Zacks Research Issues Negative Estimate for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Cactus in a research note issued on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts 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.

Separately, Barclays dropped their target price on shares of Cactus from $61.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 5th. One 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. Based on data from MarketBeat.com, Cactus has a consensus rating of “Hold” and a consensus price target of $55.00.

Cactus Stock Up 3.4 %

NYSE:WHD opened at $44.96 on Monday. The company has a market cap of $3.58 billion, a PE ratio of 15.94, a P/E/G ratio of 5.13 and a beta of 2.05. Cactus has a twelve month low of $43.27 and a twelve month high of $70.01. The company has a current ratio of 3.82, a quick ratio of 2.67 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average is $57.52 and its two-hundred day moving average is $60.17.

Cactus (NYSE:WHD) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.01). The firm had revenue of $272.12 million for the quarter, compared to the consensus estimate of $277.59 million. Cactus had a return on equity of 20.24% and a net margin of 16.57%.

Hedge Funds Weigh In On Cactus

Several large investors have recently made changes to their positions in WHD. Vanguard Group Inc. raised its position in 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 during the period. JPMorgan Chase & Co. grew its holdings in shares of Cactus by 1.7% in the third 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 period. State Street Corp grew its holdings in shares of Cactus by 3.0% in the third 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 period. Geode Capital Management LLC grew its holdings in shares of Cactus by 2.6% in the fourth 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 period. Finally, Boston Trust Walden Corp grew its holdings in shares of Cactus by 0.6% in the fourth 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 period. 85.11% of the stock is currently owned by institutional investors and hedge funds.

Cactus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 3rd will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Monday, March 3rd. Cactus’s dividend payout ratio is currently 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.