European Wax Center Inc [NASDAQ: EWCZ] jumped around 0.06 points on Wednesday, while shares priced at $6.41 at the close of the session, up 0.94%.
Compared to the average trading volume of 814.59K shares, EWCZ reached a trading volume of 382263 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about European Wax Center Inc [EWCZ]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EWCZ shares is $8.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EWCZ stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for European Wax Center Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 06, 2025. The new note on the price target was released on December 19, 2024, representing the official price target for European Wax Center Inc stock. Previously, the target price had yet another raise to $5, while Morgan Stanley analysts kept a Underweight rating on EWCZ stock. On August 15, 2024, analysts decreased their price target for EWCZ shares from 16 to 5.50.
The Average True Range (ATR) for European Wax Center Inc is set at 0.45, with the Price to Sales ratio for EWCZ stock in the period of the last 12 months amounting to 1.63. The Price to Book ratio for the last quarter was 4.15, with the Price to Cash per share for the same quarter was set at 0.96. Price to Free Cash Flow for EWCZ in the course of the last twelve months was 6.47 with Quick ratio for the last quarter at 2.42.
How has EWCZ stock performed recently?
European Wax Center Inc [EWCZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.90. With this latest performance, EWCZ shares gained by 0.16% in over the last four-week period, additionally sinking by -31.59% over the last 6 months – not to mention a drop of -58.62% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EWCZ stock in for the last two-week period is set at 54.08, with the RSI for the last a single of trading hit 57.03, and the three-weeks RSI is set at 51.84 for European Wax Center Inc [EWCZ]. The present Moving Average for the last 50 days of trading for this stock 6.45, while it was recorded at 6.35 for the last single week of trading, and 8.58 for the last 200 days.
European Wax Center Inc [EWCZ]: Deeper insight into the fundamentals
European Wax Center Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.42 and a Current Ratio set at 3.17.
Insider trade positions for European Wax Center Inc [EWCZ]
There are presently around $97.70%, or 98.42%% of EWCZ stock, in the hands of institutional investors. The top three institutional holders of EWCZ stocks are: GENERAL ATLANTIC, L.P. with ownership of 13.11 million shares, which is approximately 26.9722%. CHAMPLAIN INVESTMENT PARTNERS, LLC, holding 3.74 million shares of the stock with an approximate value of $$37.12 million in EWCZ stocks shares; and CHAMPLAIN INVESTMENT PARTNERS, LLC, currently with $$32.22 million in EWCZ stock with ownership which is approximately 6.6745%.
