Research Analysts Set Expectations for EWCZ FY2025 Earnings

European Wax Center, Inc. (NASDAQ:EWCZ) – Investment analysts at Telsey Advisory Group reduced their FY2025 EPS estimates for shares of European Wax Center in a note issued to investors on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will earn $0.19 per share for the year, down from their prior estimate of $0.31. Telsey Advisory Group has a “Market Perform” rating and a $6.00 price target on the stock. The consensus estimate for European Wax Center’s current full-year earnings is $0.26 per share.

EWCZ has been the subject of a number of other reports. Morgan Stanley dropped their price target on European Wax Center from $5.00 to $4.00 and set an “underweight” rating for the company in a research note on Wednesday, March 12th. Piper Sandler lowered shares of European Wax Center from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $9.00 to $7.00 in a report on Monday, January 6th. Finally, Robert W. Baird lowered their price objective on shares of European Wax Center from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, European Wax Center currently has an average rating of “Hold” and an average target price of $6.21.

European Wax Center Stock Performance

EWCZ opened at $4.35 on Monday. The business’s fifty day moving average is $6.38 and its 200-day moving average is $6.56. The firm has a market cap of $247.70 million, a P/E ratio of 18.91, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. 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 52-week low of $2.72 and a 52-week high of $13.31.

Insider Transactions at European Wax Center

In related news, Director Nital P. Scott sold 4,344 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $5.85, for a total transaction of $25,412.40. Following the completion of the sale, the director now directly owns 29,262 shares in the company, valued at $171,182.70. This represents a 12.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.14% of the company’s stock.

Institutional Investors Weigh In On European Wax Center

A number of large investors have recently modified their holdings of the stock. Two Sigma Securities LLC bought a new position in shares of European Wax Center in the fourth quarter worth approximately $83,000. Price T Rowe Associates Inc. MD increased its stake in shares of European Wax Center by 14.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,452 shares of the company’s stock worth $84,000 after purchasing an additional 1,582 shares in the last quarter. Oxford Asset Management LLP bought a new position in shares of European Wax Center in the fourth quarter worth about $88,000. SG Americas Securities LLC raised its stake in European Wax Center by 12.3% during the 4th quarter. SG Americas Securities LLC now owns 15,416 shares of the company’s stock worth $103,000 after acquiring an additional 1,690 shares during the period. Finally, Royce & Associates LP bought a new stake in shares of European Wax Center during the 3rd quarter valued at $108,000. Institutional investors own 82.14% of the company’s stock.

About European Wax Center

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.