Zacks Research Has Bearish Estimate for Cactus Q2 Earnings

Cactus, Inc. (NYSE:WHD) – Research analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for Cactus in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will earn $0.77 per share for the quarter, down from their previous forecast of $0.80. 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 $0.82 EPS, FY2025 earnings at $3.09 EPS, Q2 2026 earnings at $0.88 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $0.86 EPS and FY2026 earnings at $3.36 EPS.

Cactus (NYSE:WHD) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The company had revenue of $272.12 million for the quarter, compared to analyst estimates of $277.59 million. Cactus had a return on equity of 20.24% and a net margin of 16.57%.

Separately, 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 investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $55.00.

Cactus Stock Performance

Shares of WHD stock opened at $46.28 on Monday. Cactus has a 12-month low of $43.27 and a 12-month high of $70.01. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 5.13 and a beta of 2.05. The business has a 50 day simple moving average of $56.97 and a 200 day simple moving average of $59.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.82 and a quick ratio of 2.67.

Institutional Trading of Cactus

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Cactus by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 7,680,731 shares of the company’s stock worth $448,247,000 after acquiring an additional 147,395 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Cactus by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 3,102,984 shares of the company’s stock valued at $185,155,000 after buying an additional 52,085 shares in the last quarter. State Street Corp raised its holdings in Cactus by 3.0% during the third quarter. State Street Corp now owns 2,755,757 shares of the company’s stock valued at $164,436,000 after buying an additional 81,149 shares in the last quarter. Geode Capital Management LLC raised its holdings in Cactus by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,804,107 shares of the company’s stock valued at $105,308,000 after buying an additional 45,821 shares in the last quarter. Finally, Boston Trust Walden Corp raised its holdings in Cactus by 0.6% during the fourth quarter. Boston Trust Walden Corp now owns 1,797,489 shares of the company’s stock valued at $104,901,000 after buying an additional 9,884 shares in the last quarter. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Cactus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 3rd will be issued a dividend of $0.13 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.52 annualized dividend and a dividend yield of 1.12%. Cactus’s dividend payout ratio is 18.84%.

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.