European Wax Center, Inc. (EWCZ)
NASDAQ: EWCZ · IEX Real-Time Price · USD
11.57
-0.02 (-0.17%)
Apr 25, 2024, 10:37 AM EDT - Market open
European Wax Center Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for European Wax Center stock have an average target of 17.25, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 49.09% from the current stock price of 11.57.
Analyst Consensus: Buy
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for EWCZ stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $16 → $17 | Strong Buy | Maintains | $16 → $17 | +46.93% | Mar 7, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $18 | Buy | Reiterates | $18 | +55.57% | Mar 7, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $18 | Buy | Reiterates | $18 | +55.57% | Mar 6, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $18 | Buy | Reiterates | $18 | +55.57% | Feb 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +72.86% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
235.06M
from 221.02M
Increased by 6.35%
Revenue Next Year
256.99M
from 235.06M
Increased by 9.33%
EPS This Year
0.38
from 0.17
Increased by 122.00%
EPS Next Year
0.51
from 0.38
Increased by 35.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 245.3M | 268.9M | 295.5M |
| Avg | 235.1M | 257.0M | 284.7M |
| Low | 222.3M | 240.5M | 270.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.0% | 14.4% | 15.0% |
| Avg | 6.4% | 9.3% | 10.8% |
| Low | 0.6% | 2.3% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.43 | 0.61 | 0.90 |
| Avg | 0.38 | 0.51 | 0.73 |
| Low | 0.29 | 0.42 | 0.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 153.2% | 61.4% | 76.6% |
| Avg | 122.0% | 35.5% | 43.5% |
| Low | 72.9% | 11.7% | 24.5% |
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.