European Wax CenterEWCZ
Market Cap: $342M
About: European Wax Center Inc is a franchisor and operator of OOH waxing services. Its product sales consist of revenue earned from sales of proprietary wax.
Employees: 204
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
45% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 33
11% more funds holding
Funds holding: 104 [Q1] → 115 (+11) [Q2]
1.76% less ownership
Funds ownership: 113.16% [Q1] → 111.4% (-1.76%) [Q2]
25% less capital invested
Capital invested by funds: $713M [Q1] → $538M (-$175M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
98% less call options, than puts
Call options by funds: $5K | Put options by funds: $281K
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
B of A Securities Lorraine Hutchinson 28% 1-year accuracy 8 / 29 met price target | 12%upside $8 | Buy Maintained | 21 Aug 2024 |
Truist Securities Scot Ciccarelli 60% 1-year accuracy 54 / 90 met price target | 12%upside $8 | Buy Maintained | 15 Aug 2024 |
Morgan Stanley Simeon Gutman 59% 1-year accuracy 23 / 39 met price target | 30%downside $5 | Equal-Weight Maintained | 15 Aug 2024 |
Citigroup Kelly Crago 0% 1-year accuracy 0 / 1 met price target | 23%downside $5.50 | Neutral Downgraded | 15 Aug 2024 |
Baird Jonathan Komp 62% 1-year accuracy 8 / 13 met price target | 2%downside $7 | Neutral Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 66 articles about EWCZ published over the past 30 days