Cactus (WHD) Stock Forecast, Price Target & Predictions
WHD Stock Forecast
Cactus stock forecast is as follows: an average price target of $54.00 (represents a -17.29% downside from WHD’s last price of $65.29) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
WHD Price Target
The average price target for Cactus (WHD) is $54.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $54.00. This represents a potential -17.29% downside from WHD's last price of $65.29.
WHD Analyst Ratings
According to 3 Wall Street analysts, Cactus's rating consensus is 'Hold'. The analyst rating breakdown for WHD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cactus Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $54.00 | $55.67 | -3.00% | -17.29% |
The latest Cactus stock forecast, released on Jul 15, 2024 by Luke Lemoine from Piper Sandler, set a price target of $54.00, which represents a -3.00% decrease from the stock price at the time of the forecast ($55.67), and a -17.29% decrease from WHD last price ($65.29).
Cactus Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $54.00 |
| Last Closing Price | $65.29 | $65.29 | $65.29 |
| Upside/Downside | -100.00% | -100.00% | -17.29% |
In the current month, the average price target of Cactus stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cactus's last price of $65.29. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 15, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 10, 2024 | Citigroup | Neutral | Neutral | Hold |
| May 31, 2024 | Johnson Rice | - | Accumulate | Downgrade |
| May 06, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 17, 2023 | Barclays | - | Overweight | Upgrade |
| Nov 13, 2022 | Citigroup | Neutral | Neutral | Hold |
Cactus's last stock rating was published by Barclays on Aug 05, 2024. The company gave WHD a "Overweight" rating, the same as its previous rate.
Cactus Financial Forecast
Cactus Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $274.87M | $287.87M | $305.82M | $228.41M | $187.77M | $184.48M | $170.22M | $145.90M | $129.92M | $115.36M | $108.89M | $84.42M | $68.09M | $59.79M | $66.55M | $154.14M | $140.24M | $160.81M |
| Avg Forecast | $312.77M | $315.98M | $306.74M | $296.54M | $294.18M | $298.51M | $291.45M | $284.39M | $276.87M | $287.47M | $276.76M | $270.70M | $268.56M | $288.20M | $297.99M | $216.16M | $190.19M | $183.02M | $160.89M | $139.73M | $123.25M | $116.13M | $101.29M | $80.73M | $66.89M | $54.77M | $60.16M | $143.12M | $139.73M | $159.79M |
| High Forecast | $314.46M | $317.68M | $308.40M | $298.14M | $295.77M | $300.12M | $293.02M | $286.15M | $277.96M | $290.47M | $276.76M | $270.70M | $273.65M | $288.20M | $299.59M | $217.32M | $191.22M | $183.02M | $160.89M | $139.73M | $123.25M | $116.13M | $101.29M | $80.73M | $66.89M | $54.77M | $60.16M | $143.12M | $139.73M | $159.79M |
| Low Forecast | $310.79M | $313.97M | $304.80M | $294.66M | $292.31M | $296.62M | $289.60M | $281.57M | $276.17M | $284.47M | $276.76M | $270.70M | $262.93M | $288.20M | $296.10M | $214.79M | $188.99M | $183.02M | $160.89M | $139.73M | $123.25M | $116.13M | $101.29M | $80.73M | $66.89M | $54.77M | $60.16M | $143.12M | $139.73M | $159.79M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.03% | 1.06% | 0.99% | 1.01% | 1.06% | 1.04% | 1.05% | 0.99% | 1.08% | 1.05% | 1.02% | 1.09% | 1.11% | 1.08% | 1.00% | 1.01% |
Cactus's average Quarter revenue forecast for Mar 24 based on 3 analysts is $270.70M, with a low forecast of $270.70M, and a high forecast of $270.70M. WHD's average Quarter revenue forecast represents a -1.52% decrease compared to the company's last Quarter revenue of $274.87M (Dec 23).
