After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Cactus Inc. (WHD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.66, or 1.17%, to $57.31. The Cactus Inc. has recorded 12,717 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Cactus Announces Second Quarter 2023 Results.
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Stocks Info
WHD belongs to the Energy sector of the NYSE while operating in the Oil & Gas Equipment & Services industry. The current market capitalization of Cactus Inc. is $4.32B. A total of 0.54 million shares were traded on the day, compared to an average of 509.95K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, WHD has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 34,062 shares. Over the last 12 months, there were 28 BUYs and 23 SELLs from insiders. Insiders purchased 217,240 shares during that period but sold 116,477.
In the most recent transaction, MARSH WILLIAM D sold 2,000 shares of WHD for 55.50 per share on Sep 01. After the transaction, the GC, VP of Admin. and Secretary now owns 1,700 company shares. In a previous transaction on Aug 21, Rothstein Bruce M sold 40,000 shares at 51.01 per share. WHD shares that Director owns now total 0.
Among the insiders who sold shares, ODONNELL JOHN A disposed of 27,508 shares on Aug 21 at a per-share price of $50.95. This resulted in the Director holding 20,313 shares of WHD after the transaction. In another insider transaction, Rothstein Bruce M sold 5,000 shares at $51.01 per share on Aug 21. Company shares held by the Director now total 10,140.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Cactus Inc. pays an annual dividend of $0.48, resulting in a dividend yield of 0.85%, and it has a price to earnings (P/E) ratio of 29.19. WHD’s most recent ex-dividend date was 8/25/2023 when it declared a $0.12 quarterly dividend that was paid in cash on 9/14/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/26/2023. The WHD stock dividend was $0.11 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for WHD in the last 3 months, the mean price target is $56.89 with high estimates of $68.00 and low estimates of $46.00. In terms of 52-week highs and lows, WHD has a high of $58.30 and a low of $31.36.
As of this writing, WHD has an earnings estimate of $0.83 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.22 per share and a lower estimate of $0.61. The company reported an EPS of $0.64 in the last quarter, which was 14.30% higher than expectations of $0.56.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. WHD’s latest balance sheet shows that the firm has $301.67M in Cash & Short Term Investments as of fiscal 2021. There were $33.21M in debt and $92.57M in liabilities at the time. Its Book Value Per Share was $11.78, while its Total Shareholder’s Equity was $595.03M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.67.
