Mister Car Wash (MCW) Stock Price, News & Analysis

Company Overview

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. Mister Car Wash, Inc. was founded in 1996 and is headquartered in Tucson, Arizona.

Key Stats

• Today's Range: $6.52 to $6.71
• 50-Day Range: $5.99 to $6.92
• 52-Week Range: $4.80 to $9.45
• Volume: 904,629 shs
• Average Volume: 1.66 million shs
• Market Capitalization: $2.09 billion
• P/E Ratio: 29.77
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Moderate Buy

Mister Car Wash Stock Analysis - MarketRank™

Mister Car Wash scored higher than 56% of companies evaluated by MarketBeat, and ranked 180th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Mister Car Wash has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Mister Car Wash has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.81%

Earnings Growth

Earnings for Mister Car Wash are expected to grow by 14.81% in the coming year, from $0.27 to $0.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mister Car Wash is 29.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mister Car Wash is 29.77, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.96.

Price to Earnings Growth Ratio

Mister Car Wash has a PEG Ratio of 1.98. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Mister Car Wash has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.04% of the float of Mister Car Wash has been sold short.

Short Interest Ratio / Days to Cover

Mister Car Wash has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Mister Car Wash has recently decreased by 2.51%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mister Car Wash does not currently pay a dividend.

Dividend Growth

Mister Car Wash does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.04% of the float of Mister Car Wash has been sold short.

Short Interest Ratio / Days to Cover

Mister Car Wash has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Mister Car Wash has recently decreased by 2.51%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for Mister Car Wash this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added Mister Car Wash to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Mister Car Wash insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,200.00 in company stock.

Percentage Held by Insiders

70.00% of the stock of Mister Car Wash is held by insiders. A high percentage of insider ownership can be a sign of company health.

MCW Stock Analysis - Frequently Asked Questions

How have MCW shares performed this year?

Mister Car Wash's stock was trading at $8.64 on January 1st, 2024. Since then, MCW shares have decreased by 24.2% and is now trading at $6.55.
View the best growth stocks for 2024 here.

How were Mister Car Wash's earnings last quarter?

Mister Car Wash, Inc. (NYSE:MCW) released its quarterly earnings results on Wednesday, July, 31st. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The company had revenue of $255.04 million for the quarter, compared to analyst estimates of $256.65 million. Mister Car Wash had a trailing twelve-month return on equity of 9.90% and a net margin of 7.37%.

When did Mister Car Wash IPO?

Mister Car Wash (MCW) raised $600 million in an initial public offering (IPO) on Friday, June 25th 2021. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share.

Who are Mister Car Wash's major shareholders?

Top institutional shareholders of Mister Car Wash include SG Americas Securities LLC (0.02%), Handelsbanken Fonder AB (0.01%), Bleakley Financial Group LLC (0.01%) and CWM LLC (0.01%). Insiders that own company stock include John Lo-Minn Lai, Mayra Idali Chimienti, Joseph Duane Matheny, Jedidiah Marc Gold, Lisa Bossard Funk, Mary Lyn Porter, Markus Hartmann and Casey Penn Lindsay.
View institutional ownership trends.

How do I buy shares of Mister Car Wash?

Shares of MCW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mister Car Wash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mister Car Wash investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 10/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Automotive repair, services & parking
• Sub-Industry: Personal Services
• Current Symbol: NYSE:MCW
• CUSIP: N/A
• CIK: 1853513
• Web: mistercarwash.com
• Phone: 520-615-4000
• Fax: N/A
• Employees: 6,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $12.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +45.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.23
• Trailing P/E Ratio: 29.77
• Forward P/E Ratio: 24.26
• P/E Growth: 1.98
• Net Income: $80.13 million
• Net Margins: 7.37%
• Pretax Margin: 10.58%
• Return on Equity: 9.90%
• Return on Assets: 3.13%

Debt

• Debt-to-Equity Ratio: 0.98
• Current Ratio: 0.28
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $958.44 million
• Price / Sales: 2.18
• Cash Flow: $0.49 per share
• Price / Cash Flow: 13.32
• Book Value: $2.91 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 319,509,000
• Free Float: 96,549,000
• Market Cap: $2.09 billion
• Optionable: Optionable
• Beta: 1.64