NASDAQ:EWCZ European Wax Center (EWCZ) Stock Forecast, Price & News $15.86 -0.34 (-2.10%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$15.51▼$16.2050-Day Range$15.86▼$19.6052-Week Range$12.02▼$20.70Volume318,438 shsAverage Volume470,555 shsMarket Capitalization$994.42 millionP/E Ratio99.13Dividend YieldN/APrice Target$22.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media European Wax Center MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside40.8% Upside$22.33 Price TargetShort InterestBearish16.89% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.74Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth119.05%From $0.21 to $0.46 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsConsumer Staples Sector100th out of 136 stocksPersonal Services Industry8th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingEuropean Wax Center has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.33, European Wax Center has a forecasted upside of 40.8% from its current price of $15.86.Amount of Analyst CoverageEuropean Wax Center has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted16.89% of the float of European Wax Center has been sold short.Short Interest Ratio / Days to CoverEuropean Wax Center has a short interest ratio ("days to cover") of 16.5, which indicates bearish sentiment.Change versus previous monthShort interest in European Wax Center has recently increased by 10.16%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEuropean Wax Center does not currently pay a dividend.Dividend GrowthEuropean Wax Center does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EWCZ. Previous Next 2.1 News and Social Media Coverage News SentimentEuropean Wax Center has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 4 news articles for European Wax Center this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added European Wax Center to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, European Wax Center insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.90% of the stock of European Wax Center is held by insiders.Percentage Held by Institutions74.97% of the stock of European Wax Center is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for European Wax Center are expected to grow by 119.05% in the coming year, from $0.21 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of European Wax Center is 99.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.09.Price to Earnings Ratio vs. SectorThe P/E ratio of European Wax Center is 99.13, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 17.04.Price to Earnings Growth RatioEuropean Wax Center has a PEG Ratio of 12.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEuropean Wax Center has a P/B Ratio of 7.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About European Wax Center (NASDAQ:EWCZ) StockEuropean 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.Read More EWCZ Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EWCZ Stock News HeadlinesOctober 3, 2023 | americanbankingnews.comEuropean Wax Center (NASDAQ:EWCZ) vs. Inspire Veterinary Partners (NASDAQ:IVP) Financial ComparisonOctober 2, 2023 | finance.yahoo.comEuropean Wax Center and Spongellé Announce the Biggest Collaboration to Hit Showers in 2023October 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 23, 2023 | americanbankingnews.comEuropean Wax Center (NASDAQ:EWCZ) Upgraded at Piper SandlerSeptember 21, 2023 | msn.comPiper Sandler Upgrades European Wax Center Inc - (EWCZ)September 17, 2023 | finance.yahoo.comA Look At The Fair Value Of European Wax Center, Inc. (NASDAQ:EWCZ)September 14, 2023 | finance.yahoo.comEuropean Wax Center Wins Two Brandon Hall Group Gold Awards in Learning and Development for Center Manager TrainingSeptember 12, 2023 | finance.yahoo.comEuropean Wax Center, Inc. Publishes Inaugural Environmental, Social and Governance ReportOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 3, 2023 | finance.yahoo.comAt US$17.34, Is European Wax Center, Inc. (NASDAQ:EWCZ) Worth Looking At Closely?August 21, 2023 | nasdaq.comMorgan Stanley Maintains European Wax Center Inc - (EWCZ) Equal-Weight RecommendationAugust 18, 2023 | seekingalpha.comEuropean Wax Center: Rating Downgrade As Near-Term Risk ElevatesAugust 17, 2023 | finance.yahoo.comShareholders in European Wax Center (NASDAQ:EWCZ) have lost 23%, as stock drops 7.0% this past weekAugust 15, 2023 | finance.yahoo.comEuropean Wax Center Recognized by "Entrepreneur" and Featured in July/August Issue as a Top Franchise For Multi-Unit Owners and Best of the Best FranchiseAugust 13, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These NA Companies: Jack In The Box (JACK), Six Flags (SIX) and European Wax Center (EWCZ)August 10, 2023 | msn.comTelsey Advisory Group Maintains European Wax Center Inc - (EWCZ) Outperform RecommendationAugust 9, 2023 | bizjournals.comEuropean Wax Center appoints new CEOAugust 9, 2023 | finance.yahoo.comEuropean Wax Center, Inc. (EWCZ) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesAugust 9, 2023 | finanznachrichten.deEuropean Wax Center, Inc.: European Wax Center Announces CEO Succession PlanAugust 9, 2023 | finance.yahoo.comEuropean Wax Center, Inc. (EWCZ) Q2 Earnings Lag EstimatesAugust 9, 2023 | finance.yahoo.comEuropean Wax Center Announces CEO Succession PlanAugust 9, 2023 | finance.yahoo.comEuropean Wax Center, Inc. Reports Second Quarter Fiscal Year 2023 ResultsAugust 6, 2023 | markets.businessinsider.comTruist Financial Reaffirms Their Buy Rating on European Wax Center (EWCZ)August 4, 2023 | morningstar.comEuropean Wax Center Inc Ordinary Shares - Class AAugust 3, 2023 | finance.yahoo.comRead This Before Judging European Wax Center, Inc.'s (NASDAQ:EWCZ) ROEJuly 29, 2023 | fool.comEuropean Wax Center (NASDAQ: EWCZ)July 28, 2023 | seekingalpha.comEuropean Wax Center Grows Quickly Amid Signs Of Client FatigueSee More Headlines Receive EWCZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for European Wax Center and its competitors with MarketBeat's FREE daily newsletter. Email Address EWCZ Company Calendar Last Earnings8/09/2023Today10/02/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal services Sub-IndustryN/A SectorConsumer Staples Current SymbolNASDAQ:EWCZ CUSIPN/A CIK1856236 Webwww.waxcenter.com Phone469-264-8123FaxN/AEmployees117Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.33 High Stock Price Forecast$27.