NYSE:WHD Cactus (WHD) Stock Forecast, Price & News $49.73 -0.27 (-0.54%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$49.06▼$50.0250-Day Range$47.79▼$56.6352-Week Range$31.36▼$58.30Volume511,688 shsAverage Volume567,284 shsMarket Capitalization$3.95 billionP/E Ratio24.62Dividend Yield0.97%Price Target$58.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Cactus MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside16.6% Upside$58.00 Price TargetShort InterestHealthy2.25% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.81Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$16.61 M Sold Last QuarterProj. Earnings Growth21.15%From $2.79 to $3.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsOils/Energy Sector64th out of 238 stocksOil & Gas Field Machinery Industry4th out of 11 stocks 3.1 Analyst's Opinion Consensus RatingCactus has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.00, Cactus has a forecasted upside of 16.6% from its current price of $49.73.Amount of Analyst CoverageCactus has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.25% of the outstanding shares of Cactus have been sold short.Short Interest Ratio / Days to CoverCactus has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cactus has recently decreased by 12.25%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldCactus has a dividend yield of 0.98%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCactus has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cactus is 23.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cactus will have a dividend payout ratio of 14.20% next year. This indicates that Cactus will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCactus has received a -129.83% net impact score from Upright. The largest negative impact of Cactus in category "GHG emissions" is driven by its "Natural gas drilling machinery", "Oil drilling machinery", and "Oil well integrity equipment" products. See details.Environmental SustainabilityThe Environmental Impact score for Cactus is -5.81. Previous Next 1.6 News and Social Media Coverage News SentimentCactus has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Cactus this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for WHD on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows4 people have added Cactus to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cactus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,614,715.00 in company stock.Percentage Held by Insiders17.72% of the stock of Cactus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions85.11% of the stock of Cactus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cactus are expected to grow by 21.15% in the coming year, from $2.79 to $3.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cactus is 24.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Cactus is 24.62, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.99.Price to Earnings Growth RatioCactus has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCactus has a P/B Ratio of 5.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cactus (NYSE:WHD) StockCactus, 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.Read More WHD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WHD Stock News HeadlinesAugust 30, 2023 | marketbeat.comAre Mid-Caps Tidewater And Cactus Among New Energy Leaders? (WHD)Mid-cap energy stocks Tidewater and Cactus show technical strength as large energy names also rally. Analysts are bullish on the price potential for both.September 24, 2023 | seekingalpha.comCactus, Inc.: Concerns Regarding Future U.S. Oil Rig DemandSeptember 27, 2023 | Stansberry Research (Ad)Experts: NVIDIA Now "Too Big to Succeed"Several of the market’s top analysts are sounding the alarm that NVIDIA’s share price may have reached its breaking point.September 18, 2023 | americanbankingnews.comQ1 2025 EPS Estimates for Cactus, Inc. Lowered by Zacks Research (NYSE:WHD)September 12, 2023 | finance.yahoo.comInsider Sell: Steven Bender Sells 19,362 Shares of Cactus IncSeptember 12, 2023 | msn.comCactus Inc. COO Bender Steven sells $1.07M in stockSeptember 7, 2023 | yahoo.comCactus Theater hosting classic cinema seriesSeptember 1, 2023 | msn.comDPS: SUV strikes, kills man trying to avoid crash near CactusSeptember 27, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 31, 2023 | msn.comCactus Inc - (WHD) Price Target Increased by 9.64% to 58.03August 29, 2023 | msn.comHere's Why Cactus, Inc. (WHD) is a Strong Growth StockAugust 28, 2023 | msn.comBaker Hughes Rival Expected To Hit $1 Billion In Sales For The First TimeAugust 27, 2023 | msn.comThis week's Amarillo community news includes Cactus Cares, AFD, BucknerAugust 26, 2023 | msn.comSee this Cactus and Succulent Show at the ABQ BioParkAugust 26, 2023 | msn.com2023 Cactus League: The economic impact by the numbersAugust 25, 2023 | bizjournals.comCactus League 2023 economic impact numbers surge in ArizonaAugust 23, 2023 | yahoo.comErewhon Market and Cactus Plant Flea Market Collaborate on Smoothie for Maui ReliefAugust 14, 2023 | msn.comPiper Sandler Maintains Cactus Inc - (WHD) Neutral RecommendationAugust 13, 2023 | finance.yahoo.comCactus' (NYSE:WHD) Dividend Will Be Increased To $0.12August 11, 2023 | finance.yahoo.comWhy Cactus, Inc. (WHD) is a Top Growth Stock for the Long-TermAugust 11, 2023 | msn.comBarclays Maintains Cactus Inc - (WHD) Equal-Weight RecommendationAugust 10, 2023 | markets.businessinsider.comAnalyst Expectations for Cactus's FutureAugust 8, 2023 | msn.comCactus (WHD) Q2 Earnings Beat Estimates, Revenues Rise Y/YAugust 7, 2023 | msn.comCactus man dead after drowning at Lake MeredithAugust 7, 2023 | msn.comCactus, Inc. (WHD) Q2 Earnings and Revenues Surpass EstimatesAugust 4, 2023 | usnews.comAHA News: Get Past Its Spines and Reap Health Benefits From the Prickly Pear CactusAugust 4, 2023 | benzinga.comEarnings Outlook For CactusSee More Headlines Receive WHD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cactus and its competitors with MarketBeat's FREE daily newsletter. Email Address WHD Company Calendar Last Earnings8/07/2023Ex-Dividend for 9/14 Dividend8/25/2023Dividend Payable9/14/2023Today9/27/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:WHD CUSIPN/A CIK1699136 Webcactuswellhead.com Phone(713) 626-8800FaxN/AEmployees1,200Year Founded2011Price Target and Rating Average Stock Price Forecast$58.00 High Stock Price Forecast$68.