Cactus, Inc. (WHD)

NYSE: WHD · IEX Real-Time Price · USD
49.80
+0.19 (0.38%)
Mar 27, 2024, 4:00 PM EDT - Market closed
0.38%
Market Cap 3.27B
Revenue (ttm) 1.10B
Net Income (ttm) 169.17M
Shares Out 65.32M
EPS (ttm) 2.57
PE Ratio 19.38
Forward PE 16.18
Dividend $0.48 (0.96%)
Ex-Dividend Date Feb 23, 2024
Volume 528,810
Open 49.53
Previous Close 49.61
Day's Range 49.42 - 50.08
52-Week Range 31.37 - 57.00
Beta 1.96
Analysts Hold
Price Target 55.17 (+10.78%)
Earnings Date May 7, 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 7 analysts, the average rating for WHD stock is "Hold." The 12-month stock price forecast is $55.17, which is an increase of 10.78% from the latest price.

Price Target
$55.17
(10.78% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 weeks 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...

7 weeks 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...

2 months ago - Business Wire

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...

5 months 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...

5 months 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...

6 months ago - Business Wire

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...

8 months 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....

9 months ago - Business Wire

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...

10 months ago - Business Wire

Cactus Announces First Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2023. First Quarter Highlights Closed the acquis...

11 months ago - Business Wire

Cactus Announces Timing of First 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 first quarter 2023 earnings release before market open on Tuesday, May 9, 2023. Th...

1 year ago - Business Wire

Cactus Completes Previously Announced Acquisition of FlexSteel

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) and its affiliates (“Cactus” or the “Company”) today announced the completion of the acquisition of FlexSteel Holdings, Inc. and certain of its affil...

1 year ago - Business Wire

Cactus Announces Fourth Quarter and Full Year 2022 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 2022. Fourth Quarter 2022 Highlights...

1 year ago - Business Wire

Cactus Announces Expiration of Hart-Scott-Rodino Waiting Period for the Pending FlexSteel Transaction

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as a...

1 year ago - Business Wire

Cactus Announces Timing of Fourth Quarter and Full Year 2022 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 2022 earnings release after market close on Wednesd...

1 year ago - Business Wire

Pickering Energy Partners Acted as Co-Manager to Cactus, Inc.

HOUSTON--(BUSINESS WIRE)--Pickering Energy Partners (“PEP”) acted as a co-manager on the $150,000,000 follow-on public offering for Cactus, Inc. (NYSE: WHD) which closed on January 13, 2023.

1 year ago - Business Wire

Cactus Prices Upsized Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus”) announced today the pricing of an underwritten offering (the “Offering”) of 2,803,739 shares of its Class A common stock (“common stock”...

1 year ago - Business Wire

Cactus Announces Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus”) announced today the commencement of an underwritten offering (the “Offering”) of $125,000,000 of its Class A common stock (“common stock...

1 year ago - Business Wire

Cactus Announces Agreement to Acquire FlexSteel

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Hol...

1 year ago - Business Wire

Cactus Announces Third Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2022.

1 year ago - Business Wire

Cactus Announces Timing of Third Quarter 2022 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 2022 earnings release before market open on Monday, November 7, 2022...

1 year ago - Business Wire

Cactus Announces Second Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2022. Second Quarter Highlights Revenue of $170...

1 year ago - Business Wire

Cactus Announces Timing of Second Quarter 2022 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 2022 earnings release before market open on Thursday, August 4, 202...

1 year ago - Business Wire

Cactus Announces First Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2022. First Quarter Highlights Revenue of $145.9...

2 years ago - Business Wire

Cactus Announces Timing of First Quarter 2022 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 2022 earnings release after market close on Wednesday, May 4, 2022. ...

2 years ago - Business Wire