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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:WHD

Cactus (WHD) Stock Price, News & Analysis

$45.33
-0.69 (-1.50%)
(As of 03/4/2024 ET)
Today's Range
$45.10
$46.17
50-Day Range
$38.09
$46.43
52-Week Range
$31.36
$57.00
Volume
606,661 shs
Average Volume
676,264 shs
Market Capitalization
$3.60 billion
P/E Ratio
17.78
Dividend Yield
1.06%
Price Target
$55.86

Cactus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
23.2% Upside
$55.86 Price Target
Short Interest
Bearish
4.76% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.81
Upright™ Environmental Score
News Sentiment
0.49mentions of Cactus in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.45%
From $3.10 to $3.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Oils/Energy Sector

81st out of 239 stocks

Oil & Gas Field Machinery Industry

6th out of 12 stocks


WHD stock logo

About Cactus Stock (NYSE:WHD)

Cactus, Inc. designs, manufactures, and sells a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. The company's principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services. The company sells or rents its products for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

WHD Stock Price History

WHD Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Cactus, Inc. (WHD) Q4 2023 Earnings Call Transcript
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Cactus (NYSE:WHD) Shares Gap Up After Earnings Beat
Cubs lose to Rockies in Cactus League action
Benchmark Co. Keeps Their Hold Rating on Cactus (WHD)
Cactus A earnings preview: what to expect
Earnings Preview: Cactus
See More Headlines
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Company Calendar

Ex-Dividend for 12/14 Dividend
11/24/2023
Dividend Payable
12/14/2023
Ex-Dividend for 3/14 Dividend
2/23/2024
Last Earnings
2/29/2024
Today
3/04/2024
Dividend Payable
3/14/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
N/A
Fax
N/A
Employees
1,600
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$55.86
High Stock Price Target
$60.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+22.9%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$169.17 million
Pretax Margin
23.92%

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$3.45 per share
Book Value
$13.40 per share

Miscellaneous

Free Float
65,355,000
Market Cap
$3.61 billion
Optionable
Optionable
Beta
1.95

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WHD Stock Analysis - Frequently Asked Questions

Should I buy or sell Cactus stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WHD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WHD, but not buy additional shares or sell existing shares.
View WHD analyst ratings
or view top-rated stocks.

What is Cactus' stock price target for 2024?

7 brokerages have issued 1-year price objectives for Cactus' stock. Their WHD share price targets range from $47.00 to $60.00. On average, they anticipate the company's share price to reach $55.86 in the next year. This suggests a possible upside of 23.2% from the stock's current price.
View analysts price targets for WHD
or view top-rated stocks among Wall Street analysts.

How have WHD shares performed in 2024?

Cactus' stock was trading at $45.40 at the beginning of 2024. Since then, WHD stock has decreased by 0.2% and is now trading at $45.33.
View the best growth stocks for 2024 here
.

When is Cactus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our WHD earnings forecast
.

How were Cactus' earnings last quarter?

Cactus, Inc. (NYSE:WHD) issued its quarterly earnings results on Thursday, February, 29th. The company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.13. The business had revenue of $274.87 million for the quarter, compared to the consensus estimate of $268.56 million. Cactus had a net margin of 15.42% and a trailing twelve-month return on equity of 22.69%. The firm's revenue for the quarter was up 46.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 earnings per share.

How often does Cactus pay dividends? What is the dividend yield for Cactus?

Cactus announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Monday, February 26th will be given a dividend of $0.12 per share on Thursday, March 14th. This represents a $0.48 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, February 23rd.
Read our dividend analysis for WHD
.

Is Cactus a good dividend stock?

Cactus (NYSE:WHD) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WHD will have a dividend payout ratio of 13.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WHD.

What is Scott Bender's approval rating as Cactus' CEO?

14 employees have rated Cactus Chief Executive Officer Scott Bender on Glassdoor.com. Scott Bender has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Cactus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cactus investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Mastercard (MA), AbbVie (ABBV), Boeing (BA) and BP (BP).

When did Cactus IPO?

(WHD) raised $374 million in an initial public offering on Thursday, February 8th 2018. The company issued 21,400,000 shares at $16.00-$19.00 per share. Citigroup and Credit Suisse acted 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.

Who are Cactus' major shareholders?

Cactus' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.21%), Clearbridge Investments LLC (2.60%), Boston Trust Walden Corp (2.44%), Brown Advisory Inc. (1.85%), Jennison Associates LLC (1.62%) and Capital International Investors (1.57%). Insiders that own company stock include Alan Semple, Cadent Energy Partners Ii Lp, David John Isaac, Donna L Anderson, Gary L Rosenthal, Joel Bender, John A Odonnell, Michael Y Mcgovern, Scott Bender, Stephen Tadlock, Steven Bender and William D Marsh.
View institutional ownership trends
.

How do I buy shares of Cactus?

Shares of WHD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cactus have any subsidiaries?
The following companies are subsidiares of Cactus: Cactus Wellhead LLC.
Read More
This page (NYSE:WHD) was last updated on 3/5/2024 by MarketBeat.com Staff