European Wax Center Inc [EWCZ] stock prices are up 2.67% to $6.53 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The EWCZ shares have gain 6.01% over the last week, with a monthly amount glided 7.05%, and 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 December 19, 2024, when Telsey Advisory Group downgraded its rating to a Market Perform but kept the price target unchanged to $6 for it. Previously, Morgan Stanley downgraded its rating to Underweight on November 15, 2024, and kept the price target unchanged to $5. On August 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $5.50 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $22 on September 21, 2023. Robert W. Baird downgraded its rating to a Neutral but $21 remained the price target by the analyst firm on April 05, 2023. Piper Sandler started tracking with a Neutral rating for this stock on August 30, 2022, and assigned it a price target of $22. In a note dated August 30, 2021, Truist initiated an Buy rating and provided a target price of $30 on this stock.
The stock price of European Wax Center Inc [EWCZ] has been fluctuating between $4.80 and $16.07 over the past year. Currently, Wall Street analysts expect the stock to reach $7.1 within the next 12 months. European Wax Center Inc [NASDAQ: EWCZ] shares were valued at $6.53 at the most recent close of the market. An investor can expect a potential return of 8.73% based on the average EWCZ price forecast.
Analyzing the EWCZ fundamentals
The European Wax Center Inc [NASDAQ:EWCZ] reported sales of 223.50M for trailing twelve months, representing a drop of -0.52%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.48.
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 6.35 points at the first support level, and at 6.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.65, and for the 2nd resistance point, it is at 6.76.
Ratios To Look Out For
It’s worth pointing out that European Wax Center Inc [NASDAQ:EWCZ]’s Current Ratio is 3.17. On the other hand, the Quick Ratio is 2.42, and the Cash Ratio is 1.74. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 4.23 and price to earnings (TTM) ratio is 28.59.
Transactions by insiders
Recent insider trading involved Scott Nital P., Director, that happened on Dec 18 ’24 when 15048.0 shares were sold. Director, Scott Nital P. completed a deal on Dec 17 ’24 to sell 4344.0 shares. Meanwhile, Director Scott Nital P. bought 15048.0 shares on Dec 18 ’24.
