On Monday, European Wax Center Inc (NASDAQ: EWCZ) was 8.45% up from the session before settling in for the closing price of $7.93. A 52-week range for EWCZ has been $4.80 – $16.07.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 15.62%. When this article was written, the company’s average yearly earnings per share was at -15.88%. With a float of $33.94 million, this company’s outstanding shares have now reached $48.48 million.
Considering the fact that the conglomerate employs 120 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.11%, operating margin of 22.7%, and the pretax margin is 10.94%.
European Wax Center Inc (EWCZ) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward European Wax Center Inc stocks. The insider ownership of European Wax Center Inc is 28.95%, while institutional ownership is 83.86%. The most recent insider transaction that took place on May 16 ’24, was worth 110,100. In this transaction CAO and Controller of this company sold 10,000 shares at a rate of $11.01, taking the stock ownership to the 75,416 shares. Before that another transaction happened on Mar 11 ’24, when Company’s CAO and Controller sold 1,200 for $14.76, making the entire transaction worth $17,706. This insider now owns 86,900 shares in total.
European Wax Center Inc (EWCZ) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.12 earnings per share (EPS) during the time that was better than consensus figure (set at 0.09) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.88% per share during the next fiscal year.
European Wax Center Inc (NASDAQ: EWCZ) Trading Performance Indicators
You can see what European Wax Center Inc (EWCZ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27. Likewise, its price to free cash flow for the trailing twelve months is 8.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of European Wax Center Inc (EWCZ)
Compared to the last year’s volume of 0.66 million, its volume of 0.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.08%. Additionally, its Average True Range was 0.34.
During the past 100 days, European Wax Center Inc’s (EWCZ) raw stochastic average was set at 61.29%, which indicates a significant decrease from 90.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.03% in the past 14 days, which was lower than the 72.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.08, while its 200-day Moving Average is $10.17. Nevertheless, the first resistance level for the watch stands at $8.96 in the near term. At $9.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.83. If the price goes on to break the first support level at $8.09, it is likely to go to the next support level at $7.57. Should the price break the second support level, the third support level stands at $7.22.
European Wax Center Inc (NASDAQ: EWCZ) Key Stats
There are 59,980K outstanding shares of the company, which has a market capitalization of 508.77 million. As of now, sales total 221,020 K while income totals 8,930 K. Its latest quarter income was 59,870 K while its last quarter net income were 4,310 K.
