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Wednesday, December 6, 2023

Today, Mister Car Wash Inc (NYSE: MCW) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Mister Car Wash Inc (MCW) shows that investor sentiment remained same, with the stock’s consolidated last price to $6.01. The Mister Car Wash Inc has recorded 26,556 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Mister Car Wash Announces Third Quarter 2023 Financial Results.

Stocks Info

The company is listed on the NYSE and operates within the Personal Services industry segment. At the end of the last regular session, the stock closed at $6.01 and fluctuated between $6.18 as its day high and $5.90 as its day low. The current market capitalization of Mister Car Wash Inc is $1.88B. A total of 2.47 million shares were traded on the day, compared to an average of 1.85M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MCW has seen 10 BUY and 9 SELL insider trades, representing the acquisition of 1,203,720 and the disposition of 1,103,720 shares. Over the last 12 months, there were 25 BUYs and 25 SELLs from insiders. Insiders purchased 2,574,542 shares during that period but sold 2,415,497.

In the most recent transaction, Lai John Lo-minn sold 198,200 shares of MCW for 6.01 per share on Sep 18. After the transaction, the Chief Executive Officer now owns 2,564,226 company shares. In a previous transaction on Sep 18, Lai John Lo-minn sold 77,730 shares at 6.01 per share. MCW shares that Chief Executive Officer owns now total 960,000.

Among the insiders who sold shares, Lai John Lo-minn disposed of 198,200 shares on Sep 11 at a per-share price of $6.38. This resulted in the Chief Executive Officer holding 2,564,226 shares of MCW after the transaction. In another insider transaction, Lai John Lo-minn sold 77,730 shares at $6.38 per share on Sep 11. Company shares held by the Chief Executive Officer now total 960,000.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MCW in the last 3 months, the mean price target is $9.05 with high estimates of $13.00 and low estimates of $5.00. In terms of 52-week highs and lows, MCW has a high of $11.14 and a low of $4.80.

As of this writing, MCW has an earnings estimate of $0.07 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.09 per share and a lower estimate of $0.06.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MCW’s latest balance sheet shows that the firm has $19.74M in Cash & Short Term Investments as of fiscal 2021. There were $1.67B in debt and $130.23M in liabilities at the time. Its Book Value Per Share was $2.84, while its Total Shareholder’s Equity was $657.15M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCW is Buy with a score of 4.09.

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