Cactus Inc Stock Today

WHD Stock  USD 49.80  0.19  0.38%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Cactus is trading at 49.80 as of the 28th of March 2024, a 0.38% increase since the beginning of the trading day. The stock's lowest day price was 49.42. Cactus has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Cactus Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of January 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
8th of February 2018
Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas. Cactus Inc operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. The company has 66 M outstanding shares of which 3.42 M shares are at this time shorted by investors with about 5.31 days to cover. More on Cactus Inc

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Cactus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cactus' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cactus or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOScott Bender
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, PHLX Oil Service, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Cactus report their recommendations after researching Cactus' financial statements, talking to executives and customers, or listening in on Cactus' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cactus Inc. The Cactus consensus assessment is calculated by taking the average forecast from all of the analysts covering Cactus.
Financial Strength
Based on the key indicators related to Cactus' liquidity, profitability, solvency, and operating efficiency, Cactus Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Cactus Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.90.7205
Fairly Up
Slightly volatile
Gross Profit Margin0.260.351
Way Down
Pretty Stable
Total Current Liabilities184.4 M175.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total269.5 M282.1 M
Sufficiently Down
Pretty Stable
Total Assets790.6 M1.5 B
Way Down
Slightly volatile
Total Current Assets389.1 M556.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities357.3 M340.3 M
Sufficiently Up
Slightly volatile
Cactus' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cactus' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cactus' financial leverage. It provides some insight into what part of Cactus' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cactus' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cactus deploys its capital and how much of that capital is borrowed.
Liquidity
Cactus cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 39.97 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Cactus Inc has a current ratio of 5.13, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Cactus until it has trouble settling it off, either with new capital or with free cash flow. So, Cactus' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cactus Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cactus to invest in growth at high rates of return. When we think about Cactus' use of debt, we should always consider it together with cash and equity.

Change In Cash

(200.2 Million)
Cactus Inc (WHD) is traded on New York Stock Exchange in USA. It is located in 920 Memorial City Way, Houston, TX, United States, 77024 and employs 1,600 people. Cactus is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cactus's market, we take the total number of its shares issued and multiply it by Cactus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cactus Inc runs under Energy Equipment & Services sector within Energy industry. The entity has 66 M outstanding shares of which 3.42 M shares are at this time shorted by investors with about 5.31 days to cover. Cactus Inc has about 344.53 M in cash with 340.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.14.
Check Cactus Probability Of Bankruptcy
Ownership Allocation
Cactus Inc retains a total of 66 Million outstanding shares. The majority of Cactus Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cactus Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cactus. Please pay attention to any change in the institutional holdings of Cactus Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cactus Ownership Details

Cactus Stock Price Odds Analysis

What are Cactus' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Cactus jumping above the current price in 90 days from now is under 4%. The Cactus Inc probability density function shows the probability of Cactus stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6735. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cactus will likely underperform. Additionally, cactus Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 49.8HorizonTargetOdds Above 49.8
96.33%90 days
 49.80 
3.63%
Based on a normal probability distribution, the odds of Cactus to move above the current price in 90 days from now is under 4 (This Cactus Inc probability density function shows the probability of Cactus Stock to fall within a particular range of prices over 90 days) .

Cactus Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cactus that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cactus' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cactus' value.
InstituionRecorded OnShares
State Street Corporation2023-12-31
1.8 M
Van Eck Associates Corporation2023-12-31
1.5 M
Brown Advisory Holdings Inc2023-12-31
1.5 M
Geode Capital Management, Llc2023-12-31
1.4 M
Jennison Associates Llc2023-12-31
1.3 M
Capital Research & Mgmt Co - Division 32023-12-31
1.2 M
Alliancebernstein L.p.2023-12-31
1.1 M
Loomis, Sayles & Company Lp2023-12-31
1.1 M
Dimensional Fund Advisors, Inc.2023-12-31
M
Vanguard Group Inc2023-12-31
6.5 M
Fmr Inc2023-12-31
5.4 M
View Cactus Diagnostics

Cactus Historical Income Statement

Cactus Inc Income Statement is one of the three primary financial statements used for reporting Cactus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cactus Inc revenue and expense. Cactus Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Cactus' Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 126.4 M, whereas Interest Expense is forecasted to decline to about 7.2 M. View More Fundamentals

Cactus Stock Against Markets

Picking the right benchmark for Cactus stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cactus stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cactus is critical whether you are bullish or bearish towards Cactus Inc at a given time. Please also check how Cactus' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cactus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cactus Corporate Directors

Cactus corporate directors refer to members of a Cactus board of directors. The board of directors generally takes responsibility for the Cactus' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cactus' board members must vote for the resolution. The Cactus board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael McGovernIndependent DirectorProfile
Alan BoydDirector RelationsProfile
Brian SmallSenior Finance DirectorProfile
John ODonnellIndependent DirectorProfile

How to buy Cactus Stock?

Before investing in Cactus, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cactus. To buy Cactus stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cactus. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cactus stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cactus Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cactus Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cactus Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cactus Stock please use our How to Invest in Cactus guide.

Already Invested in Cactus Inc?

The danger of trading Cactus Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cactus is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cactus. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cactus Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Cactus Inc information on this page should be used as a complementary analysis to other Cactus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Cactus' price analysis, check to measure Cactus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cactus is operating at the current time. Most of Cactus' value examination focuses on studying past and present price action to predict the probability of Cactus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus' price. Additionally, you may evaluate how the addition of Cactus to your portfolios can decrease your overall portfolio volatility.
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Is Cactus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cactus. If investors know Cactus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cactus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.468
Dividend Share
0.46
Earnings Share
2.57
Revenue Per Share
16.97
Quarterly Revenue Growth
0.464
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cactus' market value can be influenced by many factors that don't directly affect Cactus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.