Cactus (WHD) Projected to Post Earnings on Wednesday

Cactus (NYSE:WHD - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Cactus to post earnings of $0.67 per share and revenue of $272.22 million for the quarter.

Cactus (NYSE:WHD - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.01). Cactus had a return on equity of 20.24% and a net margin of 16.57%. The business had revenue of $272.12 million during the quarter, compared to the consensus estimate of $277.59 million. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cactus Stock Performance

NYSE WHD traded down $0.41 on Monday, reaching $38.52. 159,150 shares of the stock were exchanged, compared to its average volume of 777,110. The firm has a market capitalization of $3.07 billion, a PE ratio of 13.64, a PEG ratio of 5.13 and a beta of 1.74. Cactus has a one year low of $33.80 and a one year high of $70.01. The company's 50-day simple moving average is $44.75 and its two-hundred day simple moving average is $56.02. The company has a current ratio of 3.82, a quick ratio of 2.67 and a debt-to-equity ratio of 0.01.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on WHD. Stifel Nicolaus cut their price objective on Cactus from $64.00 to $61.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Barclays decreased their price target on Cactus from $61.00 to $54.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Cactus has a consensus rating of "Hold" and an average target price of $53.80.

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.