S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:WHD

Cactus (WHD) Stock Forecast, Price & News

$48.29
+0.45 (+0.94%)
(As of 05/20/2022 07:00 PM ET)
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Today's Range
$47.17
$48.59
50-Day Range
$44.68
$61.90
52-Week Range
$31.65
$64.18
Volume
383,900 shs
Average Volume
495,261 shs
Market Capitalization
$3.66 billion
P/E Ratio
49.28
Dividend Yield
0.91%
Beta
2.03
30 days | 90 days | 365 days | Advanced Chart
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Cactus logo

About Cactus

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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$438.59 million
Cash Flow
$0.97 per share
Book Value
$8.12 per share

Profitability

Net Income
$49.59 million
Pretax Margin
18.77%

Debt

Price-To-Earnings

Miscellaneous

Free Float
59,735,000
Market Cap
$3.66 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/17 Dividend
2/25/2022
Dividend Payable
3/17/2022
Last Earnings
5/04/2022
Today
5/22/2022
Ex-Dividend for 6/16 Dividend
5/26/2022
Dividend Payable
6/16/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.69 out of 5 stars

Oils/Energy Sector

38th out of 373 stocks

Oil & Gas Field Machinery Industry

2nd out of 15 stocks

Analyst Opinion: 3.1Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Cactus (NYSE:WHD) Frequently Asked Questions

Is Cactus a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cactus stock. 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 analyst ratings for Cactus
or view top-rated stocks.

When is Cactus' next earnings date?

Cactus is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Cactus
.

How were Cactus' earnings last quarter?

Cactus, Inc. (NYSE:WHD) released its quarterly earnings data on Wednesday, May, 4th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. The business earned $145.90 million during the quarter, compared to analysts' expectations of $139.84 million. Cactus had a net margin of 11.73% and a trailing twelve-month return on equity of 8.10%. The company's revenue was up 72.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.11 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, May 4th. Investors of record on Monday, May 30th will be given a dividend of $0.11 per share on Thursday, June 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, May 26th.
View Cactus' dividend history
.

Is Cactus a good dividend stock?

Cactus pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.91%. Cactus 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 of Cactus is 44.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cactus will have a dividend payout ratio of 20.95% next year. This indicates that Cactus will be able to sustain or increase its dividend.
View Cactus' dividend history.

What price target have analysts set for WHD?

8 analysts have issued 12-month price targets for Cactus' stock. Their forecasts range from $50.00 to $62.00. On average, they expect Cactus' stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price.
View analysts' price targets for Cactus
or view top-rated stocks among Wall Street analysts.

Who are Cactus' key executives?
Cactus' management team includes the following people:
What is Scott Bender's approval rating as Cactus' CEO?

14 employees have rated Cactus CEO Scott Bender on Glassdoor.com. Scott Bender has an approval rating of 83% among Cactus' 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 (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 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."

Who are Cactus' major shareholders?

Cactus' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.44%), BlackRock Inc. (5.27%), Van ECK Associates Corp (3.94%), Bank of New York Mellon Corp (3.69%), Clearbridge Investments LLC (2.64%) and Brown Advisory Inc. (2.31%). Company insiders that own Cactus 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 for Cactus
.

Which major investors are selling Cactus stock?

WHD stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Lazard Asset Management LLC, Wasatch Advisors Inc., American Century Companies Inc., Royce & Associates LP, Goldman Sachs Group Inc., Victory Capital Management Inc., and Bank of New York Mellon Corp. Company insiders that have sold Cactus company stock in the last year include Alan Semple, David John Isaac, Donna L Anderson, Gary L Rosenthal, Joel Bender, Michael Y Mcgovern, Scott Bender, Stephen Tadlock, and Steven Bender.
View insider buying and selling activity for Cactus
or view top insider-selling stocks.

Which major investors are buying Cactus stock?

WHD stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Invesco Ltd., Stephens Investment Management Group LLC, Wellington Management Group LLP, Leeward Investments LLC MA, Van ECK Associates Corp, Federated Hermes Inc., and State Street Corp.
View insider buying and selling activity for Cactus
or or view top insider-buying stocks.

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 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 $48.29.

How much money does Cactus make?

Cactus has a market capitalization of $3.66 billion and generates $438.59 million in revenue each year. The company earns $49.59 million in net income (profit) each year or $0.98 on an earnings per share basis.

How many employees does Cactus have?

Cactus employs 1,000 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 5/23/2022 by MarketBeat.com Staff

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