Cactus Stock Target Price and Analyst Consensus
WHD Stock | USD 52.58 1.35 2.64% |
The current analyst and expert consensus on Cactus is Buy with 5 hold recommendations. The current projected Cactus target price consensus is 58.00 with 10 analyst opinions. One of the most common ways Cactus Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Cactus vendors, executives, and/or customers. Cactus recommendation module provides expert sentiment on the projected Cactus Inc target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Cactus to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 52.78 | Highest Forecast 64.38 | Target Price 58 |
Cactus |
It's important to approach Cactus' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Cactus price targets
Cactus' stock target price is an estimate of its future price, usually made by analysts. Using Cactus' target price to determine if it is a suitable investment can be done through the following steps:- Look at Cactus' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cactus' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Cactus Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cactus is a key component of Cactus valuation and have some predictive power on the future returns of a Cactus.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cactus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Social Domain Invested a lot of shares | ||
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Check out Macroaxis Advice on Cactus to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Cactus Inc information on this page should be used as a complementary analysis to other Cactus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Cactus Stock analysis
When running Cactus' price analysis, check to measure Cactus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cactus is operating at the current time. Most of Cactus' value examination focuses on studying past and present price action to predict the probability of Cactus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus' price. Additionally, you may evaluate how the addition of Cactus to your portfolios can decrease your overall portfolio volatility.
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The data published in Cactus' official financial statements usually reflect Cactus' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cactus Inc. For example, before you start analyzing numbers published by Cactus accountants, it's critical to develop an understanding of what Cactus' liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
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. Whatever the case, the imprecision that can be found in Cactus' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cactus Inc. Please utilize our Beneish M Score to check the likelihood of Cactus' management manipulating its earnings.