NYSE:WHD - Cactus Stock Price, Forecast & News

Cactus trades on the New York Stock Exchange (NYSE) under the ticker symbol "WHD."

Cactus announced a quarterly dividend on Tuesday, October 29th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.09 per share on Thursday, December 19th. This represents a $0.36 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Friday, November 29th. View Cactus' Dividend History.

Cactus Inc (NYSE:WHD) issued its quarterly earnings results on Wednesday, October, 30th. The company reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.03. The firm had revenue of $160.81 million for the quarter, compared to analysts' expectations of $159.80 million. Cactus had a return on equity of 30.14% and a net margin of 13.45%. View Cactus' Earnings History.

Cactus is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Cactus.

9 analysts have issued 12 month target prices for Cactus' shares. Their forecasts range from $33.00 to $45.00. On average, they expect Cactus' stock price to reach $37.89 in the next year. This suggests a possible upside of 21.2% from the stock's current price. View Analyst Price Targets for Cactus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cactus.

Press coverage about WHD stock has been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cactus earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Cactus.

Cactus saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,680,000 shares, a decline of 7.2% from the October 31st total of 1,810,000 shares. Based on an average trading volume of 482,500 shares, the short-interest ratio is currently 3.5 days. Approximately 3.6% of the company's stock are sold short. View Cactus' Current Options Chain.

Some companies that are related to Cactus include National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), NOW (DNOW), Oil States International (OIS), Solaris Oilfield Infrastructure (SOI), Newpark Resources (NR), Forum Energy Technologies (FET), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cactus investors own include NVIDIA (NVDA), Alibaba Group (BABA), CVS Health (CVS), Home Depot (HD), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), Walt Disney (DIS), UnitedHealth Group (UNH) and Verizon Communications (VZ).

(WHD) raised $374 million in an initial public offering 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.

Cactus' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.43%), TimesSquare Capital Management LLC (1.31%), Teacher Retirement System of Texas (1.15%), Boston Partners (1.03%), Chartwell Investment Partners LLC (0.55%) and Eagle Asset Management Inc. (0.39%). Company insiders that own Cactus stock include Alan Semple, Joel Bender and Steven Bender. View Institutional Ownership Trends for Cactus.

WHD stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Boston Partners, Viking Fund Management LLC, TimesSquare Capital Management LLC, First Trust Advisors LP, State Street Corp and Massachusetts Financial Services Co. MA. Company insiders that have sold Cactus company stock in the last year include Alan Semple, Joel Bender and Steven Bender. View Insider Buying and Selling for Cactus.

WHD stock was purchased by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Peregrine Capital Management LLC, Teacher Retirement System of Texas, Chartwell Investment Partners LLC, Eagle Asset Management Inc., California Public Employees Retirement System, Envestnet Asset Management Inc. and Squarepoint Ops LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of WHD stock can currently be purchased for approximately $31.27.

Cactus has a market capitalization of $2.35 billion and generates $544.14 million in revenue each year. The company earns $65.33 million in net income (profit) each year or $1.78 on an earnings per share basis. Cactus employs 1,200 workers across the globe.View Additional Information About Cactus.

The official website for Cactus is http://cactuswellhead.com/.

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]