Cactus Inc (WHD) is gearing up for another turning point as it hit the volume of 0.92 million

On Tuesday, Cactus Inc (NYSE: WHD) was 0.33% up from the session before settling in for the closing price of $64.17. A 52-week range for WHD has been $37.58 – $70.01.

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 22.62%. When this article was written, the company’s average yearly earnings per share was at -3.87%. With a float of $66.07 million, this company’s outstanding shares have now reached $66.66 million.

Considering the fact that the conglomerate employs 1600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 38.0%, operating margin of 27.87%, and the pretax margin is 26.7%.

Cactus Inc (WHD) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cactus Inc stocks. The insider ownership of Cactus Inc is 0.89%, while institutional ownership is 114.39%. The most recent insider transaction that took place on Nov 19 ’24, was worth 2,609,000. In this transaction Director of this company sold 40,000 shares at a rate of $65.22, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Director sold 5,000 for $65.22, making the entire transaction worth $326,125. This insider now owns 12,177 shares in total.

Cactus Inc (WHD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -3.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.88% during the next five years compared to 10.21% growth over the previous five years of trading.

Cactus Inc (NYSE: WHD) Trading Performance Indicators

You can see what Cactus Inc (WHD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.52. Likewise, its price to free cash flow for the trailing twelve months is 16.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.82, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.17 in one year’s time.

Technical Analysis of Cactus Inc (WHD)

Compared to the last year’s volume of 0.73 million, its volume of 0.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.03%. Additionally, its Average True Range was 2.02.

During the past 100 days, Cactus Inc’s (WHD) raw stochastic average was set at 66.82%, which indicates a significant increase from 13.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.94% in the past 14 days, which was lower than the 38.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $63.69, while its 200-day Moving Average is $56.02. Nevertheless, the first resistance level for the watch stands at $65.25 in the near term. At $66.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.01. If the price goes on to break the first support level at $63.49, it is likely to go to the next support level at $62.60. Should the price break the second support level, the third support level stands at $61.73.

Cactus Inc (NYSE: WHD) Key Stats

There are 79,584K outstanding shares of the company, which has a market capitalization of 5.12 billion. As of now, sales total 1,097 M while income totals 169,170 K. Its latest quarter income was 293,180 K while its last quarter net income were 49,930 K.