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 38.1% and is now trading at $17.95. 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 1 sell rating, 2 hold ratings, 7 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) posted its quarterly earnings data on Wednesday, April, 29th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $154.14 million for the quarter, compared to analyst estimates of $141.89 million. Cactus had a return on equity of 18.65% and a net margin of 12.47%. Cactus's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS. View Cactus' earnings history.

Cactus announced a quarterly dividend on Wednesday, April 29th. Investors 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 annualized dividend and a dividend yield of 2.01%. The ex-dividend date is Friday, May 29th. View Cactus' dividend history.

11 equities research analysts have issued 1-year price objectives for Cactus' shares. Their forecasts range from $14.00 to $35.00. On average, they expect Cactus' share price to reach $22.36 in the next year. This suggests a possible upside of 24.6% from the stock's current price. View analysts' price targets for Cactus.

Media coverage about WHD stock has been trending very negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cactus earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media stories 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 company's share price in the near term. View the latest news aboutCactus.

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 (IPO) 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (4.41%), Bank of New York Mellon Corp (1.96%), Jennison Associates LLC (1.88%), Clearbridge Investments LLC (1.58%), State Street Corp (1.47%) and Van ECK Associates Corp (1.40%). 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 Capital World Investors, Alliancebernstein L.P., Waddell & Reed Financial Inc., Public Employees Retirement Association of Colorado, Wells Fargo & Company MN, Nuveen Asset Management LLC, Morgan Stanley, and Jennison Associates LLC. View insider buying and selling activity for Cactus.

WHD stock was purchased by a variety of institutional investors in the last quarter, including Arosa Capital Management LP, JPMorgan Chase & Co., Fort Washington Investment Advisors Inc. OH, FDx Advisors Inc., FDx Advisors Inc., Makaira Partners LLC, Teacher Retirement System of Texas, and Massachusetts Financial Services Co. MA. 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 $17.95.

Cactus has a market capitalization of $1.35 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]