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

Mister Car Wash (NYSE:MCW - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect Mister Car Wash to post earnings of $0.10 per share and revenue of $257.87 million for the quarter.

Mister Car Wash (NYSE:MCW - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Mister Car Wash had a net margin of 7.06% and a return on equity of 10.49%. The company's revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.08 earnings per share. 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 Up 0.7 %

Shares of MCW stock traded up $0.05 on Friday, reaching $7.54. 1,689,932 shares of the company were exchanged, compared to its average volume of 1,600,560. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.53 and a quick ratio of 0.24. The company has a 50-day moving average of $7.62 and a 200-day moving average of $7.54. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 1.65 and a beta of 1.57. Mister Car Wash has a one year low of $5.84 and a one year high of $8.60.

Analysts Set New Price Targets

A number of equities research analysts have commented on MCW shares. Stephens reduced their price objective 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. Morgan Stanley lifted their price target on shares of Mister Car Wash from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Thursday, February 20th. UBS Group lowered their price objective on shares of Mister Car Wash from $8.50 to $8.25 and set a "neutral" rating on the stock in a report on Thursday. Wells Fargo & Company reduced their price objective on shares of Mister Car Wash from $10.00 to $9.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Finally, Raymond James began coverage on shares of Mister Car Wash in a report on Thursday, March 13th. They issued an "outperform" rating and a $10.00 target price on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $8.46.

Insiders Place Their Bets

In other news, insider Joseph Duane Matheny sold 6,410 shares of the firm's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $8.01, for a total transaction of $51,344.10. Following the completion of the sale, the insider now directly owns 81,206 shares of the company's stock, valued at $650,460.06. This trade represents a 7.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jedidiah Marc Gold sold 52,989 shares of Mister Car Wash stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $8.52, for a total value of $451,466.28. Following the sale, the chief financial officer now owns 55,437 shares in the company, valued at $472,323.24. The trade was a 48.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 286,009 shares of company stock valued at $2,397,123. Corporate insiders own 70.00% of the company's stock.

About Mister Car Wash

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.