Barclays (LON:BARC) analyst David Anderson maintained a Hold rating on Cactus (NYSE:WHD) Inc on Friday, setting a price target of $29, which is approximately 5.07% below the present share price of $30.55.
Anderson expects Cactus Inc to post earnings per share (EPS) of $0.13 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Cactus, with an average price target of $30.17.
The analysts price targets range from a high of $34 to a low of $24.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $59.79 million and a net profit of $12.56 million. The company's market cap is $2.3 billion.
According to TipRanks.com, Barclays analyst David Anderson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.6% and a 37.79% success rate.
Cactus, Inc. engages in the design, manufacture, sale and rent out of a range of engineered wellhead and pressure control equipment. The products of the firm are sold and rented principally for onshore unconventional oil and gas wells, and are utilized during the drilling, completion, and production phase of wells. Its products include well head systems, frac stacks, zipper manifolds, and production trees. The company was founded in August 2011 and is headquartered in Houston, TX.