NYSE:WHDCactus Stock Price, Forecast & News

Cactus' stock was trading at $13.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WHD stock has increased by 50.6% and is now trading at $19.58. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cactus.

Cactus is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Cactus.

Cactus Inc (NYSE:WHD) announced its earnings results on Wednesday, April, 29th. The company reported $0.41 EPS for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.06. The business had revenue of $154.14 million for the quarter, compared to analysts' expectations of $141.89 million. Cactus had a return on equity of 18.65% and a net margin of 12.47%. The business's revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 earnings per share. View Cactus' earnings history.

Cactus declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, June 1st will be given a dividend of $0.09 per share on Thursday, June 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, May 29th. View Cactus' dividend history.

11 brokerages have issued 12-month price targets for Cactus' shares. Their forecasts range from $14.00 to $33.00. On average, they anticipate Cactus' share price to reach $20.36 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View analysts' price targets for Cactus.

Media coverage about WHD stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cactus earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Cactus.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Cactus investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), AT&T (T), Enterprise Products Partners (EPD), Mastercard (MA), Netflix (NFLX), BP (BP), Walt Disney (DIS) and Viper Energy Partners (VNOM).

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

Cactus' stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%). Company insiders that own Cactus stock include Alan Semple, Joel Bender and Steven Bender. View institutional ownership trends for Cactus.

WHD stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity 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 $19.58.

Cactus has a market capitalization of $1.48 billion and generates $628.41 million in revenue each year. The company earns $85.61 million in net income (profit) each year or $1.86 on an earnings per share basis. Cactus employs 1,100 workers across the globe.

The official website for Cactus is 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]