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+40.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.16 Trailing P/E Ratio99.13 Forward P/E Ratio75.52 P/E Growth12.05Net Income$7.28 million Net Margins3.64% Pretax Margin-17.88% Return on Equity40.36% Return on Assets7.61% Debt Debt-to-Equity Ratio2.72 Current Ratio3.67 Quick Ratio2.82 Sales & Book Value Annual Sales$207.35 million Price / Sales4.80 Cash Flow$1.38 per share Price / Cash Flow11.50 Book Value$2.08 per share Price / Book7.63Miscellaneous Outstanding Shares62,700,000Free Float58,998,000Market Cap$994.42 million OptionableNot Optionable Beta1.54 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. David P. Berg (Age 62)CEO & Director Comp: $1.46MMr. David L. Willis CPA (Age 51)Pres & COO Comp: $733.08kMr. Gavin M. O'Connor (Age 53)Chief Legal Officer, Chief HR Officer & Corp. Sec. Comp: $603.99kMs. Stacie R. Shirley (Age 54)Chief Financial Officer Ms. Cindy ThomasseeChief Accounting Officer & ControllerMr. Mike BreezeChief Information OfficerMr. Amir YeganehjooVP, FP&A, Investor Relations & TreasuryMs. Julie A. Hauser-Blanner (Age 52)Chief Franchise Officer Mr. Joel LarkinChief Devel. OfficerMs. Andrea L. WassermanChief Commercial OfficerMore ExecutivesKey CompetitorsFranchise GroupNASDAQ:FRGDutch BrosNYSE:BROSNu Skin EnterprisesNYSE:NUSJohn B. Sanfilippo & SonNASDAQ:JBSSLeslie'sNASDAQ:LESLView All CompetitorsInstitutional OwnershipTeachers Retirement System of The State of KentuckyBought 48,343 shares on 8/21/2023Ownership: 0.077%California State Teachers Retirement SystemBought 7,063 shares on 8/21/2023Ownership: 0.067%Alliancebernstein L.P.Sold 904 shares on 8/15/2023Ownership: 4.035%Citadel Advisors LLCBought 7,900 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaBought 842 shares on 8/15/2023Ownership: 0.006%View All Institutional Transactions EWCZ Stock - Frequently Asked Questions Should I buy or sell European Wax Center stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for European Wax Center in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EWCZ shares. View EWCZ analyst ratings or view top-rated stocks. What is European Wax Center's stock price forecast for 2023? 5 brokerages have issued 12 month target prices for European Wax Center's stock. Their EWCZ share price forecasts range from $18.00 to $27.00. On average, they expect the company's share price to reach $22.33 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price. View analysts price targets for EWCZ or view top-rated stocks among Wall Street analysts. How have EWCZ shares performed in 2023? European Wax Center's stock was trading at $12.45 at the start of the year. Since then, EWCZ stock has increased by 27.4% and is now trading at $15.86. View the best growth stocks for 2023 here. Are investors shorting European Wax Center? European Wax Center saw a increase in short interest in September. As of September 15th, there was short interest totaling 5,640,000 shares, an increase of 10.2% from the August 31st total of 5,120,000 shares. Based on an average trading volume of 342,800 shares, the days-to-cover ratio is currently 16.5 days. Currently, 16.9% of the company's stock are short sold. View European Wax Center's Short Interest. When is European Wax Center's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our EWCZ earnings forecast. How were European Wax Center's earnings last quarter? European Wax Center, Inc. (NASDAQ:EWCZ) issued its earnings results on Wednesday, August, 9th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $59.09 million for the quarter, compared to analysts' expectations of $58.27 million. European Wax Center had a trailing twelve-month return on equity of 40.36% and a net margin of 3.64%. What guidance has European Wax Center issued on next quarter's earnings? European Wax Center issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $222.00 million-$229.00 million, compared to the consensus revenue estimate of $226.33 million. When did European Wax Center IPO? (EWCZ) raised $175 million in an initial public offering on Thursday, August 5th 2021. The company issued 10,600,000 shares at $15.00-$18.00 per share. What is European Wax Center's stock symbol? European Wax Center trades on the NASDAQ under the ticker symbol "EWCZ." How do I buy shares of European Wax Center? Shares of EWCZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is European Wax Center's stock price today? One share of EWCZ stock can currently be purchased for approximately $15.86. How much money does European Wax Center make? European Wax Center (NASDAQ:EWCZ) has a market capitalization of $994.42 million and generates $207.35 million in revenue each year. The company earns $7.28 million in net income (profit) each year or $0.16 on an earnings per share basis. How many employees does European Wax Center have? The company employs 117 workers across the globe. How can I contact European Wax Center? The official website for the company is www.waxcenter.com. The company can be reached via phone at 469-264-8123 or via email at ir@myewc.com. This page (NASDAQ:EWCZ) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding European Wax Center, Inc. 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