Análisis de la acción Cactus Inc (WHD)WHDCactus Inc

Cactus, Inc. is a holding company. The Company is engaged in the design, manufacture, sale and rental of engineered pressure control and spoolable pipe technologies. It operates through two segments: Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand. The segment’s 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. 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. It operates in the Energy sector (OIL & GAS FIELD MACHINERY & EQUIPMENT industry).

Cactus Inc (WHD) is currently trading at $61.71, which is below the recent analyst price target of $68 from BofA. However, the stock has a low RSI of 35.384, indicating it may be oversold. The recent insider selling, where a director sold 36% of his holdings, raises concerns about future performance. Given the mixed signals from analysts and the recent price action, it may be prudent to hold rather than buy at this time.

8 analysts cover WHD: 7 rate it Buy, 1 Hold and 0 Sell. The average price target is 50.25.