Telsey Advisory Group Comments on EWCZ Q1 Earnings

European Wax Center, Inc. (NASDAQ:EWCZ) – Analysts at Telsey Advisory Group issued their Q1 2025 earnings estimates for shares of European Wax Center in a research report issued to clients and investors on Wednesday, March 12th. Telsey Advisory Group analyst D. Telsey anticipates that the company will post earnings of $0.03 per share for the quarter. 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. Telsey Advisory Group also issued estimates for European Wax Center’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS and FY2026 earnings at $0.25 EPS.

A number of other analysts have also issued reports on the stock. Piper Sandler lowered shares of European Wax Center from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $9.00 to $7.00 in a research note on Monday, January 6th. Morgan Stanley cut their price target on shares of European Wax Center from $5.00 to $4.00 and set an “underweight” rating on the stock in a research note on Wednesday. Finally, Robert W. Baird cut their price target on shares of European Wax Center from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $6.21.

European Wax Center Stock Up 3.6 %

Shares of EWCZ opened at $4.35 on Friday. The firm has a market cap of $247.70 million, a P/E ratio of 18.91, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. European Wax Center has a 12-month low of $2.72 and a 12-month high of $13.31. The company’s 50-day moving average price is $6.38 and its 200 day moving average price is $6.56. The company has a current ratio of 3.17, a quick ratio of 2.42 and a debt-to-equity ratio of 3.81.

Insider Buying and Selling

In related news, Director Nital P. Scott sold 4,344 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now directly owns 29,262 shares of the company’s stock, valued at $171,182.70. This represents a 12.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 6.14% of the company’s stock.

Hedge Funds Weigh In On European Wax Center

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWCZ. D. E. Shaw & Co. Inc. boosted its holdings in European Wax Center by 102.1% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,321,817 shares of the company’s stock valued at $8,817,000 after purchasing an additional 667,723 shares in the last quarter. CenterBook Partners LP boosted its holdings in European Wax Center by 42.2% in the fourth quarter. CenterBook Partners LP now owns 1,717,249 shares of the company’s stock valued at $11,454,000 after purchasing an additional 509,991 shares in the last quarter. FMR LLC boosted its holdings in European Wax Center by 18.9% in the third quarter. FMR LLC now owns 2,697,742 shares of the company’s stock valued at $18,345,000 after purchasing an additional 428,280 shares in the last quarter. Highland Peak Capital LLC acquired a new stake in shares of European Wax Center in the fourth quarter valued at approximately $2,745,000. Finally, Woodline Partners LP boosted its holdings in shares of European Wax Center by 92.7% in the fourth quarter. Woodline Partners LP now owns 643,755 shares of the company’s stock valued at $4,294,000 after acquiring an additional 309,673 shares during the period. 82.14% of the stock is owned by institutional investors and hedge funds.

European Wax Center Company Profile

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.