Is Cactus Stock a Good Investment?
Cactus Investment Advice | WHD |
- Examine Cactus' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Cactus' leadership team and their track record. Good management can help Cactus navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Cactus' business and its evolving consumer preferences.
- Compare Cactus' performance and market position to its competitors. Analyze how Cactus is positioned in terms of product offerings, innovation, and market share.
- Check if Cactus pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Cactus' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Cactus Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Cactus Inc is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Cactus Stock
Researching Cactus' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company outstanding shares are owned by institutional investors. The book value of Cactus was at this time reported as 15.05. The company has Price/Earnings To Growth (PEG) ratio of 0.52. Cactus Inc last dividend was issued on the 2nd of December 2024.
To determine if Cactus is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cactus' research are outlined below:
| Cactus Inc has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Cactus, Inc. Director Bruce M. Rothstein Sells 5,000 Shares |
Cactus Quarterly Cost Of Revenue |
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Cactus uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cactus Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cactus' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Cactus' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Cactus' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-05-05 | 2021-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2021-07-28 | 2021-06-30 | 0.18 | 0.16 | -0.02 | 11 | ||
2021-02-24 | 2020-12-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2022-02-28 | 2021-12-31 | 0.2 | 0.25 | 0.05 | 25 | ||
2020-04-29 | 2020-03-31 | 0.35 | 0.41 | 0.06 | 17 | ||
2023-02-22 | 2022-12-31 | 0.5 | 0.57 | 0.07 | 14 | ||
2023-05-09 | 2023-03-31 | 0.56 | 0.64 | 0.08 | 14 | ||
2022-08-04 | 2022-06-30 | 0.36 | 0.44 | 0.08 | 22 |
Know Cactus' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cactus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cactus Inc backward and forwards among themselves. Cactus' institutional investor refers to the entity that pools money to purchase Cactus' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Neuberger Berman Group Llc | 2024-06-30 | 1.7 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.5 M | Clearbridge Advisors, Llc | 2024-09-30 | 1.5 M | Capital Research & Mgmt Co - Division 3 | 2024-09-30 | 1.5 M | Van Eck Associates Corporation | 2024-06-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M | Alliancebernstein L.p. | 2024-06-30 | 1.1 M | First Trust Advisors L.p. | 2024-06-30 | 1 M | Blackrock Inc | 2024-06-30 | 10 M | Fmr Inc | 2024-09-30 | 9 M |
Cactus' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.6 B.Market Cap |
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Cactus' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.15 | 0.09 | |
| Return On Capital Employed | 0.20 | 0.23 | |
| Return On Assets | 0.11 | 0.09 | |
| Return On Equity | 0.20 | 0.21 |
Determining Cactus' profitability involves analyzing its financial statements and using various financial metrics to determine if Cactus is a good buy. For example, gross profit margin measures Cactus' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cactus' profitability and make more informed investment decisions.
Please note, the presentation of Cactus' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cactus' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cactus' management manipulating its earnings.
Evaluate Cactus' management efficiency
Cactus Inc has Return on Asset of 0.1303 % which means that on every $100 spent on assets, it made $0.1303 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2136 %, implying that it generated $0.2136 on every 100 dollars invested. Cactus' management efficiency ratios could be used to measure how well Cactus manages its routine affairs as well as how well it operates its assets and liabilities. At present, Cactus' Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Cactus' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 217.3 M, whereas Other Current Assets are forecasted to decline to about 9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.47 | 17.30 | |
| Tangible Book Value Per Share | 10.55 | 5.48 | |
| Enterprise Value Over EBITDA | 7.97 | 7.57 | |
| Price Book Value Ratio | 3.39 | 3.56 | |
| Enterprise Value Multiple | 7.97 | 7.57 | |
| Price Fair Value | 3.39 | 3.56 | |
| Enterprise Value | 1.7 B | 1 B |
Examining the leadership quality of Cactus Inc offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield 0.0075 | Forward Dividend Yield 0.0075 | Forward Dividend Rate 0.52 | Beta 1.952 |
Basic technical analysis of Cactus Stock
As of the 25th of November, Cactus shows the mean deviation of 1.95, and Risk Adjusted Performance of 0.0927. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Cactus, as well as the relationship between them. Please confirm Cactus Inc variance, as well as the relationship between the maximum drawdown and semi variance to decide if Cactus Inc is priced correctly, providing market reflects its regular price of 68.99 per share. Given that Cactus has jensen alpha of 0.0466, we suggest you to validate Cactus Inc's prevailing market performance to make sure the company can sustain itself at a future point.Cactus' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cactus insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cactus' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cactus insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cactus' Outstanding Corporate Bonds
Cactus issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cactus Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cactus bonds can be classified according to their maturity, which is the date when Cactus Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Cactus' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Cactus' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0927 | |||
| Market Risk Adjusted Performance | 0.1539 | |||
| Mean Deviation | 1.95 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.31 | |||
| Coefficient Of Variation | 896.32 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.21 | |||
| Information Ratio | 0.0628 | |||
| Jensen Alpha | 0.0466 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 0.1439 | |||
| Maximum Drawdown | 16.21 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.85 | |||
| Downside Variance | 5.33 | |||
| Semi Variance | 4.41 | |||
| Expected Short fall | (2.24) | |||
| Skewness | 0.8644 | |||
| Kurtosis | 3.9 |
| Risk Adjusted Performance | 0.0927 | |||
| Market Risk Adjusted Performance | 0.1539 | |||
| Mean Deviation | 1.95 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.31 | |||
| Coefficient Of Variation | 896.32 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.21 | |||
| Information Ratio | 0.0628 | |||
| Jensen Alpha | 0.0466 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 0.1439 | |||
| Maximum Drawdown | 16.21 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.85 | |||
| Downside Variance | 5.33 | |||
| Semi Variance | 4.41 | |||
| Expected Short fall | (2.24) | |||
| Skewness | 0.8644 | |||
| Kurtosis | 3.9 |
Consider Cactus' intraday indicators
Cactus intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cactus stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Cactus Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 5th of June 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Cactus Stock media impact
Far too much social signal, news, headlines, and media speculation about Cactus that are available to investors today. That information is available publicly through Cactus media outlets and privately through word of mouth or via Cactus internal channels. However, regardless of the origin, that massive amount of Cactus data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cactus news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cactus relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cactus' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cactus alpha.
Cactus Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Cactus can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cactus Corporate Directors
| Michael McGovern | Independent Director | Profile | |
| Alan Boyd | Director Relations | Profile | |
| Brian Small | Senior Finance Director | Profile | |
| John ODonnell | Independent Director | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Equipment & Services space 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 (0.07) | Dividend Share 0.49 | Earnings Share 2.84 | Revenue Per Share 17.195 | Quarterly Revenue Growth 0.018 |
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.
In summary, please note that there is a difference between Cactus' value and its price, as these two are different measures arrived at by various 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.