WHD - Cactus Inc Stock Price, Fair Value and News

51.17USD+0.53 (+1.05%)Market Closed

Market Summary

USD51.17+0.53

Market Closed

1.05%

WHD Alerts

3 major insider sales recently.

Big fall in earnings (Y/Y)

WHD Stock Price

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WHD RSI Chart

WHD Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

24.38

Price/Sales (Trailing)

2.93

EV/EBITDA

9.15

Price/Free Cashflow

9.13

WHD Price/Sales (Trailing)

WHD Profitability

EBT Margin

23.75%

Return on Equity

12.46%

Return on Assets

8.7%

Free Cashflow Yield

10.95%

WHD Fundamentals

WHD Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

20.02%

Rev. Growth (Qtr)

-0.27%

WHD Earnings

Earnings (TTM)

137.1M

Earnings Growth (Yr)

-74.71%

Earnings Growth (Qtr)

-77.83%

Breaking Down WHD Revenue

Last 7 days

-0.6%

Last 30 days

0.5%

Last 90 days

18.6%

Trailing 12 Months

43.2%

How does WHD drawdown profile look like?

WHD Financial Health

Current Ratio

3.24

Debt/Equity

0.03

Debt/Cashflow

12.2

WHD Investor Care

Dividend Yield

0.92%

Dividend/Share (TTM)

0.47

Shares Dilution (1Y)

7.58%

Diluted EPS (TTM)

2.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	770.9M	906.5M	1.0B	1.1B
2022	500.1M	561.4M	630.5M	688.4M
2021	278.8M	321.2M	376.8M	438.6M
2020	623.7M	521.7M	420.7M	348.6M
2019	587.9M	617.9M	628.0M	628.4M
2018	397.8M	454.5M	509.1M	544.1M
2017	177.7M	226.7M	286.0M	341.2M
2016	204.8M	188.2M	171.6M	155.0M
2015	0	0	0	221.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Cactus Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	bender scott	sold	-18,316,500	51.098	-358,458	chairman and ceo
May 09, 2024	marsh william d	sold	-105,071	51.03	-2,059	gc, evp and secretary
May 09, 2024	bender joel	sold	-18,316,500	51.098	-358,458	president
May 08, 2024	bender scott	sold	-2,038,210	51.01	-39,957	chairman and ceo
May 08, 2024	bender joel	sold	-2,038,210	51.01	-39,957	president
May 07, 2024	bender joel	sold	-	-	-600,000	president
May 07, 2024	bender scott	acquired	-	-	600,000	chairman and ceo
May 07, 2024	bender scott	sold	-	-	-600,000	chairman and ceo
May 07, 2024	bender scott	sold	-10,488,500	52.03	-201,585	chairman and ceo
May 07, 2024	bender scott	back to issuer	-	-	-600,000	chairman and ceo

Which funds bought or sold WHD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	TRUIST FINANCIAL CORP	reduced	-44.77	-156,872	244,701	-%
May 13, 2024	Nuveen Asset Management, LLC	reduced	-2.19	932,542	12,714,800	-%
May 13, 2024	ENVESTNET ASSET MANAGEMENT INC	reduced	-4.93	175,995	3,777,300	-%
May 13, 2024	ROYCE & ASSOCIATES LP	reduced	-5.35	555,464	13,086,400	0.12%
May 13, 2024	CANADA LIFE ASSURANCE Co	reduced	-55.26	-412,000	407,000	-%
May 13, 2024	Ameritas Investment Partners, Inc.	unchanged	-	31,405	335,403	0.01%
May 13, 2024	FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	reduced	-4.18	1,069,760	19,784,500	0.13%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	added	3.54	8,843,450	70,928,100	0.01%
May 13, 2024	STRS OHIO	added	35.53	1,810,000	5,464,000	0.02%
May 13, 2024	Brandywine Global Investment Management, LLC	added	3.9	782,213	6,129,060	0.04%

Are Funds Buying or Selling WHD?

Are funds buying WHD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WHD

No. of Funds

Unveiling Cactus Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 16, 2024	t. rowe price investment management, inc.	3.3%	2,139,328	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	3.3%	2,139,328	SC 13G
Feb 14, 2024	cactus wh enterprises, llc	15.8%	12,566,793	SC 13G/A
Feb 12, 2024	fmr llc	-	0	SC 13G/A
Feb 12, 2024	vanguard group inc	10.00%	6,533,086	SC 13G/A
Feb 12, 2024	vanguard group inc	9.98%	6,518,664	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 26, 2024	blackrock inc.	7.8%	5,068,881	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	5.0%	3,051,367	SC 13G
Feb 14, 2023	alliancebernstein l.p.	3.4%	2,069,440	SC 13G/A

Recent SEC filings of Cactus Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	8-K	Current Report
May 09, 2024	144	Notice of Insider Sale Intent
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
May 07, 2024	144	Notice of Insider Sale Intent
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 16, 2024	144	Notice of Insider Sale Intent

