After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Mister Car Wash Inc (MCW) shows that investor sentiment remained same, with the stock’s consolidated last price to $7.44. The Mister Car Wash Inc has recorded 18,789 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Mister Car Wash Announces Third Quarter 2023 Financial Results.
MCW belongs to the Consumer Cyclical sector of the NYSE while operating in the Personal Services industry. At the end of the last regular session, the stock closed at $7.44 and fluctuated between $7.53 as its day high and $7.27 as its day low. The current market capitalization of Mister Car Wash Inc is $2.34B. A total of 1.4 million shares were traded on the day, compared to an average of 1.67M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, MCW has seen 5 BUY and 5 SELL insider trades, representing the acquisition of 551,860 and the disposition of 551,860 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for MCW in the last 3 months, the mean price target is $8.95 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 $10.79 and a low of $4.80.
As of this writing, MCW has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.08 per share and a lower estimate of $0.05.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.