During the last session, European Wax Center Inc (NASDAQ:EWCZ)’s traded shares were 1.04 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $6.36, reflecting an intraday loss of -4.65% or -$0.31. The 52-week high for the EWCZ share is $16.07, that puts it down -152.67 from that peak though still a striking 24.53% gain since the share price plummeted to a 52-week low of $4.80. The company’s market capitalization is $362.16M, and the average intraday trading volume over the past 10 days was 0.9 million shares, and the average trade volume was 781.18K shares over the past three months.
European Wax Center Inc (EWCZ) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. EWCZ has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
European Wax Center Inc (NASDAQ:EWCZ) trade information
European Wax Center Inc (EWCZ) registered a -4.65% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.65% in intraday trading to $6.36, hitting a weekly high. The stock’s 5-day price performance is 19.10%, and it has moved by 9.09% in 30 days. Based on these gigs, the overall price performance for the year is -52.07%. The short interest in European Wax Center Inc (NASDAQ:EWCZ) is 2.27 million shares and it means that shorts have 6.74 day(s) to cover.
The consensus price target of analysts on Wall Street is $6, which implies a decrease of -6.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $12 respectively. As a result, EWCZ is trading at a discount of -88.68% off the target high and 21.38% off the low.
European Wax Center Inc (EWCZ) estimates and forecasts
Statistics show that European Wax Center Inc has underperformed its competitors in share price, compared to the industry in which it operates. European Wax Center Inc (EWCZ) shares have gone down -36.21% during the last six months, with a year-to-date growth rate less than the industry average at -8.11% against -4.80.
While earnings are projected to return -7.38% in 2025.
EWCZ Dividends
European Wax Center Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
European Wax Center Inc (NASDAQ:EWCZ)’s Major holders
European Wax Center Inc insiders own 0.74% of total outstanding shares while institutional holders control 97.70%, with the float percentage being 98.42%. GENERAL ATLANTIC, L.P. is the largest shareholder of the company, while 173.0 institutions own stock in it. As of 2024-06-30, the company held over 13.11 million shares (or 26.9722% of all shares), a total value of $130.19 million in shares.
The next largest institutional holding, with 3.74 million shares, is of CHAMPLAIN INVESTMENT PARTNERS, LLC’s that is approximately 7.69% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $37.12 million.
