European Wax Center (NASDAQ:EWCZ) Posts Quarterly Earnings Results

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

European Wax Center Price Performance

EWCZ stock traded down $0.66 during midday trading on Tuesday, reaching $4.45. The stock had a trading volume of 1,877,569 shares, compared to its average volume of 576,243. European Wax Center has a 52-week low of $2.72 and a 52-week high of $14.64. 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’s fifty day simple moving average is $6.56 and its 200 day simple moving average is $6.62. The company has a market cap of $253.40 million, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EWCZ shares. Morgan Stanley reaffirmed an “underweight” rating and issued a $5.00 price objective on shares of European Wax Center in a research report on Friday, November 15th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 price target on shares of European Wax Center in a research note on Tuesday. Finally, Piper Sandler lowered shares of European Wax Center from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $9.00 to $7.00 in a report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $6.64.

Insider Buying and Selling

In other news, Director Nital P. Scott sold 4,344 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $5.85, for a total transaction of $25,412.40. Following the completion of the sale, the director now owns 29,262 shares in the company, valued at $171,182.70. This trade represents a 12.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.14% of the stock is currently owned by company insiders.

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.