WHD

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Overview
Forecast
Valuation

Line

Candle

YTD

High

43.870

Open

43.870

VWAP

43.86

Vol

27.45K

Mkt Cap

3.50B

Low

43.570

Amount

1.20M

EV/EBITDA(TTM)

9.17

Total Shares

65.71M

3.41B

EV/OCF(TTM)

12.56

P/S(TTM)

2.88

Cactus, Inc. is a holding company. The Company operates through two segments. The Pressure Control segment designs, manufactures, sells and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand. The segment’s products are sold and rented principally' for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers' wells. In addition, it provides field services for all of its products and rental items to assist with the installation, maintenance and handling of the equipment. The Spoolable Technologies segment designs, manufactures and sells spoolable pipe and associated end fittings under the FlexSteel brand. Its customers use these products primarily as production, gathering and takeaway pipelines to transport oil, gas or other liquids. In addition, it also provides field services and rental items to assist its customers with the installation of these products.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

279.40M

-3.78%

0.753

-7%

279.70M

-4.6%

0.745

-5.7%

270.50M

-0.6%

0.697

-1.82%

Estimates Revision

The market is revising Downward the revenue expectations for Cactus, Inc. (WHD) for FY2025, with the revenue forecasts being adjusted by -1.21% over the past three months. During the same period, the stock price has changed by -28.71%.

Revenue Estimates for FY2025

Revise Downward

-1.21%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-11.24%

In Past 3 Month

Stock Price

Go Down

-28.71%

In Past 3 Month

5 Analyst Rating

20.41% Upside

Wall Street analysts forecast WHD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WHD is 52.50 USD with a low forecast of 48.00 USD and a high forecast of 57.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

3 Hold

1 Sell

Hold

20.41% Upside

Current: 43.600

Low

48.00

Averages

52.50

High

57.00

20.41% Upside

Current: 43.600

Low

48.00

Averages

52.50

High

57.00

Stifel

Stephen Gengaro

Strong Buy

Maintains

$61 → $57

2025-05-02

Reason

Stifel

Stephen Gengaro

Price Target

$61 → $57

2025-05-02

Maintains

Strong Buy

Reason

Stifel lowered the firm's price target on Cactus to $57 from $61 and keeps a Buy rating on the shares. The firm believes Cactus' "robust" Q1 results, driven by solid execution across both operating segments, highlights the strength of its product and service offerings, but is trimming 2025-26 estimates and reducing its price target to reflect uncertainty around tariff implications and an updated outlook for U.S. land activity.

Barclays

David Anderson

Hold

Maintains

$54 → $51

2025-05-02

Reason

Barclays

David Anderson

Price Target

$54 → $51

2025-05-02

Maintains

Hold

Reason

Barclays lowered the firm's price target on Cactus to $51 from $54 and keeps an Equal Weight rating on the shares. With a large portion of its product costs related to imports from China and U.S. manufacturing reliant on steel imports, Cactus has been at the center of the tariff debate for the past several months, the analyst tells investors. However, by shifting manufacturing capacity from Vietnam, Cactus expects to mitigate the tariff impact in 12 months while navigating a slowing U.S. market, notes the analyst, who lowered the firm's FY25 and FY26 EBITDA estimates by 5% and 7%, respectively.

Stifel

Stephen Gengaro

Strong Buy

Maintains

$64 → $61

2025-04-15

Reason

Stifel

Stephen Gengaro

Price Target

$64 → $61

2025-04-15

Maintains

Strong Buy

Reason

Stifel lowered the firm's price target on Cactus to $61 from $64 and keeps a Buy rating on the shares. Ahead of Q1 earnings season, the firm is updating its oilfield services and equipment group earnings models to reflect modestly lower Q1 activity than expected as well as a more cautious near-term outlook, the analyst tells investors in a preview.

Barclays

David Anderson

Hold

Maintains

$61 → $54

2025-03-05

Reason

Barclays

David Anderson

Price Target

$61 → $54

2025-03-05

Maintains

Hold

Reason

Barclays analyst J. David Anderson lowered the firm's price target on Cactus to $54 from $61 and keeps an Equal Weight rating on the shares. With U.S. onshore upstream spending now at risk post OPEC actions and tariffs not only impacting China but also the U.S. from higher steel and aluminum costs, Cactus :suddenly faces an uncertain 2025 outlook," the analyst tells investors in a research note.

Barclays

David Anderson

Buy

Hold

Downgrades

$61

2024-11-04

Reason

Barclays

David Anderson

Price Target

$61

2024-11-04

Downgrades

Buy

Hold

Reason

Barclays analyst J. David Anderson downgraded Cactus to Equal Weight from Overweight with an unchanged price target of $61. Quarter after quarter, Cactus has proven it has a differentiated business that will outpace the market under any conditions, the analyst tells investors in a research note. However, the firm says "it doesn't get any easier from here." It believes the company's "premium story" is now fully priced into the shares.

B of A Securities

Chase Mulvehill

Sell

Maintains

$44 → $48

2024-10-14

Reason

B of A Securities

Chase Mulvehill

Price Target

$44 → $48

2024-10-14

Maintains

Sell

Reason

BofA raised the firm's price target on Cactus to $48 from $44 and keeps an Underperform rating on the shares. Weakening global oil demand growth and abundant supply is setting up for a challenging 2025 for oil price and Oilfield Services stock picking, the analyst tells investors. The firm believes the current global oil supply/demand outlook demands U.S. Land oil production to flatten "and quickly," notes the analyst, who has lowered price targets by 6% on average across the group.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Cactus Inc (WHD.N) is 15.02, compared to its 5-year average forward P/E of 22.71. For a more detailed relative valuation and DCF analysis to assess Cactus Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

22.71

Current PE

15.02

Overvalued PE

52.74

Undervalued PE

-7.32

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

10.75

Current EV/EBITDA

7.90

Overvalued EV/EBITDA

14.40

Undervalued EV/EBITDA

7.11

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.38

Current PS

2.76

Overvalued PS

4.09

Undervalued PS

2.66