S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
EV Battery Maker Freyr Set For Major Global Expansion
The 3-Stock Retirement Blueprint (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Russia accused of 'kidnapping' head of Ukraine nuclear plant
The 3-Stock Retirement Blueprint (Ad)
MarketBeat: Week in Review 9/26 – 9/30
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
EV Battery Maker Freyr Set For Major Global Expansion
The 3-Stock Retirement Blueprint (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Russia accused of 'kidnapping' head of Ukraine nuclear plant
The 3-Stock Retirement Blueprint (Ad)
MarketBeat: Week in Review 9/26 – 9/30
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
EV Battery Maker Freyr Set For Major Global Expansion
The 3-Stock Retirement Blueprint (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Russia accused of 'kidnapping' head of Ukraine nuclear plant
The 3-Stock Retirement Blueprint (Ad)
MarketBeat: Week in Review 9/26 – 9/30
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
EV Battery Maker Freyr Set For Major Global Expansion
The 3-Stock Retirement Blueprint (Ad)
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Russia accused of 'kidnapping' head of Ukraine nuclear plant
The 3-Stock Retirement Blueprint (Ad)
MarketBeat: Week in Review 9/26 – 9/30
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
The 3-Stock Retirement Blueprint (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
NYSE:WHD

Cactus - WHD Stock Forecast, Price & News

$38.43
-1.70 (-4.24%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.40
$40.09
50-Day Range
$34.89
$45.16
52-Week Range
$34.70
$64.18
Volume
567,784 shs
Average Volume
436,804 shs
Market Capitalization
$2.91 billion
P/E Ratio
30.99
Dividend Yield
1.10%
Price Target
$54.80

Cactus MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
42.6% Upside
$54.80 Price Target
Short Interest
Healthy
2.54% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.81
Upright™ Environmental Score
News Sentiment
0.22mentions of Cactus in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
34.86%
From $1.75 to $2.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Oils/Energy Sector

19th out of 260 stocks

Oil & Gas Field Machinery Industry

2nd out of 10 stocks

WHD stock logo

About Cactus (NYSE:WHD) Stock

Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. The company's principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services. The company sells or rents its products for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. In addition, it operates 15 service centers in the United States, as well as 3 service centers in Eastern Australia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

Receive WHD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cactus and its competitors with MarketBeat's FREE daily newsletter.

WHD Stock News Headlines

Cactus (NYSE:WHD) Price Target Raised to $55.00 at Morgan Stanley
The Cactus Blossoms have Dylan covered - Country Standard Time
See More Headlines
Receive WHD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cactus and its competitors with MarketBeat's FREE daily newsletter.

WHD Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 9/15 Dividend
8/26/2022
Dividend Payable
9/15/2022
Today
10/01/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
N/A
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$54.80
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+42.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$49.59 million
Pretax Margin
21.78%

Debt

Sales & Book Value

Annual Sales
$438.59 million
Cash Flow
$0.92 per share
Book Value
$7.86 per share

Miscellaneous

Free Float
59,735,000
Market Cap
$2.91 billion
Optionable
Optionable
Beta
1.97

Key Executives

  • Mr. Scott J. Bender (Age 68)
    Pres, CEO & Director
    Comp: $498.63k
  • Mr. Stephen D. TadlockMr. Stephen D. Tadlock
    CFO, VP & Treasurer
  • Mr. Joel Bender (Age 62)
    Sr. VP, COO & Director
    Comp: $522.56k
  • Ms. Donna L. Anderson CPA (Age 49)
    Chief Accounting Officer & Corp. Controller
  • Mr. William D. Marsh (Age 59)
    Gen. Counsel, VP of Admin. & Corp. Sec.
  • Mr. John Fitzgerald
    Director of Corp. Devel. & Investor Relations













WHD Stock - Frequently Asked Questions

Should I buy or sell Cactus stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" WHD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WHD, but not buy additional shares or sell existing shares.
View WHD analyst ratings
or view top-rated stocks.

What is Cactus' stock price forecast for 2022?

8 brokers have issued 12-month price targets for Cactus' stock. Their WHD share price forecasts range from $50.00 to $62.00. On average, they anticipate the company's stock price to reach $54.80 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price.
View analysts price targets for WHD
or view top-rated stocks among Wall Street analysts.

How have WHD shares performed in 2022?

Cactus' stock was trading at $38.13 at the beginning of 2022. Since then, WHD stock has increased by 0.8% and is now trading at $38.43.
View the best growth stocks for 2022 here
.

Are investors shorting Cactus?

Cactus saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,920,000 shares, an increase of 23.9% from the August 31st total of 1,550,000 shares. Based on an average trading volume of 502,900 shares, the short-interest ratio is currently 3.8 days.
View Cactus' Short Interest
.

When is Cactus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our WHD earnings forecast
.

How were Cactus' earnings last quarter?

Cactus, Inc. (NYSE:WHD) announced its quarterly earnings results on Thursday, August, 4th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.08. The business had revenue of $170.20 million for the quarter, compared to analysts' expectations of $161.11 million. Cactus had a trailing twelve-month return on equity of 12.05% and a net margin of 13.43%. The company's revenue was up 56.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.16 earnings per share.

How often does Cactus pay dividends? What is the dividend yield for Cactus?

Cactus announced a quarterly dividend on Friday, August 5th. Shareholders of record on Monday, August 29th will be paid a dividend of $0.11 per share on Thursday, September 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Friday, August 26th.
Read our dividend analysis for WHD
.

Is Cactus a good dividend stock?

Cactus (NYSE:WHD) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WHD will have a dividend payout ratio of 18.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WHD.

What is Scott Bender's approval rating as Cactus' CEO?

14 employees have rated Cactus Chief Executive Officer Scott Bender on Glassdoor.com. Scott Bender has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Cactus own?

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), Boeing (BA) and BP (BP).

When did Cactus IPO?

(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 served 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.

What is Cactus' stock symbol?

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

How do I buy shares of Cactus?

Shares of WHD stock 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.
Compare Top Brokerages Here.

What is Cactus' stock price today?

One share of WHD stock can currently be purchased for approximately $38.43.

How much money does Cactus make?

Cactus (NYSE:WHD) has a market capitalization of $2.91 billion and generates $438.59 million in revenue each year. The company earns $49.59 million in net income (profit) each year or $1.24 on an earnings per share basis.

How many employees does Cactus have?

The company employs 1,000 workers across the globe.

How can I contact Cactus?

Cactus' mailing address is 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024. The official website for the company is cactuswellhead.com. The company can be reached via phone at (713) 626-8800 or via email at ir@cactuswhd.com.

This page (NYSE:WHD) was last updated on 10/1/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.