Research Analysts Issue Forecasts for EWCZ Q1 Earnings

European Wax Center, Inc. (NASDAQ:EWCZ - Free Report) - Equities researchers at Telsey Advisory Group issued their Q1 2025 EPS estimates for shares of European Wax Center in a research note issued on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey forecasts that the company will earn $0.03 per share for the quarter. 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. 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 brokerages have also recently commented on EWCZ. Jefferies Financial Group set a $15.00 target price on shares of European Wax Center in a report on Tuesday, March 11th. Piper Sandler cut shares of European Wax Center from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $9.00 to $7.00 in a report on Monday, January 6th. Robert W. Baird reduced their price target on shares of European Wax Center from $7.00 to $5.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. Finally, Morgan Stanley reduced their price target on shares of European Wax Center from $5.00 to $4.00 and set an "underweight" rating for the company in a research report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $7.31.

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European Wax Center Price Performance

Shares of NASDAQ:EWCZ traded down $0.01 during trading hours on Friday, hitting $4.21. 730,746 shares of the company's stock traded hands, compared to its average volume of 724,347. European Wax Center has a 52 week low of $2.72 and a 52 week high of $13.31. The company's fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $6.54. The company has a market cap of $239.73 million, a price-to-earnings ratio of 18.30, 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.

Hedge Funds Weigh In On European Wax Center

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EWCZ. Two Sigma Securities LLC bought a new position in shares of European Wax Center in the fourth quarter valued at approximately $83,000. Price T Rowe Associates Inc. MD boosted its stake in European Wax Center by 14.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,452 shares of the company's stock worth $84,000 after buying an additional 1,582 shares in the last quarter. Oxford Asset Management LLP acquired a new stake in European Wax Center during the fourth quarter worth $88,000. SG Americas Securities LLC boosted its stake in European Wax Center by 12.3% during the fourth quarter. SG Americas Securities LLC now owns 15,416 shares of the company's stock worth $103,000 after buying an additional 1,690 shares in the last quarter. Finally, Royce & Associates LP bought a new position in shares of European Wax Center during the third 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.