Research Analysts Set Expectations for Cactus Q2 Earnings

Cactus, Inc. (NYSE:WHD - Free Report) - Equities researchers at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of Cactus in a report issued on Thursday, June 12th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.69 for the quarter, down from their previous forecast of $0.72. 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 $0.71 EPS, Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.83 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $3.10 EPS.

Cactus (NYSE:WHD - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.03. Cactus had a return on equity of 18.99% and a net margin of 16.78%. The company had revenue of $280.32 million during the quarter, compared to analysts' expectations of $272.22 million. During the same quarter in the previous year, the firm earned $0.75 EPS. Cactus's revenue was up 2.3% on a year-over-year basis.

A number of other analysts have also commented on WHD. Barclays upgraded Cactus from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $51.00 to $54.00 in a report on Wednesday, June 4th. Stifel Nicolaus lowered their target price on shares of Cactus from $61.00 to $57.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. cut their price target on Cactus from $52.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $52.50.

Cactus Trading Down 0.9%

NYSE WHD traded down $0.41 during trading hours on Monday, hitting $45.45. 423,325 shares of the company's stock were exchanged, compared to its average volume of 774,948. Cactus has a 1-year low of $33.80 and a 1-year high of $70.01. The company has a current ratio of 4.85, a quick ratio of 3.47 and a debt-to-equity ratio of 0.01. The stock has a 50-day simple moving average of $41.48 and a 200 day simple moving average of $50.66. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 16.18 and a beta of 1.49.

Institutional Trading of Cactus

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oarsman Capital Inc. bought a new stake in shares of Cactus during the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC raised its stake in shares of Cactus by 74.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 522 shares of the company's stock worth $30,000 after purchasing an additional 223 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Cactus by 113.8% during the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company's stock valued at $47,000 after purchasing an additional 543 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of 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 purchasing an additional 337 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Cactus during the first quarter valued at $57,000. Hedge funds and other institutional investors own 85.11% of the company's stock.

Cactus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 2nd will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.52 annualized dividend and a dividend yield of 1.14%. Cactus's payout ratio is 18.51%.

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.