FY2025 EPS Estimates for EWCZ Cut by Telsey Advisory Group

European Wax Center, Inc. (NASDAQ:EWCZ) – Investment analysts at Telsey Advisory Group lowered their FY2025 earnings estimates for European Wax Center in a research note issued on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings per share of $0.19 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.

A number of other analysts have also recently commented on the stock. Jefferies Financial Group set a $15.00 price target on shares of European Wax Center in a research note on Tuesday, March 11th. Robert W. Baird cut 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 note on Wednesday, March 12th. Morgan Stanley cut 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 note on Wednesday, March 12th. Finally, Piper Sandler cut shares of European Wax Center from an “overweight” rating to a “neutral” rating and cut their price target for the company from $9.00 to $7.00 in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $7.31.

European Wax Center Stock Down 0.2 %

European Wax Center stock opened at $4.21 on Monday. The company has a market cap of $239.73 million, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. The company has a current ratio of 3.17, a quick ratio of 2.42 and a debt-to-equity ratio of 3.81. The company has a fifty day simple moving average of $6.30 and a 200 day simple moving average of $6.52. European Wax Center has a 1-year low of $2.72 and a 1-year high of $13.31.

Institutional Trading of European Wax Center

A number of hedge funds have recently modified their holdings of EWCZ. Two Sigma Securities LLC acquired a new stake in shares of European Wax Center during the 4th quarter worth about $83,000. Price T Rowe Associates Inc. MD lifted its stake in shares of European Wax Center by 14.6% during the 4th 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 during the last quarter. Oxford Asset Management LLP acquired a new stake in shares of European Wax Center during the 4th quarter worth about $88,000. SG Americas Securities LLC lifted its stake in shares of 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 buying an additional 1,690 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in shares of European Wax Center during the 4th quarter worth about $106,000. Institutional investors and hedge funds 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.