For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Cactus Inc (NYSE: WHD) closed at $39.84 up 0.38% from its previous closing price of $39.69. In other words, the price has increased by $0.38 from its previous closing price. On the day, 0.82 million shares were traded. WHD stock price reached its highest trading level at $40.2 during the session, while it also had its lowest trading level at $39.32.
Ratios:
For a deeper understanding of Cactus Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.69. 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 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2732023808 and an Enterprise Value of 2569202944. As of this moment, Cactus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.00, and their Forward P/E ratio for the next fiscal year is 13.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 2.296 whereas that against EBITDA is 7.584.
Stock Price History:
The Beta on a monthly basis for WHD is 1.54, which has changed by -0.32302463 over the last 52 weeks, in comparison to a change of 0.20799685 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 -10.28%, while the 200-Day Moving Average is calculated to be -23.18%.
Shares Statistics:
For the past three months, WHD has traded an average of 627.08K shares per day and 780000 over the past ten days. A total of 68.58M shares are outstanding, with a floating share count of 67.83M. Insiders hold about 1.09% of the company’s shares, while institutions hold 108.45% stake in the company. Shares short for WHD as of 1752537600 were 2961729 with a Short Ratio of 4.72, compared to 1749772800 on 3101040. Therefore, it implies a Short% of Shares Outstanding of 2961729 and a Short% of Float of 6.950000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for WHD is 0.52, from 0.52 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013101537The stock’s 5-year Average Dividend Yield is 1.04.
