Mister Car Wash (NYSE:MCW – Get Rating) and EVgo (NYSE:EVGO – Get Rating) are both consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, profitability, earnings, institutional ownership and risk.
Analyst Recommendations
This is a summary of current ratings and recommmendations for Mister Car Wash and EVgo, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Mister Car Wash | 1 | 4 | 0 | 0 | 1.80 |
| EVgo | 0 | 3 | 5 | 0 | 2.63 |
Mister Car Wash presently has a consensus price target of $11.00, indicating a potential upside of 29.72%. EVgo has a consensus price target of $9.64, indicating a potential upside of 76.29%. Given EVgo’s stronger consensus rating and higher probable upside, analysts clearly believe EVgo is more favorable than Mister Car Wash.
Risk & Volatility
Institutional & Insider Ownership
12.9% of EVgo shares are held by institutional investors. 71.9% of Mister Car Wash shares are held by insiders. Comparatively, 74.5% of EVgo shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Profitability
This table compares Mister Car Wash and EVgo’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Mister Car Wash | 12.88% | 15.16% | 4.42% |
| EVgo | -50.51% | N/A | -6.79% |
Earnings and Valuation
This table compares Mister Car Wash and EVgo’s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Mister Car Wash | $876.51 million | 2.98 | $112.90 million | $0.34 | 24.94 |
| EVgo | $54.59 million | 26.57 | -$27.58 million | ($0.40) | -13.68 |
Mister Car Wash has higher revenue and earnings than EVgo. EVgo is trading at a lower price-to-earnings ratio than Mister Car Wash, indicating that it is currently the more affordable of the two stocks.
About Mister Car Wash
Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. As of June 16, 2022, it operated 407 car wash locations in 21 states. The company was formerly known as Hotshine Holdings, Inc. and changed its name to Mister Car Wash, Inc. in March 2021. Mister Car Wash, Inc. was founded in 1969 and is headquartered in Tucson, Arizona.
About EVgo
EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot, or garage, pay gates and pilots microtargeted advertising, and charging reservations; and maintenance and development and project management services through eXtendTM, including electric vehicle supply equipment installation, networking, and operations. The company was incorporated in 2010 and is based in Los Angeles, California.
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