Cactus EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $84.22M | $87.60M | $327.73M | $241.51M | $48.22M | $59.70M | $53.16M | $38.55M | $30.80M | $24.74M | $20.73M | $16.84M | $14.75M | $16.24M | $17.64M | $37.05M | $40.64M | $41.19M |
| Avg Forecast | $98.28M | $99.29M | $96.39M | $93.18M | $92.44M | $93.80M | $91.58M | $89.36M | $87.00M | $90.33M | $86.97M | $37.48M | $84.39M | $90.56M | $93.64M | $34.08M | $25.64M | $57.10M | $50.20M | $30.98M | $38.45M | $36.23M | $31.60M | $15.16M | $20.87M | $17.09M | $18.77M | $30.70M | $43.60M | $49.85M |
| High Forecast | $98.81M | $99.82M | $96.91M | $93.68M | $92.94M | $94.31M | $92.08M | $89.92M | $87.34M | $91.27M | $86.97M | $44.98M | $85.99M | $90.56M | $94.14M | $40.89M | $30.77M | $57.10M | $50.20M | $37.17M | $38.45M | $36.23M | $31.60M | $18.19M | $20.87M | $17.09M | $18.77M | $36.84M | $43.60M | $49.85M |
| Low Forecast | $97.66M | $98.66M | $95.78M | $92.59M | $91.85M | $93.21M | $91.00M | $88.48M | $86.78M | $89.39M | $86.97M | $29.99M | $82.62M | $90.56M | $93.04M | $27.26M | $20.51M | $57.10M | $50.20M | $24.78M | $38.45M | $36.23M | $31.60M | $12.13M | $20.87M | $17.09M | $18.77M | $24.56M | $43.60M | $49.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.97% | 3.50% | 7.09% | 1.88% | 1.05% | 1.06% | 1.24% | 0.80% | 0.68% | 0.66% | 1.11% | 0.71% | 0.95% | 0.94% | 1.21% | 0.93% | 0.83% |
3 analysts predict WHD's average Quarter EBITDA for Mar 24 to be $37.48M, with a high of $44.98M and a low of $29.99M. This is -55.49% lower than Cactus's previous annual EBITDA (Dec 23) of $84.22M.
Cactus Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $48.95M | $52.58M | $24.75M | $42.89M | $30.99M | $31.43M | $27.14M | $20.62M | $20.38M | $12.62M | $10.39M | $11.56M | $3.20M | $6.23M | $6.03M | $18.98M | $18.06M | $19.34M |
| Avg Forecast | $71.60M | $73.81M | $70.39M | $66.15M | $66.81M | $68.08M | $63.74M | $60.20M | $56.76M | $60.62M | $58.12M | $24.09M | $54.24M | $66.48M | $59.25M | $21.90M | $12.39M | $31.78M | $23.70M | $19.91M | $13.60M | $12.95M | $11.78M | $10.40M | $3.90M | $984.24K | $-854.67K | $15.73M | $23.46M | $30.02M |
| High Forecast | $72.10M | $74.33M | $70.88M | $66.61M | $67.28M | $68.56M | $64.19M | $61.72M | $57.53M | $60.78M | $58.13M | $28.90M | $56.63M | $66.48M | $59.67M | $26.27M | $14.87M | $31.78M | $23.70M | $23.89M | $13.60M | $12.95M | $11.78M | $12.48M | $3.90M | $984.24K | $-854.67K | $18.87M | $23.46M | $30.02M |
| Low Forecast | $71.01M | $73.21M | $69.81M | $65.61M | $66.26M | $67.52M | $63.22M | $58.67M | $55.98M | $60.46M | $58.11M | $19.27M | $52.65M | $66.48M | $58.76M | $17.52M | $9.92M | $31.78M | $23.70M | $15.92M | $13.60M | $12.95M | $11.78M | $8.32M | $3.90M | $984.24K | $-854.67K | $12.58M | $23.46M | $30.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.79% | 0.42% | 1.96% | 2.50% | 0.99% | 1.15% | 1.04% | 1.50% | 0.97% | 0.88% | 1.11% | 0.82% | 6.33% | -7.05% | 1.21% | 0.77% | 0.64% |
Cactus's average Quarter net income forecast for Mar 24 is $24.09M, with a range of $19.27M to $28.90M. WHD's average Quarter net income forecast represents a -50.79% decrease compared to the company's last Quarter net income of $48.95M (Dec 23).
