Cactus Stock Drops 23% Despite Strong Financials and Growth Prospects
• Cactus' (NYSEWHD) share price has dropped 23% in 3 months despite attractive financial prospects • Return on Equity (ROE) measures how efficiently a company generates profits; Cactus' ROE is 19% • Cactus' earnings growth rate of 12% over 5 years is decent but lower than the industry average of 23% • Cactus reinvests 65% of its profits at an efficient rate, supporting its dividend and earnings growth • Cactus is trading 23.5% below estimated fair value, with expected earnings growth of 23.8% per year