Mister Car Wash, Inc. (NYSE:MCW – Get Free Report) CFO Jedidiah Marc Gold sold 4,079 shares of the stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of $6.93, for a total value of $28,267.47. Following the completion of the transaction, the chief financial officer now directly owns 44,854 shares of the company’s stock, valued at approximately $310,838.22. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Mister Car Wash Stock Performance
Shares of Mister Car Wash stock opened at $7.12 on Friday. Mister Car Wash, Inc. has a 1 year low of $4.80 and a 1 year high of $10.07. The firm’s 50-day moving average is $7.11 and its 200 day moving average is $7.73. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 30.96, a PEG ratio of 2.22 and a beta of 1.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.30 and a quick ratio of 0.26.
Mister Car Wash (NYSE:MCW – Get Free Report) last issued its earnings results on Wednesday, May 1st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $239.18 million during the quarter, compared to the consensus estimate of $244.06 million. Mister Car Wash had a return on equity of 9.38% and a net margin of 8.04%. Sell-side analysts anticipate that Mister Car Wash, Inc. will post 0.27 EPS for the current fiscal year.
Institutional Trading of Mister Car Wash
Analyst Upgrades and Downgrades
A number of research firms have issued reports on MCW. Wells Fargo & Company decreased their price objective on Mister Car Wash from $11.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, April 22nd. Mizuho began coverage on shares of Mister Car Wash in a research note on Tuesday, March 19th. They issued a “buy” rating and a $11.00 price target for the company. Finally, JPMorgan Chase & Co. raised shares of Mister Car Wash from a “neutral” rating to an “overweight” rating and set a $8.50 price objective on the stock in a research note on Friday, May 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $9.56.
Check Out Our Latest Stock Analysis on Mister Car Wash
About Mister Car Wash
Mister Car Wash, Inc, together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. The company serves individual retail and corporate customers. The company was formerly known as Hotshine Holdings, Inc and changed its name to Mister Car Wash, Inc in March 2021.
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