Demystifying Cactus: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Cactus Inc (NYSE:WHD) has received mixed analyst ratings over the past three months, with the latest evaluations showing a shift towards a more bullish stance. The average 12-month price target for WHD has decreased by 6.01% to $54.75, with a high estimate of $60.00 and a low of $47.00. Analysts from Stifel, Barclays, Piper Sandler, and B of A Securities have adjusted their price targets and ratings, reflecting their views on the company's market conditions and performance. Cactus's financials indicate strong growth, profitability, and efficient asset and equity management, with a revenue growth rate of 56.04%, a net margin of 18.27%, an ROE of 6.65%, and an ROA of 3.58%. The company's debt-to-equity ratio is also below industry average at 0.04.
January 03, 2024 | 9:01 pm
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NEUTRAL IMPACT
Cactus Inc has seen a recent bullish shift in analyst ratings, though the average price target has decreased. The company's strong financial performance may counterbalance the lowered price targets.
While the average price target for WHD has decreased, indicating potential downside, the recent bullish ratings and strong financial indicators such as high revenue growth, net margin, ROE, and ROA, along with a low debt-to-equity ratio, suggest a stable to positive outlook for the stock in the short term. The mixed signals from analysts and the company's financial strength create uncertainty, hence a neutral score is given.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100