Analysts Set Expectations for Cactus' Q2 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD - Free Report) - Investment analysts at Zacks Research cut their Q2 2025 earnings estimates for Cactus in a research report issued on Monday, May 19th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.72 for the quarter, down from their previous forecast of $0.75. 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 $0.80 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $3.02 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.83 EPS, FY2026 earnings at $3.29 EPS and FY2027 earnings at $3.44 EPS.

WHD has been the topic of a number of other reports. JPMorgan Chase & Co. lowered their price target on shares of Cactus from $54.00 to $52.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 6th. Barclays lowered their price target on shares of Cactus from $54.00 to $51.00 and set an "equal weight" rating on the stock in a research report on Friday, May 2nd. Finally, Stifel Nicolaus lowered their price target on shares of Cactus from $61.00 to $57.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $52.33.

Cactus Price Performance

WHD traded up $0.10 on Wednesday, reaching $41.54. 740,547 shares of the company's stock were exchanged, compared to its average volume of 798,033. The stock has a market cap of $3.32 billion, a PE ratio of 14.73, a P/E/G ratio of 5.13 and a beta of 1.50. Cactus has a twelve month low of $33.80 and a twelve month high of $70.01. The stock's fifty day moving average price is $41.05 and its 200-day moving average price is $53.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.82 and a quick ratio of 2.67.

Cactus (NYSE:WHD - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. Cactus had a net margin of 16.57% and a return on equity of 20.24%. The business had revenue of $280.32 million for the quarter, compared to analyst estimates of $272.22 million. During the same quarter last year, the business earned $0.75 earnings per share. The company's revenue for the quarter was up 2.3% compared to the same quarter last year.

Cactus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, June 2nd. Cactus's dividend payout ratio (DPR) is presently 18.51%.

Hedge Funds Weigh In On Cactus

A number of institutional investors have recently bought and sold shares of the company. Intech Investment Management LLC raised its stake in Cactus by 40.5% during the first quarter. Intech Investment Management LLC now owns 36,205 shares of the company's stock worth $1,659,000 after purchasing an additional 10,444 shares during the period. Jane Street Group LLC raised its stake in Cactus by 482.7% during the first quarter. Jane Street Group LLC now owns 238,879 shares of the company's stock worth $10,948,000 after purchasing an additional 197,887 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Cactus by 26.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,931 shares of the company's stock worth $10,400,000 after purchasing an additional 46,835 shares during the period. United Services Automobile Association purchased a new position in Cactus during the first quarter worth about $203,000. Finally, Caxton Associates LLP purchased a new position in Cactus during the first quarter worth about $427,000. 85.11% of the stock is owned by hedge funds and other institutional investors.

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.