A number of research firms have changed their ratings and price targets for European Wax Center (NASDAQ: EWCZ):
- 3/12/2025 – European Wax Center had its price target lowered by analysts at Morgan Stanley from $5.00 to $4.00. They now have an “underweight” rating on the stock.
- 3/12/2025 – European Wax Center had its price target lowered by analysts at Robert W. Baird from $7.00 to $5.00. They now have a “neutral” rating on the stock.
- 3/11/2025 – European Wax Center was given a new $15.00 price target on by analysts at Jefferies Financial Group Inc..
- 3/11/2025 – European Wax Center had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $6.00 price target on the stock.
- 3/4/2025 – European Wax Center had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $6.00 price target on the stock.
European Wax Center Stock Up 6.3 %
Shares of NASDAQ:EWCZ traded up $0.25 on Tuesday, reaching $4.20. The company had a trading volume of 1,046,877 shares, compared to its average volume of 739,279. The firm has a market capitalization of $232.45 million, a PE ratio of 18.26, a PEG ratio of 1.72 and a beta of 0.95. The firm’s 50 day simple moving average is $5.89 and its 200-day simple moving average is $6.35. European Wax Center, Inc. has a 52-week low of $2.72 and a 52-week high of $13.15. The company has a current ratio of 3.17, a quick ratio of 2.42 and a debt-to-equity ratio of 3.81.
Institutional Trading of European Wax Center
Several large investors have recently added to or reduced their stakes in EWCZ. Highland Peak Capital LLC acquired a new stake in shares of European Wax Center during the 4th quarter valued at about $2,745,000. Barclays PLC raised its position in shares of European Wax Center by 365.7% during the 3rd quarter. Barclays PLC now owns 56,510 shares of the company’s stock valued at $385,000 after buying an additional 44,376 shares during the period. FMR LLC grew its holdings in shares of European Wax Center by 18.9% during the 3rd quarter. FMR LLC now owns 2,697,742 shares of the company’s stock worth $18,345,000 after purchasing an additional 428,280 shares during the period. Kanen Wealth Management LLC purchased a new stake in shares of European Wax Center in the 4th quarter valued at approximately $637,000. Finally, Geode Capital Management LLC boosted its position in shares of European Wax Center by 3.9% during the third quarter. Geode Capital Management LLC now owns 820,728 shares of the company’s stock worth $5,582,000 after buying an additional 30,804 shares during the period. Hedge funds and other institutional investors own 82.14% of the company’s stock.
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.
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