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Cactus Inc (NYSE: WHD) closed the day trading at $43.48 down -3.42% from the previous closing price of $45.02. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 1.03 million shares were traded. WHD stock price reached its highest trading level at $44.97 during the session, while it also had its lowest trading level at $43.27.
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 10.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.49. For the most recent quarter (mrq), Quick Ratio is recorded 3.06 and its Current Ratio is at 4.33. 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:
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 2963227392 and an Enterprise Value of 2855164160. As of this moment, Cactus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.71, and their Forward P/E ratio for the next fiscal year is 13.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.06 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 2.527 whereas that against EBITDA is 7.793.
Stock Price History:
The Beta on a monthly basis for WHD is 1.75, which has changed by -0.0899958 over the last 52 weeks, in comparison to a change of 0.07903516 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 $44.90. The 50-Day Moving Average of the stock is -24.63%, while the 200-Day Moving Average is calculated to be -25.83%.
Shares Statistics:
Over the past 3-months, WHD traded about 599.83K shares per day on average, while over the past 10 days, WHD traded about 939050 shares per day. A total of 68.15M shares are outstanding, with a floating share count of 67.55M. Insiders hold about 0.89% of the company’s shares, while institutions hold 110.52% stake in the company. Shares short for WHD as of 1740700800 were 3216225 with a Short Ratio of 5.36, compared to 1738281600 on 2927094. Therefore, it implies a Short% of Shares Outstanding of 3216225 and a Short% of Float of 5.8999999999999995.
Dividends & Splits
WHD’s forward annual dividend rate is 0.51, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.011106175The stock’s 5-year Average Dividend Yield is 1.05.