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

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. Investors should of course do their own research, but we spotted CACTUS INC - A showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of CACTUS INC - A

• The quarterly earnings of CACTUS INC - A have shown a 42.11% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• CACTUS INC - A has achieved significant quarter-to-quarter (Q2Q) revenue growth of 46.36%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• The 3-year EPS growth of CACTUS INC - A (62.51%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With a solid Return on Equity (ROE) of 19.55%, CACTUS INC - A exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• The Relative Strength (RS) of CACTUS INC - A has been consistently solid, with a current 79.38 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. CACTUS INC - A exhibits strong prospects for further price appreciation.
• CACTUS INC - A maintains a healthy Debt-to-Equity ratio of 0.01. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With institutional shareholders at 83.34%, CACTUS INC - A demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Deciphering the Technical Picture of NYSE:WHD

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Taking everything into account, WHD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WHD is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that WHD is one of the better performing stocks in the market, outperforming 79% of all stocks.
• WHD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WHD is lagging the market slightly.
• In the last month WHD has a been trading in the 45.26 - 51.63 range, which is quite wide. It is currently trading near the high of this range.
• WHD is part of the Energy Equipment & Services industry. There are 66 other stocks in this industry, WHD did better than 61% of them.

Check the latest full technical report of WHD for a complete technical analysis.

What is the full fundamental picture of NYSE:WHD telling us.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to WHD. WHD was compared to 66 industry peers in the Energy Equipment & Services industry. WHD gets an excellent profitability rating and is at the same time showing great financial health properties. WHD has a correct valuation and a medium growth rate. These ratings would make WHD suitable for quality investing!

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.