Free Trial

Cactus (WHD) Stock Forecast & Price Target

$50.77
+0.20 (+0.40%)
(As of 05/24/2024 ET)

Cactus - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 7 Analyst Ratings

Consensus Price Target

$55.14
8.61% Upside
High Forecast$60.00
Average Forecast$55.14
Low Forecast$43.00
TypeCurrent Forecast
5/25/23 to 5/24/24
1 Month Ago
4/25/23 to 4/24/24
3 Months Ago
2/24/23 to 2/24/24
1 Year Ago
5/25/22 to 5/25/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$55.14$55.29$55.86$55.17
Forecasted Upside8.61% Upside16.21% Upside17.35% Upside21.46% Upside
Get Cactus Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for WHD and its competitors with MarketBeat's FREE daily newsletter.

WHD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

WHD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Cactus Stock vs. The Competition

TypeCactusOils/Energy CompaniesS&P 500
Consensus Rating Score
2.14
2.54
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside8.66% Upside594.63% Upside9.88% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$55.00 ➝ $56.00+8.59%
5/6/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold
4/15/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderperform ➝ Underperform$40.00 ➝ $43.00-14.65%
1/3/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$68.00 ➝ $60.00+33.48%
11/13/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$59.00 ➝ $55.00+25.31%
9/13/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$60.00+13.23%
7/18/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$40.00 ➝ $52.00+9.61%
9/26/2022Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Connor Lynagh
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetEqual Weight$50.00 ➝ $55.00+50.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:38 PM ET.

WHD Frequently Asked Questions

What is Cactus's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Cactus is $55.14, with a high forecast of $60.00 and a low forecast of $43.00. The consensus rating for Cactus stock is Hold based on the current 1 sell rating, 4 hold ratings and 2 buy ratings for WHD. Learn more on WHD's analyst rating history.

Do Wall Street analysts like Cactus more than its competitors?

Analysts like Cactus less than other "oils/energy" companies. The consensus rating for Cactus is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how WHD compares to other companies.

Does Cactus's stock price have much upside?

According to analysts, Cactus's stock has a predicted upside of 13.10% based on their 12-month stock forecasts.

What analysts cover Cactus?

Cactus has been rated by research analysts at Bank of America, Barclays, and Benchmark in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:WHD) was last updated on 5/24/2024 by MarketBeat.com Staff

From Our Partners