Cactus (WHD) Expected to Post Quarterly Earnings on Wednesday

Key Points

• Cactus is expected to report Q3 2026 results after Wednesday’s market close. Analysts forecast earnings of $0.769 per share and revenue of $438.07 million; the earnings call is scheduled for Thursday, October 29.
• The company’s previous quarter exceeded expectations, with $0.93 EPS versus the $0.64 consensus and revenue of $449.53 million, up 64.3% year over year.
• Wall Street’s consensus rating remains “Hold,” with an average price target of $66.60. Cactus recently raised its quarterly dividend to $0.15 per share, while insiders sold roughly $29.5 million of stock over the past three months.

Cactus (NYSE:WHD - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Cactus to post earnings of $0.7690 per share and revenue of $438.07 million for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.29. Cactus had a net margin of 6.01% and a return on equity of 16.66%. The company had revenue of $449.53 million during the quarter, compared to analysts' expectations of $400.82 million. During the same quarter in the prior year, the company earned $0.66 earnings per share. The business's quarterly revenue was up 64.3% compared to the same quarter last year. On average, analysts expect Cactus to post $3.08 EPS for the current fiscal year and $3.50 EPS for the next fiscal year.

Cactus Stock Up 1.2%

Shares of WHD stock opened at $62.52 on Wednesday. Cactus has a 12-month low of $37.15 and a 12-month high of $74.07. The company has a quick ratio of 1.81, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $67.20 and a 200-day moving average of $60.17. The company has a market capitalization of $5.01 billion, a price-to-earnings ratio of 53.44, a P/E/G ratio of 1.65 and a beta of 1.42.

Cactus Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Monday, August 31st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, August 31st. This is a boost from Cactus's previous quarterly dividend of $0.14. Cactus's dividend payout ratio (DPR) is currently 51.28%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WHD. Barclays increased their target price on Cactus from $74.00 to $75.00 and gave the stock an "overweight" rating in a report on Thursday, October 15th. Wall Street Zen upgraded Cactus from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Stifel Nicolaus upped their price objective on Cactus from $68.00 to $72.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Piper Sandler upped their price objective on Cactus from $72.00 to $73.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Finally, Citigroup decreased their price objective on Cactus from $75.00 to $73.00 and set a "neutral" rating for the company in a report on Wednesday, September 30th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $66.60.

Insider Buying and Selling at Cactus

In other Cactus news, CEO Stephen Tadlock sold 38,455 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $63.80, for a total transaction of $2,453,429.00. Following the sale, the chief executive officer directly owned 43,178 shares of the company's stock, valued at $2,754,756.40. The trade was a 47.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Scott Bender sold 100,000 shares of the business's stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $61.97, for a total transaction of $6,197,000.00. Following the sale, the chief executive officer directly owned 120,527 shares in the company, valued at $7,469,058.19. This trade represents a 45.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 463,455 shares of company stock worth $29,495,764 in the last three months. 12.91% of the stock is currently owned by company insiders.

Cactus Company Profile

Cactus, Inc NYSE: WHD designs, manufactures, sells and rents wellhead and pressure-control equipment used in onshore oil and gas drilling and production. Its products are designed to help operators manage pressure and control access to wells during drilling, completion and production activities.

The company's offerings include wellhead systems, frac stacks, zipper manifolds and other pressure-control equipment. Cactus also provides field services, including equipment installation, maintenance and support, as well as rental services for selected products.

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