The price of Mister Car Wash Inc (NYSE: MCW) closed at $7.54 in the last session, down -1.05% from day before closing price of $7.62. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 1091258 shares were traded.
Ratios:
We take a closer look at MCW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.36. In the meantime, Its Debt-to-Equity ratio is 1.93 whereas as Long-Term Debt/Eq ratio is at 1.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on February 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $9.50.
On January 10, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $11.
Robert W. Baird Upgraded its Neutral to Outperform on October 13, 2023, while the target price for the stock was maintained at $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 13 ’24 when Matheny Joseph Duane sold 37,152 shares for $8.93 per share. The transaction valued at 331,767 led to the insider holds 75,515 shares of the business.
Matheny Joseph Duane sold 74,304 shares of MCW for $667,250 on Jan 25 ’24. The Chief Innovation Officer now owns 75,515 shares after completing the transaction at $8.98 per share. On Jan 16 ’24, another insider, Matheny Joseph Duane, who serves as the Chief Innovation Officer of the company, sold 37,152 shares for $8.35 each. As a result, the insider received 310,219 and left with 75,515 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 2.40B and an Enterprise Value of 4.15B. As of this moment, Mister’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.89, and their Forward P/E ratio for the next fiscal year is 19.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 4.48 whereas that against EBITDA is 16.73.
Stock Price History:
Over the past 52 weeks, MCW has reached a high of $10.07, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 8.51, while the 200-Day Moving Average is calculated to be 7.70.
Shares Statistics:
According to the various share statistics, MCW traded on average about 1.46M shares per day over the past 3-months and 1.71M shares per day over the past 10 days. A total of 315.19M shares are outstanding, with a floating share count of 91.15M. Insiders hold about 71.11% of the company’s shares, while institutions hold 36.35% stake in the company. Shares short for MCW as of Feb 15, 2024 were 12.08M with a Short Ratio of 8.27, compared to 13.41M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.83% and a Short% of Float of 13.07%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.07, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.09, with high estimates of $0.09 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.33 and $0.31 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.39, with 13 analysts recommending between $0.47 and $0.35.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $243.58M. It ranges from a high estimate of $250.4M to a low estimate of $239.8M. As of the current estimate, Mister Car Wash Inc’s year-ago sales were $230.09M, an estimated increase of 5.90% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $255.47M, an increase of 5.70% less than the figure of $5.90% in the same quarter last year. There is a high estimate of $260.8M for the next quarter, whereas the lowest estimate is $252M.
A total of 14 analysts have provided revenue estimates for MCW’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $995M, resulting in an average revenue estimate of $1B. In the same quarter a year ago, actual revenue was $927.07M, up 8.10% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.1B in the next fiscal year. The high estimate is $1.13B and the low estimate is $1.06B. The average revenue growth estimate for next year is up 9.50% from the average revenue estimate for this year.
