Cactus, Inc.

Equities

WHD

US1272031071

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
51.8 ^USD	+0.14%		+2.41%	+14.10%

Mar. 08	Cactus, Inc. Announces Executive Changes	CI
Mar. 06	Cactus Insider Sold Shares Worth $3,571,620, According to a Recent SEC Filing	MT

Cactus, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 28, 2024 at 05:30 pm EST

Cactus, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 274.87 million compared to USD 187.77 million a year ago. Revenue was USD 274.87 million compared to USD 187.77 million a year ago.

Net income was USD 48.95 million compared to USD 30.99 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.5 a year ago.

Latest news about Cactus, Inc.

Cactus, Inc. Announces Executive Changes	Mar. 08	CI
Cactus Insider Sold Shares Worth $3,571,620, According to a Recent SEC Filing	Mar. 06	MT
Tranche Update on Cactus, Inc.'s Equity Buyback Plan announced on June 8, 2023.	Feb. 29	CI
Transcript : Cactus, Inc., Q4 2023 Earnings Call, Feb 29, 2024	Feb. 29
Cactus's Q4 Adjusted Earnings, Revenue Rise	Feb. 29	MT
Earnings Flash (WHD) CACTUS Posts Q4 Revenue $274.9M, vs. Street Est of $268.4M	Feb. 28	MT
Earnings Flash (WHD) CACTUS Reports Q4 EPS $0.81, vs. Street Est of $0.68	Feb. 28	MT
Cactus, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Cactus, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Barclays Cuts Price Target on Cactus to $57 From $60, Maintains Overweight Rating	Nov. 14	MT
Tranche Update on Cactus, Inc.'s Equity Buyback Plan announced on June 8, 2023.	Nov. 09	CI
Transcript : Cactus, Inc., Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Cactus Q3 Adjusted Earnings, Revenue Rise	Nov. 09	MT
Cactus, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
Earnings Flash (WHD) CACTUS Reports Q3 Revenue $287.9M, vs. Street Est of $288.9M	Nov. 08	MT
Earnings Flash (WHD) CACTUS Posts Q3 EPS $0.80, vs. Street Est of $0.87	Nov. 08	MT
Cactus, Inc. Announces CFO Changes	23-10-24	CI
Cactus Names Alan Keifer as Interim CFO	23-10-19	MT
Cactus, Inc. Announces the Appointment of Stephen Tadlock as the CEO of the Spoolable Technologies Segment	23-10-18	CI
Barclays Upgrades Cactus to Overweight From Equal-Weight, Raises Price Target to $60 From $48	23-10-17	MT
BofA Securities Downgrades Cactus to Underperform From Neutral, Adjusts Price Target to $47 From $46	23-10-16	MT
JPMorgan Initiates Cactus at Neutral Rating With $60 Price Target	23-09-13	MT
Insider Sell: Cactus	23-09-11	MT
Insider Sell: Cactus	23-09-11	MT
Insider Sell: Cactus	23-09-11	MT

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Company Profile

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 segmentâs 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.

Sector

Oil Related Services and Equipment

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for Cactus, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

51.8 USD

Average target price

52 USD

Spread / Average Target

+0.39%

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