Is European Wax Center Inc (EWCZ) Stock a Good Buy for Short-term Investors?

Currently, European Wax Center Inc [EWCZ] is trading at $6.34, up 7.64%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EWCZ shares have gain 15.27% over the last week, with a monthly amount drifted -7.04%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

European Wax Center Inc [NASDAQ: EWCZ] stock has seen the most recent analyst activity on November 15, 2024, when Morgan Stanley downgraded its rating to a Underweight but kept the price target unchanged to $5 for it. Previously, Citigroup downgraded its rating to Neutral on August 15, 2024, and dropped its price target to $5.50. On September 21, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $22 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $21 on April 05, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $22 as its price target on August 30, 2022. Truist started tracking with a Buy rating for this stock on August 30, 2021, and assigned it a price target of $30. In a note dated August 30, 2021, Telsey Advisory Group initiated an Outperform rating and provided a target price of $30 on this stock.

This stock has fluctuated between a low of $4.80 and a high of $16.07 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $10.3 within the next 12 months. European Wax Center Inc [NASDAQ: EWCZ] shares were valued at $6.34 at the most recent close of the market. An investor can expect a potential return of 62.46% based on the average EWCZ price forecast.

Analyzing the EWCZ fundamentals

Trailing Twelve Months sales for European Wax Center Inc [NASDAQ:EWCZ] were 223.50M which represents -0.52% decline. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.14 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.48.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.05 points at the first support level, and at 5.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.54, and for the 2nd resistance point, it is at 6.74.

Ratios To Look Out For

To put it in perspective, the Current Ratio for European Wax Center Inc [NASDAQ:EWCZ] is 3.17. Also, the Quick Ratio is 2.42, while the Cash Ratio stands at 1.74. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 4.11 and price to earnings (TTM) ratio is 27.76.

Transactions by insiders

Recent insider trading involved Thomassee Cindy, CAO and Controller, that happened on May 16 ’24 when 10000.0 shares were sold. CAO and Controller, Thomassee Cindy completed a deal on Mar 11 ’24 to sell 1200.0 shares.

Related Posts