Cactus, Inc. (WHD)

NYSE: WHD · Real-Time Price · USD
65.29
+0.07 (0.11%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.11%
Market Cap 5.20B
Revenue (ttm) 1.13B
Net Income (ttm) 187.67M
Shares Out 79.58M
EPS (ttm) 2.84
PE Ratio 23.00
Forward PE 20.36
Dividend $0.52 (0.80%)
Ex-Dividend Date Dec 2, 2024
Volume 918,504
Open 65.56
Previous Close 65.22
Day's Range 64.40 - 66.50
52-Week Range 37.58 - 70.01
Beta 1.95
Analysts Hold
Price Target 56.40 (-13.62%)
Earnings Date Oct 30, 2024

About WHD

Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas well... [Read more]

Sector Energy
IPO Date Feb 8, 2018
Employees 1,600
Stock Exchange NYSE
Ticker Symbol WHD
Full Company Profile

Financial Performance

In 2023, Cactus's revenue was $1.10 billion, an increase of 59.36% compared to the previous year's $688.37 million. Earnings were $169.17 million, an increase of 53.55%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for WHD stock is "Hold." The 12-month stock price forecast is $56.4, which is a decrease of -13.62% from the latest price.

Price Target
$56.4
(-13.62% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Cactus Inc. (WHD) Q3 2024 Earnings Call Transcript

Cactus Inc. (NYSE:WHD) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants John Fitzgerald - Director of Corporate Development & Investor Relations Scott Bender - Chief...

20 days ago - Seeking Alpha

Cactus Announces Third Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2024. Third Quarter Highlights Revenue of $293.2...

21 days ago - Business Wire

Cactus Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2024 earnings release after market close on Wednesday, October 30, 2...

5 weeks ago - Business Wire

14 Upcoming Dividend Increases Including 2 Kings

Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with ...

3 months ago - Seeking Alpha

Cactus Inc (WHD) Q2 2024 Earnings Call Transcript

Cactus Inc (NYSE:WHD) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Alan Boyd - Director of Corporate Development & Investor Relations Scott Bender - Chief Executive...

3 months ago - Seeking Alpha

Cactus Announces Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2024. Second Quarter Highlights Revenue of $290...

4 months ago - Business Wire

Cactus Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2024 earnings release after market close on Wednesday, July 31, 202...

4 months ago - Business Wire

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

5 months ago - PRNewsWire

Cactus Announces Appointment of Jay Nutt as Chief Financial Officer

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the Board of Directors has appointed Jay Nutt as Executive Vice President, Chief Financial Officer and Tr...

6 months ago - Business Wire

Cactus Inc (WHD) Q1 2024 Earnings Call Transcript

Cactus Inc (NYSE:WHD) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Alan Boyd - Director of Corporate Development & Investor Relations Alan Keifer - Interim CFO, Princi...

7 months ago - Seeking Alpha

Cactus Announces First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2024. First Quarter Highlights Revenue of $274.1...

7 months ago - Business Wire

Cactus Announces Timing of First Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2024 earnings release after market close on Wednesday, May 1, 2024. ...

7 months ago - Business Wire

Cactus Announces Fourth Quarter and Full Year 2023 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year of 2023. Fourth Quarter Highlights R...

9 months ago - Business Wire

Cactus Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2023 earnings release after market close on Wednesday...

10 months ago - Business Wire

Cactus Announces Quarterly Cash Dividend

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.12 per share of Class A common stock w...

10 months ago - Business Wire

Cactus, Inc. (WHD) Q3 2023 Earnings Call Transcript

Cactus, Inc. (NYSE:WHD) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Alan Boyd - Director of Corporate Development and Investor Relations Scott Bender - Chairman...

1 year ago - Seeking Alpha

Cactus Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2023. Third Quarter Highlights Revenue of $287.9...

1 year ago - Business Wire

Cactus Announces Executive Leadership Transition

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the Board of Directors has appointed Stephen Tadlock, currently Executive Vice President and Chief Financ...

1 year ago - Business Wire

Cactus Announces Timing of Third Quarter 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2023 earnings release after market close on Wednesday, November 8, 2...

1 year ago - Business Wire

Cactus Is Sufficiently Balanced To Absorb The Topline And Margin Pressure

Cactus is facing challenges in the energy industry downturn, particularly in its Pressure Control segment. Inflationary pressures on input costs are receding, and supply chain diversification can lowe...

1 year ago - Seeking Alpha

Cactus, Inc. (WHD) Q2 2023 Earnings Call Transcript

Cactus, Inc. (NYSE:WHD) Q2 2023 Earnings Call Transcript August 8, 2023 10:00 AM ET Company Participants Alan Boyd - Director of Corporate Development and IR Scott Bender - Chairman and CEO Steve Tad...

1 year ago - Seeking Alpha

Cactus Announces Second Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2023. Second Quarter Highlights Revenue of $305...

1 year ago - Business Wire

Cactus Announces Timing of Second Quarter 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2023 earnings release after market close on Monday, August 7, 2023....

1 year ago - Business Wire

Cactus, Inc.: A Growth Story As Margin Expands Rapidly

Cactus, Inc. has shown impressive growth in 2023, with revenues increasing by 57% YoY, largely due to higher drilling activity and the acquisitions of FlexSteel. WHD has a global footprint in the oil ...

1 year ago - Seeking Alpha

Cactus Announces $150 Million Stock Repurchase Program

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that the board of directors of the Company has authorized the Company to repurchase shares of its Class A...

1 year ago - Business Wire