Recent Research Analysts’ Ratings Changes for Mister Car Wash (MCW)

A number of research firms have changed their ratings and price targets for Mister Car Wash (NYSE: MCW):

• 1/21/2025 – Mister Car Wash had its price target lowered by analysts at Morgan Stanley from $9.00 to $8.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – Mister Car Wash is now covered by analysts at Stephens. They set an “equal weight” rating and a $8.00 price target on the stock.
• 1/13/2025 – Mister Car Wash was upgraded by analysts at Stephens to a “hold” rating.
• 1/6/2025 – Mister Car Wash had its price target lowered by analysts at Wells Fargo & Company from $10.00 to $9.00. They now have an “overweight” rating on the stock.

Mister Car Wash Stock Performance

Mister Car Wash stock traded up $0.31 during midday trading on Friday, reaching $7.66. 450,694 shares of the stock traded hands, compared to its average volume of 907,677. Mister Car Wash, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $9.45. The company has a current ratio of 0.27, a quick ratio of 0.24 and a debt-to-equity ratio of 0.96. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 1.58 and a beta of 1.61. The firm has a fifty day moving average price of $7.46 and a two-hundred day moving average price of $7.06.

Mister Car Wash (NYSE:MCW) last announced its earnings results on Wednesday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Mister Car Wash had a net margin of 7.54% and a return on equity of 9.92%. The firm had revenue of $249.33 million during the quarter, compared to analyst estimates of $249.15 million. During the same quarter in the prior year, the firm posted $0.06 EPS. Mister Car Wash’s revenue was up 6.5% compared to the same quarter last year. On average, equities research analysts forecast that Mister Car Wash, Inc. will post 0.29 earnings per share for the current year.

Insider Buying and Selling at Mister Car Wash

In other Mister Car Wash news, CFO Jedidiah Marc Gold sold 66,122 shares of Mister Car Wash stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $8.51, for a total transaction of $562,698.22. Following the transaction, the chief financial officer now directly owns 44,854 shares in the company, valued at approximately $381,707.54. The trade was a 59.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Joseph Duane Matheny sold 14,600 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $7.97, for a total value of $116,362.00. Following the completion of the sale, the insider now directly owns 81,206 shares of the company’s stock, valued at approximately $647,211.82. This represents a 15.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 613,896 shares of company stock valued at $4,957,139. Corporate insiders own 70.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Blue Trust Inc. increased its position in Mister Car Wash by 884.7% during the third quarter. Blue Trust Inc. now owns 8,478 shares of the company’s stock worth $60,000 after buying an additional 7,617 shares during the last quarter. Ariadne Wealth Management LP bought a new position in shares of Mister Car Wash in the 2nd quarter valued at approximately $73,000. Sanctuary Advisors LLC acquired a new stake in Mister Car Wash in the 2nd quarter worth approximately $112,000. iSAM Funds UK Ltd lifted its holdings in Mister Car Wash by 102.2% in the 3rd quarter. iSAM Funds UK Ltd now owns 25,103 shares of the company’s stock worth $163,000 after purchasing an additional 12,689 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in Mister Car Wash during the third quarter valued at approximately $198,000.

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.