Cactus
About: Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. The company has two operating segments; Pressure Control, which generates key revenue and Spoolable Technologies.
Employees: 1,600
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
198% more call options, than puts
Call options by funds: $1.98M | Put options by funds: $665K
90% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 30
54% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 87
8% more funds holding
Funds holding: 287 [Q3] → 309 (+22) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
3% less capital invested
Capital invested by funds: $4.5B [Q3] → $4.37B (-$139M) [Q4]
1.39% less ownership
Funds ownership: 113.56% [Q3] → 112.17% (-1.39%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Stephen Gengaro 42% 1-year accuracy 43 / 103 met price target | 61%upside $61 | Buy Maintained | 15 Apr 2025 |
Barclays David Anderson 30% 1-year accuracy 27 / 89 met price target | 42%upside $54 | Equal-Weight Maintained | 5 Mar 2025 |
Financial journalist opinion
Based on 3 articles about WHD published over the past 30 days
