Cactus Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cactus stock.
View analyst ratings for Cactus or view top-rated stocks.

Wall Street analysts have given Cactus a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cactus wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Cactus is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Cactus.

Cactus, Inc. (NYSE:WHD) posted its quarterly earnings data on Wednesday, February, 24th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. Cactus had a net margin of 11.96% and a trailing twelve-month return on equity of 14.25%.
View Cactus' earnings history.

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 145.2% and is now trading at $31.87.
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Cactus announced a quarterly dividend on Thursday, January 21st. Investors of record on Monday, March 1st will be given a dividend of $0.09 per share on Thursday, March 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, February 26th.
View Cactus' dividend history.

Cactus pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.10%. Cactus does not yet have a strock track record of dividend growth. The dividend payout ratio of Cactus is 19.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Cactus will have a dividend payout ratio of 100.00% in the coming year. This indicates that Cactus may not be able to sustain their current dividend.
View Cactus' dividend history.

12 analysts have issued 1-year price objectives for Cactus' stock. Their forecasts range from $14.00 to $34.00. On average, they expect Cactus' share price to reach $23.71 in the next twelve months. This suggests that the stock has a possible downside of 25.6%.
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14 employees have rated Cactus CEO Scott Bender on Glassdoor.com. Scott Bender has an approval rating of 83% among Cactus' employees.

Some companies that are related to Cactus include NOV (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), NOW (DNOW), Solaris Oilfield Infrastructure (SOI), Oil States International (OIS), Newpark Resources (NR), Jutal Offshore Oil Services (JUTOY), Forum Energy Technologies (FET), Profire Energy (PFIE), Superior Drilling Products (SDPI), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW) and Freestone Resources (FSNR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cactus investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Mastercard (MA), AbbVie (ABBV), The Boeing (BA) and BP (BP).

(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 institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.05%), BlackRock Inc. (4.99%), Bank of New York Mellon Corp (3.38%), Lazard Asset Management LLC (2.89%), Alliancebernstein L.P. (1.74%) and Van ECK Associates Corp (1.66%). Company insiders that own Cactus stock include Alan Semple, David John Isaac, Gary L Rosenthal, Joel Bender, Scott Bender, Stephen Tadlock and Steven Bender.
View institutional ownership trends for Cactus.

WHD stock was sold by a variety of institutional investors in the last quarter, including Deep Basin Capital LP, Boston Trust Walden Corp, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Thompson Siegel & Walmsley LLC, State of Wisconsin Investment Board, William Blair Investment Management LLC, and Boston Partners. Company insiders that have sold Cactus company stock in the last year include David John Isaac, Gary L Rosenthal, Scott Bender, and Stephen Tadlock.
View insider buying and selling activity for Cactus or view top insider-selling stocks.

WHD stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Lazard Asset Management LLC, BlackRock Inc., Van ECK Associates Corp, New York State Common Retirement Fund, Russell Investments Group Ltd., and JPMorgan Chase & Co..
View insider buying and selling activity for Cactus or or view top insider-buying stocks.

Shares of WHD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WHD stock can currently be purchased for approximately $31.87.

Cactus has a market capitalization of $2.40 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 is headquartered at 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024.

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]