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Cactus Inc (NYSE: WHD) closed the day trading at $42.31 down -9.59% from the previous closing price of $46.8. In other words, the price has decreased by -$9.59 from its previous closing price. On the day, 1.61 million shares were traded. WHD stock price reached its highest trading level at $46.48 during the session, while it also had its lowest trading level at $41.085.
Ratios:
For a better understanding of WHD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.52. For the most recent quarter (mrq), Quick Ratio is recorded 3.48 and its Current Ratio is at 4.85. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On November 04, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $61.
Citigroup reiterated its Neutral rating for the stock on July 10, 2024, while the target price for the stock was revised from $48 to $52.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 19 ’24 when Rothstein Bruce M sold 40,000 shares for $65.22 per share. The transaction valued at 2,609,000 led to the insider holds 0 shares of the business.
Rothstein Bruce M sold 5,000 shares of WHD for $326,125 on Nov 19 ’24. The Director now owns 12,177 shares after completing the transaction at $65.22 per share. On Nov 19 ’24, another insider, Rothstein Bruce M, who serves as the Director of the company, bought 45,000 shares for $65.22 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WHD now has a Market Capitalization of 2902466048 and an Enterprise Value of 2535671296. As of this moment, Cactus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.93, and their Forward P/E ratio for the next fiscal year is 14.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 2.266 whereas that against EBITDA is 7.144.
Stock Price History:
The Beta on a monthly basis for WHD is 1.48, which has changed by -0.28300285 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, WHD has reached a high of $70.01, while it has fallen to a 52-week low of $33.80. The 50-Day Moving Average of the stock is -4.89%, while the 200-Day Moving Average is calculated to be -18.79%.
Shares Statistics:
Over the past 3-months, WHD traded about 619.29K shares per day on average, while over the past 10 days, WHD traded about 677130 shares per day. A total of 68.57M shares are outstanding, with a floating share count of 67.72M. Insiders hold about 1.09% of the company’s shares, while institutions hold 108.38% stake in the company. Shares short for WHD as of 1752537600 were 2961729 with a Short Ratio of 4.78, compared to 1749772800 on 3101040. Therefore, it implies a Short% of Shares Outstanding of 2961729 and a Short% of Float of 6.94.
Dividends & Splits
WHD’s forward annual dividend rate is 0.52, up from 0.26 a year ago. Against a Trailing Annual Dividend Yield of 0.005555555The stock’s 5-year Average Dividend Yield is 1.04.