European Wax Center, Inc. (EWCZ)
NASDAQ: EWCZ · IEX Real-Time Price · USD
9.06
-0.07 (-0.77%)
Jul 19, 2024, 4:00 PM EDT - Market closed
European Wax Center Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for European Wax Center stock have an average target of 15, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 65.56% from the current stock price of 9.06.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for EWCZ stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $15 → $12 | Buy | Maintains | $15 → $12 | +32.45% | Jul 11, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $16 | Buy | Maintains | $16 | +76.60% | May 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +76.60% | May 16, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $18 → $16 | Buy | Maintains | $18 → $16 | +76.60% | May 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +76.60% | May 16, 2024 |
Financial Forecast
Revenue This Year
235.35M
from 221.02M
Increased by 6.48%
Revenue Next Year
256.16M
from 235.35M
Increased by 8.84%
EPS This Year
0.38
from 0.17
Increased by 124.25%
EPS Next Year
0.51
from 0.38
Increased by 33.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 247.7M | 268.8M | 297.4M | 321.8M |
| Avg | 235.4M | 256.2M | 284.9M | 312.6M |
| Low | 221.9M | 241.4M | 270.5M | 300.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.1% | 14.2% | 16.1% | 13.0% |
| Avg | 6.5% | 8.8% | 11.2% | 9.7% |
| Low | 0.4% | 2.6% | 5.6% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.43 | 0.61 | 0.80 | 1.01 |
| Avg | 0.38 | 0.51 | 0.70 | 0.98 |
| Low | 0.30 | 0.42 | 0.64 | 0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 153.2% | 59.7% | 56.5% | 44.8% |
| Avg | 124.3% | 33.8% | 36.5% | 40.7% |
| Low | 78.7% | 10.5% | 24.7% | 35.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.