The stock of Mister Car Wash Inc (MCW) has seen a 7.00% increase in the past week, with a -7.26% drop in the past month, and a -19.66% decrease in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 4.00% for MCW.. The simple moving average for the past 20 days is -0.09% for MCW’s stock, with a -5.74% simple moving average for the past 200 days.
Is It Worth Investing in Mister Car Wash Inc (NYSE: MCW) Right Now?
Mister Car Wash Inc (NYSE: MCW) has a higher price-to-earnings ratio of 28.80x compared to its average ratio. MCW has 36-month beta value of 1.65. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MCW is 90.32M, and currently, short sellers hold a 14.26% ratio of that float. The average trading volume of MCW on April 24, 2024 was 1.33M shares.
MCW) stock’s latest price update
Mister Car Wash Inc (NYSE: MCW) has experienced a rise in its stock price by 2.78 compared to its previous closing price of 6.84. However, the company has seen a gain of 7.00% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-20 that Mister Car Wash Shines In Profitability, While Shares Appear Fairly Valued
Analysts’ Opinion of MCW
Many brokerage firms have already submitted their reports for MCW stocks, with Mizuho repeating the rating for MCW by listing it as a “Buy.” The predicted price for MCW in the upcoming period, according to Mizuho is $11 based on the research report published on March 19, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see MCW reach a price target of $9.50. The rating they have provided for MCW stocks is “Neutral” according to the report published on February 16th, 2024.
Wells Fargo gave a rating of “Overweight” to MCW, setting the target price at $11 in the report published on January 10th of the current year.
MCW Trading at -8.05% from the 50-Day Moving Average
After a stumble in the market that brought MCW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.19% of loss for the given period.
Volatility was left at 4.00%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares sank -5.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.15% lower at present.
During the last 5 trading sessions, MCW rose by +7.00%, which changed the moving average for the period of 200-days by -27.00% in comparison to the 20-day moving average, which settled at $7.02. In addition, Mister Car Wash Inc saw -18.63% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MCW starting from Chimienti Mayra Idali, who sale 35,000 shares at the price of $7.05 back on Mar 15 ’24. After this action, Chimienti Mayra Idali now owns 270,523 shares of Mister Car Wash Inc, valued at $246,750 using the latest closing price.
Lai John Lo-minn, the Chief Executive Officer of Mister Car Wash Inc, sale 23,161 shares at $7.69 during a trade that took place back on Mar 05 ’24, which means that Lai John Lo-minn is holding 2,622,146 shares at $178,108 based on the most recent closing price.
Stock Fundamentals for MCW
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.67 for the gross margin
The net margin for Mister Car Wash Inc stands at 0.09. The total capital return value is set at 0.07. Equity return is now at value 9.34, with 2.61 for asset returns.
Based on Mister Car Wash Inc (MCW), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.93. The interest coverage ratio of the stock is 2.37.
Currently, EBITDA for the company is 248.26 million with net debt to EBITDA at 7.72. When we switch over and look at the enterprise to sales, we see a ratio of 4.28. The receivables turnover for the company is 44.11for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.
Conclusion
To put it simply, Mister Car Wash Inc (MCW) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
