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NYSE:WHDCactus Stock Price, Forecast & News

$19.08
-0.93 (-4.65 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$18.51
Now: $19.08
$19.72
50-Day Range
$12.31
MA: $15.87
$20.10
52-Week Range
$8.16
Now: $19.08
$35.28
Volume632,624 shs
Average Volume498,529 shs
Market Capitalization$1.44 billion
P/E Ratio11.63
Dividend Yield1.89%
Beta2.5
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: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.99 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$1.65 per share
Book Value$7.20 per share

Profitability

Net Income$85.61 million

Miscellaneous

Employees1,100
Market Cap$1.44 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Cactus (NYSE:WHD) Frequently Asked Questions

How has Cactus' stock been impacted by COVID-19 (Coronavirus)?

Cactus' stock was trading at $13.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WHD shares have increased by 46.8% and is now trading at $19.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cactus?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cactus in the last year. There are currently 3 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, July 29th 2020. View our earnings forecast for Cactus.

How were Cactus' earnings last quarter?

Cactus Inc (NYSE:WHD) announced its quarterly earnings data on Wednesday, April, 29th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.06. The business had revenue of $154.14 million for the quarter, compared to analyst estimates of $141.89 million. Cactus had a return on equity of 18.65% and a net margin of 12.47%. Cactus's quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 earnings per share. View Cactus' earnings history.

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

Cactus declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.09 per share on Thursday, June 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Friday, May 29th. View Cactus' dividend history.

What price target have analysts set for WHD?

11 Wall Street analysts have issued twelve-month price objectives for Cactus' shares. Their forecasts range from $14.00 to $34.00. On average, they expect Cactus' share price to reach $21.09 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for Cactus.

Has Cactus been receiving favorable news coverage?

News coverage about WHD stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cactus earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCactus.

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), Alibaba Group (BABA), Micron Technology (MU), AT&T (T), Enterprise Products Partners (EPD), Mastercard (MA), Netflix (NFLX), BP (BP), Walt Disney (DIS) and Viper Energy Partners (VNOM).

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 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.41%), Bank of New York Mellon Corp (1.96%), Jennison Associates LLC (1.88%), Clearbridge Investments LLC (1.58%), State Street Corp (1.47%) and Van ECK Associates Corp (1.40%). 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 Capital World Investors, Alliancebernstein L.P., Waddell & Reed Financial Inc., Public Employees Retirement Association of Colorado, Wells Fargo & Company MN, Nuveen Asset Management LLC, Morgan Stanley, and Jennison Associates LLC. 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 Arosa Capital Management LP, JPMorgan Chase & Co., Fort Washington Investment Advisors Inc. OH, FDx Advisors Inc., FDx Advisors Inc., Makaira Partners LLC, Teacher Retirement System of Texas, and Massachusetts Financial Services Co. MA. 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 $19.08.

How big of a company is Cactus?

Cactus has a market capitalization of $1.44 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 5/31/2020 by MarketBeat.com Staff

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