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Investing.com - BMO Capital maintained its Outperform rating and $9.00 price target on Mister Car Wash Inc. (NASDAQ:MCW) following the company’s quarterly results.
The car wash operator reported same-store sales growth of 3.1% for the quarter, exceeding market expectations of 1.1%. This performance was driven by high single-digit comparable sales from the Unlimited Wash Club subscription program and base price increases. The company has maintained a healthy 7.2% revenue growth over the last twelve months, generating $1.03 billion in revenue. InvestingPro analysis shows six analysts have revised their earnings upwards for the upcoming period.
While Mister Car Wash reiterated its previous guidance, the company now expects comparable sales, revenue, and adjusted EBITDA to reach the high end of its previously announced ranges.
Fourth-quarter comparable sales are projected to improve progressively throughout the period and finish positive year-over-year, according to the company’s outlook.
BMO Capital believes Mister Car Wash is positioned to benefit from a more rational industry environment and its own initiatives, particularly its expanded marketing tests. According to InvestingPro data, the company trades at a low P/E ratio of 19.75 relative to near-term earnings growth, with a PEG ratio of just 0.81. Investors should note MCW operates with a significant debt burden, with total debt of $1.79 billion. For comprehensive analysis of MCW and 1,400+ other stocks, check out InvestingPro’s detailed Research Reports.
In other recent news, Mister Car Wash Inc. reported a strong financial performance for the third quarter of 2025. The company’s revenue reached $263 million, marking a 6% increase compared to the same period last year. Additionally, Mister Car Wash’s adjusted earnings per share (EPS) was $0.11, exceeding analyst forecasts of $0.1017. This represents a significant 38% growth in EPS year-over-year. These results highlight Mister Car Wash’s ability to outperform market expectations and demonstrate robust financial health. The positive earnings report has contributed to a sense of optimism among investors. Analysts’ projections were surpassed, indicating strong operational execution by the company. These recent developments underscore Mister Car Wash’s growth trajectory in the current fiscal year.
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