Cactus SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.90M | $22.90M | $15.97M | $14.74M | $14.09M | $12.86M | $12.15M | $11.38M | $9.63M | $8.98M | $8.38M | $8.69M | $13.66M | $12.39M | $13.35M |
| Avg Forecast | $31.02M | $31.33M | $30.42M | $29.41M | $29.17M | $29.60M | $28.90M | $28.20M | $27.46M | $28.51M | $27.45M | $16.47M | $26.63M | $28.58M | $29.55M | $14.97M | $10.61M | $18.15M | $15.96M | $13.61M | $12.22M | $11.52M | $10.05M | $8.66M | $6.63M | $5.43M | $5.97M | $11.32M | $13.86M | $15.85M |
| High Forecast | $31.18M | $31.50M | $30.58M | $29.57M | $29.33M | $29.76M | $29.06M | $28.38M | $27.56M | $28.81M | $27.45M | $19.76M | $27.14M | $28.58M | $29.71M | $17.96M | $12.73M | $18.15M | $15.96M | $16.33M | $12.22M | $11.52M | $10.05M | $10.40M | $6.63M | $5.43M | $5.97M | $13.58M | $13.86M | $15.85M |
| Low Forecast | $30.82M | $31.14M | $30.23M | $29.22M | $28.99M | $29.42M | $28.72M | $27.92M | $27.39M | $28.21M | $27.45M | $13.17M | $26.07M | $28.58M | $29.36M | $11.98M | $8.49M | $18.15M | $15.96M | $10.89M | $12.22M | $11.52M | $10.05M | $6.93M | $6.63M | $5.43M | $5.97M | $9.06M | $13.86M | $15.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.00% | 2.16% | 0.88% | 0.92% | 1.04% | 1.05% | 1.05% | 1.13% | 1.11% | 1.35% | 1.54% | 1.46% | 1.21% | 0.89% | 0.84% |
Cactus's average Quarter SG&A projection for Jun 23 is $29.55M, based on 3 Wall Street analysts, with a range of $29.36M to $29.71M. The forecast indicates a -1.17% fall compared to WHD last annual SG&A of $29.90M (Mar 23).
Cactus EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.61 | $0.81 | $0.38 | $0.67 | $0.51 | $0.52 | $0.45 | $0.35 | $0.35 | $0.22 | $0.19 | $0.24 | $0.07 | $0.13 | $0.13 | $0.40 | $0.38 | $0.41 |
| Avg Forecast | $0.89 | $0.92 | $0.88 | $0.82 | $0.83 | $0.85 | $0.79 | $0.75 | $0.71 | $0.76 | $0.72 | $0.71 | $0.68 | $0.83 | $0.74 | $0.57 | $0.52 | $0.48 | $0.36 | $0.29 | $0.20 | $0.19 | $0.18 | $0.10 | $0.06 | $0.01 | $-0.01 | $0.35 | $0.35 | $0.45 |
| High Forecast | $0.90 | $0.93 | $0.88 | $0.83 | $0.84 | $0.85 | $0.80 | $0.77 | $0.72 | $0.76 | $0.72 | $0.71 | $0.71 | $0.83 | $0.74 | $0.57 | $0.52 | $0.48 | $0.36 | $0.29 | $0.20 | $0.19 | $0.18 | $0.10 | $0.06 | $0.01 | $-0.01 | $0.35 | $0.35 | $0.45 |
| Low Forecast | $0.89 | $0.91 | $0.87 | $0.82 | $0.83 | $0.84 | $0.79 | $0.73 | $0.70 | $0.75 | $0.72 | $0.71 | $0.66 | $0.83 | $0.73 | $0.56 | $0.51 | $0.48 | $0.36 | $0.29 | $0.20 | $0.19 | $0.18 | $0.10 | $0.06 | $0.01 | $-0.01 | $0.35 | $0.35 | $0.45 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.98% | 0.51% | 1.19% | 0.99% | 1.09% | 1.26% | 1.22% | 1.71% | 1.13% | 1.07% | 2.29% | 1.19% | 8.79% | -10.13% | 1.15% | 1.08% | 0.91% |
According to 3 Wall Street analysts, Cactus's projected average Quarter EPS for Mar 24 is $0.71, with a low estimate of $0.71 and a high estimate of $0.71. This represents a 17.08% increase compared to WHD previous annual EPS of $0.61 (Dec 23).
Cactus Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| XPRO | Expro Group | $12.94 | $23.33 | 80.29% | Buy |
| RES | RPC | $5.97 | $10.00 | 67.50% | Hold |
| NR | Newpark Resources | $7.40 | $11.00 | 48.65% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| NOV | NOV | $16.26 | $20.67 | 27.12% | Buy |
| CHX | ChampionX | $30.70 | $38.33 | 24.85% | Buy |
| MRC | MRC Global | $13.75 | $16.00 | 16.36% | Buy |
| AROC | Archrock | $24.32 | $22.00 | -9.54% | Buy |
| WHD | Cactus | $65.29 | $54.00 | -17.29% | Hold |
| RNGR | Ranger Energy Services | $16.57 | $12.50 | -24.56% | Hold |
| OII | Oceaneering | $27.97 | $21.00 | -24.92% | Buy |