WHD Cactus Inc

This article from Stock Traders Daily provides an AI-generated analysis of Cactus Inc. Class A (NYSE: WHD), focusing on volatility zones as tactical triggers. It details near-term sentiment, broader alignment, and offers three distinct institutional trading strategies—Position, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis for support and resistance levels. The analysis aims to help traders optimize position sizing and manage risk.

Cactus, Inc. (NYSE:WHD) has received an average "Hold" rating from seven analysts, with a consensus 12-month price target of $50.20. Despite recent upgrades from Citigroup and others, leading to a "buy" from some, the majority maintain a "hold" position. The company recently reported Q3 earnings of $0.67 per share, beating estimates, but revenue was down 10% year-over-year.

This article analyzes Cactus Inc. Class A (NYSE: WHD), highlighting strong near and mid-term sentiment but a weak long-term outlook with elevated downside risk. It presents three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored to different risk profiles, along with multi-timeframe signal analysis for support and resistance levels. The analysis aims to provide institutional-grade insights and real-time trading signals for WHD.

Norges Bank has initiated a new position in Cactus, Inc. (NYSE:WHD), purchasing 54,533 shares valued at approximately $2.38 million. This acquisition represents about 0.07% of the company, following a quarter where Cactus surpassed EPS and revenue estimates, reporting $0.67 EPS against an expected $0.58. The company also declared a quarterly dividend of $0.14, reinforcing its investor appeal despite a 10% year-over-year decline in revenue.

Gabelli Funds LLC has acquired a new stake of 61,377 shares in Cactus, Inc. (NYSE:WHD) during the second quarter, valued at approximately $2.683 million. The company reported strong Q2 earnings, beating EPS estimates, and declared a quarterly dividend. Wall Street analysts maintain a "Hold" rating with an average price target of $47.75, though some have adjusted their targets.

First Trust Advisors LP increased its stake in Cactus, Inc. (NYSE:WHD) by 5.2% in the second quarter, acquiring 66,591 additional shares and now holding 1,349,868 shares valued at $59 million. The company reported strong Q2 earnings, beating analyst estimates with an EPS of $0.67 and revenue of $263.95 million. Analysts maintain a consensus "Hold" rating for Cactus, with an average target price of $47.75.