Mister Car Wash - MCW Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mister Car Wash in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MCW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCW, but not buy additional shares or sell existing shares.
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5 brokerages have issued twelve-month price targets for Mister Car Wash's shares. Their MCW share price forecasts range from $9.00 to $18.00. On average, they anticipate the company's stock price to reach $11.38 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price.
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Mister Car Wash's stock was trading at $9.23 at the beginning of 2023. Since then, MCW stock has decreased by 9.5% and is now trading at $8.35.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
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Mister Car Wash, Inc. (NYSE:MCW) announced its quarterly earnings data on Thursday, February, 23rd. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The firm had revenue of $214.35 million for the quarter, compared to analysts' expectations of $214.74 million. Mister Car Wash had a net margin of 12.88% and a trailing twelve-month return on equity of 15.16%.

ETFs with the largest weight of Mister Car Wash (NYSE:MCW) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Consumer Discretionary AlphaDEX Fund (FXD).iShares U.S. Consumer Discretionary ETF (IYC) and

Mister Car Wash issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $0.30-$0.35 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of $925.00 million-$960.00 million, compared to the consensus revenue estimate of $956.53 million.

(MCW) raised $600 million in an IPO on Friday, June 25th 2021. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share.

Mister Car Wash trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCW."

Mister Car Wash's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (2.71%), Allspring Global Investments Holdings LLC (0.91%), Mariner LLC (0.40%), Summit Creek Advisors LLC (0.38%), Geode Capital Management LLC (0.33%) and Marshall Wace LLP (0.27%). Insiders that own company stock include Casey Penn Lindsay, Jedidiah Marc Gold, John Lo-Minn Lai, Jonathan A Seiffer, Joseph Duane Matheny, Lisa Bossard Funk and Mayra Idali Chimienti.
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Shares of MCW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MCW stock can currently be purchased for approximately $8.35.

Mister Car Wash (NYSE:MCW) has a market capitalization of $2.57 billion and generates $876.51 million in revenue each year. The company earns $112.90 million in net income (profit) each year or $0.34 on an earnings per share basis.

The company employs 6,350 workers across the globe.

The official website for the company is mistercarwash.com. The company can be reached via phone at 520-615-4000 or via email at ir@mistercarwash.com.