Mister Car Wash, Inc. (NYSE:MCW - Get Free Report) CFO Jedidiah Marc Gold sold 66,122 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $8.51, for a total value of $562,698.22. Following the completion of the transaction, the chief financial officer now directly owns 44,854 shares in the company, valued at $381,707.54. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Jedidiah Marc Gold also recently made the following trade(s):
- On Wednesday, November 6th, Jedidiah Marc Gold sold 362,658 shares of Mister Car Wash stock. The shares were sold at an average price of $8.22, for a total value of $2,981,048.76.
- On Thursday, October 31st, Jedidiah Marc Gold sold 144,319 shares of Mister Car Wash stock. The shares were sold at an average price of $7.54, for a total value of $1,088,165.26.
- On Monday, November 4th, Jedidiah Marc Gold sold 2,500 shares of Mister Car Wash stock. The shares were sold at an average price of $8.00, for a total value of $20,000.00.
Mister Car Wash Stock Down 3.7 %
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NYSE:MCW opened at $7.98 on Thursday. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 34.68, a price-to-earnings-growth ratio of 2.13 and a beta of 1.60. Mister Car Wash, Inc. has a one year low of $5.84 and a one year high of $9.45. The stock has a 50-day simple moving average of $6.77 and a 200 day simple moving average of $6.92. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.24 and a current ratio of 0.27.
Mister Car Wash (NYSE:MCW - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The company had revenue of $249.33 million during the quarter, compared to the consensus estimate of $249.15 million. Mister Car Wash had a return on equity of 9.92% and a net margin of 7.54%. Mister Car Wash's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.06 earnings per share. Sell-side analysts predict that Mister Car Wash, Inc. will post 0.29 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
MCW has been the topic of several research reports. UBS Group raised their price objective on Mister Car Wash from $7.50 to $8.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. The Goldman Sachs Group raised their target price on Mister Car Wash from $5.00 to $6.00 and gave the company a "sell" rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $9.25.
Check Out Our Latest Stock Analysis on Mister Car Wash
Institutional Investors Weigh In On Mister Car Wash
A number of hedge funds have recently made changes to their positions in the business. nVerses Capital LLC bought a new stake in Mister Car Wash during the second quarter worth approximately $31,000. Blue Trust Inc. raised its holdings in Mister Car Wash by 884.7% during the third quarter. Blue Trust Inc. now owns 8,478 shares of the company's stock worth $60,000 after purchasing an additional 7,617 shares in the last quarter. Ariadne Wealth Management LP bought a new stake in Mister Car Wash during the second quarter worth approximately $73,000. Pallas Capital Advisors LLC bought a new stake in Mister Car Wash during the second quarter worth approximately $84,000. Finally, CIBC Asset Management Inc bought a new stake in Mister Car Wash during the second quarter worth approximately $91,000.
About Mister Car Wash
(
Get Free Report)
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.
Further Reading
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