Financial Review: Cactus (NYSE:WHD) versus Ranger Energy Services (NYSE:RNGR)

Cactus (NYSE:WHDGet Free Report) and Ranger Energy Services (NYSE:RNGRGet Free Report) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership.

Profitability

This table compares Cactus and Ranger Energy Services’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Cactus 6.01% 16.66% 10.81%
Ranger Energy Services 2.36% 4.87% 3.33%

Analyst Ratings

This is a breakdown of current ratings and price targets for Cactus and Ranger Energy Services, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cactus 0 4 3 0 2.43
Ranger Energy Services 0 2 1 0 2.33

Cactus presently has a consensus target price of $66.80, indicating a potential downside of 4.16%. Ranger Energy Services has a consensus target price of $20.00, indicating a potential upside of 16.69%. Given Ranger Energy Services’ higher probable upside, analysts plainly believe Ranger Energy Services is more favorable than Cactus.

Risk and Volatility

Cactus has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500. Comparatively, Ranger Energy Services has a beta of 0.12, indicating that its stock price is 88% less volatile than the S&P 500.

Insider and Institutional Ownership

85.1% of Cactus shares are held by institutional investors. Comparatively, 68.1% of Ranger Energy Services shares are held by institutional investors. 12.9% of Cactus shares are held by company insiders. Comparatively, 2.8% of Ranger Energy Services shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Dividends

Cactus pays an annual dividend of $0.56 per share and has a dividend yield of 0.8%. Ranger Energy Services pays an annual dividend of $0.24 per share and has a dividend yield of 1.4%. Cactus pays out 47.9% of its earnings in the form of a dividend. Ranger Energy Services pays out 40.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cactus has increased its dividend for 4 consecutive years and Ranger Energy Services has increased its dividend for 2 consecutive years. Ranger Energy Services is clearly the better dividend stock, given its higher yield and lower payout ratio.

Valuation & Earnings

This table compares Cactus and Ranger Energy Services”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Cactus $1.08 billion 5.18 $166.01 million $1.17 59.57
Ranger Energy Services $606.70 million 0.66 $12.30 million $0.60 28.57

Cactus has higher revenue and earnings than Ranger Energy Services. Ranger Energy Services is trading at a lower price-to-earnings ratio than Cactus, indicating that it is currently the more affordable of the two stocks.

Summary

Cactus beats Ranger Energy Services on 14 of the 17 factors compared between the two stocks.

About Cactus

(Get Free Report)

Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. This segment also provides field services to install, maintain, and handle the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand name. Its products are primarily used to transport oil, gas, and other liquids. This segment also provides field services and rental items through service centers and pipe yards, as well as offers equipment and services internationally. In addition, the company offers repair and refurbishment services. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

About Ranger Energy Services

(Get Free Report)

Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 402 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services that are used primarily for pump down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 66 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2017 and is headquartered in Houston, Texas.

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