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After finishing at $57.19 in the prior trading day, Cactus Inc (NYSE: WHD) closed at $52.08, down -8.94%. In other words, the price has decreased by -$8.94 from its previous closing price. On the day, 1.24 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 12.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.97. 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 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 18.84, and their Forward P/E ratio for the next fiscal year is 15.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 3.46.
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 $44.57. The 50-Day Moving Average of the stock is -13.19%, while the 200-Day Moving Average is calculated to be -11.44%.
Shares Statistics:
A total of 66.66M shares are outstanding, with a floating share count of 66.07M. Insiders hold about 0.89% of the company’s shares, while institutions hold 112.99% stake in the company.
