European Wax Center Stock Shares Outstanding
| EWCZ Stock | USD 11.66 0.15 1.30% |
European Wax Center fundamentals help investors to digest information that contributes to European Wax's financial success or failures. It also enables traders to predict the movement of European Stock. The fundamental analysis module provides a way to measure European Wax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to European Wax stock.
Common Stock Shares Outstanding is likely to drop to about 42 M in 2024. European | Shares Outstanding |
European Wax Center Company Shares Outstanding Analysis
European Wax's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current European Wax Shares Outstanding | 48.61 M |
Most of European Wax's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, European Wax Center is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
European Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for European Wax is extremely important. It helps to project a fair market value of European Stock properly, considering its historical fundamentals such as Shares Outstanding. Since European Wax's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of European Wax's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of European Wax's interrelated accounts and indicators.
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European Shares Outstanding Historical Pattern
Today, most investors in European Wax Stock are looking for potential investment opportunities by analyzing not only static indicators but also various European Wax's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of European Wax shares outstanding as a starting point in their analysis.
European Wax Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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European Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, European Wax Center has 48.61 M of shares currently outstending. This is 88.33% lower than that of the Diversified Consumer Services sector and 89.91% lower than that of the Consumer Discretionary industry. The shares outstanding for all United States stocks is 91.5% higher than that of the company.
European Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses European Wax's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of European Wax could also be used in its relative valuation, which is a method of valuing European Wax by comparing valuation metrics of similar companies.European Wax is currently under evaluation in shares outstanding category among related companies.
European Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0386 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 927.01 M | ||||
| Shares Outstanding | 48.61 M | ||||
| Shares Owned By Insiders | 7.72 % | ||||
| Shares Owned By Institutions | 92.28 % | ||||
| Number Of Shares Shorted | 5.94 M | ||||
| Price To Book | 6.71 X | ||||
| Price To Sales | 3.17 X | ||||
| Revenue | 221.02 M | ||||
| Gross Profit | 148.12 M | ||||
| EBITDA | 65.03 M | ||||
| Net Income | 8.93 M | ||||
| Cash And Equivalents | 31.19 M | ||||
| Cash Per Share | 0.79 X | ||||
| Total Debt | 380.39 M | ||||
| Debt To Equity | 2.84 % | ||||
| Current Ratio | 2.57 X | ||||
| Book Value Per Share | 1.72 X | ||||
| Cash Flow From Operations | 55.6 M | ||||
| Short Ratio | 13.69 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Price To Earnings To Growth | 0.32 X | ||||
| Target Price | 18.0 | ||||
| Number Of Employees | 120 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 709.24 M | ||||
| Total Asset | 735.73 M | ||||
| Retained Earnings | (109.51 M) | ||||
| Working Capital | 57.67 M | ||||
| Net Asset | 735.73 M |
About European Wax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze European Wax Center's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of European Wax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of European Wax Center based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with European Wax
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if European Wax position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in European Wax will appreciate offsetting losses from the drop in the long position's value.Moving against European Stock
| 0.8 | VERU | Veru Inc Financial Report 9th of May 2024 | PairCorr |
| 0.8 | FTLF | FitLife Brands Common | PairCorr |
| 0.76 | KMB | Kimberly Clark Earnings Call This Week | PairCorr |
| 0.74 | CHD | Church Dwight Earnings Call This Week | PairCorr |
| 0.69 | CL | Colgate Palmolive Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to European Wax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Wax when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back European Wax - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling European Wax Center to buy it.
The correlation of European Wax is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as European Wax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Wax Center moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for European Wax can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out European Wax Piotroski F Score and European Wax Altman Z Score analysis. Note that the European Wax Center information on this page should be used as a complementary analysis to other European Wax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for European Stock analysis
When running European Wax's price analysis, check to measure European Wax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy European Wax is operating at the current time. Most of European Wax's value examination focuses on studying past and present price action to predict the probability of European Wax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move European Wax's price. Additionally, you may evaluate how the addition of European Wax to your portfolios can decrease your overall portfolio volatility.
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Is European Wax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of European Wax. If investors know European will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about European Wax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.361 | Earnings Share 0.17 | Revenue Per Share 4.464 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0386 |
The market value of European Wax Center is measured differently than its book value, which is the value of European that is recorded on the company's balance sheet. Investors also form their own opinion of European Wax's value that differs from its market value or its book value, called intrinsic value, which is European Wax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because European Wax's market value can be influenced by many factors that don't directly affect European Wax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between European Wax's value and its price as these two are different measures arrived at by different means. Investors typically determine if European Wax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, European Wax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.