Cactus Inc (NYSE: WHD) is -31.97% lower on its value in year-to-date trading and has touched a low of $33.80 and a high of $70.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WHD stock was last observed hovering at around $37.94 in the last trading session, with the day’s gains setting it 1.76%.
Currently trading at $39.70, the stock is 5.19% and -10.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing 4.64% at the moment leaves the stock -30.23% off its SMA200. WHD registered -24.35% loss for a year compared to 6-month loss of -31.06%. The firm has a 50-day simple moving average (SMA 50) of $44.417 and a 200-day simple moving average (SMA200) of $56.90285.
The stock witnessed a -14.31% gain in the last 1 month and extending the period to 3 months gives it a -34.26%, and is 2.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.46% over the week and 6.57% over the month.
Cactus Inc (WHD) has around 1600 employees, a market worth around $3.17B and $1.13B in sales. Current P/E ratio is 14.34 and Fwd P/E is 13.39. Profit margin for the company is 16.41%. Distance from 52-week low is 17.46% and -43.29% from its 52-week high. The company has generated returns on investments over the last 12 months (16.83%).
with sales reaching $279.4M over the same period.The EPS is expected to shrink by -10.64% this year, but quarterly earnings will post -1.54% year-over-year. Quarterly sales are estimated to shrink -3.78% in year-over-year returns.
423.0 institutions hold shares in Cactus Inc (WHD), with institutional investors hold 110.92% of the company’s shares. The shares outstanding are 68.15M, and float is at 67.56M with Short Float at 4.89%. Institutions hold 109.93% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.04 million shares valued at $529.43 million. The investor’s holdings represent 15.1773 of the WHD Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 9.86 million shares valued at $519.8 million to account for 14.9012 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.47 million shares representing 11.2876 and valued at over $393.75 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 4.827 of the shares totaling 3.19 million with a market value of $168.38 million.
Cactus Inc (WHD) Insider Activity
The most recent transaction is an insider sale by Rothstein Bruce M, the company’s Director. SEC filings show that Rothstein Bruce M sold 40,000 shares of the company’s common stock on Nov 19 ’24 at a price of $65.22 per share for a total of $2.61 million. Following the sale, the insider now owns 0.0 shares.
Cactus Inc disclosed in a document filed with the SEC on Nov 19 ’24 that Rothstein Bruce M (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 19 ’24 and was made at $65.22 per share for $0.33 million. Following the transaction, the insider now directly holds 12177.0 shares of the WHD stock.
Still, SEC filings show that on Nov 19 ’24, Rothstein Bruce M (Director) Proposed Sale 45,000 shares at an average price of $65.22 for $2.94 million. The insider now directly holds shares of Cactus Inc (WHD).
