Positive News SentimentPositive NewsNASDAQ:EWCZ European Wax Center (EWCZ) Stock Forecast, Price & News $17.25 -0.55 (-3.09%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$17.20▼$17.8050-Day Range$16.10▼$19.7252-Week Range$12.02▼$26.99Volume256,527 shsAverage Volume353,123 shsMarket Capitalization$1.08 billionP/E Ratio156.83Dividend YieldN/APrice Target$21.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media European Wax Center MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside21.7% Upside$21.00 Price TargetShort InterestBearish13.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.84Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth253.85%From $0.13 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.1.70 out of 5 starsConsumer Staples Sector108th out of 138 stocksPersonal Services Industry10th out of 12 stocks 2.2 Analyst's Opinion Consensus RatingEuropean Wax Center has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, European Wax Center has a forecasted upside of 21.7% from its current price of $17.25.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 Shorted13.50% 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 12.1, which indicates bearish sentiment.Change versus previous monthShort interest in European Wax Center has recently increased by 5.15%, 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 3.2 News and Social Media Coverage News SentimentEuropean Wax Center has a news sentiment score of 1.84. 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 is a higher news sentiment than the 0.59 average news sentiment score 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. 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 Institutions64.78% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for European Wax Center are expected to grow by 253.85% in the coming year, from $0.13 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of European Wax Center is 156.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.58.Price to Earnings Ratio vs. SectorThe P/E ratio of European Wax Center is 156.83, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 16.33.Price to Earnings Growth RatioEuropean Wax Center has a PEG Ratio of 22.25. 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 8.29. 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. The company offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments. As of March 26, 2022, it had a portfolio of centers operating in 874 locations across 44 states, including 868 franchised centers and six corporate-owned centers. European Wax Center, Inc. was founded in 2004 and is headquartered in Plano, Texas.Read More 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 Stock News HeadlinesJune 1, 2023 | americanbankingnews.comShort Interest in European Wax Center, Inc. (NASDAQ:EWCZ) Rises By 5.2%May 31, 2023 | finance.yahoo.comEuropean Wax Center's EWC TREAT® Face & Body Exfoliating Gel WINS 2023 NYLON Beauty Hit List AwardJune 5, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 25, 2023 | finance.yahoo.comKeep Your Eyes on These 2 Stocks, Says Truist’s Top AnalystMay 22, 2023 | finance.yahoo.comEuropean Wax Center, Inc. Appoints Andrea Wasserman as Chief Commercial OfficerMay 16, 2023 | insidermonkey.comEuropean Wax Center, Inc. (NASDAQ:EWCZ) Q1 2023 Earnings Call TranscriptMay 13, 2023 | finance.yahoo.comThe European Wax Center, Inc. (NASDAQ:EWCZ) First-Quarter Results Are Out And Analysts Have Published New ForecastsMay 12, 2023 | msn.comRecap: European Wax Center Q1 EarningsJune 5, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 11, 2023 | finance.yahoo.comQ1 2023 European Wax Center Inc Earnings CallMay 10, 2023 | finance.yahoo.comEuropean Wax Center, Inc. (EWCZ) Lags Q1 Earnings and Revenue EstimatesMay 10, 2023 | finance.yahoo.comEuropean Wax Center, Inc. (EWCZ) Reports Q1 Earnings: What Key Metrics Have to SayMay 10, 2023 | finance.yahoo.comEuropean Wax Center, Inc. Reports First Quarter Fiscal Year 2023 ResultsMay 9, 2023 | finance.yahoo.comJOAN Creative and European Wax Center Want to Wax "Every Body Smooth" in New Bold CampaignMay 8, 2023 | americanbankingnews.comEuropean Wax Center (EWCZ) Scheduled to Post Quarterly Earnings on WednesdayMay 4, 2023 | finance.yahoo.comEuropean Wax Center's EWC TREAT® Face & Body Detoxifying Mask WINS 2023 Bustle AwardMay 4, 2023 | finance.yahoo.comWhy European Wax Center, Inc. (EWCZ) is Poised to Beat Earnings Estimates AgainApril 27, 2023 | finance.yahoo.comEuropean Wax Center, Inc. to Report First Quarter Fiscal 2023 Financial Results on May 10thApril 26, 2023 | finance.yahoo.comEuropean Wax Center, Inc. (EWCZ) Expected to Beat Earnings Estimates: Should You Buy?April 22, 2023 | americanbankingnews.comEuropean Wax Center (NASDAQ:EWCZ) Shares Gap Up to $19.14April 18, 2023 | finance.yahoo.comSome Shareholders Feeling Restless Over European Wax Center, Inc.'s (NASDAQ:EWCZ) P/S RatioApril 12, 2023 | finance.yahoo.comEuropean Wax Center's EWC TREAT® Ingrown Hair Serum WINS 2023 NewBeauty AwardApril 11, 2023 | finance.yahoo.comEuropean Wax Center Brazilian (P) Wax WINS 2023 Men's Health Grooming AwardApril 7, 2023 | americanbankingnews.comRobert W. Baird Downgrades European Wax Center (NASDAQ:EWCZ) to NeutralMarch 27, 2023 | americanbankingnews.comEuropean Wax Center (NASDAQ:EWCZ) Earns Outperform Rating from Telsey Advisory GroupMarch 24, 2023 | markets.businessinsider.comEuropean Wax Center (EWCZ) Gets a Buy from Telsey AdvisoryMarch 24, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for European Wax CenterSee More Headlines EWCZ Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EWCZ Company Calendar Last Earnings3/09/2023Today6/05/2023Next Earnings (Estimated)8/03/2023Fiscal 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/AEmployees111Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+21.