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In the latest session, European Wax Center Inc (NASDAQ: EWCZ) closed at $6.16 down -23.16% from its previous closing price of $8.01. In other words, the price has decreased by -$23.16 from its previous closing price. On the day, 3.18 million shares were traded. EWCZ stock price reached its highest trading level at $8.906 during the session, while it also had its lowest trading level at $6.155.
Ratios:
For a deeper understanding of European Wax Center Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.24. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 3.49. In the meantime, Its Debt-to-Equity ratio is 4.49 whereas as Long-Term Debt/Eq ratio is at 4.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on August 15, 2024, Downgraded its rating to Neutral and sets its target price to $5.50 from $16 previously.
On September 21, 2023, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $19 to $22.
Robert W. Baird Downgraded its Outperform to Neutral on April 05, 2023, while the target price for the stock was maintained at $21.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 16 ’24 when Thomassee Cindy sold 10,000 shares for $11.01 per share. The transaction valued at 110,100 led to the insider holds 75,416 shares of the business.
Thomassee Cindy sold 1,200 shares of EWCZ for $17,706 on Mar 11 ’24. The CAO and Controller now owns 86,900 shares after completing the transaction at $14.76 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EWCZ now has a Market Capitalization of 350602368 and an Enterprise Value of 651305344. As of this moment, European’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.89, and their Forward P/E ratio for the next fiscal year is 17.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 2.91 whereas that against EBITDA is 9.192.
Stock Price History:
Over the past 52 weeks, EWCZ has reached a high of $16.07, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -13.47%, while the 200-Day Moving Average is calculated to be -38.80%.
Shares Statistics:
For the past three months, EWCZ has traded an average of 811.24K shares per day and 590450 over the past ten days. A total of 48.48M shares are outstanding, with a floating share count of 33.94M. Insiders hold about 28.95% of the company’s shares, while institutions hold 68.34% stake in the company. Shares short for EWCZ as of 1730332800 were 2271794 with a Short Ratio of 2.80, compared to 1727654400 on 2384423. Therefore, it implies a Short% of Shares Outstanding of 2271794 and a Short% of Float of 7.33.
Earnings Estimates
The stock of European Wax Center Inc (EWCZ) is currently drawing attention from 9.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.07, with high estimates of $0.09 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.36 and $0.24 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.37, with 9.0 analysts recommending between $0.47 and $0.23.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $52.33M this quarter.It ranges from a high estimate of $53.6M to a low estimate of $51M. As of the current estimate, European Wax Center Inc’s year-ago sales were $56.33MFor the next quarter, 8 analysts are estimating revenue of $52.9M. There is a high estimate of $54M for the next quarter, whereas the lowest estimate is $51.2M.
A total of 9 analysts have provided revenue estimates for EWCZ’s current fiscal year. The highest revenue estimate was $219.5M, while the lowest revenue estimate was $216.72M, resulting in an average revenue estimate of $218.42M. In the same quarter a year ago, actual revenue was $221.02MBased on 9 analysts’ estimates, the company’s revenue will be $226.98M in the next fiscal year. The high estimate is $229.8M and the low estimate is $223M.
