S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Stock market today: Global markets are mixed as Middle East tensions escalate
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The IRS is quicker to answer the phone on this Tax Day
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Stock market today: Global markets are mixed as Middle East tensions escalate
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The IRS is quicker to answer the phone on this Tax Day
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Stock market today: Global markets are mixed as Middle East tensions escalate
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The IRS is quicker to answer the phone on this Tax Day
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Stock market today: Global markets are mixed as Middle East tensions escalate
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The IRS is quicker to answer the phone on this Tax Day
NYSE:WHD

Cactus (WHD) Stock Price, News & Analysis

$50.93
-1.32 (-2.53%)
(As of 04/12/2024 08:52 PM ET)
Today's Range
$50.47
$53.09
50-Day Range
$40.99
$52.25
52-Week Range
$31.36
$57.00
Volume
518,300 shs
Average Volume
620,342 shs
Market Capitalization
$4.04 billion
P/E Ratio
19.97
Dividend Yield
0.94%
Price Target
$55.86

Cactus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
9.7% Upside
$55.86 Price Target
Short Interest
Bearish
4.67% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.81
Upright™ Environmental Score
News Sentiment
0.48mentions of Cactus in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$3.65 M Sold Last Quarter
Proj. Earnings Growth
20.72%
From $3.04 to $3.67 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.

2.72 out of 5 stars

Oils/Energy Sector

140th out of 246 stocks

Oil & Gas Field Machinery Industry

10th out of 13 stocks

WHD stock logo

About Cactus Stock (NYSE:WHD)

Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. This segment also provides field services to install, maintain, and handle the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand name. Its products are primarily used to transport oil, gas, and other liquids. This segment also provides field services and rental items through service centers and pipe yards, as well as offers equipment and services internationally. In addition, the company offers repair and refurbishment services. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

WHD Stock Price History

WHD Stock News Headlines

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WHD Apr 2024 50.000 call
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See More Headlines
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Company Calendar

Ex-Dividend for 3/14 Dividend
2/23/2024
Last Earnings
2/29/2024
Dividend Payable
3/14/2024
Today
4/14/2024
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
+9.7%
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
$3.49 per share
Book Value
$13.40 per share

Miscellaneous

Free Float
65,295,000
Market Cap
$4.04 billion
Optionable
Optionable
Beta
1.96

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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 Wall Street analysts have issued 12 month target prices for Cactus' stock. Their WHD share price targets range from $47.00 to $60.00. On average, they expect the company's share price to reach $55.86 in the next year. This suggests a possible upside of 9.7% 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 the year. Since then, WHD stock has increased by 12.2% and is now trading at $50.93.
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) posted its quarterly earnings data on Thursday, February, 29th. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.68 by $0.13. The firm had revenue of $274.87 million for the quarter, compared to analysts' expectations of $268.56 million. Cactus had a trailing twelve-month return on equity of 22.69% and a net margin of 15.42%. The company's revenue for the quarter was up 46.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.57 earnings per share.

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

Cactus declared a quarterly dividend on Tuesday, January 23rd. Investors 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 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date 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 0.94%. 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 13.08% 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?

Cactus (WHD) raised $374 million in an IPO on Thursday, February 8th 2018. The company issued 21,400,000 shares at $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.

Who are Cactus' major shareholders?

Cactus' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.22%), Bridge City Capital LLC (0.09%), FCF Advisors LLC (0.02%), Southland Equity Partners LLC (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Alan Semple, 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 4/15/2024 by MarketBeat.com Staff

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