Jedidiah Marc Gold Sells 144,319 Shares of Mister Car Wash, Inc. (NYSE:MCW) Stock

Mister Car Wash, Inc. (NYSE:MCW) CFO Jedidiah Marc Gold sold 144,319 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $7.54, for a total transaction of $1,088,165.26. Following the sale, the chief financial officer now owns 44,854 shares of the company’s stock, valued at approximately $338,199.16. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Jedidiah Marc Gold also recently made the following trade(s):

• 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 transaction of $20,000.00.

Mister Car Wash Trading Up 4.6 %

Shares of NYSE:MCW opened at $8.34 on Thursday. The company has a current ratio of 0.27, a quick ratio of 0.24 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $2.69 billion, a PE ratio of 36.26, a P/E/G ratio of 2.05 and a beta of 1.60. Mister Car Wash, Inc. has a 1 year low of $5.84 and a 1 year high of $9.45. The firm has a fifty day moving average price of $6.55 and a 200 day moving average price of $6.86.

Mister Car Wash (NYSE:MCW) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Mister Car Wash had a return on equity of 9.92% and a net margin of 7.54%. The business had revenue of $249.33 million for the quarter, compared to analyst estimates of $249.15 million. During the same quarter in the prior year, the firm posted $0.06 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Analysts expect that Mister Car Wash, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MCW has been the topic of a number of research reports. The Goldman Sachs Group upped their price target on shares of Mister Car Wash from $5.00 to $6.00 and gave the stock a “sell” rating in a research note on Thursday, August 1st. UBS Group raised their price target on Mister Car Wash from $7.50 to $8.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $9.25.

Hedge Funds Weigh In On Mister Car Wash

Institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System grew its stake in Mister Car Wash by 3.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 46,600 shares of the company’s stock valued at $332,000 after buying an additional 1,500 shares during the last quarter. Texas Permanent School Fund Corp increased its stake in shares of Mister Car Wash by 2.0% in the first quarter. Texas Permanent School Fund Corp now owns 79,712 shares of the company’s stock worth $618,000 after purchasing an additional 1,581 shares during the period. Bessemer Group Inc. lifted its position in shares of Mister Car Wash by 9.9% during the 1st quarter. Bessemer Group Inc. now owns 20,179 shares of the company’s stock worth $156,000 after purchasing an additional 1,824 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Mister Car Wash by 16.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,332 shares of the company’s stock valued at $135,000 after purchasing an additional 2,479 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Mister Car Wash by 19.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,673 shares of the company’s stock valued at $190,000 after buying an additional 4,268 shares during the last quarter.

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.