Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment. The company's principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. The company sells or rents its products for onshore unconventional oil and gas wells that are utilized during the drilling, completion, and production phases of its customers' wells. It operates 14 service centers in the United States, as well as a service center in Eastern Australia. The company was founded in 2011 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Oil & gas field machinery
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:WHD
CUSIPN/A
Phone713-626-8800
Debt
Debt-to-Equity Ratio0.03
Current Ratio3.09
Quick Ratio1.94
Price-To-Earnings
Trailing P/E Ratio0.03
Forward P/E Ratio20.80
P/E GrowthN/A
Sales & Book Value
Annual Sales$341.19 million
Price / Sales8.22
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees880
Outstanding Shares74,890,000
Market Cap$2.66 billion
Cactus (NYSE:WHD) Frequently Asked Questions
What is Cactus' stock symbol?
Cactus trades on the New York Stock Exchange (NYSE) under the ticker symbol "WHD."
How were Cactus' earnings last quarter?
Cactus Inc (NYSE:WHD) issued its quarterly earnings data on Thursday, August, 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.06. The firm had revenue of $138.54 million for the quarter, compared to the consensus estimate of $137.29 million. The business's revenue was up 69.2% compared to the same quarter last year. View Cactus' Earnings History.
When is Cactus' next earnings date?
What price target have analysts set for WHD?
11 analysts have issued twelve-month target prices for Cactus' stock. Their forecasts range from $30.00 to $42.00. On average, they expect Cactus' stock price to reach $38.1111 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View Analyst Price Targets for Cactus.
What is the consensus analysts' recommendation for Cactus?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cactus.
Are investors shorting Cactus?
Cactus saw a drop in short interest in August. As of August 15th, there was short interest totalling 694,490 shares, a drop of 39.0% from the July 31st total of 1,138,974 shares. Based on an average daily trading volume, of 605,319 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.9% of the company's stock are short sold. View Cactus' Current Options Chain.
Who are some of Cactus' key competitors?
Who are Cactus' key executives?
Cactus' management team includes the folowing people:
- Mr. Scott Bender, Pres, CEO & Director (Age 64)
- Mr. Brian Small, Chief Financial Officer (Age 61)
- Mr. Joel Bender, Sr. VP, COO, Sec. & Director (Age 59)
- Mr. Ike Smith, Chief Accounting Officer
- Mr. Stephen D. Tadlock, VP & Chief Admin. Officer
When did Cactus IPO?
(WHD) raised $374 million in an IPO on Thursday, February 8th 2018. The company issued 21,400,000 shares at a price of $16.00-$19.00 per share. Citigroup and Credit Suisse served as the underwriters for the IPO and Simmons & Company International (Energy Specialists of Piper Jaffray), J.P. Morgan, BofA Merrill Lynch, Tudor, Pickering, Holt & Barclays, RBC Capital Markets, Raymond James and Scotia Howard Weil were co-managers.
When did the company's lock-up period expire?
Cactus' lock-up period expired on Tuesday, August 7th. Cactus had issued 23,000,000 shares in its IPO on February 8th. The total size of the offering was $437,000,000 based on an initial share price of $19.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.
Has Cactus been receiving favorable news coverage?
Press coverage about WHD stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cactus earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned press coverage about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Cactus.
Who are Cactus' major shareholders?
Cactus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.11%), Jennison Associates LLC (1.57%), Millennium Management LLC (1.49%), FMR LLC (1.40%), Boston Partners (1.24%) and Waddell & Reed Financial Inc. (0.60%).
Which institutional investors are selling Cactus stock?
WHD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Boston Partners, Citadel Advisors LLC, Millennium Management LLC, American Century Companies Inc., Perella Weinberg Partners Capital Management LP, Waddell & Reed Financial Inc. and Jennison Associates LLC.
Which institutional investors are buying Cactus stock?
WHD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Public Employees Retirement Association of Colorado, Precocity Capital LP, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Wells Fargo & Company MN, Schwab Charles Investment Management Inc. and Bank of America Corp DE.
How do I buy shares of Cactus?
Shares of WHD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cactus' stock price today?
One share of WHD stock can currently be purchased for approximately $37.60.
How big of a company is Cactus?
Cactus has a market capitalization of $2.66 billion and generates $341.19 million in revenue each year. The company earns $66.54 million in net income (profit) each year or $1,258.36 on an earnings per share basis. Cactus employs 880 workers across the globe.
How can I contact Cactus?
Cactus' mailing address is 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024. The company can be reached via phone at 713-626-8800 or via email at [email protected]
MarketBeat Community Rating for Cactus (NYSE WHD)
MarketBeat's community ratings are surveys of what our community members think about Cactus and other stocks. Vote "Outperform" if you believe WHD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WHD will underperform the S&P 500 over the long term. You may vote once every thirty days.
