Cactus Inc. (NYSE:WHD) shares traded higher over the last trading session, gaining 3.02% on 03/10/21. The shares fell to a low of $32.00 before closing at $33.46. Intraday shares traded counted 4.77 million, which was -1229.93% lower than its 30-day average trading volume of 358.82K. WHD’s previous close was $32.48 while the outstanding shares total 47.61M. The firm has a 12-month trailing P/E ratio of 73.38, and a growth ratio of 1.99. The stock’s Relative Strength Index (RSI) is 54.41, with weekly volatility at 8.15% and ATR at 2.11. The WHD stock’s 52-week price range has touched low of $8.16 and a $39.07 high.
Investors have identified the Oil & Gas Equipment & Services company Cactus Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.37 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Cactus Inc. (WHD) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 425.14 million total, with 48.91 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.24 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WHD sounds very interesting.
Is the stock of WHD attractive?
In related news, Director, Rosenthal Gary L sold 10,000 shares of the company’s stock in a transaction that recorded on Mar 01. The sale was performed at an average price of 33.01, for a total value of 330,060. As the sale deal closes, the President and CEO, Bender Scott now sold 50,000 shares of the company’s stock, valued at 1,343,400. Also, VP, CFO and Treasurer, Tadlock Stephen sold 10,500 shares of the company’s stock in a deal that was recorded on Dec 10. The shares were price at an average price of 27.16 per share, with a total market value of 285,215. Following this completion of acquisition, the GC and VP of Administration, Isaac David John now holds 2,299 shares of the company’s stock, valued at 62,648. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
5 out of 11 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Cactus Inc.. 0 analysts has assigned a Sell rating on the WHD stock. The 12-month mean consensus price target for the company’s shares has been set at $32.32.