European Wax Center, Inc. (EWCZ)
NASDAQ: EWCZ · IEX Real-Time Price · USD
14.16
-0.16 (-1.12%)
Nov 30, 2023, 11:23 AM EST - Market open
European Wax Center Stock Forecast
Stock Price Forecast
According to 5 stock analysts, the average 12-month stock price forecast for EWCZ stock stock is $18.2, which predicts an increase of 28.53%. The lowest target is $14 and the highest is $22. On average, analysts rate EWCZ stock stock as a buy.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EWCZ stock from 5 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 '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $20 → $16 | Strong Buy | Maintains | $20 → $16 | +12.99% | Nov 9, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $18 → $14 | Hold | Maintains | $18 → $14 | -1.13% | Nov 9, 2023 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $23 → $18 | Buy | Maintains | $23 → $18 | +27.12% | Nov 9, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $24 → $20 | Strong Buy | Maintains | $24 → $20 | +41.24% | Oct 5, 2023 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $19 → $22 | Hold → Buy | Upgrades | $19 → $22 | +55.37% | Sep 21, 2023 |
Financial Forecast
Revenue This Year
232.06M
from 207.35M
Increased by 11.92%
Revenue Next Year
253.59M
from 232.06M
Increased by 9.28%
EPS This Year
0.37
from 0.19
Increased by 93.93%
EPS Next Year
0.54
from 0.37
Increased by 47.40%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 240.5M | 264.2M | 293.9M | 334.5M |
| Avg | 232.1M | 253.6M | 283.9M | 325.0M |
| Low | 222.0M | 235.9M | 267.9M | 312.2M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 16.0% | 13.8% | 15.9% | 17.8% |
| Avg | 11.9% | 9.3% | 12.0% | 14.5% |
| Low | 7.1% | 1.6% | 5.7% | 10.0% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 0.41 | 0.65 | 0.80 | 1.19 |
| Avg | 0.37 | 0.54 | 0.73 | 1.15 |
| Low | 0.31 | 0.46 | 0.61 | 1.11 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 115.5% | 76.7% | 46.9% | 61.6% |
| Avg | 93.9% | 47.4% | 35.2% | 56.9% |
| Low | 65.1% | 25.0% | 11.9% | 50.8% |
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.