WHD Stock Overview
Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia.
No risks detected for WHD from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$45.52|
|52 Week High||US$64.18|
|52 Week Low||US$34.70|
|1 Month Change||8.20%|
|3 Month Change||14.52%|
|1 Year Change||15.74%|
|3 Year Change||64.69%|
|5 Year Change||n/a|
|Change since IPO||124.79%|
Recent News & Updates
Cactus' (NYSE:WHD) Dividend Will Be $0.11
Cactus, Inc. ( NYSE:WHD ) has announced that it will pay a dividend of $0.11 per share on the 15th of September. This...
|WHD||US Energy Services||US Market|
Return vs Industry: WHD exceeded the US Energy Services industry which returned 12.5% over the past year.
Return vs Market: WHD exceeded the US Market which returned -18.2% over the past year.
|WHD Average Weekly Movement||8.5%|
|Energy Services Industry Average Movement||8.8%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: WHD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: WHD's weekly volatility (8%) has been stable over the past year.
About the Company
Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. The company’s principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services.
Cactus Fundamentals Summary
|WHD fundamental statistics|
Is WHD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WHD income statement (TTM)|
|Cost of Revenue||US$385.84m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.24|
|Net Profit Margin||13.43%|
How did WHD perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is WHD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WHD?
Other financial metrics that can be useful for relative valuation.
|What is WHD's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WHD's PE Ratio compare to its peers?
|WHD PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PFHC ProFrac Holding
NEX NexTier Oilfield Solutions
Price-To-Earnings vs Peers: WHD is expensive based on its Price-To-Earnings Ratio (36.6x) compared to the peer average (28.8x).
Price to Earnings Ratio vs Industry
How does WHD's PE Ratio compare vs other companies in the US Energy Services Industry?
Price-To-Earnings vs Industry: WHD is expensive based on its Price-To-Earnings Ratio (36.6x) compared to the US Energy Services industry average (26.2x)
Price to Earnings Ratio vs Fair Ratio
What is WHD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||36.6x|
|Fair PE Ratio||26.1x|
Price-To-Earnings vs Fair Ratio: WHD is expensive based on its Price-To-Earnings Ratio (36.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.1x).
Share Price vs Fair Value
What is the Fair Price of WHD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WHD ($45.52) is trading below our estimate of fair value ($98.54)
Significantly Below Fair Value: WHD is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Cactus forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WHD's forecast earnings growth (36.5% per year) is above the savings rate (1.9%).
Earnings vs Market: WHD's earnings (36.5% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: WHD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WHD's revenue (14.6% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: WHD's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WHD's Return on Equity is forecast to be high in 3 years time (25%)
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How has Cactus performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WHD has high quality earnings.
Growing Profit Margin: WHD's current net profit margins (13.4%) are higher than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: WHD has become profitable over the past 5 years, growing earnings by -2% per year.
Accelerating Growth: WHD's earnings growth over the past year (140.2%) exceeds its 5-year average (-2% per year).
Earnings vs Industry: WHD earnings growth over the past year (140.2%) exceeded the Energy Services industry 44.1%.
Return on Equity
High ROE: WHD's Return on Equity (15.6%) is considered low.
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How is Cactus's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WHD's short term assets ($594.5M) exceed its short term liabilities ($113.6M).
Long Term Liabilities: WHD's short term assets ($594.5M) exceed its long term liabilities ($312.7M).
Debt to Equity History and Analysis
Debt Level: WHD is debt free.
Reducing Debt: WHD currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: WHD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WHD has no debt, therefore coverage of interest payments is not a concern.
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What is Cactus's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Cactus Dividend Yield vs Market|
|Market Bottom 25% (US)||1.6%|
|Market Top 25% (US)||4.5%|
|Industry Average (Energy Services)||2.1%|
|Analyst forecast in 3 Years (Cactus)||0.9%|
Notable Dividend: WHD's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: WHD's dividend (0.97%) is low compared to the top 25% of dividend payers in the US market (4.53%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WHD has been paying a dividend for less than 10 years.
Growing Dividend: WHD's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), WHD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.8%), WHD's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Bender (68 yo)
Mr. Scott J. Bender has been President, Chief Executive Officer and Director of Cactus, Inc. since 2011. He is the President and Chief Executive Officer of Cactus Wellhead, LLC. Mr. Bender founded Cactus L...
CEO Compensation Analysis
|Scott Bender's Compensation vs Cactus Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$2m||US$225k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$2m||US$123k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$2m||US$300k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$2m||US$300k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$585k||US$260k|
Compensation vs Market: Scott's total compensation ($USD2.03M) is below average for companies of similar size in the US market ($USD6.80M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
Experienced Management: WHD's management team is considered experienced (3.6 years average tenure).
Experienced Board: WHD's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|07 Jun 22||SellUS$30,386,944||Scott Bender||Individual||562,336||US$55.04|
|07 Jun 22||SellUS$29,286,144||Joel Bender||Individual||542,336||US$54.00|
|27 May 22||SellUS$1,304,832||Scott Bender||Individual||24,680||US$52.87|
|26 May 22||SellUS$2,083,054||Steven Bender||Individual||40,259||US$52.72|
|23 May 22||SellUS$1,001,400||Steven Bender||Individual||20,000||US$50.07|
|19 May 22||SellUS$960,000||Steven Bender||Individual||20,000||US$48.00|
|19 May 22||SellUS$9,051,355||Joel Bender||Individual||188,784||US$48.00|
|19 May 22||SellUS$8,640,000||Scott Bender||Individual||180,000||US$48.00|
|19 May 22||SellUS$746,490||Joel Bender||Individual||15,151||US$49.27|
|18 May 22||SellUS$1,159,382||Michael McGovern||Individual||24,024||US$49.35|
|16 May 22||SellUS$976,800||Alan Semple||Individual||20,000||US$48.84|
|15 Mar 22||SellUS$1,048,074||Steven Bender||Individual||19,741||US$55.99|
|10 Mar 22||SellUS$86,768||Donna Anderson||Individual||1,496||US$58.00|
|08 Mar 22||SellUS$420,750||Gary Rosenthal||Individual||7,000||US$60.12|
|08 Mar 22||SellUS$319,308||David Isaac||Individual||5,091||US$62.72|
|08 Mar 22||SellUS$1,636,784||Stephen Tadlock||Individual||26,022||US$62.90|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Cactus, Inc.'s employee growth, exchange listings and data sources
- Name: Cactus, Inc.
- Ticker: WHD
- Exchange: NYSE
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$3.409b
- Market Cap: US$2.759b
- Shares outstanding: 75.88m
- Website: https://www.cactuswhd.com
Number of Employees
- Cactus, Inc.
- 920 Memorial City Way
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WHD||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Feb 2018|
|43C||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Feb 2018|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/05 00:00|
|End of Day Share Price||2022/10/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.