Mister Car Wash (NYSE:MCW) Issues FY 2025 Earnings Guidance

Key Points

• Mister Car Wash (NYSE:MCW) has updated its FY 2025 earnings guidance, projecting earnings per share (EPS) between $0.420 and $0.430, along with expected revenue of $1.0 billion to $1.1 billion.
• The company's stock traded down to $6.14, with a notable one-year high of $8.60 and a one-year low of $5.84.
• Wall Street analysts have a consensus rating of "Hold" on Mister Car Wash shares, with an average price target of $8.33, reflecting a cautious outlook on the stock's performance.

Mister Car Wash (NYSE:MCW - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.420-0.430 for the period. The company issued revenue guidance of $1.0 billion-$1.1 billion.

Mister Car Wash Stock Down 1.2%

Shares of Mister Car Wash stock traded down $0.07 during trading on Friday, hitting $5.71. The company's stock had a trading volume of 2,985,771 shares, compared to its average volume of 1,597,432. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.24 and a current ratio of 0.53. The company has a fifty day simple moving average of $6.45 and a two-hundred day simple moving average of $7.21. The company has a market capitalization of $1.85 billion, a PE ratio of 25.96, a P/E/G ratio of 1.65 and a beta of 1.49. Mister Car Wash has a 52 week low of $5.27 and a 52 week high of $8.60.

Mister Car Wash (NYSE:MCW - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). The business had revenue of $265.42 million during the quarter, compared to the consensus estimate of $271.83 million. Mister Car Wash had a return on equity of 10.49% and a net margin of 7.06%. The firm's revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. Equities research analysts predict that Mister Car Wash will post 0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MCW shares. BTIG Research started coverage on shares of Mister Car Wash in a research note on Monday, June 30th. They issued a "neutral" rating on the stock. Morgan Stanley dropped their price target on shares of Mister Car Wash from $9.00 to $7.50 and set an "equal weight" rating on the stock in a research note on Thursday. Stephens dropped their price target on shares of Mister Car Wash from $9.00 to $8.50 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Piper Sandler dropped their price target on shares of Mister Car Wash from $11.00 to $8.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, Stifel Nicolaus dropped their price target on shares of Mister Car Wash from $8.50 to $7.50 and set a "hold" rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Mister Car Wash presently has an average rating of "Hold" and a consensus price target of $8.00.

Insider Buying and Selling at Mister Car Wash

In other Mister Car Wash news, CEO John Lo-Minn Lai sold 41,997 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $6.69, for a total transaction of $280,959.93. Following the transaction, the chief executive officer owned 4,532,254 shares in the company, valued at approximately $30,320,779.26. This represents a 0.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mary Lyn Porter sold 6,303 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $6.69, for a total transaction of $42,167.07. Following the transaction, the insider owned 23,081 shares in the company, valued at $154,411.89. This represents a 21.45% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 266,355 shares of company stock worth $1,733,596. 69.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in Mister Car Wash by 19.8% in the second quarter. Envestnet Asset Management Inc. now owns 22,832 shares of the company's stock worth $137,000 after acquiring an additional 3,766 shares during the period. Jane Street Group LLC raised its position in Mister Car Wash by 191.7% in the first quarter. Jane Street Group LLC now owns 37,482 shares of the company's stock worth $296,000 after acquiring an additional 24,633 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Mister Car Wash by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,310 shares of the company's stock worth $444,000 after acquiring an additional 2,519 shares during the period. AQR Capital Management LLC increased its stake in shares of Mister Car Wash by 20.7% in the first 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. Finally, Royal Bank of Canada increased its stake in shares of Mister Car Wash by 8.5% in the first 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.

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.