Mister Car Wash, Inc MCW Stock Price Today, Quote & News

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It’s packed with all of the company’s key stats and salient decision making information.

• And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
• Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
• Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
• The company issued revenue guidance of $925.00 million-$960.00 million, compared to the consensus revenue estimate of $956.53 million.
• The monthly returns are then compounded to arrive at the annual return.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The company former enron ceo jeffrey skilling wants back into the energy business is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023. The P/E ratio of Mister Car Wash is 25.94, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.55. 71.90% of the stock of Mister Car Wash is held by insiders.

Zacks Research

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” MCW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCW, but not buy additional shares or sell existing shares. 5 brokerages have issued twelve-month target prices for Mister Car Wash’s stock. Their MCW share price forecasts range from $9.00 to $18.00.

Investor Services

5 people have searched for MCW on MarketBeat in the last 30 days. Short interest in Mister Car Wash has recently decreased by 8.20%, indicating https://day-trading.info/ that investor sentiment is improving significantly. Please log in to your account or sign up in order to add this asset to your watchlist.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Sign-up to receive the latest news and ratings for Mister Car Wash and its competitors with MarketBeat’s FREE daily newsletter. Provide specific products and services to you, such as portfolio management or data aggregation.

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. As of June 16, 2022, it operated 407 car wash locations in 21 states. 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 1969 and is headquartered in Tucson, Arizona. 5 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Mister Car Wash in the last twelve months.

Mister Car Wash stock price target cut to $13 from $17 at Jefferies

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

These returns cover a period from January 1, 1988 through February 6, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Mister Car Wash Inc Financials

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Mister Car Wash Holdings serves customers in the United States. Mister Car Wash updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $0.30-$0.35 for the period, compared to the consensus earnings per share estimate of $0.38. The company issued revenue guidance of $925.00 million-$960.00 million, compared to the consensus revenue estimate of $956.53 million. Mister Car Wash has a short interest ratio (“days to cover”) of 13.5, which indicates bearish sentiment. According to analysts’ consensus price target of $11.38, Mister Car Wash has a forecasted upside of 29.0% from its current price of $8.82.

A high percentage of insider ownership can be a sign of company health. In the past three months, Mister Car Wash insiders have not sold or bought any company stock. Mister Car Wash has only been the subject of 1 research reports in the past 90 days. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.

The company issued 37,500,000 shares at $15.00-$17.00 per share. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Mister Car Wash Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, provides car wash, oil change, and preventive maintenance services.

Second, revenue from the car wash and quick lube services. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Mister Car Wash Inc. is set to go public Friday, after the profitable Arizona-based carwash chain’s initial public offering priced overnight, to value the company at $4.44 billion. Shares of Mister Car Wash Inc. rallied out of the gate Friday, even as the Arizona-based carwash chain’s initial public offering priced overnight at the low end of the expected range. Raised $600 million in an initial public offering on Friday, June 25th 2021.

On average, they expect the company’s stock price to reach $11.38 in the next twelve months. This suggests a possible upside of 29.0% from the stock’s current price. View analysts price targets for MCW or view top-rated stocks among Wall Street analysts. Shares of Mister Car Wash Inc. dropped 1.7% in premarket trading Tuesday, after the car wash company announced a secondary offering of 12 million shares by selling stockholders.

Shares of car-wash chain Mister Car Wash sink as full-year outlook comes up short

There may be delays, omissions, or inaccuracies in the Information. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Sign Up NowGet this delivered to your inbox, and more info about our products and services. One share of MCW stock can currently be purchased for approximately $8.82.

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.

Mister Car Wash Inc is a car wash brand offering express exterior and interior cleaning services. Express Exterior Locations offers express exterior cleaning services and Interior Cleaning Locations offers both express exterior and interior cleaning services. It offers an Unlimited Wash Club program to its customers. The UWC program entitles the customer to unlimited washes for a monthly fee, cancellable at any time.