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Sunday, April 2, 2023

Analyst Expects Cactus Inc. (NYSE: WHD) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Cactus Inc. (WHD) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.04%, to $48.42. The Cactus Inc. has recorded 150,366 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Cactus Completes Previously Announced Acquisition of FlexSteel.

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Stocks Info

As a NYSE listed company, WHD falls under the Energy sector while operating within the Oil & Gas Equipment & Services industry segment. At the end of the last regular session, the stock closed at $48.44 and fluctuated between $48.94 as its day high and $47.56 as its day low. The current market capitalization of Cactus Inc. is $3.87B. A total of 0.51 million shares were traded on the day, compared to an average of 489.90K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WHD has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 2,212 and the disposition of 871 shares. Over the last 12 months, there were 30 BUYs and 51 SELLs from insiders. Insiders purchased 2,189,495 shares during that period but sold 2,234,017.

In the most recent transaction, Bender Scott sold 562,336 shares of WHD for 54.04 per share on Jun 07. After the transaction, the President and CEO now owns 50,464 company shares. In a previous transaction on Jun 07, Bender Joel sold 542,336 shares at 54.00 per share. WHD shares that Senior VP & COO owns now total 68,604.

Among the insiders who sold shares, Bender Scott disposed of 24,680 shares on May 27 at a per-share price of $52.87. This resulted in the President and CEO holding 612,800 shares of WHD after the transaction. In another insider transaction, Bender Steven sold 20,259 shares at $52.72 per share on May 26. Company shares held by the VP of Operations now total 47,620.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cactus Inc. pays an annual dividend of $0.44, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 26.94. WHD’s most recent ex-dividend date was 2/24/2023 when it declared a $0.11 quarterly dividend that was paid in cash on 3/16/2023. Previously, the company paid the dividend on 12/15/2022 with an ex-dividend date of 11/25/2022. The WHD stock dividend was $0.11 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WHD in the last 3 months, the mean price target is $54.63 with high estimates of $68.00 and low estimates of $42.00. In terms of 52-week highs and lows, WHD has a high of $64.18 and a low of $34.70.

As of this writing, WHD has an earnings estimate of $0.5 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.54 per share and a lower estimate of $0.39. The company reported an EPS of $0.44 in the last quarter, which was 25.70% higher than expectations of $0.35.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WHD is Overweight with a score of 3.40. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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