Brokers Issue Forecasts for Cactus' Q3 Earnings (NYSE:WHD)

Key Points

• Analysts at Zacks Research have downgraded their Q3 2025 earnings per share (EPS) estimate for Cactus, Inc. to $0.60, down from $0.61, maintaining a "Strong Sell" rating.
• Cactus recently reported a Q2 EPS of $0.66, which missed the consensus estimate of $0.67, while its revenue was down 5.8% year-over-year.
• The company has increased its quarterly dividend to $0.14 per share, representing an annualized yield of 1.4%, with a payout ratio of 21.13%.

Cactus, Inc. (NYSE:WHD - Free Report) - Stock analysts at Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for Cactus in a research report issued on Tuesday, September 9th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.61. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Cactus' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus' Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $2.55 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.78 EPS and Q1 2027 earnings at $0.75 EPS.

Several other research analysts also recently issued reports on WHD. 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 research note on Wednesday, May 28th. Stifel Nicolaus cut their price target on Cactus from $57.00 to $53.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Barclays reaffirmed an "overweight" rating and set a $52.00 price target (down previously from $53.00) on shares of Cactus in a research note on Monday, August 4th. Finally, Wall Street Zen raised Cactus from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $50.75.

Cactus Price Performance

Cactus stock traded down $1.72 during midday trading on Wednesday, reaching $40.00. The company's stock had a trading volume of 560,876 shares, compared to its average volume of 585,326. Cactus has a fifty-two week low of $33.80 and a fifty-two week high of $70.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.48 and a current ratio of 4.85. The stock's 50 day simple moving average is $42.29 and its 200 day simple moving average is $42.90. The firm has a market capitalization of $3.19 billion, a PE ratio of 15.09, a P/E/G ratio of 3.94 and a beta of 1.53.

Cactus (NYSE:WHD - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.01). Cactus had a net margin of 16.19% and a return on equity of 17.34%. The business had revenue of $273.58 million during the quarter, compared to analyst estimates of $280.28 million. During the same period last year, the business posted $0.81 EPS. Cactus's revenue was down 5.8% compared to the same quarter last year.

Institutional Trading of Cactus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. grew its holdings in Cactus by 113.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company's stock valued at $47,000 after buying an additional 543 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Cactus in the 1st quarter valued at about $57,000. Financial Harvest LLC purchased a new stake in Cactus in the 1st quarter valued at about $130,000. CWM LLC grew its holdings in Cactus by 131.7% in the 2nd quarter. CWM LLC now owns 2,966 shares of the company's stock valued at $130,000 after buying an additional 1,686 shares during the period. Finally, KBC Group NV grew its holdings in Cactus by 11.9% in the 1st quarter. KBC Group NV now owns 3,373 shares of the company's stock valued at $155,000 after buying an additional 360 shares during the period. Hedge funds and other institutional investors own 85.11% of the company's stock.

Insiders Place Their Bets

In related news, EVP William D. Marsh sold 10,172 shares of the business's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $41.32, for a total value of $420,307.04. Following the completion of the transaction, the executive vice president owned 11,088 shares of the company's stock, valued at approximately $458,156.16. The trade was a 47.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 13.75% of the company's stock.

Cactus Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Friday, August 29th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Cactus's previous quarterly dividend of $0.13. Cactus's dividend payout ratio is presently 21.13%.

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.