$13.01
European Wax Center wrapped its initial public offering, raising $180.2 million.
The company sold 10.6 million shares at $17 each, on the higher side of its $15 to $18 range.
The stock will commence trading on the Nasdaq later today, but shares are available for limit orders on Robinhood and other platforms.
How to buy shares in European Wax Center
- Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: EWCZ in this case.
- Research stocks. The platform should provide the latest information available.
- Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
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Is it a good time to buy European Wax Center stock?
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Share price volatility
Over the last 12 months, European Wax Center's shares have ranged in value from as little as $11.97 up to $20.19. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while European Wax Center's is 1.405. This would suggest that European Wax Center's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of $12.33
1 week (2024-03-20) | -6.73% |
---|---|
1 month (2024-02-27) | -11.29% |
3 months (2023-12-27) | -11.29% |
6 months (2023-09-27) | -24.68% |
1 year (2023-03-27) | -30.50% |
2 years (2022-03-27) | -60.47% |
3 years (2021-03-21) | N/A |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
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Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Is European Wax Center under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the European Wax Center P/E ratio, PEG ratio and EBITDA
European Wax Center's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 77x. In other words, European Wax Center stocks trade at around 77x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, European Wax Center's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.
- Ulta Beauty (ULTA.US): 19.76
- Sally Beauty (SBH.US): 7.78
- XpresSpa Group (XSPA.US): 21.83
European Wax Center's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $65 million.
The EBITDA is a measure of a European Wax Center's overall financial performance and is widely used to measure a its profitability.
To put that into context you can compare it against similar companies.
- Ulta Beauty (ULTA.US): USD$1.9 billion
- Sally Beauty (SBH.US): USD$417.7 million
- XpresSpa Group (XSPA.US): USD$4.1 million
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