European Wax Center (NASDAQ:EWCZ) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

European Wax Center (NASDAQ:EWCZ) issued its earnings results on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.09, Zacks reports. European Wax Center had a net margin of 4.96% and a return on equity of 16.51%. European Wax Center updated its FY 2025 guidance to EPS.

European Wax Center Stock Down 12.9 %

Shares of NASDAQ EWCZ traded down $0.66 during trading on Tuesday, hitting $4.45. 1,877,569 shares of the company traded hands, compared to its average volume of 576,243. The firm has a market capitalization of $253.40 million, a price-to-earnings ratio of 19.35, a P/E/G ratio of 1.72 and a beta of 0.95. The business’s fifty day moving average is $6.56 and its 200 day moving average is $6.62. 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 fifty-two week low of $2.72 and a fifty-two week high of $14.64.

Analyst Ratings Changes

A number of research firms have recently issued reports on EWCZ. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 price objective on shares of European Wax Center in a research report on Tuesday. Piper Sandler lowered shares of European Wax Center from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $9.00 to $7.00 in a research report on Monday, January 6th. Finally, Morgan Stanley restated an “underweight” rating and set a $5.00 price objective on shares of European Wax Center in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $6.64.

Insiders Place Their Bets

In related news, Director Nital P. Scott sold 4,344 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $5.85, for a total value of $25,412.40. Following the sale, the director now 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 legal filing with the SEC, which is available at this link. Corporate insiders own 6.14% 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.