NYSE:WHD Cactus - WHD Stock Forecast, Price & News Adding Choose a watchlist: 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. $41.57 +1.95 (+4.92%) (As of 03/28/2023 02:10 PM ET) Add Compare Share Share Today's Range$39.34▼$42.2450-Day Range$36.83▼$55.4952-Week Range$34.70▼$62.83Volume504,907 shsAverage Volume611,930 shsMarket Capitalization$3.29 billionP/E Ratio23.22Dividend Yield1.06%Price Target$57.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Cactus MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside35.9% Upside$57.33 Price TargetShort InterestHealthy2.33% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.81Upright™ Environmental ScoreNews Sentiment0.28Based on 4 Articles This WeekInsider TradingSelling Shares$142,773 Sold Last QuarterProj. Earnings Growth18.38%From $2.34 to $2.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.01 out of 5 starsOils/Energy Sector35th out of 247 stocksOil & Gas Field Machinery Industry2nd out of 9 stocks 3.1 Analyst's Opinion Consensus RatingCactus has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.33, Cactus has a forecasted upside of 35.9% from its current price of $42.20.Amount of Analyst CoverageCactus has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.33% of the outstanding shares of Cactus have been sold short.Short Interest Ratio / Days to CoverCactus has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cactus has recently increased by 21.05%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCactus pays a meaningful dividend of 1.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCactus has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Cactus is 24.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cactus will have a dividend payout ratio of 15.88% next year. This indicates that Cactus will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCactus has received a -129.83% net impact score from Upright. The largest negative impact of Cactus in category "GHG emissions" is driven by its "Natural gas drilling machinery", "Oil drilling machinery", and "Oil well integrity equipment" products. See details.Environmental SustainabilityThe Environmental Impact score for Cactus is -5.81. Previous Next 2.4 News and Social Media Coverage News SentimentCactus has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cactus this week, compared to 2 articles on an average week.Search Interest9 people have searched for WHD on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Cactus to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cactus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $142,773.00 in company stock.Percentage Held by Insiders21.10% of the stock of Cactus is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions83.06% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Cactus are expected to grow by 18.38% in the coming year, from $2.34 to $2.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cactus is 23.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Cactus is 23.58, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 58.88.Price to Earnings Growth RatioCactus has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCactus has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cactus (NYSE:WHD) StockCactus, Inc. is a holding company, which engages in the design, manufacture and sale of wellhead and pressure control equipment. Its products include Cactus SafeDrill wellhead systems as well as frac stacks, Cactus SafeLink monobore, SafeClamp and SafeInject systems. It also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the wellhead and pressure control equipment. The company was founded in August 2011 and is headquartered in Houston, TX.Read More 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. Email Address WHD Stock News HeadlinesMarch 27, 2023 | finance.yahoo.comReturns On Capital At Cactus (NYSE:WHD) Paint A Concerning PictureMarch 23, 2023 | finance.yahoo.comWhat Makes Cactus (WHD) an Attractive Investment?March 28, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 1, 2023 | finance.yahoo.comCactus Completes Previously Announced Acquisition of FlexSteelFebruary 24, 2023 | finance.yahoo.comCactus Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 22, 2023 | finance.yahoo.comCactus Announces Fourth Quarter and Full Year 2022 ResultsFebruary 10, 2023 | finance.yahoo.comCactus (NYSE:WHD) Will Pay A Dividend Of $0.11February 7, 2023 | finance.yahoo.comCactus Announces Expiration of Hart-Scott-Rodino Waiting Period for the Pending FlexSteel TransactionMarch 28, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...February 3, 2023 | finance.yahoo.comCactus Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference CallJanuary 27, 2023 | finance.yahoo.comCactus (NYSE:WHD) Is Due To Pay A Dividend Of $0.11January 12, 2023 | finance.yahoo.comHere's Why You Must Invest in Cactus (WHD) Stock Right NowJanuary 11, 2023 | finance.yahoo.comCactus Prices Upsized Public Offering of Common StockJanuary 10, 2023 | finance.yahoo.comCactus Announces Public Offering of Common StockJanuary 3, 2023 | finance.yahoo.comCactus Announces Agreement to Acquire FlexSteelNovember 20, 2022 | finance.yahoo.comCactus, Inc.'s (NYSE:WHD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?November 7, 2022 | finance.yahoo.comCactus Announces Third Quarter 2022 ResultsNovember 3, 2022 | finance.yahoo.comCactus, Inc. (NYSE:WHD) Shares Could Be 35% Below Their Intrinsic Value EstimateOctober 22, 2022 | msn.comMcDonald’s Cactus Plant Flea Market Toys Seem to Be Going for Many Thousands of Dollars on eBayOctober 22, 2022 | msn.comCactus, Inc. (WHD) Crossed Above the 200-Day Moving Average: What That Means for InvestorsOctober 20, 2022 | finance.yahoo.comCactus Announces Timing of Third Quarter 2022 Earnings Release and Conference CallOctober 19, 2022 | cnbc.comMcDonald's limited-edition adult Happy Meal toys are listed for as much as $300,000 on eBay - CNBCOctober 18, 2022 | marketwatch.comMcDonald’s ‘adult Happy Meal’ toys are selling for up to $300,000 on eBay - MarketWatchOctober 18, 2022 | finance.yahoo.comCactus' (NYSE:WHD) Returns On Capital Not Reflecting Well On The BusinessOctober 14, 2022 | nasdaq.comSchlumberger (SLB) Looking to Divest US Valves Business - NasdaqOctober 14, 2022 | investors.comCactus Stock Scores Stock Rising Relative Price Strength | Investor's Business Daily - Investor's Business DailyOctober 12, 2022 | vernonmorningstar.comCactus Club Cafe opens doors in Vernon – Vernon Morning Star - Vernon Morning StarSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address WHD Company Calendar Last Earnings2/22/2023Ex-Dividend for 3/16 Dividend2/24/2023Dividend Payable3/16/2023Today3/28/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:WHD CUSIPN/A CIK1699136 Webcactuswellhead.com Phone(713) 626-8800FaxN/AEmployees1,200Year Founded2011Price Target and Rating Average Stock Price Forecast$57.33 High Stock Price Forecast$70.00 Low Stock Price Forecast$46.00 Forecasted Upside/Downside+44.7%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.79 Trailing P/E Ratio22.13 Forward P/E Ratio16.93 P/E Growth0.35Net Income$110.17 million Net Margins16.00% Pretax Margin25.65% Return on Equity18.53% Return on Assets11.37% Debt Debt-to-Equity Ratio0.01 Current Ratio5.61 Quick Ratio4.23 Sales & Book Value Annual Sales$688.37 million Price / Sales4.55 Cash Flow$2.42 per share Price / Cash Flow16.39 Book Value$9.36 per share Price / Book4.23Miscellaneous Outstanding Shares79,110,000Free Float62,414,000Market Cap$3.13 billion OptionableOptionable Beta1.94 Social Links Key ExecutivesScott BenderPresident, Chief Executive Officer & DirectorJoel BenderChief Operating Officer, Director & Senior VPStephen D. TadlockChief Financial Officer, Treasurer & VPWilliam D. MarshSecretary, VP-Administration & General CounselSteven BenderVice President-OperationsKey CompetitorsWeatherford InternationalNASDAQ:WFRDNOWNYSE:DNOWDril-QuipNYSE:DRQTechnipFMCNYSE:FTIComstock ResourcesNYSE:CRKView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,539 shares on 3/23/2023Ownership: 0.039%Victory Capital Management Inc.Bought 1,553 shares on 3/10/2023Ownership: 1.342%Donna L AndersonSold 2,985 sharesTotal: $142,772.55 ($47.83/share)Rockefeller Capital Management L.P.Sold 550 shares on 3/6/2023Ownership: 0.001%NatixisBought 25,829 shares on 2/24/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions WHD Stock - Frequently Asked Questions Should I buy or sell Cactus stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 2023? 5 Wall Street research analysts have issued 1 year price targets for Cactus' shares. Their WHD share price forecasts range from $46.00 to $70.00. On average, they expect the company's stock price to reach $57.33 in the next twelve months. This suggests a possible upside of 44.7% 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 2023? Cactus' stock was trading at $50.26 at the beginning of 2023. Since then, WHD shares have decreased by 21.2% and is now trading at $39.62. View the best growth stocks for 2023 here. Are investors shorting Cactus? Cactus saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,840,000 shares, an increase of 21.1% from the February 28th total of 1,520,000 shares. Based on an average trading volume of 571,100 shares, the days-to-cover ratio is presently 3.2 days. View Cactus' Short Interest. When is Cactus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our WHD earnings forecast. How were Cactus' earnings last quarter? Cactus, Inc. (NYSE:WHD) posted its quarterly earnings results on Wednesday, February, 22nd. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. The company had revenue of $187.77 million for the quarter, compared to analyst estimates of $190.35 million. Cactus had a trailing twelve-month return on equity of 18.53% and a net margin of 16.00%. How often does Cactus pay dividends? What is the dividend yield for Cactus? Cactus announced a quarterly dividend on Tuesday, January 17th. Shareholders of record on Monday, February 27th will be paid a dividend of $0.11 per share on Thursday, March 16th. This represents a $0.44 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Friday, February 24th. Read our dividend analysis for WHD. What ETFs hold Cactus' stock? ETFs with the largest weight of Cactus (NYSE:WHD) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco Dynamic Oil & Gas Services ETF (PXJ), iShares U.S. Oil Equipment & Services ETF (IEZ), American CenturyFocused Dynamic Growth ETF (FDG), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and First Trust Small Cap Growth AlphaDEX Fund (FYC). 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 1.17%. 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 24.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WHD will have a dividend payout ratio of 15.88% 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 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 a number of institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (4.02%), JPMorgan Chase & Co. (2.86%), Alliancebernstein L.P. (2.73%), Clearbridge Investments LLC (2.68%), Van ECK Associates Corp (2.56%) and Brown Advisory Inc. (2.36%). Insiders that own company stock include Alan Semple, Cadent Energy Partners Ii Lp, David John Isaac, Donna L Anderson, Gary L Rosenthal, Joel Bender, Michael Y Mcgovern, Scott Bender, Stephen Tadlock and Steven Bender. View institutional ownership trends. 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 $39.62. How much money does Cactus make? Cactus (NYSE:WHD) has a market capitalization of $3.13 billion and generates $688.37 million in revenue each year. The company earns $110.17 million in net income (profit) each year or $1.79 on an earnings per share basis. How many employees does Cactus have? The company employs 1,200 workers across the globe. Does Cactus have any subsidiaries? The following companies are subsidiares of Cactus: Cactus Wellhead LLC.Read More 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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