Cactus Inc News

Latest updates

Cactus Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.3%	274	275	288	306	228	188	184	170	146	130	115	109	84.00	68.00	60.00	67.00	154	140	161	168	159
Operating Expenses	7.8%	212	196	200	257	179	140	133	126	115	104	95.00	92.00	73.00	60.00	47.00	58.00	114	104	114	117	110
S&GA Expenses	-0.5%	29.00	30.00	30.00	38.00	30.00	23.00	16.00	15.00	14.00	13.00	12.00	11.00	10.00	9.00	8.00	9.00	14.00	12.00	13.00	13.00	13.00
EBITDA Margin	-	0.30*	-	0.29*	0.28*	0.32*	0.31*	0.31*	0.29*	0.27*	0.26*	0.26*	0.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	1.00	-	2.00	3.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-21.0%	13.00	17.00	18.00	10.00	2.00	8.00	12.00	9.00	3.00	7.00	3.00	1.00	-4.06	2.00	0.00	1.00	7.00	10.00	12.00	11.00	-0.97
Earnings Before Taxes	-20.0%	63.00	79.00	86.00	43.00	54.00	49.00	54.00	45.00	30.00	27.00	20.00	16.00	11.00	8.00	11.00	10.00	41.00	41.00	48.00	52.00	47.00
EBT Margin	-0.7%	0.24*	0.24*	0.23*	0.22*	0.26*	0.26*	0.25*	0.22*	0.19*	0.17*	0.15*	-	-	-	-	-	-	-	-	-	-
Net Income	-77.8%	11.00	49.00	53.00	25.00	43.00	31.00	31.00	27.00	21.00	15.00	13.00	10.00	12.00	3.00	6.00	6.00	19.00	18.00	19.00	21.00	27.00
Net Income Margin	-22.2%	0.12*	0.15*	0.15*	0.14*	0.17*	0.16*	0.15*	0.13*	0.12*	0.11*	0.10*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-5.9%	86.00	92.00	80.00	108	60.00	39.00	30.00	31.00	17.00	12.00	9.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.5%	1,576	1,523	1,464	1,476	1,520	1,119	1,095	1,070	1,026	982	964	945	878	816	811	822	850	835	811	794	743
Current Assets	10.9%	617	556	493	499	527	655	627	595	546	518	492	474	439	425	412	417	435	415	387	365	315
Cash Equivalents	45.2%	194	134	64.00	64.00	75.00	345	321	312	298	302	302	309	292	289	274	271	230	203	168	131	88.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	139	143	149	157	163	162	157	156	149
Goodwill	0%	203	203	201	203	201	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
Liabilities	3.8%	475	458	454	524	594	408	420	426	411	387	384	374	319	265	265	274	308	319	322	339	326
Current Liabilities	8.5%	191	176	177	181	187	117	132	114	102	93.00	88.00	74.00	55.00	49.00	48.00	59.00	81.00	91.00	90.00	93.00	84.00
Long Term Debt	-	-	-	-	30.00	112	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	-	-	-	-	25.00	40.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	30.00	112	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	27.2%	1,101	866	821	953	926	572	676	644	615	595	580	571	559	551	547	548	542	516	489	455	416
Retained Earnings	7.7%	432	401	360	315	298	262	238	213	192	178	169	163	157	150	151	149	148	133	119	100	78.00
Additional Paid-In Capital	-0.5%	462	465	462	446	440	311	308	304	299	290	287	279	248	202	200	197	195	194	193	193	190
Shares Outstanding	-	-	-	14.00	15.00	15.00	15.00	15.00	15.00	16.00	17.00	17.00	18.00	21.00	28.00	-	-	-	-	-	-	-
Minority Interest	4.0%	207	199	189	192	189	139	131	127	123	126	123	129	153	198	196	201	200	189	177	161	148
Float	-	-	-	-	2,700	-	-	-	2,400	-	-	-	2,100	-	-	-	1,000	-	-	-	2.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-5.9%	86,263	91,678	80,084	108,056	60,462	39,279	30,382	31,014	17,209	11,675	8,855	27,482	15,747	21,895	18,936	57,388	45,161	61,441	49,873	64,079	34,239
Share Based Compensation	-3.2%	4,432	4,579	4,362	5,323	3,841	2,597	3,018	2,350	2,666	2,074	2,108	2,435	2,003	2,163	2,232	2,231	1,973	1,738	1,689	1,892	1,676
Cashflow From Investing	28.7%	-6,808	-9,551	-5,723	-6,367	-633,152	-6,040	-6,620	-5,582	-7,294	-3,216	-4,064	-2,325	-2,028	-1,653	56.00	-8,212	-8,338	-18,233	-8,966	-14,902	-13,847
Cashflow From Financing	-50.5%	-20,127	-13,376	-74,036	-112,476	303,163	-10,195	-13,022	-9,985	-14,180	-9,034	-11,715	-8,156	-10,483	-6,116	-16,160	-8,326	-9,604	-8,627	-3,955	-5,532	-3,555
Dividend Payments	-100.0%	-	7,858	7,797	7,116	7,353	6,704	6,680	6,671	6,664	5,909	5,823	4,929	4,497	4,293	4,279	4,287	4,281	4,244	-	-	-
Buy Backs	418.8%	3,372	650	49.00	159	4,343	68.00	-	71.00	4,424	91.00	18.00	36.00	3,138	60.00	-	29.00	1,356	20.00	13.00	42.00	1,474

