Cactus Future Growth

Future criteria checks 4/6

Cactus is forecast to grow earnings and revenue by 24.3% and 4.2% per annum respectively. EPS is expected to grow by 15.3% per annum. Return on equity is forecast to be 21.8% in 3 years.

Key information

24.3%

Earnings growth rate

15.3%

EPS growth rate

Energy Services earnings growth	20.5%
Revenue growth rate	4.2%
Future return on equity	21.8%
Analyst coverage	Good
Last updated	06 May 2024

Recent future growth updates

Recent updates

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

Jan 25

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

Jan 07

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

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

Oct 16

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

Oct 01

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

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

Aug 22

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

Jul 26

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

Jun 11

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

May 26

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

Apr 25

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

Feb 23

Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.11

Jan 27

Cactus declares $0.11 dividend

Jan 18

Cactus: Interesting Start To 2023

Jan 05

Is Cactus, Inc. (NYSE:WHD) Trading At A 40% Discount?

Oct 28

Cactus (NYSE:WHD) Will Be Hoping To Turn Its Returns On Capital Around

Oct 10

Cactus' (NYSE:WHD) Dividend Will Be $0.11

Aug 07

Cactus Non-GAAP EPS of $0.44 beats by $0.08, revenue of $170.22M beats by $9.11M

Aug 04

Earnings and Revenue Growth Forecasts

NYSE:WHD - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,284	N/A	N/A	N/A	1
12/31/2025	1,220	249	252	343	7
12/31/2024	1,110	181	223	285	4
3/31/2024	1,143	165	330	366	N/A
12/31/2023	1,097	169	296	340	N/A
9/30/2023	1,010	151	247	288	N/A
6/30/2023	906	130	200	238	N/A
3/31/2023	771	132	125	161	N/A
12/31/2022	688	110	90	118	N/A
9/30/2022	631	94	66	90	N/A
6/30/2022	561	75	47	69	N/A
3/31/2022	500	59	46	65	N/A
12/31/2021	439	50	50	64	N/A
9/30/2021	377	38	61	74	N/A
6/30/2021	321	31	73	84	N/A
3/31/2021	279	27	96	114	N/A
12/31/2020	349	34	119	143	N/A
9/30/2020	421	49	142	183	N/A
6/30/2020	522	62	165	214	N/A
3/31/2020	624	78	166	221	N/A
12/31/2019	628	86	150	210	N/A
9/30/2019	628	84	138	193	N/A
6/30/2019	618	84	117	185	N/A
3/31/2019	588	75	94	163	N/A
12/31/2018	544	52	97	167	N/A
9/30/2018	509	101	72	138	N/A
6/30/2018	454	83	61	109	N/A
3/31/2018	398	70	28	67	N/A
12/31/2017	341	67	N/A	35	N/A
9/30/2017	286	32	N/A	15	N/A
6/30/2017	227	-2	N/A	7	N/A
3/31/2017	178	-4	N/A	13	N/A
12/31/2016	155	-8	N/A	24	N/A
12/31/2015	221	11	N/A	46	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WHD's forecast earnings growth (24.3% per year) is above the savings rate (2.4%).

Earnings vs Market: WHD's earnings (24.3% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: WHD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WHD's revenue (4.2% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: WHD's revenue (4.2% 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 (21.8%)

Cactus Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Cactus, Inc. Provides Revenue Guidance for the Third Quarter

Consensus EPS estimates increase by 15%

Price target decreased by 7.6% to US$54.33

Consensus revenue estimates increase by 15%, EPS downgraded

Price target increased to US$56.00

Price target increased to US$56.00

Recent updates

First quarter dividend of US$0.12 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Cactus, Inc. Approves Quarterly Cash Dividend on Class A Common Stock with Payment to Occur on June 13, 2024

Cactus, Inc. to Report Q1, 2024 Results on May 01, 2024

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

Cactus, Inc., Annual General Meeting, May 14, 2024

President & Director exercised options and sold US$401k worth of stock

Cactus Corrects Course, But Energy Market Concerns Remain

Cactus, Inc. Announces Executive Changes

CEO & Chairman of the Board recently sold US$3.6m worth of stock

CEO & Chairman of the Board notifies of intention to sell stock

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.12 per share

Cactus, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Now 23% undervalued after recent price drop

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

Third quarter dividend of US$0.12 announced

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

Cactus, Inc. Announces Quarterly Cash Dividend, Payable on March 14, 2024

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

New minor risk - Shareholder dilution

Cactus Pays Off Debt As Industry Consolidates And Rig Counts Slide

Upcoming dividend of US$0.12 per share at 1.1% yield

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

Cactus, Inc. Declares Quarterly Cash Dividend, Payable on December 14, 2023

Third quarter 2023 earnings: EPS misses analyst expectations

Cactus, Inc. Announces CFO Changes

Cactus, Inc. Announces the Appointment of Stephen Tadlock as the CEO of the Spoolable Technologies Segment

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

Cactus, Inc. to Report Q3, 2023 Results on Nov 08, 2023

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

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

Cactus Is Sufficiently Balanced To Absorb The Topline And Margin Pressure

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

President & Director recently sold US$14m worth of stock

New minor risk - Shareholder dilution

CEO & Chairman of the Board notifies of intention to sell stock

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

Executive VP & CFO recently sold US$1.7m worth of stock

Upcoming dividend of US$0.12 per share at 1.0% yield

Now 20% undervalued

Cactus, Inc. Provides Revenue Guidance for the Third Quarter

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Cactus, Inc. to Report Q2, 2023 Results on Aug 07, 2023

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

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

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

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

Cactus, Inc. (NYSE:WHD) announces an Equity Buyback for $150 million worth of its shares.

Investor sentiment improves as stock rises 19%

General Counsel exercised options and sold US$63k worth of stock

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

Upcoming dividend of US$0.11 per share at 1.2% yield

Cactus, Inc. Approves A Quarterly Cash Dividend, Payable on June 15, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Consensus EPS estimates increase by 15%

Senior VP exercised options and sold US$546k worth of stock

Investor sentiment deteriorates as stock falls 15%

Insider notifies of intention to sell stock

Insider recently sold US$143k worth of stock

Price target decreased by 7.6% to US$54.33

Consensus revenue estimates increase by 15%, EPS downgraded

Full year 2022 earnings: EPS exceeds analyst expectations

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

Upcoming dividend of US$0.11 per share at 0.8% yield

Cactus, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Insufficient new directors