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

Cactus, Inc. (NYSE:WHD - Free Report) - Analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of Cactus in a research report issued to clients and investors on Monday, July 14th. Zacks Research analyst R. Department now expects that the company will earn $0.68 per share for the quarter, down from their prior estimate of $0.72. 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 $0.68 EPS, Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $2.71 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.69 EPS and FY2026 earnings at $2.89 EPS.

Cactus (NYSE:WHD - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. The business had revenue of $280.32 million for the quarter, compared to analysts' expectations of $272.22 million. Cactus had a return on equity of 18.99% and a net margin of 16.78%. The business's revenue was up 2.3% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS.

WHD has been the subject of a number of other research reports. Stifel Nicolaus reduced their target price on Cactus from $61.00 to $57.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Barclays decreased their price objective on Cactus from $54.00 to $53.00 and set an "overweight" rating for the company in a report on Friday, June 20th. Finally, JPMorgan Chase & Co. cut their target price on Cactus from $52.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 28th.

Cactus Price Performance

WHD remained flat at $43.57 during trading hours on Thursday. The company had a trading volume of 408,138 shares, compared to its average volume of 688,754. The firm's 50-day simple moving average is $44.18 and its two-hundred day simple moving average is $48.06. Cactus has a 52 week low of $33.80 and a 52 week high of $70.01. The stock has a market capitalization of $3.48 billion, a PE ratio of 15.51, a PEG ratio of 3.83 and a beta of 1.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.47 and a current ratio of 4.85.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. State of Tennessee Department of Treasury raised its stake in Cactus by 0.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 35,828 shares of the company's stock valued at $2,091,000 after purchasing an additional 177 shares during the period. O Shaughnessy Asset Management LLC raised its stake in Cactus by 1.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,382 shares of the company's stock valued at $606,000 after purchasing an additional 180 shares during the period. PNC Financial Services Group Inc. raised its stake in Cactus by 6.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,776 shares of the company's stock valued at $220,000 after purchasing an additional 239 shares during the period. Central Pacific Bank Trust Division raised its stake in Cactus by 7.5% during the 1st quarter. Central Pacific Bank Trust Division now owns 3,586 shares of the company's stock valued at $164,000 after purchasing an additional 250 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Cactus by 5.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,133 shares of the company's stock valued at $300,000 after purchasing an additional 269 shares during the period. 85.11% of the stock is owned by hedge funds and other institutional investors.

Cactus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 2nd were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.19%. Cactus's payout ratio is currently 18.51%.

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.