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside+16.6%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio24.62 Forward P/E Ratio17.82 P/E Growth3.01Net Income$110.17 million Net Margins14.35% Pretax Margin21.96% Return on Equity22.22% Return on Assets13.92% Debt Debt-to-Equity Ratio0.04 Current Ratio2.76 Quick Ratio1.60 Sales & Book Value Annual Sales$688.37 million Price / Sales5.74 Cash Flow$2.34 per share Price / Cash Flow21.21 Book Value$9.36 per share Price / Book5.31Miscellaneous Outstanding Shares79,430,000Free Float65,355,000Market Cap$3.95 billion OptionableOptionable Beta2.03 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Scott J. Bender (Age 69)CEO & Chairman Comp: $893.54kMr. Joel Bender (Age 63)Pres & Director Comp: $899.17kMr. Stephen D. TadlockExec. VP & CFOMr. Steven Bender (Age 40)Chief Operating Officer Comp: $795.67kMr. William D. Marsh (Age 60)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $662.68kMs. Donna L. Anderson CPA (Age 50)Chief Accounting Officer & Corp. Controller Mr. John FitzgeraldDirector of Corp. Devel. & Investor RelationsAlan BoydDirector of Corp. Devel. & Investor RelationsMore ExecutivesKey CompetitorsWeatherford InternationalNASDAQ:WFRDTechnipFMCNYSE:FTIFluence EnergyNASDAQ:FLNCUltrapar ParticipaçõesNYSE:UGPCalifornia ResourcesNYSE:CRCView All CompetitorsInsiders & InstitutionsBarclays PLCSold 10,403 shares on 9/21/2023Ownership: 0.031%Joel BenderSold 141,300 sharesTotal: $7.83 M ($55.41/share)Steven BenderSold 19,362 sharesTotal: $1.07 M ($55.06/share)Scott BenderSold 108,700 sharesTotal: $6.11 M ($56.18/share)Portside Wealth Group LLCBought 68,420 shares on 9/1/2023Ownership: 0.086%View All Insider TransactionsView All Institutional Transactions WHD Stock - Frequently Asked Questions Should I buy or sell Cactus stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023? 6 Wall Street analysts have issued 12 month price objectives for Cactus' shares. Their WHD share price forecasts range from $48.00 to $68.00. On average, they anticipate the company's stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 16.6% 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 2023? Cactus' stock was trading at $50.26 at the beginning of the year. Since then, WHD shares have decreased by 1.1% and is now trading at $49.73. View the best growth stocks for 2023 here. When is Cactus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. View our WHD earnings forecast. How were Cactus' earnings last quarter? Cactus, Inc. (NYSE:WHD) issued its quarterly earnings data on Monday, August, 7th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.15. The firm had revenue of $305.82 million for the quarter, compared to analysts' expectations of $297.99 million. Cactus had a trailing twelve-month return on equity of 22.22% and a net margin of 14.35%. The firm's revenue was up 79.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 EPS. How often does Cactus pay dividends? What is the dividend yield for Cactus? Cactus declared a quarterly dividend on Monday, August 7th. Shareholders of record on Monday, August 28th will be given a dividend of $0.12 per share on Thursday, September 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Friday, August 25th. This is a positive change from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for WHD. What ETFs hold Cactus' stock? ETFs with the largest weight of Cactus (NYSE:WHD) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), Invesco Oil & Gas Services ETF (PXJ), BNY Mellon Innovators ETF (BKIV), iShares U.S. Oil Equipment & Services ETF (IEZ), Direxion Daily Oil Services Bull 2X Shares (ONG), American CenturyFocused Dynamic Growth ETF (FDG) and Royce Quant Small-Cap Quality Value ETF (SQLV). 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 0.98%. 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 23.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WHD will have a dividend payout ratio of 14.20% 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 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. What is Cactus' stock symbol? Cactus trades on the New York Stock Exchange (NYSE) under the ticker symbol "WHD." Who are Cactus' major shareholders? Cactus' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.79%), Bank of New York Mellon Corp (3.35%), JPMorgan Chase & Co. (2.87%), Clearbridge Investments LLC (2.64%), Boston Trust Walden Corp (2.48%) and Van ECK Associates Corp (2.42%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cactus' stock price today? One share of WHD stock can currently be purchased for approximately $49.73. How much money does Cactus make? Cactus (NYSE:WHD) has a market capitalization of $3.95 billion and generates $688.37 million in revenue each year. The company earns $110.17 million in net income (profit) each year or $2.02 on an earnings per share basis. How many employees does Cactus have? The company employs 1,200 workers across the globe. Does Cactus have any subsidiaries? The following companies are subsidiares of Cactus: Cactus Wellhead LLC.Read More How can I contact Cactus? Cactus' mailing address is 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024. The official website for the company is cactuswellhead.com. The company can be reached via phone at (713) 626-8800 or via email at ir@cactuswhd.com. This page (NYSE:WHD) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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