In the last trading session, 1.13 million European Wax Center Inc (NASDAQ:EWCZ) shares changed hands as the company’s beta touched 1.16. With the company’s per share price at $4.35 changed hands at $0.15 or 3.45% during last session, the market valuation stood at $240.76M. EWCZ’s last price was a discount, traded about -205.98% off its 52-week high of $13.31. The share price had its 52-week low at $2.72, which suggests the last value was 37.47% up since then. When we look at European Wax Center Inc’s average trading volume, we note the 10-day average is 0.8 million shares, with the 3-month average coming to 649.61K.
Analysts gave the European Wax Center Inc (EWCZ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended EWCZ as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. European Wax Center Inc’s EPS for the current quarter is expected to be 0.06.
European Wax Center Inc (NASDAQ:EWCZ) trade information
Instantly EWCZ was in green as seen at the end of in last trading. With action -21.62%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.78%, with the 5-day performance at -21.62% in the red. However, in the 30-day time frame, European Wax Center Inc (NASDAQ:EWCZ) is -36.40% down. Looking at the short shares, we see there were 1.83 million shares sold at short interest cover period of 4.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5.5, meaning bulls need an upside of 20.91% from its current market value. According to analyst projections, EWCZ’s forecast low is 5 with 6 as the target high. To hit the forecast high, the stock’s price needs a -37.93% plunge from its current level, while the stock would need to soar -14.94% for it to hit the projected low.
European Wax Center Inc (EWCZ) estimates and forecasts
Year-over-year growth is forecast to reach -0.77% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 50.59M. 7 analysts are of the opinion that European Wax Center Inc’s revenue for the current quarter will be 58.62M. The company’s revenue for the corresponding quarters a year ago was 51.87M and 59.87M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.47%. The estimates for the next quarter sales put growth at -2.09%.
The 2025 estimates are for European Wax Center Inc earnings to decrease by -32.77%, but the outlook for the next 5-year period is at 4.83% per year.
EWCZ Dividends
European Wax Center Inc is expected to release its next quarterly earnings report on 2025-Mar-10.
European Wax Center Inc (NASDAQ:EWCZ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.23% of European Wax Center Inc shares while 95.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 97.30%. There are 95.12% institutions holding the European Wax Center Inc stock share, with GENERAL ATLANTIC, L.P. the top institutional holder. As of 2024-06-30, the company held 27.2137% of the shares, roughly 13.11 million EWCZ shares worth $130.19 million.
CHAMPLAIN INVESTMENT PARTNERS, LLC holds the second largest percentage of outstanding shares, with 7.7589% or 3.74 million shares worth $37.12 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 944.26 shares estimated at $4.11 million under it, the former controlled 2.18% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.99% of the shares, roughly 864.64 shares worth around $3.76 million.
