Brokers Issue Forecasts for Cactus’ Q2 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Cactus in a note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $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 issued its earnings results on Wednesday, February 26th. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.01). The business had revenue of $272.12 million for the quarter, compared to the consensus estimate of $277.59 million. Cactus had a net margin of 16.57% and a return on equity of 20.24%.

Separately, Barclays lowered their price objective on shares of Cactus from $61.00 to $54.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $55.00.

Cactus Stock Performance

Shares of Cactus stock opened at $46.28 on Monday. The firm has a fifty day moving average of $56.97 and a two-hundred day moving average of $59.98. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 16.41, a PEG ratio of 5.13 and a beta of 2.05. Cactus has a 52 week low of $43.27 and a 52 week high of $70.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.67 and a current ratio of 3.82.

Cactus Announces Dividend

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

Hedge Funds Weigh In On Cactus

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Cactus by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 7,680,731 shares of the company’s stock valued at $448,247,000 after purchasing an additional 147,395 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Cactus by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,102,984 shares of the company’s stock valued at $185,155,000 after purchasing an additional 52,085 shares during the last quarter. State Street Corp lifted its stake in Cactus by 3.0% in the 3rd quarter. State Street Corp now owns 2,755,757 shares of the company’s stock valued at $164,436,000 after purchasing an additional 81,149 shares during the last quarter. Geode Capital Management LLC lifted its stake in Cactus by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 1,804,107 shares of the company’s stock valued at $105,308,000 after purchasing an additional 45,821 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its stake in Cactus by 0.6% in the 4th quarter. Boston Trust Walden Corp now owns 1,797,489 shares of the company’s stock valued at $104,901,000 after purchasing an additional 9,884 shares during the last quarter. 85.11% of the stock is currently owned by institutional investors and hedge funds.

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.