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The price of European Wax Center Inc (NASDAQ: EWCZ) closed at $6.36 in the last session, down -4.65% from day before closing price of $6.67. In other words, the price has decreased by -$4.65 from its previous closing price. On the day, 1.04 million shares were traded. EWCZ stock price reached its highest trading level at $6.71 during the session, while it also had its lowest trading level at $6.165.
Ratios:
We take a closer look at EWCZ’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.42. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 362157472 and an Enterprise Value of 651305344. As of this moment, European’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.85, and their Forward P/E ratio for the next fiscal year is 17.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 4.12. 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 -1.96%, while the 200-Day Moving Average is calculated to be -27.00%.
Shares Statistics:
According to the various share statistics, EWCZ traded on average about 781.18K shares per day over the past 3-months and 895490 shares per day over the past 10 days. A total of 44.75M shares are outstanding, with a floating share count of 30.88M. Insiders hold about 31.01% of the company’s shares, while institutions hold 70.54% stake in the company. Shares short for EWCZ as of 1730332800 were 2271794 with a Short Ratio of 2.42, compared to 1727654400 on 2384423. Therefore, it implies a Short% of Shares Outstanding of 2271794 and a Short% of Float of 7.33.