European Wax Center, Inc.

European Wax Center, Inc. Stock Forecast & Price Prediction

Live European Wax Center, Inc. Stock (EWCZ) Price
$6.01

9

Ratings

  • Buy 5
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$6.01

P/E Ratio

27.57

Volume Traded Today

$1.1M

Dividend

$3.3

52 Week High/low

16.07/4.80

European Wax Center, Inc. Market Cap

$361.0M

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EWCZ Summary

Based on ratings from 9 stock analysts, the European Wax Center, Inc. stock price is expected to increase by 42.47% in 12 months. This is calculated by using the average 12-month stock price forecast for European Wax Center, Inc.. The lowest target is $5 and the highest is $18. Please note analyst price targets are not guaranteed and could be missed completely.

EWCZ Analyst Ratings

About 9 Wall Street analysts have assignedEWCZ 5 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect European Wax Center, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EWCZ. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

EWCZ stock forecast by analyst

These are the latest 20 analyst ratings of EWCZ.

Analyst/Firm

Rating

Price Target

Change

Date

Dana Telsey
Telsey Advisory Group

Outperform

$8

Maintains

Nov 15, 2024
Simeon Gutman
Morgan Stanley

Underweight

$5

Downgrade

Nov 15, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$8

Maintains

Nov 14, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$8

Maintains

Sep 20, 2024
Lorraine Hutchinson
B of A Securities

Buy

$8

Maintains

Aug 21, 2024
Scot Ciccarelli
Truist Securities

Buy

$8

Maintains

Aug 15, 2024
Jonathan Komp
Baird

Neutral

$7

Maintains

Aug 15, 2024
Kelly Crago
Citigroup

Neutral

$5.5

Downgrade

Aug 15, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$8

Maintains

Aug 15, 2024
Simeon Gutman
Morgan Stanley

Equal-Weight

$5

Maintains

Aug 15, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$16

Maintains

Aug 14, 2024
Korinne Wolfmeyer
Piper Sandler

Overweight

$12

Maintains

Jul 11, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$16

Maintains

May 30, 2024
Lorraine Hutchinson
B of A Securities

Buy

$16

Maintains

May 16, 2024
Scot Ciccarelli
Truist Securities

Buy

$16

Maintains

May 16, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$16

Maintains

May 16, 2024
Kelly Crago
Citigroup

Buy

$16

Maintains

May 16, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$18

Maintains

May 15, 2024
Dana Telsey
Telsey Advisory Group

Outperform

$18

Reiterates

Mar 7, 2024
Scot Ciccarelli
Truist Securities

Buy

$17

Maintains

Mar 7, 2024

EWCZ Company Information

What They Do: Provides franchised waxing services in the US.

Business Model: The company operates as a franchisor, allowing individual franchisees to offer its waxing services. It generates revenue through franchise fees and royalties from franchisees, in addition to selling pre- and post-service products that complement its core services.

Other Information: Founded in 2004, European Wax Center is headquartered in Plano, Texas, and has established a strong presence in the beauty and personal care sector, focusing on body and facial hair removal.
EWCZ
European Wax Center, Inc. (EWCZ)

When did it IPO

2021

Staff Count

120

Country

United States

Sector/Industry

Consumer Defensive/Household & Personal Products

CEO

Mr. David L. Willis CPA

Market Cap

$361.0M

European Wax Center, Inc. (EWCZ) Financial Data

In 2023, EWCZ generated $221.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EWCZ's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$221.0M

0.00 %
From Previous Year
  • Revenue TTM $223.8M
  • Operating Margin TTM 24.0%
  • Gross profit TTM $158.4M
  • Return on assets TTM 4.3%
  • Return on equity TTM 13.8%
  • Profit Margin 5.6%
  • Book Value Per Share 1.72%
  • Market capitalisation $361.0M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $221.0M
  • EPS this year (TTM) $0.23

European Wax Center, Inc. (EWCZ) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - European Wax Center, Inc. (NASDAQ: EWCZ) will participate in the Morgan Stanley 2024 Global Consumer & Retail Conference on December 3, 2024, in New York City.

Why It Matters - Management participation in a major conference signals potential insights into company performance and strategy, influencing investor sentiment and stock valuation.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - European Wax Center (NASDAQ: EWCZ) has been awarded the Best Nationwide Waxing Studio in the 2024 Shape Beauty Awards, highlighting its leadership in the waxing services sector.

Why It Matters - European Wax Center's award recognition enhances brand reputation, potentially driving customer growth and revenue, which can positively impact stock performance and investor confidence.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - European Wax Center, Inc. (NASDAQ:EWCZ) will hold its Q3 2024 earnings conference call on November 14, 2024, at 8:00 AM ET, featuring key executives and analysts.

Why It Matters - The Q3 earnings call provides insights into European Wax Center's financial health and growth prospects, influencing investor sentiment and stock performance.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - European Wax Center (NASDAQ: EWCZ) reported Q3 FY2024 results: net new centers up 3.7% to 1,064, system-wide sales down 0.2% to $240.2M, and GAAP net income decreased 50.7% to $2M.

Why It Matters - The update on European Wax Center's financial performance shows declining revenue and income, indicating potential challenges ahead, which may affect investor confidence and stock valuation.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - European Wax Center (EWCZ) is expected to report its performance for Q3 2024, with analysis focusing on key metrics beyond traditional revenue and earnings estimates.

Why It Matters - Evaluating EWCZ's performance beyond traditional estimates may reveal hidden growth potential or risks, influencing investment decisions and stock valuations.

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - European Wax Center (EWCZ) has a strong history of earnings surprises and shows potential for a positive outcome in its upcoming quarterly report.

Why It Matters - EWCZ's strong earnings surprise history and favorable conditions indicate potential for positive quarterly results, which could boost investor confidence and stock performance.

...

EWCZ Frequently asked questions

The highest forecasted price for EWCZ is $18 from Jonathan Komp at Baird.

The lowest forecasted price for EWCZ is $5 from Simeon Gutman from Morgan Stanley

The EWCZ analyst ratings consensus are 5 buy ratings, 3 hold ratings, and 1 sell ratings.