European Wax Center, Inc. (EWCZ)
NASDAQ: EWCZ · Real-Time Price · USD
5.88
+0.17 (2.98%)
Nov 21, 2024, 2:03 PM EST - Market open
European Wax Center Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for European Wax Center stock have an average target of 7.64, with a low estimate of 5.00 and a high estimate of 12. The average target predicts an increase of 29.93% from the current stock price of 5.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EWCZ stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $5 | Hold → Sell | Downgrades | $5 | -14.97% | Nov 15, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $8 | Buy | Maintains | $8 | +36.05% | Nov 14, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $8 | Buy | Maintains | $8 | +36.05% | Sep 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $16 → $8 | Strong Buy | Maintains | $16 → $8 | +36.05% | Aug 21, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $16 → $8 | Strong Buy | Maintains | $16 → $8 | +36.05% | Aug 15, 2024 |
Financial Forecast
Revenue This Year
222.81M
from 221.02M
Increased by 0.81%
Revenue Next Year
231.77M
from 222.81M
Increased by 4.02%
EPS This Year
0.34
from 0.17
Increased by 95.91%
EPS Next Year
0.41
from 0.34
Increased by 21.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 230.5M | 241.3M | 261.1M | |
| Avg | 222.8M | 231.8M | 247.7M | |
| Low | 212.4M | 218.6M | 232.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.3% | 8.3% | 12.7% | |
| Avg | 0.8% | 4.0% | 6.9% | |
| Low | -3.9% | -1.9% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.38 | 0.49 | 0.65 | |
| Avg | 0.34 | 0.41 | 0.48 | |
| Low | 0.30 | 0.31 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 118.1% | 45.4% | 57.9% | |
| Avg | 95.9% | 21.5% | 16.3% | |
| Low | 75.3% | -7.6% | -38.2% |
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.