Zacks Research Issues Negative Forecast for Cactus Earnings

Cactus, Inc. (NYSE:WHD - Free Report) - Stock analysts at Zacks Research dropped their Q2 2025 earnings estimates for Cactus in a note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.77 per share for the quarter, down from their prior forecast of $0.80. The consensus estimate for Cactus' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus' Q3 2025 earnings at $0.82 EPS, FY2025 earnings at $3.09 EPS, Q2 2026 earnings at $0.88 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $0.86 EPS and FY2026 earnings at $3.36 EPS.

Separately, Barclays cut their target price on shares of Cactus from $61.00 to $54.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $55.00.

Cactus Price Performance

WHD stock traded up $0.99 during midday trading on Monday, reaching $46.69. The company had a trading volume of 429,580 shares, compared to its average volume of 691,458. The firm has a 50-day moving average price of $57.24 and a 200-day moving average price of $60.07. The company has a market capitalization of $3.72 billion, a P/E ratio of 16.56, a P/E/G ratio of 5.13 and a beta of 2.05. Cactus has a 1 year low of $43.27 and a 1 year high of $70.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.82 and a quick ratio of 2.67.

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

Institutional Trading of Cactus

A number of hedge funds and other institutional investors have recently bought and sold shares of WHD. Oarsman Capital Inc. purchased a new position in shares of Cactus in the fourth quarter valued at $26,000. Smartleaf Asset Management LLC raised its holdings in Cactus by 74.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 522 shares of the company's stock valued at $30,000 after buying an additional 223 shares during the period. Quest Partners LLC bought a new stake in Cactus in the third quarter worth $34,000. Versant Capital Management Inc boosted its stake in Cactus by 165.4% during the fourth quarter. Versant Capital Management Inc now owns 576 shares of the company's stock worth $34,000 after buying an additional 359 shares during the period. Finally, Jones Financial Companies Lllp increased its position in Cactus by 66.9% during the fourth quarter. Jones Financial Companies Lllp now owns 841 shares of the company's stock valued at $49,000 after acquiring an additional 337 shares during the last quarter. Hedge funds and other institutional investors own 85.11% of the company's stock.

Cactus Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 1.11%. The ex-dividend date is Monday, March 3rd. Cactus's dividend payout ratio is currently 18.84%.

Cactus Company Profile

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.