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BMO Capital Stick to Their Buy Rating for Mister Car Wash

Published 12/10/2021, 08:56 AM


BMO Capital analyst Simeon Siegel reiterated a Buy rating on Mister Car Wash on Friday, setting a price target of $25, which is approximately 37.59% above the present share price of $18.17.

Siegel expects Mister Car Wash to post earnings per share (EPS) of $0.09 for the fourth quarter of 2021.

The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Mister Car Wash, with an average price target of $25.
The analysts price targets range from a high of $31 to a low of $20.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $194.31 million and a net profit of $40.27 million. The company's market cap is $5.4 billion.

According to TipRanks.com, BMO Capital analyst Simeon Siegel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.5% and a 62.18% success rate.

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.

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