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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.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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

  1. Click here to get started.
  2. Provide your personal details to start a new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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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.

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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 Price
$51.44
1w %
6.13%
1y %
41.36%
5y %
38.32%
P/E
24.73x
P/B
5.37x
P/S
3.66x
PEG
4.89x
Revenue
$906.48M
Earnings
$130.06M
Fore. Rev. Growth
-8.05%
Fore. Earn. Growth
6.25%
Market Cap
$4.09B
Next Earnings
Nov 6, 2023
Next Dividend
N/A

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

SMA10
50.04
SMA20
52.29
SMA50
51.35
SMA100
45.28
SMA200
46.11
MACD
-0.51
MACD Signal
-0.16
MACD Histogram
-0.35
RSI
51.3
Stochastic %K
30.93
Stochastic %D
21.53
StochRSI %K
35.37
StochRSI %D
23.01

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:

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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:

  1. Decide where to buy Cactus stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Cactus stock
  5. Execute your WHD buy order
  6. Get the latest scoop on your WHD investment

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to get the latest news on your new investment in Cactus, hit the button below to create your watchlist.

NYSE: WHD
$51.44+1.72 (+3.46%)
Updated Sep 27, 2023
Open eToro Account
NYSE: WHD
$51.44+1.72 (+3.46%)
Updated Sep 27, 2023
Open eToro Account

FAQ

How much does it cost to buy one Cactus share?

As of Sep 27, 2023, it costs $51.44 to buy one share of Cactus stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.194 shares of WHD.

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Is now a good time to buy Cactus stock?

According to 6 Wall Street analysts who monitor Cactus, their consensus recommendation is to buy Cactus stock.

What is the best way to buy Cactus stock?

One way to place an order for Cactus stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.