Taking the lead: European Wax Center Inc (EWCZ)

With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. During the session, the Household & Personal Products company that operates in wider Consumer Defensive sector, reached to the highest price of $8.18 whereas the lowest price it dropped to was $7.795. The 52-week range on EWCZ shows that it touched its highest point at $16.07 and its lowest point at $4.80 during that stretch. It currently has a 1-year price target of $8.69. EWCZ paid its most recent dividend on 1650499200, while the ex-dividend date for that was 1650499200. Beta for the stock currently stands at 1.14.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EWCZ was up-trending over the past week, with a rise of 11.82%, but this was up by 16.86% over a month. Three-month performance surged to 11.20% while six-month performance fell -30.75%. The stock lost -46.93% in the past year, while it has lost -40.84% so far this year. A look at the trailing 12-month EPS for EWCZ yields 0.26 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.06. This implies an EPS growth rate of -16.18% for this year and 17.64% for next year.

Float and Shares Shorts:

At present, 48.48 million EWCZ shares are outstanding with a float of 33.94 million shares on hand for trading. On 2024-10-15, short shares totaled 2.36 million, which was 493.0 higher than short shares on 1726185600. In addition to Mr. David P. Berg as the firm’s Executive Chairman of the Board, Mr. Gavin M. O’Connor serves as its Chief Administrative Officer.

Institutional Ownership:

Through their ownership of 1.1157 of EWCZ’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-06, EWCZ reported revenue of $59871000.0 and operating income of $14375000.0. The EBITDA in the recently reported quarter was $19091000.0 and diluted EPS was $0.09.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EWCZ since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EWCZ analysts setting a high price target of 18.0 and a low target of 5.0, the average target price over the next 12 months is 8.69. Based on these targets, EWCZ could surge 123.88% to reach the target high and fall by -37.81% to reach the target low. Reaching the average price target will result in a growth of 8.08% from current levels.

Analysts have provided yearly estimates in a range of $0.34607 being high and $0.30054 being low. For EWCZ, this leads to a yearly average estimate of $0.31875.