The closing price of Mister Car Wash Inc (NYSE: MCW) was $7.47 for the day, down -4.35% from the previous closing price of $7.81. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 1142804 shares were traded.
Ratios:
Our analysis of MCW’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 05 ’24 when Lai John Lo-minn sold 23,161 shares for $7.69 per share. The transaction valued at 178,108 led to the insider holds 2,622,146 shares of the business.
Gold Jedidiah Marc sold 4,857 shares of MCW for $37,350 on Mar 05 ’24. The Chief Financial Officer now owns 33,933 shares after completing the transaction at $7.69 per share. On Mar 05 ’24, another insider, Matheny Joseph Duane, who serves as the Chief Innovation Officer of the company, sold 2,257 shares for $7.69 each. As a result, the insider received 17,356 and left with 123,325 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 2.36B and an Enterprise Value of 4.10B. As of this moment, Mister’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.60, and their Forward P/E ratio for the next fiscal year is 19.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 2.57. Its current Enterprise Value per Revenue stands at 4.43 whereas that against EBITDA is 16.54.
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 8.40, while the 200-Day Moving Average is calculated to be 7.68.
Shares Statistics:
MCW traded an average of 1.43M shares per day over the past three months and 1.19M shares per day over the past ten days. A total of 315.19M shares are outstanding, with a floating share count of 92.03M. Insiders hold about 70.83% of the company’s shares, while institutions hold 36.35% stake in the company. Shares short for MCW as of Feb 29, 2024 were 11.36M with a Short Ratio of 7.94, compared to 12.72M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.60% and a Short% of Float of 12.28%.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 13 analysts. 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.
