Recent Analysts’ Ratings Updates for European Wax Center (EWCZ)

A number of firms have modified their ratings and price targets on shares of European Wax Center (NASDAQ: EWCZ) recently:

• 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 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.
• 1/14/2025 – 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 Trading Down 0.7 %

Shares of European Wax Center stock traded down $0.03 during trading hours on Wednesday, hitting $4.42. The company’s stock had a trading volume of 1,190,309 shares, compared to its average volume of 589,307. The business has a fifty day moving average of $6.52 and a 200 day moving average of $6.61. European Wax Center, Inc. has a 1-year low of $2.72 and a 1-year high of $13.64. The company has a quick ratio of 2.42, a current ratio of 3.17 and a debt-to-equity ratio of 3.81. The company has a market capitalization of $251.69 million, a PE ratio of 19.22, a P/E/G ratio of 1.72 and a beta of 0.95.

Insider Buying and Selling

In other news, Director Nital P. Scott sold 4,344 shares of the stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $5.85, for a total value of $25,412.40. Following the completion of the sale, the director now owns 29,262 shares in the company, valued at approximately $171,182.70. This trade represents a 12.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.14% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On European Wax Center

Several hedge funds and other institutional investors have recently bought and sold shares of EWCZ. Massachusetts Financial Services Co. MA raised its stake in shares of European Wax Center by 4.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,334,532 shares of the company’s stock valued at $22,675,000 after purchasing an additional 155,875 shares during the period. FMR LLC increased its stake in 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 buying an additional 428,280 shares during the period. Ararat Capital Management LP lifted its holdings in European Wax Center by 8.1% in the 4th quarter. Ararat Capital Management LP now owns 2,418,693 shares of the company’s stock worth $16,133,000 after buying an additional 181,449 shares in the last quarter. Southpoint Capital Advisors LP boosted its position in European Wax Center by 5.3% in the 3rd quarter. Southpoint Capital Advisors LP now owns 2,000,000 shares of the company’s stock valued at $13,600,000 after buying an additional 100,000 shares during the last quarter. Finally, CenterBook Partners LP grew its stake in shares of European Wax Center by 42.2% during the fourth quarter. CenterBook Partners LP now owns 1,717,249 shares of the company’s stock valued at $11,454,000 after acquiring an additional 509,991 shares in the last quarter. 82.14% of the stock is owned by institutional investors and hedge funds.

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.