Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, European Wax Center Inc (NASDAQ: EWCZ) closed at $11.30 down -2.50% from its previous closing price of $11.59. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 0.54 million shares were traded. EWCZ stock price reached its highest trading level at $11.63 during the session, while it also had its lowest trading level at $11.22.
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 9.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 4.56 whereas as Long-Term Debt/Eq ratio is at 4.50.
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, Piper Sandler on September 21, 2023, Upgraded its rating to Overweight and sets its target price to $22 from $19 previously.
On April 05, 2023, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $21.
On August 30, 2022, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $22.Piper Sandler initiated its Neutral rating on August 30, 2022, with a $22 target price.
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 Mar 11 ’24 when Thomassee Cindy sold 1,200 shares for $14.76 per share. The transaction valued at 17,706 led to the insider holds 86,900 shares of the business.
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 687346240 and an Enterprise Value of 909527616. As of this moment, European’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.81, and their Forward P/E ratio for the next fiscal year is 22.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 6.95. Its current Enterprise Value per Revenue stands at 4.115 whereas that against EBITDA is 13.986.
Stock Price History:
Over the past 52 weeks, EWCZ has reached a high of $20.00, while it has fallen to a 52-week low of $10.82. The 50-Day Moving Average of the stock is -10.26%, while the 200-Day Moving Average is calculated to be -24.17%.
Shares Statistics:
For the past three months, EWCZ has traded an average of 455.46K shares per day and 303130 over the past ten days. A total of 51.26M shares are outstanding, with a floating share count of 31.49M. Insiders hold about 35.21% of the company’s shares, while institutions hold 75.46% stake in the company. Shares short for EWCZ as of 1713139200 were 5942770 with a Short Ratio of 13.05, compared to 1710460800 on 5698656. Therefore, it implies a Short% of Shares Outstanding of 5942770 and a Short% of Float of 18.67.
