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Cactus NYSE:WHD Stock Report

Last Price

US$56.69

Market Cap

US$4.5b

7D

-10.3%

1Y

24.2%

Updated

20 Dec, 2024

Data

Company Financials +

Cactus, Inc.

NYSE:WHD Stock Report

Market Cap: US$4.5b

WHD Stock Overview

Designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. More details

WHD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 10.9% below our estimate of its fair value

Earnings are forecast to grow 15.94% per year

Earnings grew by 24.1% over the past year

Risk Analysis

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 8 Analysts

International Expansion And Product Launches Will Strengthen Future Prospects

Key Takeaways Expansion in the Mideast and reduced reliance on China aim to drive revenue growth and enhance operating margins. New product introductions and strategic cash management could enhance market share and shareholder value.
View narrative
US$62.13
FV
8.7% undervalued intrinsic discount
3.66%
Revenue growth p.a.
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2 days ago author updated this narrative

Cactus, Inc. Competitors

Weatherford International

NasdaqGS:WFRD

US$5.0b

NOV

NYSE:NOV

US$5.5b

Archrock

NYSE:AROC

US$4.2b

Kodiak Gas Services

NYSE:KGS

US$3.4b

Price History & Performance

Summary of share price highs, lows and changes for Cactus
Historical stock prices
Current Share PriceUS$56.69
52 Week HighUS$70.01
52 Week LowUS$37.58
Beta1.96
1 Month Change-13.17%
3 Month Change-10.67%
1 Year Change24.16%
3 Year Change51.90%
5 Year Change65.57%
Change since IPO179.95%

Recent News & Updates

Should You Be Adding Cactus (NYSE:WHD) To Your Watchlist Today?

Dec 12
Should You Be Adding Cactus (NYSE:WHD) To Your Watchlist Today?

Recent updates

Should You Be Adding Cactus (NYSE:WHD) To Your Watchlist Today?

Dec 12
Should You Be Adding Cactus (NYSE:WHD) To Your Watchlist Today?

Is Cactus, Inc. (NYSE:WHD) Expensive For A Reason? A Look At Its Intrinsic Value

Oct 16
Is Cactus, Inc. (NYSE:WHD) Expensive For A Reason? A Look At Its Intrinsic Value

Cactus Looks To Strengthen Margin Despite The Challenges

Oct 06

Cactus, Inc.'s (NYSE:WHD) Shareholders Might Be Looking For Exit

Sep 28
Cactus, Inc.'s (NYSE:WHD) Shareholders Might Be Looking For Exit

Here's Why We Think Cactus (NYSE:WHD) Might Deserve Your Attention Today

Aug 23
Here's Why We Think Cactus (NYSE:WHD) Might Deserve Your Attention Today

Cactus, Inc. Is Too Spiny

Jul 02

Estimating The Intrinsic Value Of Cactus, Inc. (NYSE:WHD)

Jun 13
Estimating The Intrinsic Value Of Cactus, Inc. (NYSE:WHD)

Market Participants Recognise Cactus, Inc.'s (NYSE:WHD) Earnings

May 26
Market Participants Recognise Cactus, Inc.'s (NYSE:WHD) Earnings

Why We Think The CEO Of Cactus, Inc. (NYSE:WHD) May Soon See A Pay Rise

May 08
Why We Think The CEO Of Cactus, Inc. (NYSE:WHD) May Soon See A Pay Rise

Does Cactus (NYSE:WHD) Deserve A Spot On Your Watchlist?

Apr 16
Does Cactus (NYSE:WHD) Deserve A Spot On Your Watchlist?

