Market Watch: Mister Car Wash Inc (MCW)’s Noteworthy Drop, Closing at 7.60

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As of close of business last night, Mister Car Wash Inc’s stock clocked out at $7.60, down -1.04% from its previous closing price of $7.68. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 2.9 million shares were traded. MCW stock price reached its highest trading level at $7.845 during the session, while it also had its lowest trading level at $7.47.

Ratios:

To gain a deeper understanding of MCW’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 1.93 whereas as Long-Term Debt/Eq ratio is at 1.87.

On March 19, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $11.

On February 16, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $9.50.JP Morgan initiated its Neutral rating on February 16, 2024, with a $9.50 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 26 ’24 when Lai John Lo-minn sold 33,904 shares for $6.93 per share. The transaction valued at 234,955 led to the insider holds 5,050,517 shares of the business.

Gold Jedidiah Marc sold 4,079 shares of MCW for $28,267 on Jun 26 ’24. The Chief Financial Officer now owns 44,854 shares after completing the transaction at $6.93 per share. On Jun 26 ’24, another insider, Matheny Joseph Duane, who serves as the Chief Innovation Officer of the company, sold 2,119 shares for $6.93 each. As a result, the insider received 14,685 and left with 81,206 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCW now has a Market Capitalization of 2428268288 and an Enterprise Value of 4233631488. As of this moment, Mister’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.04, and their Forward P/E ratio for the next fiscal year is 20.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 4.502 whereas that against EBITDA is 17.192.

Stock Price History:

Over the past 52 weeks, MCW has reached a high of $9.95, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 7.73%, while the 200-Day Moving Average is calculated to be 2.67%.

Shares Statistics:

It appears that MCW traded 2.04M shares on average per day over the past three months and 2038830 shares per day over the past ten days. A total of 315.19M shares are outstanding, with a floating share count of 92.64M. Insiders hold about 71.00% of the company’s shares, while institutions hold 37.84% stake in the company. Shares short for MCW as of 1721001600 were 15418380 with a Short Ratio of 7.56, compared to 1718323200 on 13958146. Therefore, it implies a Short% of Shares Outstanding of 15418380 and a Short% of Float of 16.33.

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