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 -5.15% downside from WHD’s last price of $56.93) 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 -5.15% downside from WHD's last price of $56.93.
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% | -5.15% |
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 -5.15% decrease from WHD last price ($56.93).
Cactus Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $54.00 |
| Last Closing Price | $56.93 | $56.93 | $56.93 |
| Upside/Downside | -100.00% | -100.00% | -5.15% |
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 $56.93. 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 | $313.28M | $318.07M | $308.41M | $298.23M | $294.18M | $298.51M | $291.45M | $284.39M | $276.84M | $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 | $314.98M | $319.79M | $310.08M | $299.85M | $295.77M | $300.13M | $293.03M | $285.77M | $277.79M | $290.47M | $276.76M | $270.70M | $273.65M | $288.20M | $299.60M | $217.33M | $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 | $311.18M | $315.94M | $306.35M | $296.24M | $292.21M | $296.52M | $289.50M | $282.34M | $276.30M | $284.47M | $276.76M | $270.70M | $262.93M | $288.20M | $295.99M | $214.71M | $188.92M | $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 | $97.37M | $98.86M | $95.86M | $92.69M | $91.43M | $92.78M | $90.58M | $88.39M | $86.04M | $89.35M | $86.02M | $37.48M | $83.47M | $89.57M | $92.61M | $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 | $97.90M | $99.39M | $96.37M | $93.19M | $91.93M | $93.28M | $91.07M | $88.82M | $86.34M | $90.28M | $86.02M | $44.98M | $85.05M | $89.57M | $93.12M | $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 | $96.72M | $98.19M | $95.21M | $92.07M | $90.82M | $92.16M | $89.98M | $87.75M | $85.87M | $88.41M | $86.02M | $29.99M | $81.72M | $89.57M | $92.00M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.98% | 3.54% | 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 | $70.32M | $72.54M | $69.31M | $65.10M | $66.81M | $68.08M | $63.74M | $60.20M | $56.77M | $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 | $70.82M | $73.05M | $69.80M | $65.56M | $67.28M | $68.56M | $64.19M | $61.72M | $57.55M | $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 | $69.71M | $71.90M | $68.71M | $64.54M | $66.23M | $67.49M | $63.19M | $58.67M | $55.99M | $60.46M | $58.11M | $19.27M | $52.65M | $66.48M | $58.74M | $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 | $32.28M | $32.78M | $31.78M | $30.73M | $30.32M | $30.76M | $30.03M | $29.31M | $28.53M | $29.62M | $28.52M | $16.47M | $27.68M | $29.70M | $30.71M | $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 | $32.46M | $32.96M | $31.95M | $30.90M | $30.48M | $30.93M | $30.20M | $29.45M | $28.63M | $29.93M | $28.52M | $19.76M | $28.20M | $29.70M | $30.87M | $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 | $32.07M | $32.56M | $31.57M | $30.53M | $30.11M | $30.56M | $29.83M | $29.10M | $28.47M | $29.31M | $28.52M | $13.17M | $27.10M | $29.70M | $30.50M | $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 $30.71M, based on 3 Wall Street analysts, with a range of $30.50M to $30.87M. The forecast indicates a 2.70% rise 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 | $0.88 | $0.90 | $0.86 | $0.81 | $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 | $0.88 | $0.91 | $0.87 | $0.82 | $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 | $0.87 | $0.90 | $0.86 | $0.80 | $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 | $11.09 | $18.00 | 62.31% | Buy |
| NOV | NOV | $14.56 | $22.00 | 51.10% | Buy |
| NR | Newpark Resources | $7.62 | $11.00 | 44.36% | Buy |
| CHX | ChampionX | $27.54 | $38.33 | 39.18% | Buy |
| MRC | MRC Global | $13.18 | $16.00 | 21.40% | Buy |
| RES | RPC | $5.93 | $7.00 | 18.04% | Hold |
| WHD | Cactus | $61.48 | $54.00 | -12.17% | Hold |
| RNGR | Ranger Energy Services | $14.93 | $13.00 | -12.93% | Hold |
| AROC | Archrock | $25.59 | $22.00 | -14.03% | Buy |
| OII | Oceaneering | $25.29 | $21.00 | -16.96% | Buy |