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NYSE:WHD

Cactus (WHD) Stock Forecast, Price & News

$50.96
-0.48 (-0.93%)
(As of 09/28/2023 ET)
Compare
Today's Range
$50.51
$51.70
50-Day Range
$47.79
$56.63
52-Week Range
$31.36
$58.30
Volume
371,979 shs
Average Volume
565,788 shs
Market Capitalization
$4.05 billion
P/E Ratio
25.23
Dividend Yield
0.94%
Price Target
$58.00

Cactus MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
13.8% Upside
$58.00 Price Target
Short Interest
Healthy
2.27% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.81
Upright™ Environmental Score
News Sentiment
-0.04mentions of Cactus in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$16.61 M Sold Last Quarter
Proj. Earnings Growth
21.15%
From $2.79 to $3.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Energy Sector

2nd out of 3 stocks

Oil & Gas Equipment & Services Industry

1st out of 2 stocks


WHD stock logo

About Cactus (NYSE:WHD) Stock

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 Price History

WHD Stock News Headlines

Are 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.
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Cactus Theater hosting classic cinema series
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Cactus' (NYSE:WHD) Dividend Will Be Increased To $0.12
Analyst Expectations for Cactus's Future
See More Headlines
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WHD Company Calendar

Last Earnings
8/07/2023
Ex-Dividend for 9/14 Dividend
8/25/2023
Dividend Payable
9/14/2023
Today
9/28/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
Sector
Energy
Fax
N/A
Employees
1,200
Year Founded
2011

Price Target and Rating

Average Stock Price Forecast
$58.00
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
+14.1%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$110.17 million
Pretax Margin
21.96%

Debt

Sales & Book Value

Annual Sales
$906.48 million
Cash Flow
$2.35 per share
Book Value
$9.36 per share

Miscellaneous

Free Float
65,355,000
Market Cap
$4.04 billion
Optionable
Optionable
Beta
2.03

Social Links

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Key Executives

  • Mr. Scott J. Bender (Age 69)
    CEO & Chairman
    Comp: $893.54k
  • Mr. Joel Bender (Age 63)
    Pres & Director
    Comp: $899.17k
  • Mr. Stephen D. TadlockMr. Stephen D. Tadlock
    Exec. VP & CFO
  • Mr. Steven Bender (Age 40)
    Chief Operating Officer
    Comp: $795.67k
  • Mr. William D. Marsh (Age 60)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $662.68k
  • Ms. Donna L. Anderson CPA (Age 50)
    Chief Accounting Officer & Corp. Controller
  • Ms. Dawn Smith
    VP of HR
  • Mr. John Fitzgerald
    Director of Corp. Devel. & Investor Relations
  • Alan Boyd
    Director of Corp. Devel. & Investor Relations













WHD Stock - Frequently Asked Questions

Should I buy or sell Cactus stock right now?

6 Wall Street equities research 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 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 forecast for 2023?

6 analysts have issued twelve-month price targets for Cactus' shares. Their WHD share price forecasts range from $48.00 to $68.00. On average, they expect the company's share price to reach $58.00 in the next year. This suggests a possible upside of 14.1% 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 start of the year. Since then, WHD stock has increased by 1.2% and is now trading at $50.84.
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) posted its earnings results on Monday, August, 7th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.15. The business earned $305.82 million during 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 quarterly revenue was up 79.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share.

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

Cactus declared a quarterly dividend on Monday, August 7th. Investors 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 dividend yield of 0.94%. The ex-dividend date is Friday, August 25th. This is an increase from the stock's previous quarterly dividend of $0.11.
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 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 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.

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 a number of institutional and retail investors. Top institutional investors 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 $50.84.

How much money does Cactus make?

Cactus (NYSE:WHD) has a market capitalization of $4.04 billion and generates $906.48 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 9/28/2023 by MarketBeat.com Staff

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