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NYSE:WHD

Cactus Stock Forecast, Price & News

$19.68
+0.02 (+0.10 %)
(As of 09/22/2020 12:00 AM ET)
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Today's Range
$19.36
Now: $19.68
$19.98
50-Day Range
$19.51
MA: $22.63
$24.99
52-Week Range
$8.16
Now: $19.68
$35.28
Volume254,275 shs
Average Volume486,005 shs
Market Capitalization$1.48 billion
P/E Ratio15.14
Dividend Yield1.83%
Beta2.34
Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment. The company's principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. The company sells or rents its products for onshore unconventional oil and gas wells that are utilized during the drilling, completion, and production phases of its customers' wells. It operates 14 service centers in the United States, as well as a service center in Eastern Australia. The company was founded in 2011 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.94 out of 5 stars


Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryN/A
CUSIPN/A
Phone713-626-8800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$628.41 million
Cash Flow$1.59 per share
Book Value$6.87 per share

Profitability

Net Income$85.61 million

Miscellaneous

Employees1,100
Market Cap$1.48 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$19.68
+0.02 (+0.10 %)
(As of 09/22/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cactus (NYSE:WHD) Frequently Asked Questions

How has Cactus' stock price been impacted by COVID-19?

Cactus' stock was trading at $13.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WHD shares have increased by 51.4% and is now trading at $19.68.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cactus?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 4 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
.

When is Cactus' next earnings date?

Cactus is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Cactus
.

How were Cactus' earnings last quarter?

Cactus Inc (NYSE:WHD) posted its earnings results on Wednesday, July, 29th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.09. The business earned $66.55 million during the quarter, compared to the consensus estimate of $60.29 million. Cactus had a return on equity of 14.25% and a net margin of 11.96%. The firm's revenue was down 60.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.52 earnings per share.
View Cactus' earnings history
.

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

Cactus announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 31st will be given a dividend of $0.09 per share on Thursday, September 17th. This represents a $0.36 annualized dividend and a yield of 1.83%. The ex-dividend date is Friday, August 28th.
View Cactus' dividend history
.

What price target have analysts set for WHD?

12 brokers have issued 1 year price targets for Cactus' stock. Their forecasts range from $14.00 to $33.00. On average, they expect Cactus' stock price to reach $22.50 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
View analysts' price targets for Cactus
.

Are investors shorting Cactus?

Cactus saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 847,800 shares, a decrease of 30.5% from the August 15th total of 1,220,000 shares. Based on an average daily volume of 354,500 shares, the short-interest ratio is presently 2.4 days.
View Cactus' Short Interest
.

Who are some of Cactus' key competitors?

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).

Who are Cactus' key executives?

Cactus' management team includes the following people:
  • Mr. Scott Bender, Pres, CEO & Director (Age 65)
  • Mr. Brian Small, Chief Financial Officer (Age 62)
  • Mr. Joel Bender, Sr. VP, COO, Sec. & Director (Age 60)
  • Mr. Ike Smith, Chief Accounting Officer
  • Mr. Stephen D. Tadlock, VP & Chief Admin. Officer

When did Cactus IPO?

(WHD) raised $374 million in an IPO 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.

What is Cactus' stock symbol?

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

Who are Cactus' major shareholders?

Cactus' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.95%), FMR LLC (2.68%), Bank of New York Mellon Corp (2.46%), Neuberger Berman Group LLC (2.42%), Goldman Sachs Group Inc. (2.26%) and Encompass Capital Advisors LLC (1.98%). Company insiders that own Cactus stock include Alan Semple, Joel Bender and Steven Bender.
View institutional ownership trends for Cactus
.

Which major investors are selling Cactus stock?

WHD stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Arosa Capital Management LP, Encompass Capital Advisors LLC, Neuberger Berman Group LLC, Marshall Wace LLP, Fisher Asset Management LLC, Sei Investments Co., and Hancock Whitney Corp.
View insider buying and selling activity for Cactus
.

Which major investors are buying Cactus stock?

WHD stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Alyeska Investment Group L.P., Bank of New York Mellon Corp, William Blair Investment Management LLC, Thompson Siegel & Walmsley LLC, Goldman Sachs Group Inc., Russell Investments Group Ltd., and Nuveen Asset Management LLC.
View insider buying and selling activity for Cactus
.

How do I buy shares of 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.

What is Cactus' stock price today?

One share of WHD stock can currently be purchased for approximately $19.68.

How big of a company is Cactus?

Cactus has a market capitalization of $1.48 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.

What is Cactus' official website?

The official website for Cactus is cactuswellhead.com.

How can I contact Cactus?

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]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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