News Image

Exploring the Growth Potential of NYSE:WHD as It Nears a Breakout.

By Mill Chart

Last update: Jan 23, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if CACTUS INC - A (NYSE:WHD) is suited for growth investing, while it is forming a base and may be ready to breakout. Investors should of course do their own research, but we spotted CACTUS INC - A showing up in our growth with base formation screen, so it may be worth spending some more time on it.

Understanding NYSE:WHD's Growth Score

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:WHD boasts a 9 out of 10:

  • The Earnings Per Share has grown by an impressive 88.74% over the past year.
  • The Earnings Per Share has been growing by 10.10% on average over the past years. This is quite good.
  • Looking at the last year, WHD shows a very strong growth in Revenue. The Revenue has grown by 60.17%.
  • WHD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.07% yearly.
  • The Earnings Per Share is expected to grow by 27.96% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, WHD will show a very strong growth in Revenue. The Revenue will grow by 23.23% on average per year.
  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

How We Gauge Health for NYSE:WHD

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:WHD has achieved a 7 out of 10:

  • WHD has an Altman-Z score of 4.73. This indicates that WHD is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 4.73, WHD belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
  • The Debt to FCF ratio of WHD is 0.07, which is an excellent value as it means it would take WHD, only 0.07 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of WHD (0.07) is better than 92.31% of its industry peers.
  • WHD has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
  • WHD has a better Debt to Equity ratio (0.01) than 86.15% of its industry peers.
  • WHD has a Current Ratio of 2.78. This indicates that WHD is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.78, WHD is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
  • WHD has a Quick ratio of 1.63. This is in the better half of the industry: WHD outperforms 61.54% of its industry peers.

A Closer Look at Profitability for NYSE:WHD

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:WHD, the assigned 8 is a significant indicator of profitability:

  • WHD's Return On Assets of 10.33% is amongst the best of the industry. WHD outperforms 89.23% of its industry peers.
  • The Return On Equity of WHD (18.43%) is better than 81.54% of its industry peers.
  • WHD has a Return On Invested Capital of 15.64%. This is amongst the best in the industry. WHD outperforms 87.69% of its industry peers.
  • The last Return On Invested Capital (15.64%) for WHD is above the 3 year average (10.11%), which is a sign of increasing profitability.
  • With an excellent Profit Margin value of 14.98%, WHD belongs to the best of the industry, outperforming 89.23% of the companies in the same industry.
  • WHD's Operating Margin of 23.17% is amongst the best of the industry. WHD outperforms 90.77% of its industry peers.
  • WHD's Gross Margin of 36.39% is fine compared to the rest of the industry. WHD outperforms 67.69% of its industry peers.

How does the Setup look for NYSE:WHD

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:WHD is 7:

WHD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WHD in the last couple of days, which is a good sign.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of WHD

For an up to date full technical analysis you can check the technical report of WHD

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

CACTUS INC - A

NYSE:WHD (4/22/2024, 7:04:00 PM)

After market: 51.23 0 (0%)

51.23

+0.65 (+1.29%)

WHD News

News Image4 days ago - InvestorPlace3 Under-the-Radar Stocks Peter Lynch Would Love

Out of sight doesn't mean these Peter Lynch stocks should be out of mind for investings looking to profit from their potential.

News Image7 days ago - Cactus, Inc.Cactus Announces Timing of First Quarter 2024 Earnings Release and Conference Call
News Image18 days ago - ChartmillExploring growth characteristics of CACTUS INC - A (NYSE:WHD).

Exploring growth characteristics of CACTUS INC - A (NYSE:WHD).

News Image2 months ago - Seeking AlphaCactus Non-GAAP EPS of $0.81 beats by $0.13, revenue of $274.9M beats by $6.49M (NYSE:WHD)

Cactus (WHD) surpasses expectations with Q4 results, reporting a Non-GAAP EPS of $0.81, beating estimates by $0.13, and revenue of $274.9M, exceeding...

News Image2 months ago - Cactus, Inc.Cactus Announces Fourth Quarter and Full Year 2023 Results
News Image3 months ago - Cactus, Inc.Cactus Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
News Image3 months ago - Cactus, Inc.Cactus Announces Quarterly Cash Dividend
News Image3 months ago - Market News VideoFirst Week of February 16th Options Trading For Cactus (WHD)
News Image3 months ago - Seeking AlphaOilfield services names cut at Benchmark as momentum favors international, offshore

Benchmark downgrades six oilfield services stocks to Hold from Buy, citing expected range-bound crude oil prices and lower drilling U.S. activity in 2024.

WHD Links
Follow us for more