Stifel Reiterates Buy Rating on Cactus, Inc. (NYSE:WHD)
Stifel maintains its buy rating for Cactus, Inc. with a price target of $68, a 25.21% upside from the current price.
Key Points
- Stifel reiterated its buy rating on Cactus, Inc. (NYSE:WHD) with a price target of $68 on June 16, 2026.
- Stifel's $68 price target implies 25.21% upside from Cactus, Inc.'s ($WHD) current $54.31 share price.
- Cactus, Inc. trades at $58.07 with a market cap of $3.99 billion and a forward P/E of 16.6.
- Insiders recently transacted shares, and analysts maintain a buy consensus with a mean target price of $63.33.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Stifel has reiterated its buy rating on Cactus, Inc. (NYSE:WHD), setting a price target of $68. This decision was announced on June 16, 2026, with Cactus shares trading at $58.07 at the time of the report.
Cactus, Inc. Stock Down 21.9%
Shares of NYSE:WHD traded near $58.07. Cactus, Inc. has a market cap of approximately $3.99 billion, with a P/E ratio of 53.8 and a forward P/E of 16.6. The stock's beta is 1.38, indicating a moderate level of volatility. Over the past year, the stock has ranged from a low of $33.20 to a high of $64.30, with a 50-day moving average of $56.74 and a 200-day moving average of $48.78. The company maintains a strong current ratio of 2.61 and a quick ratio of 1.67, with a debt-to-equity ratio of 3.36.
Recent Earnings
Cactus, Inc. reported revenue of $1.19 billion, reflecting a growth rate of 38.5%. The company's earnings per share (EPS) stood at $1.07, with a net margin of 13.0% and a return on equity (ROE) of 12.7%. The next earnings release is scheduled for August 5, 2026.
Dividend
Cactus, Inc. offers an annual dividend rate of $0.56, yielding 0.97%. The dividend payout ratio is 51.4%.
Insider Buying and Selling at Cactus, Inc.
Recent insider transactions at Cactus, Inc. include EVP and CFO Jay Nutt, who bought 2,942 shares on June 3, 2026, and subsequently sold 864 shares at an average price of $58.80 on the same day. Other insiders, Michael McGovern and Alan Semple, sold 12,000 and 10,206 shares respectively on May 12, 2026, at prices around $56.57 and $56.62. Tana Leigh Utley purchased 2,586 shares on May 12, 2026.
Analysts Set New Price Targets
On June 16, 2026, Stifel reiterated its buy rating on Cactus, Inc., maintaining a price target of $68. Piper Sandler, Citigroup, and Barclays also maintained buy ratings in recent months, with price targets ranging from $63 to $73. The consensus among analysts is a buy rating, with a mean target price of $63.33 based on nine analyst opinions.
About Cactus, Inc.
Cactus, Inc., headquartered in Houston, Texas, specializes in designing and manufacturing pressure control equipment and spoolable pipe technologies. The company operates through two segments: Pressure Control and Spoolable Technologies. Its products are used in oil and gas drilling, completion, and production phases, serving markets in the United States and internationally. Founded in 2011, Cactus employs around 1,500 people under the leadership of CEO Scott J. Bender.
Bottom Line
Stifel's reaffirmation of a buy rating for Cactus, Inc. reflects continued confidence in the company's market position and growth prospects. The stock's current trading price and market fundamentals support this outlook. Investors and analysts will be watching closely as the company approaches its next earnings report in August. As always, it's important to remember that analyst ratings and price targets are based on current information and market conditions, which can change over time.
Get Cactus, Inc. alerts
New 13F filings, insider trades, and analyst moves on $WHD, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.