Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $5.24 in the prior trading day, European Wax Center Inc (NASDAQ: EWCZ) closed at $5.06, down -3.44%. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 0.91 million shares were traded. EWCZ stock price reached its highest trading level at $5.36 during the session, while it also had its lowest trading level at $4.942.
Ratios:
Our goal is to gain a better understanding of EWCZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.93. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 5.51 whereas as Long-Term Debt/Eq ratio is at 5.44.
On November 15, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight but kept the price unchanged to $5.
Citigroup Downgraded its Buy to Neutral on August 15, 2024, whereas the target price for the stock was revised from $16 to $5.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’24 when Scott Nital P. sold 15,048 shares for $5.80 per share. The transaction valued at 87,278 led to the insider holds 14,214 shares of the business.
Scott Nital P. sold 4,344 shares of EWCZ for $25,419 on Dec 17 ’24. The Director now owns 29,262 shares after completing the transaction at $5.85 per share. On Dec 18 ’24, another insider, Scott Nital P., who serves as the Director of the company, bought 15,048 shares for $5.80 each.
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 288131584 and an Enterprise Value of 651305344. As of this moment, European’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.15, and their Forward P/E ratio for the next fiscal year is 13.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 3.28. 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 -23.40%, while the 200-Day Moving Average is calculated to be -43.57%.
Shares Statistics:
The stock has traded on average 752.12K shares per day over the past 3-months and 664830 shares per day over the last 10 days, according to various share statistics. A total of 44.75M shares are outstanding, with a floating share count of 30.86M. Insiders hold about 31.06% of the company’s shares, while institutions hold 70.11% stake in the company. Shares short for EWCZ as of 1730332800 were 2271794 with a Short Ratio of 2.62, compared to 1727654400 on 2384423. Therefore, it implies a Short% of Shares Outstanding of 2271794 and a Short% of Float of 7.33.
