Cactus, Inc. (WHD)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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.
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”...
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...
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...
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.
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...
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...
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...
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...
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. ...