Cactus Inc (NYSE: WHD) on Tuesday, plunged -2.32% from the previous trading day, before settling in for the closing price of $62.94. Within the past 52 weeks, WHD’s price has moved between $37.58 and $70.01.
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Annual sales at Energy sector company grew by 22.62% over the past five years. The company achieved an average annual earnings per share of -3.87%. With a float of $66.07 million, this company’s outstanding shares have now reached $66.66 million.
Let’s look at the performance matrix of the company that is accounted for 1600 employees. 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 Updates
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. 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) Performance Highlights and Predictions
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
Cactus Inc (WHD) is currently performing well based on its current performance indicators. A quick ratio of 2.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.32. Likewise, its price to free cash flow for the trailing twelve months is 16.12.
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)
Cactus Inc (NYSE: WHD) saw its 5-day average volume 0.56 million, a negative change from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 12.25%. Additionally, its Average True Range was 1.93.
During the past 100 days, Cactus Inc’s (WHD) raw stochastic average was set at 49.73%, which indicates a significant increase from 5.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.60% in the past 14 days, which was lower than the 37.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.71, while its 200-day Moving Average is $56.45. Nevertheless, the first resistance level for the watch stands at $62.28 in the near term. At $63.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.68. If the price goes on to break the first support level at $60.88, it is likely to go to the next support level at $60.27. Assuming the price breaks the second support level, the third support level stands at $59.48.
Cactus Inc (NYSE: WHD) Key Stats
Market capitalization of the company is 4.89 billion based on 79,584K outstanding shares. Right now, sales total 1,097 M and income totals 169,170 K. The company made 293,180 K in profit during its latest quarter, and 49,930 K in sales during its previous quarter.
