Zacks Research Issues Negative Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Cactus in a note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now expects that the company will earn $0.70 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Cactus' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus' Q4 2025 earnings at $0.80 EPS, Q1 2026 earnings at $0.79 EPS and FY2027 earnings at $3.45 EPS.

Cactus (NYSE:WHD - Get Free Report) last announced its quarterly earnings data 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). Cactus had a net margin of 16.57% and a return on equity of 20.24%. The business had revenue of $272.12 million during the quarter, compared to the consensus estimate of $277.59 million.

Separately, Barclays lowered their price target on Cactus from $61.00 to $54.00 and set an "equal weight" rating on the stock in a 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. Based on data from MarketBeat.com, Cactus has a consensus rating of "Hold" and an average price target of $55.00.

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Cactus Stock Down 3.8 %

Shares of NYSE WHD opened at $43.29 on Friday. The business has a 50-day simple moving average of $58.16 and a two-hundred day simple moving average of $60.40. The company has a market cap of $3.45 billion, a P/E ratio of 15.35, a P/E/G ratio of 5.13 and a beta of 2.05. Cactus has a 52 week low of $43.27 and a 52 week high of $70.01. The company has a quick ratio of 2.67, a current ratio of 3.82 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On Cactus

Hedge funds and other institutional investors have recently modified their holdings of the company. Illinois Municipal Retirement Fund lifted its position in Cactus by 0.5% in the 4th quarter. Illinois Municipal Retirement Fund now owns 37,412 shares of the company's stock worth $2,183,000 after buying an additional 169 shares during the last quarter. State of Tennessee Department of Treasury lifted its holdings in shares of Cactus by 0.5% in the 4th quarter. State of Tennessee Department of Treasury now owns 35,828 shares of the company's stock worth $2,091,000 after acquiring an additional 177 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Cactus by 1.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,382 shares of the company's stock valued at $606,000 after purchasing an additional 180 shares in the last quarter. New York State Teachers Retirement System grew its holdings in shares of Cactus by 1.3% during the 4th quarter. New York State Teachers Retirement System now owns 15,700 shares of the company's stock valued at $916,000 after purchasing an additional 200 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Cactus by 7.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,369 shares of the company's stock worth $197,000 after purchasing an additional 221 shares during the period. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Cactus Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 1.20%. Cactus's payout ratio is 18.84%.

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.

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