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio156.83 Forward P/E Ratio132.69 P/E Growth22.25Net Income$7.28 million Net Margins2.31% Pretax Margin-21.34% Return on Equity42.57% Return on Assets8.39% Debt Debt-to-Equity Ratio2.83 Current Ratio2.94 Quick Ratio2.14 Sales & Book Value Annual Sales$211.82 million Price / Sales5.11 Cash Flow$1.37 per share Price / Cash Flow12.63 Book Value$2.08 per share Price / Book8.29Miscellaneous Outstanding Shares62,753,000Free Float59,051,000Market Cap$1.08 billion OptionableNot Optionable Beta1.56 Key ExecutivesMr. David P. Berg (Age 61)CEO & Director Comp: $3.62MMr. David L. Willis CPA (Age 50)CFO & COO Comp: $784.24kCindy ThomasseeChief Accounting Officer & ControllerMs. Jyoti A. Lynch (Age 50)Chief Information Officer Mr. Amir YeganehjooVP, FP&A, Investor Relations & TreasuryMr. Gavin M. O'Connor (Age 51)Chief Legal Officer, Chief HR Officer & Corp. Sec. Ms. Julie A. Hauser-BlannerSr. VP of OperationsMore ExecutivesKey CompetitorsCarriage ServicesNYSE:CSVWaldencastNASDAQ:WALDTilrayNASDAQ:TLRYThe Hain Celestial GroupNASDAQ:HAINFranchise GroupNASDAQ:FRGView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 5,948 shares on 5/18/2023Ownership: 0.053%Advisory Services Network LLCBought 4,600 shares on 5/17/2023Ownership: 0.007%Geode Capital Management LLCBought 22,496 shares on 5/16/2023Ownership: 0.834%State Street CorpBought 34,727 shares on 5/16/2023Ownership: 0.746%Gilder Gagnon Howe & Co. LLCBought 5,212 shares on 5/16/2023Ownership: 0.056%View All Insider TransactionsView All Institutional Transactions EWCZ Stock - Frequently Asked Questions Should I buy or sell European Wax Center stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for European Wax Center in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EWCZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EWCZ, but not buy additional shares or sell existing shares. View EWCZ analyst ratings or view top-rated stocks. What is European Wax Center's stock price forecast for 2023? 5 brokers have issued 12-month target prices for European Wax Center's stock. Their EWCZ share price forecasts range from $16.00 to $27.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 21.7% 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 beginning of the year. Since then, EWCZ stock has increased by 38.6% and is now trading at $17.25. View the best growth stocks for 2023 here. Are investors shorting European Wax Center? European Wax Center saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,490,000 shares, an increase of 5.2% from the April 30th total of 4,270,000 shares. Based on an average daily volume of 371,800 shares, the days-to-cover ratio is currently 12.1 days. Currently, 13.5% of the shares of the 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, August 3rd 2023. View our EWCZ earnings forecast. How were European Wax Center's earnings last quarter? European Wax Center, Inc. (NASDAQ:EWCZ) issued its quarterly earnings data on Thursday, March, 9th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.05 by $1.13. The business earned $53.52 million during the quarter, compared to analysts' expectations of $51.32 million. European Wax Center had a trailing twelve-month return on equity of 42.57% and a net margin of 2.31%. 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 Friday, May, 12th. 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 $227.25 million. When did European Wax Center IPO? (EWCZ) raised $175 million in an initial public offering (IPO) on Thursday, August 5th 2021. The company issued 10,600,000 shares at a price of $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." Who are European Wax Center's major shareholders? European Wax Center's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Champlain Investment Partners LLC (3.92%), FMR LLC (2.99%), BlackRock Inc. (2.75%), TimesSquare Capital Management LLC (2.39%), Federated Hermes Inc. (1.95%) and American Century Companies Inc. (1.68%). Insiders that own company stock include Atlantic Genpar (Ew) General, David L Willis, David P Berg, Dorvin D Lively, Ewc Holdings, Inc and Jyoti A Lynch. View institutional ownership trends. 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 $17.25. How much money does European Wax Center make? European Wax Center (NASDAQ:EWCZ) has a market capitalization of $1.08 billion and generates $211.82 million in revenue each year. The company earns $7.28 million in net income (profit) each year or $0.11 on an earnings per share basis. How many employees does European Wax Center have? The company employs 111 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 6/5/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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