NYSE:WHD Cactus Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cactus Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.01 +0.02 (+0.11 %) (As of 09/29/2020 12:43 PM ET) Add Compare Share Today's Range$18.72Now: $19.01▼$19.1450-Day Range$17.84MA: $21.95▼$24.9952-Week Range$8.16Now: $19.01▼$35.28Volume11,159 shsAverage Volume483,560 shsMarket Capitalization$1.43 billionP/E Ratio14.62Dividend Yield1.98%Beta2.34 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingCactus has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.50, Cactus has a forecasted upside of 18.7% from its current price of $18.95.Amount of Analyst CoverageCactus has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCactus has received 339 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCactus has received 356 “underperform” votes. (Add your “underperform” vote.)Community SentimentCactus has received 51.22% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cactus and other stocks. Vote “Outperform” if you believe WHD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WHD will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldCactus pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCactus has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Cactus is 19.35%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Cactus will have a dividend payout ratio of 97.30% in the coming year. This indicates that Cactus may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cactus insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 24.28% of the stock of Cactus is held by insiders.Percentage Held by Institutions62.66% of the stock of Cactus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cactus are expected to decrease by -22.92% in the coming year, from $0.48 to $0.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cactus is 14.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Cactus is 14.58, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.07.Price to Book Value per Share RatioCactus has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NYSE Industry Oil & gas field machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:WHD Previous Symbol CUSIPN/A CIK1699136 Webcactuswellhead.com Phone713-626-8800Debt Debt-to-Equity Ratio0.04 Current Ratio7.09 Quick Ratio5.55Price-To-Earnings Trailing P/E Ratio14.62 Forward P/E Ratio39.60 P/E GrowthN/A Sales & Book Value Annual Sales$628.41 million Price / Sales2.28 Cash Flow$1.54 per share Price / Cash Flow12.36 Book Value$6.87 per share Price / Book2.77Profitability EPS (Most Recent Fiscal Year)$1.86 Net Income$85.61 million Net Margins11.96% Return on Equity14.25% Return on Assets9.00%Miscellaneous Employees1,100 Outstanding Shares75,362,000Market Cap$1.43 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $19.01 +0.02 (+0.11 %) (As of 09/29/2020 12:43 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WHD News and Ratings via Email Sign-up to receive the latest news and ratings for WHD and its competitors with MarketBeat's FREE daily newsletter. Cactus (NYSE:WHD) Frequently Asked Questions How has Cactus' stock price been impacted by COVID-19 (Coronavirus)? Cactus' stock was trading at $13.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WHD stock has increased by 46.2% and is now trading at $19.01. 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, beating the Thomson Reuters' consensus estimate of $0.01 by $0.09. The business had revenue of $66.55 million for the quarter, compared to analyst estimates of $60.29 million. Cactus had a return on equity of 14.25% and a net margin of 11.96%. Cactus's revenue was down 60.5% compared to the same quarter last year. During the same period last year, the company earned $0.52 EPS. View Cactus' earnings history. How often does Cactus pay dividends? What is the dividend yield for Cactus? Cactus declared a quarterly dividend on Wednesday, July 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, August 28th. View Cactus' dividend history. What price target have analysts set for WHD? 12 brokerages have issued 1-year price targets for Cactus' shares. Their forecasts range from $14.00 to $33.00. On average, they expect Cactus' share price to reach $22.50 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts' price targets for Cactus. Are investors shorting Cactus? Cactus saw a decline in short interest in September. As of September 15th, there was short interest totaling 645,800 shares, a decline of 23.8% from the August 31st total of 847,800 shares. Based on an average trading volume of 353,500 shares, the days-to-cover ratio is currently 1.8 days. View Cactus' Short Interest. Who are some of Cactus' key competitors? 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), Jutal Offshore Oil Services (JUTOY), Newpark Resources (NR), Forum Energy Technologies (FET), Profire Energy (PFIE), Weatherford International (WFTIF), QS Energy (QSEP), Deep Down (DPDW), Freestone Resources (FSNR) and Coil Tubing Technology (CTBG). View all 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 OfficerMr. Stephen D. Tadlock, VP & Chief Admin. Officer 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 a price of $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 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 $19.01. How big of a company is Cactus? Cactus has a market capitalization of $1.43 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 9/29/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
