European Wax Center (EWCZ) to Release Quarterly Earnings on Wednesday

European Wax Center (NASDAQ:EWCZ - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

European Wax Center Stock Up 1.8%

EWCZ stock opened at $3.96 on Wednesday. The stock has a market capitalization of $219.17 million, a P/E ratio of 17.22, a PEG ratio of 1.72 and a beta of 1.17. The company has a debt-to-equity ratio of 3.81, a quick ratio of 2.42 and a current ratio of 3.17. European Wax Center has a one year low of $2.72 and a one year high of $12.05. The company has a 50 day moving average price of $3.74 and a two-hundred day moving average price of $5.55.

Analysts Set New Price Targets

EWCZ has been the subject of a number of research reports. Truist Financial decreased their price target on shares of European Wax Center from $6.00 to $5.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Morgan Stanley decreased their price target on shares of European Wax Center from $5.00 to $4.00 and set an "underweight" rating for the company in a research report on Wednesday, March 12th. Jefferies Financial Group set a $15.00 price target on shares of European Wax Center in a research report on Tuesday, March 11th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $6.00 price target on shares of European Wax Center in a research report on Tuesday, March 11th. Finally, Robert W. Baird decreased their price target on shares of European Wax Center from $7.00 to $5.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $6.94.

European Wax Center Company Profile

European Wax Center, Inc operates as the franchisor and operator of out-of-home waxing services in the United States. It offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments. The company was founded in 2004 and is headquartered in Plano, Texas.

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