Stock Surge: Mister Car Wash Inc (MCW) Closes at 7.03, Marking a 2.78 Increase/Decrease

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In the latest session, Mister Car Wash Inc (NYSE: MCW) closed at $7.03 up 2.78% from its previous closing price of $6.84. In other words, the price has increased by $2.78 from its previous closing price. On the day, 1.69 million shares were traded. MCW stock price reached its highest trading level at $7.06 during the session, while it also had its lowest trading level at $6.765.

Ratios:

For a deeper understanding of Mister Car Wash Inc’s stock, let’s take a closer look at its various ratios. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2234380288 and an Enterprise Value of 3904374272. As of this moment, Mister’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.80, and their Forward P/E ratio for the next fiscal year is 17.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 4.212 whereas that against EBITDA is 15.714.

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 -8.05%, while the 200-Day Moving Average is calculated to be -5.74%.

Shares Statistics:

For the past three months, MCW has traded an average of 1.33M shares per day and 1412260 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 36.43% stake in the company. Shares short for MCW as of 1711584000 were 12879175 with a Short Ratio of 9.70, compared to 1709164800 on 11356103. Therefore, it implies a Short% of Shares Outstanding of 12879175 and a Short% of Float of 13.930000000000001.

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