At the time of writing, European Wax Center Inc [EWCZ] stock is trading at $6.41, up 5.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EWCZ shares have gain 8.83% over the last week, with a monthly amount drifted -15.10%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of European Wax Center Inc fluctuated between $4.80 and $16.07. Currently, Wall Street analysts expect the stock to reach $7.38 within the next 12 months. European Wax Center Inc [NASDAQ: EWCZ] shares were valued at $6.41 at the most recent close of the market. An investor can expect a potential return of 15.13% based on the average EWCZ price forecast.
Analyzing the EWCZ fundamentals
According to European Wax Center Inc [NASDAQ:EWCZ], the company’s sales were 223.50M for trailing twelve months, which represents an -0.52% plunge. 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 5.99 points at the first support level, and at 5.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.72, and for the 2nd resistance point, it is at 7.03.
Ratios To Look Out For
It is important to note that European Wax Center Inc [NASDAQ:EWCZ] has a current ratio of 3.17. As well, the Quick Ratio is 2.42, while the Cash Ratio is 1.74. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 28.06.
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.
