Telsey Advisory Group Comments on EWCZ Q1 Earnings

European Wax Center, Inc. (NASDAQ:EWCZ) – Equities researchers at Telsey Advisory Group issued their Q1 2025 earnings per share (EPS) estimates for European Wax Center in a report released on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey anticipates that the company will earn $0.03 per share for the quarter. Telsey Advisory Group currently has a “Market Perform” rating and a $6.00 target price on the stock. The consensus estimate for European Wax Center’s current full-year earnings is $0.26 per share. Telsey Advisory Group also issued estimates for European Wax Center’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS and FY2026 earnings at $0.25 EPS.

Several other equities research analysts also recently weighed in on EWCZ. Robert W. Baird decreased their price target on European Wax Center from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Wednesday. Piper Sandler downgraded European Wax Center from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $9.00 to $7.00 in a report on Monday, January 6th. Finally, Morgan Stanley cut their price objective on European Wax Center from $5.00 to $4.00 and set an “underweight” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.21.

European Wax Center Price Performance

EWCZ stock opened at $4.35 on Friday. The company has a current ratio of 3.17, a quick ratio of 2.42 and a debt-to-equity ratio of 3.81. The business has a 50 day simple moving average of $6.38 and a 200-day simple moving average of $6.56. European Wax Center has a twelve month low of $2.72 and a twelve month high of $13.31. The company has a market capitalization of $247.70 million, a P/E ratio of 18.91, a PEG ratio of 1.72 and a beta of 0.95.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Barclays PLC increased its position in shares of European Wax Center by 365.7% in the third quarter. Barclays PLC now owns 56,510 shares of the company’s stock valued at $385,000 after buying an additional 44,376 shares in the last quarter. Algert Global LLC increased its position in shares of European Wax Center by 720.4% in the third quarter. Algert Global LLC now owns 111,137 shares of the company’s stock valued at $756,000 after buying an additional 97,590 shares in the last quarter. FMR LLC increased its position in shares of European Wax Center by 18.9% in the third quarter. FMR LLC now owns 2,697,742 shares of the company’s stock valued at $18,345,000 after buying an additional 428,280 shares in the last quarter. Highland Peak Capital LLC purchased a new position in shares of European Wax Center in the fourth quarter valued at $2,745,000. Finally, Kanen Wealth Management LLC purchased a new position in shares of European Wax Center in the fourth quarter valued at $637,000. Hedge funds and other institutional investors own 82.14% of the company’s stock.

Insiders Place Their Bets

In other news, Director Nital P. Scott sold 4,344 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $5.85, for a total value of $25,412.40. Following the completion of the transaction, the director now owns 29,262 shares in the company, valued at $171,182.70. This trade represents a 12.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 6.14% of the stock is currently owned by company insiders.

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.