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After finishing at $41.07 in the prior trading day, Cactus Inc (NYSE: WHD) closed at $41.44, up 0.90%. In other words, the price has increased by $0.90 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our goal is to gain a better understanding of WHD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.40. For the most recent quarter (mrq), Quick Ratio is recorded 3.47 and its Current Ratio is at 4.85. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On July 10, 2024, Citigroup reiterated its Neutral rating and also lowered its target price recommendation 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:
As of this moment, Cactus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.70, and their Forward P/E ratio for the next fiscal year is 14.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 2.56.
Stock Price History:
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 -0.37%, while the 200-Day Moving Average is calculated to be -25.44%.
Shares Statistics:
A total of 68.39M shares are outstanding, with a floating share count of 67.70M. Insiders hold about 1.11% of the company’s shares, while institutions hold 108.15% stake in the company.
Earnings Estimates
The current assessment of Cactus Inc (WHD) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.72, with high estimates of $0.76 and low estimates of $0.69.
Analysts are recommending an EPS of between $2.96 and $2.66 for the fiscal current year, implying an average EPS of $2.8. EPS for the following year is $3.06, with 6.0 analysts recommending between $3.38 and $2.74.
Revenue Estimates
4 analysts predict $280.33M in revenue for the current quarter. It ranges from a high estimate of $282M to a low estimate of $278.72M. As of the current estimate, Cactus Inc’s year-ago sales were $290.39MFor the next quarter, 4 analysts are estimating revenue of $280.65M. There is a high estimate of $293M for the next quarter, whereas the lowest estimate is $267.4M.
A total of 5 analysts have provided revenue estimates for WHD’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $1.13BBased on 5 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.21B and the low estimate is $1.11B.