Cactus Corrects Course, But Energy Market Concerns Remain

Mar 10

Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.12

Jan 27
Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.12

An Intrinsic Calculation For Cactus, Inc. (NYSE:WHD) Suggests It's 26% Undervalued

Jan 25
An Intrinsic Calculation For Cactus, Inc. (NYSE:WHD) Suggests It's 26% Undervalued

Why Investors Shouldn't Be Surprised By Cactus, Inc.'s (NYSE:WHD) P/E

Jan 07
Why Investors Shouldn't Be Surprised By Cactus, Inc.'s (NYSE:WHD) P/E

Cactus Pays Off Debt As Industry Consolidates And Rig Counts Slide

Dec 08

Cactus (NYSE:WHD) Has Affirmed Its Dividend Of $0.12

Nov 12
Cactus (NYSE:WHD) Has Affirmed Its Dividend Of $0.12

Here's Why We Think Cactus (NYSE:WHD) Is Well Worth Watching

Oct 16
Here's Why We Think Cactus (NYSE:WHD) Is Well Worth Watching

Cactus (NYSE:WHD) Could Easily Take On More Debt

Oct 01
Cactus (NYSE:WHD) Could Easily Take On More Debt

Cactus, Inc.: Concerns Regarding Future U.S. Oil Rig Demand

Sep 24

Cactus Is Sufficiently Balanced To Absorb The Topline And Margin Pressure

Sep 13

Is There An Opportunity With Cactus, Inc.'s (NYSE:WHD) 23% Undervaluation?

Sep 13
Is There An Opportunity With Cactus, Inc.'s (NYSE:WHD) 23% Undervaluation?

Cactus (NYSE:WHD) Is Increasing Its Dividend To $0.12

Aug 22
Cactus (NYSE:WHD) Is Increasing Its Dividend To $0.12

There Are Reasons To Feel Uneasy About Cactus' (NYSE:WHD) Returns On Capital

Jul 26
There Are Reasons To Feel Uneasy About Cactus' (NYSE:WHD) Returns On Capital

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

Jul 03

Cactus: Falling Rig Counts A Risk, But Shares Undervalued Amid Strong Growth Trends Ahead

Jun 26

Cactus (NYSE:WHD) Could Easily Take On More Debt

Jun 26
Cactus (NYSE:WHD) Could Easily Take On More Debt

Cactus, Inc. (NYSE:WHD) Shares Could Be 23% Below Their Intrinsic Value Estimate

Jun 11
Cactus, Inc. (NYSE:WHD) Shares Could Be 23% Below Their Intrinsic Value Estimate

We Ran A Stock Scan For Earnings Growth And Cactus (NYSE:WHD) Passed With Ease

May 26
We Ran A Stock Scan For Earnings Growth And Cactus (NYSE:WHD) Passed With Ease

Some Investors May Be Worried About Cactus' (NYSE:WHD) Returns On Capital

Apr 25
Some Investors May Be Worried About Cactus' (NYSE:WHD) Returns On Capital

Cactus Non-GAAP EPS of $0.57 beats by $0.05, revenue of $187.8M misses by $1.49M

Feb 23

Shareholder Returns

WHDUS Energy ServicesUS Market
7D-10.3%-8.4%-3.5%
1Y24.2%-14.5%22.1%

Return vs Industry: WHD exceeded the US Energy Services industry which returned -14.5% over the past year.

Return vs Market: WHD exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is WHD's price volatile compared to industry and market?
WHD volatility
WHD Average Weekly Movement6.0%
Energy Services Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: WHD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WHD's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,600Scott Benderwww.cactuswhd.com

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.

Cactus, Inc. Fundamentals Summary

How do Cactus's earnings and revenue compare to its market cap?
WHD fundamental statistics
Market capUS$4.53b
Earnings (TTM)US$187.67m
Revenue (TTM)US$1.13b

20.1x

P/E Ratio

3.3x

P/S Ratio

Is WHD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WHD income statement (TTM)
RevenueUS$1.13b
Cost of RevenueUS$689.15m
Gross ProfitUS$443.41m
Other ExpensesUS$255.74m
EarningsUS$187.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.82
Gross Margin39.15%
Net Profit Margin16.57%
Debt/Equity Ratio0%

How did WHD perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cactus, Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
J. David AndersonBarclays
J. David AndersonBarclays
Kurt HalleadBenchmark Company