Citigroup upgraded Cactus Inc (WHD) to Buy from Neutral on December 10, 2025. The stock is currently priced at $47.96. This move underscores a more optimistic view on the company's prospects, which may be driven by improved fundamentals or better-than-expected business performance.
Cactus Inc operates in the energy sector, focusing on the design, manufacture, and sale of wellhead and pressure control equipment. Headquartered in Houston, Texas, the company employs 1,600 full-time staff and went public on February 8, 2018. Its operations are divided into two segments: Pressure Control and Spoolable Technologies. The Pressure Control segment offers products primarily for onshore unconventional oil and gas wells, while the Spoolable Technologies segment provides spoolable pipe and end fittings for oil and gas transport.
As of December 9, 2025, Cactus Inc has a market capitalization of $3.4 billion, a P/E ratio of 19.81, and an EPS of 2.41. The company's dividend yield stands at 126.8%. Upcoming earnings are expected on July 28, 2026, with an estimated EPS of $0.72 and revenue of $330.7 million.
Analyst consensus as of December 1, 2025, shows 3 Strong Buy, 4 Buy, and 5 Hold ratings, indicating a general Buy sentiment. Recent analyst actions include an upgrade from B of A Securities to Neutral from Underperform on October 29, 2025, and a maintenance of Overweight by Barclays on October 31, 2025.
Such decisions reflect evolving analyst sentiment that should be considered alongside company fundamentals and market conditions.