At the time of writing, Mister Car Wash Inc [MCW] stock is trading at $7.60, up 6.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCW shares have gain 16.92% over the last week, with a monthly amount glided 3.83%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Mister Car Wash Inc [NYSE: MCW] stock has seen the most recent analyst activity on May 03, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $8.50 for it. Previously, Mizuho started tracking the stock with Buy rating on March 19, 2024, and set its price target to $11. On February 16, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $9.50 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $11 on January 10, 2024. Robert W. Baird upgraded its rating to a Outperform but $10 remained the price target by the analyst firm on October 13, 2023. In a note dated August 28, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $9 to $12.
For the past year, the stock price of Mister Car Wash Inc fluctuated between $4.80 and $9.95. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Mister Car Wash Inc [NYSE: MCW] shares were valued at $7.60 at the most recent close of the market. An investor can expect a potential return of 31.58% based on the average MCW price forecast.
Analyzing the MCW fundamentals
According to Mister Car Wash Inc [NYSE:MCW], the company’s sales were 940.29M for trailing twelve months, which represents an 5.85% jump. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.33 points at the first support level, and at 7.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.76, and for the 2nd resistance point, it is at 7.91.
Ratios To Look Out For
It is important to note that Mister Car Wash Inc [NYSE:MCW] has a current ratio of 0.30. On the other hand, the Quick Ratio is 0.26, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 2.60 and price to earnings (TTM) ratio is 33.04.
Transactions by insiders
Recent insider trading involved Lai John Lo-minn, Chief Executive Officer, that happened on Jun 26 ’24 when 33904.0 shares were sold. Chief Financial Officer, Gold Jedidiah Marc completed a deal on Jun 26 ’24 to sell 4079.0 shares. Meanwhile, Chief Innovation Officer Matheny Joseph Duane sold 2119.0 shares on Jun 26 ’24.
