NYSE:WHD - Cactus Stock Price, Price Target & More

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

Cactus (NYSE:WHD) posted its quarterly earnings data on Wednesday, May, 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.02. The business had revenue of $115.11 million for the quarter, compared to analysts' expectations of $110.14 million. View Cactus' Earnings History.

9 brokerages have issued twelve-month target prices for Cactus' shares. Their predictions range from $30.00 to $36.00. On average, they anticipate Cactus' share price to reach $32.20 in the next twelve months. View Analyst Ratings for Cactus.

Cactus saw a drop in short interest in the month of April. As of April 30th, there was short interest totalling 739,589 shares, a drop of 63.5% from the April 13th total of 2,027,085 shares. Based on an average trading volume of 266,589 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.8% of the company's stock are sold short.

Some companies that are related to Cactus include Weatherford International (WFT), Oil States International (OIS), Dril-Quip (DRQ), Forum Energy Technologies (FET), DistributionNOW (DNOW), Newpark Resources (NR), Solaris Oilfield Infra (SOI), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).

(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 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.

Media coverage about WHD stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cactus earned a news impact score of 0.07 on Accern's scale. They also assigned news coverage about the company an impact score of 47.10 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Cactus' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.55%), Millennium Management LLC (1.71%), Boston Partners (1.65%), Zimmer Partners LP (1.36%), Loomis Sayles & Co. L P (0.91%) and Arosa Capital Management LP (0.87%). View Institutional Ownership Trends for Cactus.

WHD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Boston Partners, Zimmer Partners LP, Loomis Sayles & Co. L P, Arosa Capital Management LP, Citadel Advisors LLC and Lord Abbett & CO. LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of WHD stock can currently be purchased for approximately $36.58.

Cactus has a market capitalization of $2.69 billion and generates $341.19 million in revenue each year. The company earns $66.54 million in net income (profit) each year or $1,258.36 on an earnings per share basis. Cactus employs 880 workers across the globe.

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]