Zacks Research Comments on Cactus’ Q2 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for Cactus in a research note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.75. 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 $0.80 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $3.02 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.83 EPS, FY2026 earnings at $3.29 EPS and FY2027 earnings at $3.44 EPS.

Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. reduced their target price on Cactus from $54.00 to $52.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 6th. Barclays dropped their price target on Cactus from $54.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Friday, May 2nd. Finally, Stifel Nicolaus dropped their price target on Cactus from $61.00 to $57.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. One equities research 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, Cactus presently has an average rating of “Hold” and an average target price of $52.33.

Cactus Price Performance

WHD opened at $41.01 on Wednesday. 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 has a 52-week low of $33.80 and a 52-week high of $70.01. The stock has a market capitalization of $3.26 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 5.13 and a beta of 1.50. The stock’s 50 day moving average price is $41.23 and its 200-day moving average price is $53.79.

Cactus (NYSE:WHD) last posted its earnings results on Wednesday, April 30th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. Cactus had a return on equity of 20.24% and a net margin of 16.57%. The firm had revenue of $280.32 million for the quarter, compared to analysts’ expectations of $272.22 million. During the same period in the previous year, the firm earned $0.75 earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year.

Cactus Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 2nd will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.27%. The ex-dividend date is Monday, June 2nd. Cactus’s dividend payout ratio (DPR) is 18.51%.

Institutional Investors Weigh In On Cactus

Several hedge funds have recently added to or reduced their stakes in WHD. Illinois Municipal Retirement Fund lifted its holdings in shares of Cactus by 0.5% during the fourth quarter. Illinois Municipal Retirement Fund now owns 37,412 shares of the company’s stock valued at $2,183,000 after purchasing an additional 169 shares in the last quarter. State of Tennessee Department of Treasury lifted its holdings in shares of Cactus by 0.5% during the fourth 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 in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Cactus by 1.8% during the fourth 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 in the last quarter. New York State Teachers Retirement System lifted its holdings in shares of Cactus by 1.3% during the fourth quarter. New York State Teachers Retirement System now owns 15,700 shares of the company’s stock valued at $916,000 after purchasing an additional 200 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of Cactus by 7.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,369 shares of the company’s stock valued at $197,000 after purchasing an additional 221 shares in the last quarter. 85.11% of the stock is owned by institutional investors.

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.