EWCZ Stock Summary and Trading Ideas (European Wax Center - Class A | NASDAQ:EWCZ)

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.

European Wax Center - Class A trades on the NASDAQ stock market under the symbol EWCZ.

As of December 13, 2024, EWCZ stock price climbed to $6.04 with 563,141 million shares trading.

EWCZ has a beta of 0.87, meaning it tends to be less sensitive to market movements. EWCZ has a correlation of 0.04 to the broad based SPY ETF.

EWCZ has a market cap of $270.34 million. This is considered a Small Cap stock.

Last quarter European Wax Center - Class A reported $55 million in Revenue and $.08 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.02.

In the last 3 years, EWCZ traded as high as $33.31 and as low as $4.80.

The top ETF exchange traded funds that EWCZ belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

EWCZ has underperformed the market in the last year with a return of -55.8%, while the SPY ETF gained +29.9%. In the last 3 month period, EWCZ fell short of the market, returning -14.6%, while SPY returned +7.8%. However, in the most recent 2 weeks EWCZ has outperformed the stock market by returning +0.5%, while SPY returned +0.3%.

EWCZ support price is $5.56 and resistance is $6.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EWCZ shares will trade within this expected range on the day.