European Wax CenterEWCZ
EWCZ
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,452% more call options, than puts
Call options by funds: $2.14M | Put options by funds: $138K
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
10% more funds holding
Funds holding: 115 [Q2] → 127 (+12) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
19.06% less ownership
Funds ownership: 112.04% [Q2] → 92.98% (-19.06%) [Q3]
44% less capital invested
Capital invested by funds: $541M [Q2] → $302M (-$239M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
21%
downside
Avg. target
$6
6%
downside
High target
$7
10%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
Telsey Advisory Group Dana Telsey 60% 1-year accuracy 114 / 190 met price target | 6%downside $6 | Market Perform Maintained | 14 Jan 2025 |
Piper Sandler Korinne Wolfmeyer 36% 1-year accuracy 16 / 45 met price target | 10%upside $7 | Neutral Downgraded | 6 Jan 2025 |
Morgan Stanley Simeon Gutman 59% 1-year accuracy 19 / 32 met price target | 21%downside $5 | Underweight Downgraded | 15 Nov 2024 |
Financial journalist opinion
Based on 3 articles about EWCZ published over the past 30 days
Neutral
PRNewsWire
4 days ago
European Wax Center Named #1 Franchise in Category in 2025 Entrepreneur's Franchise 500 List
PLANO, Texas , Jan. 16, 2025 /PRNewswire/ -- European Wax Center (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, has been recognized in Entrepreneur's Franchise 500® as the #1 franchise in the waxing category for the fourth year in a row. As the world's first and most comprehensive franchise ranking, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees.
Neutral
GlobeNewsWire
1 week ago
European Wax Center, Inc. Provides Update Ahead of the 2025 ICR Conference
Reports fiscal 2024 net new center openings Updates fiscal 2024 financial outlook
Neutral
GlobeNewsWire
3 weeks ago
European Wax Center, Inc. Announces Participation in the 2025 ICR Conference
PLANO, Texas, Dec. 30, 2024 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in meetings with institutional investors during the 2025 ICR Conference in Orlando, Florida on January 13, 2025.
Neutral
GlobeNewsWire
1 month ago
European Wax Center Board of Directors Appoints Chris Morris as Chief Executive Officer
Seasoned executive brings more than 25 years of leadership, operational and development expertise across consumer businesses
Neutral
GlobeNewsWire
1 month ago
European Wax Center, Inc. Announces Participation in the Morgan Stanley 2024 Global Consumer & Retail Conference
PLANO, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in the Morgan Stanley 2024 Global Consumer & Retail Conference at the Intercontinental Barclay in New York on December 3, 2024.
Neutral
PRNewsWire
2 months ago
SHAPE Names European Wax Center "Best Nationwide Waxing Studio"
PLANO, Texas , Nov. 19, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, is excited to announce its 2024 Shape Beauty Award Win. Chosen by SHAPE's dedicated team of testers and beauty professionals, European Wax Center has been named Best Nationwide Waxing Studio.
Neutral
Seeking Alpha
2 months ago
European Wax Center, Inc. (EWCZ) Q3 2024 Earnings Call Transcript
European Wax Center, Inc. (NASDAQ:EWCZ ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Bethany Johns – Director-Investor Relations David Berg – Executive Chairman and Chief Executive Officer Stacie Shirley – Chief Financial Officer Conference Call Participants Randy Konik – Jefferies Dana Telsey – Telsey Advisory Group Jonathan Komp – Baird Korinne Wolfmeyer – Piper Sandler Lauren Ng – Morgan Stanley John Heinbockel – Guggenheim Melanie Nunez – Bank of America Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to European Wax Centers Third Quarter Earnings Call.
Neutral
GlobeNewsWire
2 months ago
European Wax Center, Inc. Reports Third Quarter Fiscal Year 2024 Results
Reiterates fiscal 2024 financial outlook Updates fiscal 2024 outlook for net new centers Third Quarter Fiscal 2024 versus 2023 Net new centers increased 3.7% to 1,064 total centers in 45 states System-wide sales of $240.2 million decreased 0.2% Total revenue of $55.4 million decreased 0.5% Same-store sales decreased 0.5% GAAP net income of $2.0 million decreased 50.7% Adjusted net income of $5.5 million decreased 8.2% Adjusted EBITDA of $18.4 million decreased 4.4% PLANO, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and 39 weeks ended October 5, 2024. David Berg, Executive Chairman and CEO of European Wax Center, Inc. stated, “We are pleased that our third quarter results were in line with the revised expectations we provided in August.
Positive
Zacks Investment Research
2 months ago
Will European Wax Center (EWCZ) Beat Estimates Again in Its Next Earnings Report?
European Wax Center (EWCZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Zacks Investment Research
2 months ago
What Analyst Projections for Key Metrics Reveal About European Wax Center (EWCZ) Q3 Earnings
Evaluate the expected performance of European Wax Center (EWCZ) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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