NYSE:WHD - Cactus Stock Price, Forecast & News

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

Cactus declared a quarterly dividend on Thursday, January 30th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.09 per share on Thursday, March 19th. This represents a $0.36 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Friday, February 28th. View Cactus' Dividend History.

Cactus Inc (NYSE:WHD) announced its earnings results on Wednesday, October, 30th. The company reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.03. The business earned $160.81 million during the quarter, compared to analyst estimates of $159.80 million. Cactus had a return on equity of 30.14% and a net margin of 13.45%. View Cactus' Earnings History.

Cactus is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Cactus.

Cactus will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 analysts have issued 1-year target prices for Cactus' stock. Their forecasts range from $33.00 to $43.00. On average, they expect Cactus' share price to reach $37.00 in the next twelve months. This suggests a possible upside of 29.3% 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 positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring 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 nearest to five being the most favorable. Cactus earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave 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 impact on the stock's share price in the near term. View News Stories for Cactus.

Cactus saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,100,000 shares, a decrease of 13.4% from the January 15th total of 1,270,000 shares. Based on an average daily volume of 342,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.3% of the shares of the company are sold short. View Cactus' Current Options Chain.

Some companies that are related to Cactus include 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), Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), CVS Health (CVS), Home Depot (HD), Walt Disney (DIS), Enterprise Products Partners (EPD) and Mastercard (MA).

(WHD) raised $374 million in an 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' stock is owned by a number of of institutional and retail investors. Top institutional investors include Capital World Investors (2.80%), Goldman Sachs Group Inc. (2.57%), Bank of New York Mellon Corp (2.04%), Jennison Associates LLC (2.01%), Alliancebernstein L.P. (1.92%) and FMR LLC (1.79%). 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 Lord Abbett & CO. LLC, Marshall Wace LLP, Amundi Pioneer Asset Management Inc., Renaissance Technologies LLC, Alliancebernstein L.P., Goldman Sachs Group Inc., Eagle Asset Management Inc. and Teacher Retirement System of Texas. 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.

WHD stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Great Lakes Advisors LLC, Bank of New York Mellon Corp, Capital Research Global Investors, Barrow Hanley Mewhinney & Strauss LLC, Hotchkis & Wiley Capital Management LLC, State Street Corp and Marshall Wace North America L.P.. 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 $28.62.

Cactus has a market capitalization of $2.15 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]