The stock of European Wax Center Inc (EWCZ) has gone up by 4.73% for the week, with a -16.94% drop in the past month and a -12.06% drop in the past quarter. The volatility ratio for the week is 6.35%, and the volatility levels for the past 30 days are 7.91% for EWCZ. The simple moving average for the past 20 days is -13.14% for EWCZ’s stock, with a -38.06% simple moving average for the past 200 days.
Is It Worth Investing in European Wax Center Inc (NASDAQ: EWCZ) Right Now?
The price-to-earnings ratio for European Wax Center Inc (NASDAQ: EWCZ) is 26.18x, which is above its average ratio. Moreover, the 36-month beta value for EWCZ is 1.01. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 1 as “sell.”
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The public float for EWCZ is 31.80M and currently, short sellers hold a 6.73% of that float. On November 27, 2024, EWCZ’s average trading volume was 646.99K shares.
EWCZ) stock’s latest price update
The stock of European Wax Center Inc (NASDAQ: EWCZ) has increased by 1.53 when compared to last closing price of 5.89.Despite this, the company has seen a gain of 4.73% in its stock price over the last five trading days. globenewswire.com reported 2024-11-26 that PLANO, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) — European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in the Morgan Stanley 2024 Global Consumer & Retail Conference at the Intercontinental Barclay in New York on December 3, 2024.
Analysts’ Opinion of EWCZ
Many brokerage firms have already submitted their reports for EWCZ stocks, with Morgan Stanley repeating the rating for EWCZ by listing it as a “Underweight.” The predicted price for EWCZ in the upcoming period, according to Morgan Stanley is $5 based on the research report published on November 15, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see EWCZ reach a price target of $5.50, previously predicting the price at $16. The rating they have provided for EWCZ stocks is “Neutral” according to the report published on August 15th, 2024.
Piper Sandler gave a rating of “Overweight” to EWCZ, setting the target price at $22 in the report published on September 21st of the previous year.
EWCZ Trading at -13.54% from the 50-Day Moving Average
After a stumble in the market that brought EWCZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.79% of loss for the given period.
Volatility was left at 7.91%, however, over the last 30 days, the volatility rate increased by 6.35%, as shares sank -16.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.59% lower at present.
During the last 5 trading sessions, EWCZ rose by +5.08%, which changed the moving average for the period of 200-days by -59.38% in comparison to the 20-day moving average, which settled at $6.89. In addition, European Wax Center Inc saw -56.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EWCZ starting from Thomassee Cindy, who sale 10,000 shares at the price of $11.01 back on May 16 ’24. After this action, Thomassee Cindy now owns 75,416 shares of European Wax Center Inc, valued at $110,100 using the latest closing price.
Thomassee Cindy, the CAO and Controller of European Wax Center Inc, sale 1,200 shares at $14.76 during a trade that took place back on Mar 11 ’24, which means that Thomassee Cindy is holding 86,900 shares at $17,706 based on the most recent closing price.
Stock Fundamentals for EWCZ
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.69 for the gross margin
The net margin for European Wax Center Inc stands at 0.05. The total capital return value is set at 0.07. Equity return is now at value 13.00, with 1.50 for asset returns.
Based on European Wax Center Inc (EWCZ), the company’s capital structure generated 0.85 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 5.48. The interest coverage ratio of the stock is 1.86.
Currently, EBITDA for the company is 65.44 million with net debt to EBITDA at 4.91. When we switch over and look at the enterprise to sales, we see a ratio of 3.02. The receivables turnover for the company is 31.31for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
To wrap up, the performance of European Wax Center Inc (EWCZ) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
