Cactus (WHD) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Cactus (WHD) will report Q1 2026 results after the close on May 6, with analysts projecting $0.667 EPS and $386.54M revenue; an earnings call is scheduled for May 7 at 10:00 AM ET.
• The company beat estimates last quarter (EPS $0.65 vs $0.58; revenue $261.2M vs $250.6M) and carries a consensus rating of Moderate Buy with an average target of $56.33 as several firms have raised price targets (e.g., Citigroup $63, Barclays $62, Piper Sandler $73).
• Insiders have been net sellers recently: President Joel Bender sold 106,809 shares and insiders disposed of about 200,000 shares (~$10.04M) last quarter, though insiders still hold 12.91% of the stock.

Cactus (NYSE:WHD - Get Free Report) is projected to announce its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.6670 per share and revenue of $386.5420 million for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. The business had revenue of $261.20 million during the quarter, compared to analysts' expectations of $250.60 million. Cactus had a net margin of 15.39% and a return on equity of 15.18%. The company's revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cactus Price Performance

Cactus stock opened at $55.95 on Wednesday. The stock has a market cap of $4.47 billion, a P/E ratio of 23.31, a price-to-earnings-growth ratio of 2.44 and a beta of 1.31. The company has a fifty day simple moving average of $51.39 and a 200-day simple moving average of $48.45. Cactus has a 12-month low of $33.20 and a 12-month high of $59.25. The company has a current ratio of 5.81, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01.

Cactus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Monday, March 2nd were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, March 2nd. Cactus's payout ratio is 23.33%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WHD shares. Citigroup lifted their price objective on shares of Cactus from $55.00 to $63.00 and gave the stock a "buy" rating in a research report on Tuesday, March 3rd. Zacks Research cut shares of Cactus from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 26th. Barclays boosted their price target on shares of Cactus from $56.00 to $62.00 and gave the company an "overweight" rating in a research report on Monday, March 2nd. Weiss Ratings restated a "hold (c)" rating on shares of Cactus in a research note on Friday, March 27th. Finally, Piper Sandler assumed coverage on Cactus in a report on Tuesday, February 24th. They set an "overweight" rating and a $73.00 price objective on the stock. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Cactus presently has a consensus rating of "Moderate Buy" and a consensus target price of $56.33.

Insider Buying and Selling

In other Cactus news, President Joel Bender sold 106,809 shares of Cactus stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $49.92, for a total value of $5,331,905.28. Following the transaction, the president directly owned 27,793 shares in the company, valued at approximately $1,387,426.56. The trade was a 79.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 200,000 shares of company stock valued at $10,039,080 in the last quarter. Insiders own 12.91% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Magnetar Financial LLC acquired a new position in Cactus in the fourth quarter valued at $333,000. EntryPoint Capital LLC acquired a new position in Cactus in the fourth quarter valued at $323,000. EP Wealth Advisors LLC acquired a new position in Cactus in the second quarter valued at $293,000. CIBC Bancorp USA Inc. acquired a new position in Cactus in the third quarter valued at $289,000. Finally, Vise Technologies Inc. increased its stake in Cactus by 11.3% in the third quarter. Vise Technologies Inc. now owns 6,858 shares of the company's stock valued at $271,000 after purchasing an additional 699 shares during the period. 85.11% of the stock is currently owned by institutional investors and hedge funds.

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. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.

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