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WHD Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Total revenues	$ 274,123	$ 228,405
Costs and expenses
Selling, general and administrative expenses	29,422	29,901
Change in fair value of earn-out liability	13,304	0
Total costs and expenses	211,573	178,717
Operating income	62,550	49,688
Interest income, net	689	1,002
Other income, net	0	3,538
Income before income taxes	63,239	54,228
Income tax expense	13,424	1,940
Net income	49,815	52,288
Less: net income attributable to non-controlling interest	10,850	9,394
Net income attributable to Cactus Inc.	$ 38,965	$ 42,894
Class A Common Stock
Earnings per share and weighted average shares outstanding
Earnings per Class A share - basic (in dollars per share)	$ 0.60	$ 0.67
Earnings per Class A share - diluted (in dollars per share)	$ 0.59	$ 0.63
Weighted average Class A shares outstanding - basic (in shares)	65,378	63,740
Weighted average Class A shares outstanding - diluted (in shares)	79,556	79,155
Product revenue
Revenues
Total revenues	$ 207,511	$ 159,510
Costs and expenses
Cost of revenue	120,666	100,815
Rental revenue
Revenues
Total revenues	23,943	27,817
Costs and expenses
Cost of revenue	12,946	16,084
Field service and other revenue
Revenues
Total revenues	42,669	41,078
Costs and expenses
Cost of revenue	$ 35,235	$ 31,917

WHD Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 194,257	$ 133,792
Accounts receivable, net of allowance of $3,803 and $3,642, respectively	207,624	205,381
Inventories	204,049	205,625
Prepaid expenses and other current assets	11,027	11,380
Total current assets	616,957	556,178
Noncurrent assets
Property and equipment, net	344,973	345,502
Operating lease right-of-use assets, net	24,429	23,496
Intangible assets, net	175,981	179,978
Goodwill	203,028	203,028
Deferred tax asset, net	201,037	204,852
Other noncurrent assets	9,482	9,527
Total assets	1,575,887	1,522,561
Current liabilities
Accounts payable	66,142	71,841
Accrued expenses and other current liabilities	58,284	50,654
Earn-out liability	34,114	20,810
Current portion of liability related to tax receivable agreement	20,855	20,855
Finance lease obligations, current portion	7,181	7,280
Operating lease liabilities, current portion	4,094	4,220
Total current liabilities	190,670	175,660
Noncurrent liabilities
Deferred tax liability, net	3,743	3,589
Liability related to tax receivable agreement, net of current portion	250,069	250,069
Finance lease obligations, net of current portion	9,529	9,352
Operating lease liabilities, net of current portion	20,283	19,121
Other noncurrent liabilities	1,004	0
Total liabilities	475,298	457,791
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding	0	0
Additional paid-in capital	462,464	465,012
Retained earnings	431,703	400,682
Accumulated other comprehensive loss	(1,456)	(826)
Total stockholders’ equity attributable to Cactus Inc.	893,366	865,522
Non-controlling interest	207,223	199,248
Total stockholders’ equity	1,100,589	1,064,770
Total liabilities and equity	1,575,887	1,522,561
Class A Common Stock
Stockholders’ equity
Common stock, $0.01 par value	655	654
Class B Common Stock
Stockholders’ equity
Common stock, $0.01 par value	$ 0	$ 0

About Cactus Inc

Cactus, Inc. designs, manufactures, and sells 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. The company sells or rents its products for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

CEO	Mr. Scott J. Bender
WEBSITE	cactuswhd.com
INDUSTRY	Oil - Services
EMPLOYEES	1200

Cactus Inc Frequently Asked Questions

What is the ticker symbol for Cactus Inc? What does WHD stand for in stocks?

WHD is the stock ticker symbol of Cactus Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cactus Inc (WHD)?

As of Tue May 14 2024, market cap of Cactus Inc is 3.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WHD stock?

You can check WHD's fair value in chart for subscribers.

What is the fair value of WHD stock?

You can check WHD's fair value in chart for subscribers. The fair value of Cactus Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cactus Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WHD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cactus Inc a good stock to buy?

The fair value guage provides a quick view whether WHD is over valued or under valued. Whether Cactus Inc is cheap or expensive depends on the assumptions which impact Cactus Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WHD.

What is Cactus Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 14 2024, WHD's PE ratio (Price to Earnings) is 24.38 and Price to Sales (PS) ratio is 2.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WHD PE ratio will change depending on the future growth rate expectations of investors.