NYSE:WHD

Cactus (WHD) Stock Price, News & Analysis

$51.22
+0.64 (+1.27%)
(As of 04/22/2024 ET)
Today's Range
$49.67
$51.55
50-Day Range
$42.82
$52.25
52-Week Range
$31.36
$57.00
Volume
643,968 shs
Average Volume
463,354 shs
Market Capitalization
$4.06 billion
P/E Ratio
20.09
Dividend Yield
0.94%
Price Target
$55.29

Cactus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
7.9% Upside
$55.29 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
0.70mentions of Cactus in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$3.65 M Sold Last Quarter
Proj. Earnings Growth
19.86%
From $2.87 to $3.44 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.

2.93 out of 5 stars

Oils/Energy Sector

131st out of 236 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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SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
4/23/2024
Next Earnings (Confirmed)
5/01/2024
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
$55.29
High Stock Price Target
$60.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+7.9%
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
$3.53 per share
Book Value
$13.40 per share

Miscellaneous

Free Float
65,993,000
Market Cap
$4.06 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 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 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 analysts have issued 12 month price targets for Cactus' stock. Their WHD share price targets range from $43.00 to $60.00. On average, they expect the company's stock price to reach $55.29 in the next year. This suggests a possible upside of 7.9% 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 on January 1st, 2024. Since then, WHD shares have increased by 12.8% and is now trading at $51.22.
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 Wednesday, May 1st 2024.
View our WHD earnings forecast
.

How can I listen to Cactus' earnings call?

Cactus will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Cactus' earnings last quarter?

Cactus, Inc. (NYSE:WHD) announced its quarterly earnings data on Thursday, February, 29th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.68 by $0.13. The firm earned $274.87 million during 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 quarterly revenue was up 46.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.57 EPS.

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 paid a dividend of $0.12 per share on Thursday, March 14th. This represents a $0.48 annualized dividend and a yield of 0.94%. 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 0.95%. 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 13.95% 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 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.

Who are Cactus' major shareholders?

Cactus' stock is owned by many different institutional and retail investors. Top institutional investors include Wasatch Advisors LP (1.68%), Allspring Global Investments Holdings LLC (0.41%), Leeward Investments LLC MA (0.33%), Raymond James & Associates (0.25%), Congress Asset Management Co. MA (0.22%) and Norden Group LLC (0.15%). 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 4/23/2024 by MarketBeat.com Staff

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