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In the latest session, European Wax Center Inc (NASDAQ: EWCZ) closed at $5.50 down -6.70% from its previous closing price of $5.89. In other words, the price has decreased by -$6.70 from its previous closing price. On the day, 0.99 million shares were traded. EWCZ stock price reached its highest trading level at $6.04 during the session, while it also had its lowest trading level at $5.49.
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 5.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.60. 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 August 15, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $16 to $5.50.
Piper Sandler Upgraded its Neutral to Overweight on September 21, 2023, whereas the target price for the stock was revised from $19 to $22.
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 313354816 and an Enterprise Value of 651305344. As of this moment, European’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.08, and their Forward P/E ratio for the next fiscal year is 15.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 3.56. 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 -22.14%, while the 200-Day Moving Average is calculated to be -44.78%.
Shares Statistics:
For the past three months, EWCZ has traded an average of 692.28K shares per day and 958600 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 65.79% stake in the company. Shares short for EWCZ as of 1730332800 were 2271794 with a Short Ratio of 3.28, compared to 1727654400 on 2384423. Therefore, it implies a Short% of Shares Outstanding of 2271794 and a Short% of Float of 7.33.
