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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.