Mister Car Wash Inc (MCW)’s latest performance is not what we had anticipated

On Tuesday, Mister Car Wash Inc (NYSE: MCW) was 0.43% jump from the session before ,before settling in for the closing price of $6.95. A 52-week range for MCW has been $4.80 – $10.07.

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Annual sales at Consumer Cyclical sector company grew by 11.14% over the past five years. When this article was written, the company’s average yearly earnings per share was at 0.63%. With a float of $90.32 million, this company’s outstanding shares have now reached $315.19 million.

Let’s look at the performance matrix of the company that is accounted for 6600 employees.

Mister Car Wash Inc (MCW) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mister Car Wash Inc stocks. The insider ownership of Mister Car Wash Inc is 71.37%, while institutional ownership is 36.33%. The most recent insider transaction that took place on Mar 15 ’24, was worth 246,750. In this transaction Chief Operating Officer of this company sold 35,000 shares at a rate of $7.05, taking the stock ownership to the 270,523 shares. Before that another transaction happened on Mar 05 ’24, when Company’s Chief Executive Officer sold 23,161 for $7.69, making the entire transaction worth $178,108. This insider now owns 2,622,146 shares in total.

Mister Car Wash Inc (MCW) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.07 earnings per share (EPS) during the time that was better than consensus figure (set at $0.07) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 197.89% growth over the previous five years of trading.

Mister Car Wash Inc (NYSE: MCW) Trading Performance Indicators

You can see what Mister Car Wash Inc (MCW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.39 in one year’s time.

Technical Analysis of Mister Car Wash Inc (MCW)

Mister Car Wash Inc (NYSE: MCW) saw its 5-day average volume 1.69 million, a positive change from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 20.60%. Additionally, its Average True Range was 0.29.

During the past 100 days, Mister Car Wash Inc’s (MCW) raw stochastic average was set at 10.18%, which indicates a significant decrease from 24.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.54% in the past 14 days, which was lower than the 42.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.99, while its 200-day Moving Average is $7.57. Nevertheless, the first resistance level for the watch stands at $7.08 in the near term. At $7.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.25. If the price goes on to break the first support level at $6.91, it is likely to go to the next support level at $6.84. Assuming the price breaks the second support level, the third support level stands at $6.74.

Mister Car Wash Inc (NYSE: MCW) Key Stats

There are 315,472K outstanding shares of the company, which has a market capitalization of 2.20 billion. As of now, sales total 927,070 K while income totals 80,130 K. Its latest quarter income was 230,140 K while its last quarter net income were 12,380 K.