Sum Up The Pieces: IJT Could Be Worth $161
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Implied Analyst Target Price for IJT: The iShares S&P Small-Cap 600 Growth ETF (IJT) has an implied analyst target price of $160.67, suggesting a potential upside of 16.50% from its recent trading price of $137.91.
Notable Holdings with Upside Potential: Key underlying holdings such as GEO Group Inc, Dream Finders Homes Inc, and Mister Car Wash Inc show significant upside potential based on analyst target prices, raising questions about the validity of these targets in light of current market conditions.
Analyst Views on MCW
Wall Street analysts forecast MCW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCW is 6.80 USD with a low forecast of 5.25 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
4 Hold
2 Sell
Moderate Buy
Current: 6.000
Low
5.25
Averages
6.80
High
9.00
Current: 6.000
Low
5.25
Averages
6.80
High
9.00
About MCW
Mister Car Wash, Inc. is a car wash company. The Company is engaged in offering express exterior cleaning services. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. In addition, with over 2.1 million members, it offers a monthly car wash subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. It serves a diverse mix of customers, including individual retail customers and UWC members, which are comprised of both retail and corporate customers. It operates in approximately 525 locations in 21 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
