Cactus (WHD) to Release Quarterly Earnings on Wednesday

Cactus (NYSE:WHD - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Cactus to post earnings of $0.67 per share and revenue of $272.22 million for the quarter.

Cactus (NYSE:WHD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.01). The company had revenue of $272.12 million for the quarter, compared to analyst estimates of $277.59 million. Cactus had a return on equity of 20.24% and a net margin of 16.57%. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cactus Trading Up 1.3 %

Shares of WHD stock opened at $37.37 on Wednesday. Cactus has a twelve month low of $33.80 and a twelve month high of $70.01. The stock's fifty day simple moving average is $46.07 and its 200 day simple moving average is $56.58. The company has a quick ratio of 2.67, a current ratio of 3.82 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.97 billion, a P/E ratio of 13.25, a P/E/G ratio of 5.13 and a beta of 1.74.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WHD. Stifel Nicolaus dropped their price objective on shares of Cactus from $64.00 to $61.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Barclays reduced their price objective on shares of Cactus from $61.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $53.80.

About Cactus

Cactus, Inc, together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.