European Wax Center Inc (NASDAQ:EWCZ) has a beta value of 1.16 and has seen 1.05 million shares traded in the last trading session. The company, currently valued at $232.46M, closed the last trade at $4.20 per share which meant it gained $0.25 on the day or 6.33% during that session. The EWCZ stock price is -213.1% off its 52-week high price of $13.15 and 35.24% above the 52-week low of $2.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.74 million shares traded. The 3-month trading volume is 627.37K shares.
The consensus among analysts is that European Wax Center Inc (EWCZ) is Buy stock at the moment, with a recommendation rating of 2.56. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
European Wax Center Inc (NASDAQ:EWCZ) trade information
Sporting 6.33% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EWCZ stock price touched $4.20 or saw a rise of 3.0%. Year-to-date, European Wax Center Inc shares have moved -37.03%, while the 5-day performance has seen it change 1.94%. Over the past 30 days, the shares of European Wax Center Inc (NASDAQ:EWCZ) have changed -31.03%. Short interest in the company has seen 1.94 million shares shorted with days to cover at 3.25.
Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 23.64% from current levels. The projected low price target is $5.0 while the price target rests at a high of $15.0. In that case, then, we find that the current price level is -257.14% off the targeted high while a plunge would see the stock gain -19.05% from current levels.
European Wax Center Inc (EWCZ) estimates and forecasts
The company’s shares have lost -39.31% over the past 6 months.
Earnings growth for 2025 is a modest -34.57% while over the next 5 years, the company’s earnings are expected to increase by 1.69%.
EWCZ Dividends
European Wax Center Inc is expected to release its next earnings report on 2025-Mar-10 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
European Wax Center Inc (NASDAQ:EWCZ)’s Major holders
Insiders own 2.39% of the company shares, while shares held by institutions stand at 95.04% with a share float percentage of 97.36%. Investors are also buoyed by the number of investors in a company, with European Wax Center Inc having a total of 157.0 institutions that hold shares in the company. The top two institutional holders are GENERAL ATLANTIC, L.P. with over 13.11 million shares worth more than $130.19 million. As of 2024-06-30, GENERAL ATLANTIC, L.P. held 27.2137% of shares outstanding.
The other major institutional holder is CHAMPLAIN INVESTMENT PARTNERS, LLC, with the holding of over 3.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $37.12 million and represent 7.7589% of shares outstanding.
