Mister Car Wash (NYSE:MCW – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. 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.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. UBS Group boosted their price target on Mister Car Wash from $8.00 to $8.50 and gave the stock a “neutral” rating in a research report on Thursday. Morgan Stanley boosted their price target on Mister Car Wash from $8.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday. Stephens assumed coverage on Mister Car Wash in a research report on Tuesday, January 14th. They set an “equal weight” rating and a $8.00 price target for the company. Finally, Wells Fargo & Company dropped their price target on Mister Car Wash from $10.00 to $9.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $8.57.
Check Out Our Latest Report on Mister Car Wash
Mister Car Wash Trading Down 2.5 %
Insiders Place Their Bets
In other news, insider Joseph Duane Matheny sold 6,410 shares of the company’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $8.01, for a total value of $51,344.10. Following the transaction, the insider now owns 81,206 shares of the company’s stock, valued at $650,460.06. This represents a 7.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 70.00% of the stock is currently owned by corporate insiders.
About Mister Car Wash
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.
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