NYSE:WHD - Cactus Stock Price, Forecast & News

Cactus trades on the New York Stock Exchange (NYSE) under the ticker symbol "WHD."

Cactus announced a quarterly dividend on Tuesday, October 29th. Investors of record on Monday, December 2nd will be paid a dividend of $0.09 per share on Thursday, December 19th. This represents a $0.36 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, November 29th. View Cactus' Dividend History.

Cactus Inc (NYSE:WHD) released its quarterly earnings data on Wednesday, October, 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm earned $160.81 million during the quarter, compared to analysts' expectations of $159.80 million. Cactus had a net margin of 13.45% and a return on equity of 30.14%. View Cactus' Earnings History.

Cactus is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Cactus.

8 analysts have issued 1-year price objectives for Cactus' shares. Their forecasts range from $33.00 to $43.00. On average, they anticipate Cactus' share price to reach $37.00 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for Cactus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cactus.

News stories about WHD stock have been trending somewhat positive recently, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cactus earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Cactus.

Some companies that are related to Cactus include National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), NOW (DNOW), Oil States International (OIS), Solaris Oilfield Infrastructure (SOI), Newpark Resources (NR), Forum Energy Technologies (FET), QS Energy (QSEP), Weatherford International (WFTIQ), Weatherford International (WFTIF), Deep Down (DPDW) and Freestone Resources (FSNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cactus investors own include NVIDIA (NVDA), AT&T (T), Cisco Systems (CSCO), Alibaba Group (BABA), CVS Health (CVS), Walt Disney (DIS), Home Depot (HD), Micron Technology (MU), Verizon Communications (VZ) and Enterprise Products Partners (EPD).

(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.

Cactus' stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.20%) and Viking Fund Management LLC (0.11%). Company insiders that own Cactus stock include Alan Semple, Joel Bender and Steven Bender. View Institutional Ownership Trends for Cactus.

WHD stock was sold by a variety of institutional investors in the last quarter, including Viking Fund Management LLC and Peregrine Capital Management LLC. Company insiders that have sold Cactus company stock in the last year include Alan Semple, Joel Bender and Steven Bender. View Insider Buying and Selling for Cactus.

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

One share of WHD stock can currently be purchased for approximately $33.24.

Cactus has a market capitalization of $2.50 billion and generates $544.14 million in revenue each year. The company earns $65.33 million in net income (profit) each year or $1.78 on an earnings per share basis. Cactus employs 1,200 workers across the globe.View Additional Information About Cactus.

The official website for Cactus is http://cactuswellhead.com/.

Cactus' mailing address is 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024. The company can be reached via phone at 713-626-8800 or via email at [email protected]