Mister Car Wash (MCW) Projected to Post Earnings on Wednesday

Mister Car Wash (NYSE:MCW - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $271.83 million for the quarter.

Mister Car Wash (NYSE:MCW - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Mister Car Wash had a return on equity of 10.49% and a net margin of 7.06%. During the same period in the prior year, the business posted $0.08 earnings per share. Mister Car Wash's quarterly revenue was up 9.4% compared to the same quarter last year. On average, analysts expect Mister Car Wash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mister Car Wash Stock Performance

NYSE MCW traded up $0.06 during trading hours on Friday, hitting $6.46. The company's stock had a trading volume of 1,364,154 shares, compared to its average volume of 1,506,942. Mister Car Wash has a 12 month low of $5.84 and a 12 month high of $8.60. The company's 50 day simple moving average is $6.57 and its two-hundred day simple moving average is $7.25. The company has a market cap of $2.10 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.53 and a quick ratio of 0.24.

Insider Activity at Mister Car Wash

In related news, Director Veronica Rogers sold 5,205 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $7.06, for a total transaction of $36,747.30. Following the completion of the transaction, the director directly owned 27,880 shares in the company, valued at approximately $196,832.80. The trade was a 15.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jedidiah Marc Gold sold 9,187 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $6.69, for a total value of $61,461.03. Following the transaction, the chief financial officer owned 66,994 shares of the company's stock, valued at approximately $448,189.86. This trade represents a 12.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 266,355 shares of company stock worth $1,733,596 in the last quarter. 69.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MCW. Jane Street Group LLC grew its stake in shares of Mister Car Wash by 191.7% during the 1st quarter. Jane Street Group LLC now owns 37,482 shares of the company's stock valued at $296,000 after acquiring an additional 24,633 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Mister Car Wash by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,310 shares of the company's stock worth $444,000 after purchasing an additional 2,519 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Mister Car Wash by 20.7% in the 1st quarter. AQR Capital Management LLC now owns 129,352 shares of the company's stock worth $1,012,000 after purchasing an additional 22,152 shares in the last quarter. Royal Bank of Canada lifted its holdings in Mister Car Wash by 8.5% in the 1st quarter. Royal Bank of Canada now owns 1,106,521 shares of the company's stock worth $8,730,000 after purchasing an additional 86,274 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in Mister Car Wash by 72.9% in the 1st quarter. Millennium Management LLC now owns 1,540,524 shares of the company's stock worth $12,155,000 after purchasing an additional 649,448 shares in the last quarter.

Analysts Set New Price Targets

MCW has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on Mister Car Wash from $9.00 to $8.00 and set an "overweight" rating for the company in a report on Friday, July 18th. Stephens cut their price target on 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. UBS Group cut their price target on Mister Car Wash from $8.50 to $8.25 and set a "neutral" rating for the company in a research note on Thursday, May 1st. BTIG Research initiated coverage on Mister Car Wash in a research note on Monday, June 30th. They set a "neutral" rating for the company. Finally, The Goldman Sachs Group initiated coverage on Mister Car Wash in a research note on Tuesday, June 3rd. They set a "sell" rating and a $6.25 price target for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $8.33.

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.