americanbankingnews.com

European Wax Center (NASDAQ:EWCZ) Hits New 1-Year Low at $11.85

April 4, 2024 | prnewswire.com

EUROPEAN WAX CENTER NAMED ONE OF THE TOP 20 FASTEST-GROWING FRANCHISES OF 2024 BY ENTREPRENEUR

April 16, 2024 | InvestorPlace (Ad)

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April 3, 2024 | finance.yahoo.com

EUROPEAN WAX CENTER'S EWC TREAT® INGROWN HAIR MIST WINS 2024 NEWBEAUTY AWARD

March 28, 2024 | bizjournals.com

European Wax Center set to open fourth downtown Chicago location

March 22, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: European Wax Center (EWCZ), Vail Resorts (MTN) and Lululemon Athletica (LULU)

March 9, 2024 | finance.yahoo.com

European Wax Center, Inc. (NASDAQ:EWCZ) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

March 8, 2024 | seekingalpha.com

European Wax Center, Inc. (EWCZ) Q4 2023 Earnings Call Transcript

April 16, 2024 | InvestorPlace (Ad)

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March 7, 2024 | realmoney.thestreet.com

European Wax Center price target raised by $1 at Truist, here's why

March 7, 2024 | finance.yahoo.com

European Wax Center, Inc. (NASDAQ:EWCZ) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

European Wax Center Inc (EWCZ) Reports Growth Amidst Challenges in FY 2023

March 7, 2024 | finance.yahoo.com

Q4 2023 European Wax Center Inc Earnings Call

March 6, 2024 | finance.yahoo.com

European Wax Center (EWCZ) Shares Skyrocket, What You Need To Know

March 6, 2024 | finance.yahoo.com

European Wax Center's (NASDAQ:EWCZ) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations

March 6, 2024 | globenewswire.com

European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

March 5, 2024 | finance.yahoo.com

What To Expect From European Wax Center’s (EWCZ) Q4 Earnings

March 5, 2024 | finance.yahoo.com

European Wax Center, Inc. Announces Participation in the BofA Securities 2024 Consumer & Retail Conference

March 1, 2024 | finance.yahoo.com

European Wax Center, Inc. (NASDAQ:EWCZ) Shares Could Be 27% Below Their Intrinsic Value Estimate

February 22, 2024 | prnewswire.com

EUROPEAN WAX CENTER RANKED AMONG THE TOP FRANCHISES IN ENTREPRENEUR'S HIGHLY COMPETITIVE FRANCHISE 500® 2024

February 21, 2024 | finance.yahoo.com

European Wax Center, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 6th

February 21, 2024 | globenewswire.com

European Wax Center, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 6th

February 17, 2024 | finance.yahoo.com

EWCZ Mar 2024 10.000 call

February 14, 2024 | finance.yahoo.com

Has Aramark (ARMK) Outpaced Other Consumer Staples Stocks This Year?

February 10, 2024 | finance.yahoo.com

Is There Now An Opportunity In European Wax Center, Inc. (NASDAQ:EWCZ)?

January 11, 2024 | benzinga.com

Forecasting The Future: 4 Analyst Projections For European Wax Center

January 11, 2024 | markets.businessinsider.com

Piper Sandler Keeps Their Buy Rating on European Wax Center (EWCZ)

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Personal services
Sub-Industry: N/A
Current Symbol: NASDAQ:EWCZ
CUSIP: N/A
CIK: 1856236
Web: www.waxcenter.com
Phone: 469-264-8123
Fax: N/A
Employees: 120
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.00
High Stock Price Target: $20.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +48.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 67.24
Forward P/E Ratio: 36.87
P/E Growth: 1.92
Net Income: $8.93 million
Net Margins: 4.04%
Pretax Margin: 8.41%
Return on Equity: 6.69%
Return on Assets: 1.16%

Debt

Debt-to-Equity Ratio: 3.19
Current Ratio: 2.52
Quick Ratio: 1.98

Sales & Book Value

Annual Sales: $221.02 million
Price / Sales: 3.14
Cash Flow: $0.56 per share
Price / Cash Flow: 20.55
Book Value: $1.92 per share
Price / Book: 5.95

Miscellaneous

Outstanding Shares: 60,770,000
Free Float: 57,186,000
Market Cap: $694.60 million
Optionable: Optionable
Beta: 1.25

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Key Executives

Mr. David P. Berg (Age 63)
Executive Chairman of the Board
Comp: $1.46M
Mr. David L. Willis CPA (Age 52)
CEO & Director
Comp: $733.08k
Mr. Gavin M. O'Connor (Age 54)
Chief Administrative Officer
Comp: $603.99k
Ms. Stacie R. Shirley (Age 55)
Chief Financial Officer
Ms. Cindy Thomassee
Chief Accounting Officer & Controller
Mr. Mike Breeze
Chief Information Officer
Mr. Amir Yeganehjoo
VP, FP&A, Investor Relations & Treasury
Carly Tietzer
Vice President of Marketing
Ms. Julie A. Hauser-Blanner (Age 53)
Chief Franchise Officer
Mr. Joel Larkin
Chief Development Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EWCZ Stock Analysis - Frequently Asked Questions

Should I buy or sell European Wax Center stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for European Wax Center in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EWCZ shares.
View EWCZ analyst ratings or view top-rated stocks.
What is European Wax Center's stock price target for 2024?: 4 Wall Street research analysts have issued 12 month target prices for European Wax Center's shares. Their EWCZ share price targets range from $14.00 to $20.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price.
View analysts price targets for EWCZ or view top-rated stocks among Wall Street analysts.
How have EWCZ shares performed in 2024?: European Wax Center's stock was trading at $13.59 at the beginning of 2024. Since then, EWCZ stock has decreased by 15.9% and is now trading at $11.43.
View the best growth stocks for 2024 here.
When is European Wax Center's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our EWCZ earnings forecast.

How were European Wax Center's earnings last quarter?: European Wax Center, Inc. (NASDAQ:EWCZ) posted its quarterly earnings data on Wednesday, March, 6th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The company earned $56.33 million during the quarter, compared to analysts' expectations of $53.98 million. European Wax Center had a trailing twelve-month return on equity of 6.69% and a net margin of 4.04%.
What guidance has European Wax Center issued on next quarter's earnings?: European Wax Center updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $225.0 million-$232.0 million, compared to the consensus revenue estimate of $233.9 million.
When did European Wax Center IPO?: European Wax Center (EWCZ) raised $175 million in an IPO on Thursday, August 5th 2021. The company issued 10,600,000 shares at a price of $15.00-$18.00 per share.
How do I buy shares of European Wax Center?: Shares of EWCZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EWCZ) was last updated on 4/16/2024 by MarketBeat.com Staff

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European Wax Center (EWCZ) Stock Price, News & Analysis

European Wax Center MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About European Wax Center Stock (NASDAQ:EWCZ)

EWCZ Stock Price History

EWCZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EWCZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™