The closing price of Mister Car Wash Inc (NYSE: MCW) was $7.22 for the day, down -3.22% from the previous closing price of $7.46. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 2595430 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, Mizuho on March 19, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On February 16, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $9.50.
On January 10, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $11.Wells Fargo initiated its Overweight rating on January 10, 2024, with a $11 target price.
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 15 ’24 when Chimienti Mayra Idali sold 35,000 shares for $7.05 per share. The transaction valued at 246,750 led to the insider holds 270,523 shares of the business.
Lai John Lo-minn sold 23,161 shares of MCW for $178,108 on Mar 05 ’24. The Chief Executive Officer now owns 2,622,146 shares after completing the transaction at $7.69 per share. On Mar 05 ’24, another insider, Gold Jedidiah Marc, who serves as the Chief Financial Officer of the company, sold 4,857 shares for $7.69 each. As a result, the insider received 37,350 and left with 33,933 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 2.35B 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 29.58, and their Forward P/E ratio for the next fiscal year is 18.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 4.42 whereas that against EBITDA is 16.52.
Stock Price History:
The Beta on a monthly basis for MCW is 1.65, which has changed by -10.09% over the last 52 weeks, in comparison to a change of 26.95% over the same period for the S&P500. 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 8.13, while the 200-Day Moving Average is calculated to be 7.59.
Shares Statistics:
MCW traded an average of 1.36M shares per day over the past three months and 1.25M shares per day over the past ten days. A total of 315.19M shares are outstanding, with a floating share count of 90.32M. Insiders hold about 71.37% of the company’s shares, while institutions hold 36.33% stake in the company. Shares short for MCW as of Mar 15, 2024 were 11.94M with a Short Ratio of 8.75, compared to 12.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.79% and a Short% of Float of 12.91%.
Earnings Estimates
The firm’s stock currently is rated by 14 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 14 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 14 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 5.80% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $255.51M, an increase of 5.70% less than the figure of $5.80% 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 15 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 15 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 9.60% from the average revenue estimate for this year.
