30-Jan-2025
Mister Car Wash Announces General Counsel Transition Plan
TipRanks (Wed, 29-Jan 6:50 AM ET)
Mister Car Wash Announces Transfer of Stock Listing to Nasdaq
Business Wire (Thu, 19-Dec 4:05 PM ET)
Mister Car Wash Inc is a car wash brand offering express exterior and interior cleaning services. Express Exterior Locations offers express exterior cleaning services and Interior Cleaning Locations offers both express exterior and interior cleaning services. The company recognizes revenue in two main streams. It offers an Unlimited Wash Club (UWC) program to its customers. The UWC program entitles the customer to unlimited washes for a monthly fee, cancellable at any time. Second, revenue from the car wash and quick lube services.
Mister Car Wash trades on the NASDAQ stock market under the symbol MCW.
As of January 30, 2025, MCW stock price climbed to $8.27 with 1,377,090 million shares trading.
MCW has a beta of 0.85, meaning it tends to be less sensitive to market movements. MCW has a correlation of 0.07 to the broad based SPY ETF.
MCW has a market cap of $2.66 billion. This is considered a Mid Cap stock.
Last quarter Mister Car Wash reported $249 million in Revenue and $.09 earnings per share. This beat revenue expectation by $179,000 and exceeded earnings estimates by $.02.
In the last 3 years, MCW traded as high as $17.75 and as low as $4.80.
The top ETF exchange traded funds that MCW belongs to (by Net Assets): IJR, IWM, VTI, VB, VBK.
MCW has underperformed the market in the last year with a return of -0.6%, while SPY returned +24.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MCW shares. However, MCW has outperformed the market in the last 3 month and 2 week periods, returning +24.4% and +17.3%, while SPY returned +4.7% and +2.3%, respectively. This indicates MCW has been having a stronger performance recently.
MCW support price is $7.79 and resistance is $8.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MCW shares will trade within this expected range on the day.