Cactus Inc (NYSE: WHD) has a higher price-to-earnings ratio of 21.14x compared to its average ratio, The 36-month beta value for WHD is at 1.97. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for WHD is 66.07M, and currently, shorts hold a 4.55% of that float. The average trading volume for WHD on January 31, 2025 was 604.79K shares.
WHD) stock’s latest price update
The stock price of Cactus Inc (NYSE: WHD) has dropped by -1.14 compared to previous close of 60.39. Despite this, the company has seen a fall of -5.76% in its stock price over the last five trading days. businesswire.com reported 2025-01-21 that HOUSTON–(BUSINESS WIRE)–Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.13 per share of Class A common stock with payment to occur on March 20, 2025 to holders of record of Class A common stock at the close of business on March 3, 2025. A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC. Declarations of any dividends in the future.
WHD’s Market Performance
Cactus Inc (WHD) has seen a -5.76% fall in stock performance for the week, with a 3.75% gain in the past month and a 4.57% surge in the past quarter. The volatility ratio for the week is 2.76%, and the volatility levels for the past 30 days are at 2.87% for WHD. The simple moving average for the past 20 days is -2.94% for WHD’s stock, with a 2.81% simple moving average for the past 200 days.
Analysts’ Opinion of WHD
Many brokerage firms have already submitted their reports for WHD stocks, with Barclays repeating the rating for WHD by listing it as a “Equal Weight.” The predicted price for WHD in the upcoming period, according to Barclays is $61 based on the research report published on November 04, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see WHD reach a price target of $52, previously predicting the price at $48. The rating they have provided for WHD stocks is “Neutral” according to the report published on July 10th, 2024.
WHD Trading at -4.61% from the 50-Day Moving Average
After a stumble in the market that brought WHD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.73% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares surge +2.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.46% lower at present.
During the last 5 trading sessions, WHD fell by -5.98%, which changed the moving average for the period of 200-days by +18.34% in comparison to the 20-day moving average, which settled at $61.50. In addition, Cactus Inc saw 2.30% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WHD starting from Rothstein Bruce M, who sale 40,000 shares at the price of $65.22 back on Nov 19 ’24. After this action, Rothstein Bruce M now owns 0 shares of Cactus Inc, valued at $2,609,000 using the latest closing price.
Rothstein Bruce M, the Director of Cactus Inc, sale 5,000 shares at $65.22 during a trade that took place back on Nov 19 ’24, which means that Rothstein Bruce M is holding 12,177 shares at $326,125 based on the most recent closing price.
Stock Fundamentals for WHD
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.38 for the gross margin
The net margin for Cactus Inc stands at 0.17. The total capital return value is set at 0.21. Equity return is now at value 20.58, with 11.93 for asset returns.
Based on Cactus Inc (WHD), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 8.2. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 198.92.
Currently, EBITDA for the company is 337.66 million with net debt to EBITDA at -0.7. When we switch over and look at the enterprise to sales, we see a ratio of 3.3. The receivables turnover for the company is 5.75for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.82.
Conclusion
In conclusion, Cactus Inc (WHD) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
