How to Buy Cactus Stock
Cactus Inc
Cactus is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker WHD on the NYSE exchange.
Cactus stock last closed at $51.44, up 3.46% from the previous day, and has increased 41.36% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.31 percentage points. Cactus stock is currently +64% from its 52-week low of $31.37, and -11.77% from its 52-week high of $58.30.
At the moment, there are 79.43M shares of WHD outstanding. The market capitalization of WHD is $4.09B. In the last 24 hours, 484,889 WHD shares were traded.
How to Buy Cactus Stock
Wondering how to invest in Cactus stock? Here's how.
- Decide where to buy Cactus stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Cactus stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your info.
- Evaluate Cactus stock: The Cactus ticker symbol is WHD. Is Cactus stock a good investment? Should you buy shares of WHD? How do WHD's underlying business fundamentals look? Do top analysts think Cactus is a good buy? Why has WHD's stock price moved recently? (Hint: Our stock research website can help you decide if WHD is a good stock to buy).
- Execute your WHD buy order: Decide if you will purchase WHD shares at the current market price or use a limit order to purchase WHD stock at a particular price.
- Get the latest scoop on your WHD investment: Create a watchlist to monitor your investment in Cactus stock.
Step 1: Decide where to buy Cactus stock
You need an online brokerage account to access the NYSE market and buy WHD stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you can invest in WHD stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Provide your personal details to start a new brokerage account.
- Submit your data by hitting the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have finished signing up on a investment app, you need to deposit funds:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Cactus stock
After you have chosen the best place to buy Cactus stock, it's absolutely critical to research their stock before you invest, so you actually comprehend the risk and upside.
Cactus stock at a glance
WHD Due Diligence Checks
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on WHD's stock page.
How is WHD stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge WHD's true value.
Using relative valuations methods:
- WHD could be undervalued based on its P/E ratio of 24.73x, relative to Oil & Gas Equipment & Services industry P/E ratio of -6.32x
- WHD could be overvalued based on its P/B ratio of 5.37x, relative to Oil & Gas Equipment & Services industry P/B ratio of 3.26x
- WHD may be overvalued based on its PEG ratio of 4.89x
You can access more valuation analysis on WHD's stock here.
WHD Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the WHD balance sheet.
- Total WHD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the WHD balance sheet.
- WHD earnings of $163.52M is not sufficient to cover its interest payments.
- WHD's operating cash flow of $238.18M allows it to safely service it's debt of $91.36M.
- WHD profit margin has gone up from 13.4% to 14.3% in the past year.
Negative Health Checks:
- WHD has a relatively high debt to equity ratio of 0.69.
Do Wall Street analysts think it's a good time to buy WHD stock
Out of 6 sell side analysts who track WHD, the consensus analyst rating on Cactus is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest WHD Analyst Ratings
Arun Jayaram, a top 7% analyst from JP Morgan initiates coverage on WHD with a hold rating and announces their WHD price target of $60.00, on Sep 13, 2023.
Bill Herbert, a top 23% analyst from Piper Sandler maintains WHD with a hold rating and raises their WHD price target from $46.00 to $59.00, on Aug 14, 2023.
David Anderson, a top 7% analyst from Barclays maintains WHD with a hold rating and raises their WHD price target from $46.00 to $48.00, on Aug 10, 2023.
Kurt Hallead, a top 7% analyst from Benchmark reiterates WHD with a strong buy rating and maintains their WHD price target from $60.00 to $60.00, on Aug 8, 2023.
Scott Gruber, a top 6% analyst from Citigroup maintains WHD with a hold rating and raises their WHD price target from $40.00 to $52.00, on Jul 18, 2023.
You can dive deeper into what analysts are forecasting on the Cactus stock forecast page.
Metrics for Advanced WHD Traders
WHD Revenue
Last year, WHD earnings were $130.06M. In the last five year, WHD's earnings have grown by 27.8% per year. This was slower than the Oil & Gas Equipment & Services industry average of 29.52%.
Last year, WHD revenue was $906.48M. Over the last 5 year, WHD's revenue has gone up by 14.81% per year. This was faster than the Oil & Gas Equipment & Services industry average of 4.14%.
You can analyze WHD's earnings and revenue performance here.
What are WHD executives and large shareholders up to?
In the past year, insiders at WHD have sold more shares than they have bought.
Joel Bender, President of WHD, was the latest WHD insider to sell. They sold $7,829,433.00 worth of WHD stock on Sep 8, 2023.
Get more info about who owns WHD shares here.
Can I rely on WHD as an income stream?
Cactus pays a dividend of 0.87%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.01%. If you owned $1,000 of WHD stock, you would have received $8.75 last year.
Dig into more info about Cactus dividend yield and history here.
What others are saying about WHD
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your WHD buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Hit the Open button and eToro will execute the order.
If you want additional assistance buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your WHD investment
Now that you own some shares in WHD, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of the latest news about your WHD stock.
WHD Feed
How to Buy Stock in Cactus
To reiterate, here are the 6 steps to buy Cactus stock:
- Decide where to buy Cactus stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Cactus stock
- Execute your WHD buy order
- Get the latest scoop on your WHD investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Cactus, hit the button below to create your watchlist.
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