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

Mister Car Wash (NYSE:MCW) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.430-0.450 for the period, compared to the consensus EPS estimate of 0.390. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Mister Car Wash Price Performance

NYSE:MCW traded down $0.09 on Wednesday, reaching $7.60. 1,325,953 shares of the company’s stock traded hands, compared to its average volume of 1,097,386. The firm has a market cap of $2.45 billion, a PE ratio of 33.04, a P/E/G ratio of 1.74 and a beta of 1.63. The company has a quick ratio of 0.24, a current ratio of 0.27 and a debt-to-equity ratio of 0.96. The stock has a 50-day simple moving average of $7.46 and a 200-day simple moving average of $7.13. Mister Car Wash has a 12 month low of $5.84 and a 12 month high of $9.14.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Stephens began coverage on Mister Car Wash in a research report on Tuesday, January 14th. They issued an “equal weight” rating and a $8.00 price target for the company. Morgan Stanley lowered their target price on shares of Mister Car Wash from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Wells Fargo & Company reduced their price target on shares of Mister Car Wash from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Finally, UBS Group lifted their price objective on shares of Mister Car Wash from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.36.

Insider Buying and Selling at Mister Car Wash

In other Mister Car Wash news, insider Joseph Duane Matheny sold 74,304 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $8.05, for a total transaction of $598,147.20. Following the sale, the insider now owns 81,206 shares of the company’s stock, valued at approximately $653,708.30. This trade represents a 47.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.