At the time of writing, Mister Car Wash Inc [MCW] stock is trading at $6.48, down -0.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCW shares have gain 2.86% over the last week, with a monthly amount drifted -0.46%, and not seem to be holding up well over a long-time horizon.
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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 $9.45. 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 $6.48 at the most recent close of the market. An investor can expect a potential return of 54.32% based on the average MCW price forecast.
Analyzing the MCW fundamentals
According to Mister Car Wash Inc [NYSE:MCW], the company’s sales were 958.44M for trailing twelve months, which represents an 7.66% jump. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.
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 6.39 points at the first support level, and at 6.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.53, and for the 2nd resistance point, it is at 6.58.
Ratios To Look Out For
It is important to note that Mister Car Wash Inc [NYSE:MCW] has a current ratio of 0.28. On the other hand, the Quick Ratio is 0.25, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 30.18.
Transactions by insiders
Recent insider trading involved Matheny Joseph Duane, Chief Innovation Officer, that happened on Aug 27 ’24 when 56988.0 shares were sold. Officer, JOSEPH MATHENY completed a deal on Aug 27 ’24 to buy 56988.0 shares. Meanwhile, Chief Innovation Officer Matheny Joseph Duane sold 900.0 shares on Aug 01 ’24.
