William Blair Raises Earnings Estimates for Mister Car Wash

Mister Car Wash, Inc. (NYSE:MCW - Free Report) - Research analysts at William Blair upped their FY2025 earnings per share (EPS) estimates for Mister Car Wash in a research report issued on Wednesday, April 30th. William Blair analyst P. Blee now forecasts that the company will post earnings per share of $0.40 for the year, up from their previous forecast of $0.39. The consensus estimate for Mister Car Wash's current full-year earnings is $0.33 per share. William Blair also issued estimates for Mister Car Wash's FY2026 earnings at $0.45 EPS.

Mister Car Wash (NYSE:MCW - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. Mister Car Wash had a return on equity of 10.49% and a net margin of 7.06%. The business's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 earnings per share.

Several other research firms have also weighed in on MCW. UBS Group dropped their price target on Mister Car Wash from $8.50 to $8.25 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Raymond James began coverage on shares of Mister Car Wash in a research note on Thursday, March 13th. They issued an "outperform" rating and a $10.00 price target for the company. Morgan Stanley upped their price objective on shares of Mister Car Wash from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Thursday, February 20th. Finally, Stephens decreased their target price on shares of Mister Car Wash from $9.00 to $8.50 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $8.46.

Mister Car Wash Stock Down 0.1 %

Shares of MCW stock traded down $0.01 during midday trading on Monday, reaching $7.52. 873,180 shares of the stock were exchanged, compared to its average volume of 1,580,594. Mister Car Wash has a 1 year low of $5.84 and a 1 year high of $8.60. The firm has a market cap of $2.44 billion, a PE ratio of 34.18, a price-to-earnings-growth ratio of 1.65 and a beta of 1.58. The company's 50 day moving average is $7.62 and its two-hundred day moving average is $7.56. The company has a current ratio of 0.53, a quick ratio of 0.24 and a debt-to-equity ratio of 0.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MCW. Quantinno Capital Management LP purchased a new stake in Mister Car Wash during the 4th quarter valued at $77,000. Quarry LP purchased a new stake in Mister Car Wash during the fourth quarter valued at $79,000. Forum Financial Management LP purchased a new stake in Mister Car Wash during the fourth quarter valued at $81,000. BNP Paribas Financial Markets bought a new position in Mister Car Wash in the fourth quarter valued at about $96,000. Finally, Blue Trust Inc. grew its position in Mister Car Wash by 59.4% during the fourth quarter. Blue Trust Inc. now owns 13,510 shares of the company's stock valued at $98,000 after buying an additional 5,032 shares during the period.

Insiders Place Their Bets

In other Mister Car Wash news, CFO Jedidiah Marc Gold sold 42,278 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $8.50, for a total value of $359,363.00. Following the completion of the transaction, the chief financial officer now owns 44,854 shares of the company's stock, valued at approximately $381,259. The trade was a 48.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph Duane Matheny sold 6,410 shares of the firm's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $8.01, for a total transaction of $51,344.10. Following the sale, the insider now directly owns 81,206 shares in the company, valued at approximately $650,460.06. The trade was a 7.32 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 286,009 shares of company stock valued at $2,397,123. Insiders own 70.00% of the company's stock.

Mister Car Wash Company Profile

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.