What is Zacks Research’s Forecast for Cactus Q3 Earnings?

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for shares of Cactus in a note issued to investors on Tuesday, September 9th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.60 per share for the quarter, down from their prior forecast of $0.61. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Cactus’ current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus’ Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $2.55 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.78 EPS and Q1 2027 earnings at $0.75 EPS.

Several other brokerages have also commented on WHD. Barclays reaffirmed an “overweight” rating and issued a $52.00 price target (down previously from $53.00) on shares of Cactus in a research note on Monday, August 4th. JPMorgan Chase & Co. dropped their target price on Cactus from $52.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday, May 28th. Stifel Nicolaus reduced their price target on Cactus from $57.00 to $53.00 and set a “buy” rating for the company in a report on Friday, August 1st. Finally, Wall Street Zen raised Cactus from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Cactus currently has a consensus rating of “Hold” and an average target price of $50.75.

Cactus Stock Performance

Shares of Cactus stock opened at $41.43 on Wednesday. Cactus has a 52 week low of $33.80 and a 52 week high of $70.01. The company has a quick ratio of 3.48, a current ratio of 4.85 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $42.46 and its two-hundred day moving average is $43.14. The company has a market capitalization of $3.31 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 3.86 and a beta of 1.53.

Cactus (NYSE:WHD) last announced its earnings results on Wednesday, July 30th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.01). Cactus had a return on equity of 17.34% and a net margin of 16.19%.The firm had revenue of $273.58 million during the quarter, compared to analysts’ expectations of $280.28 million. During the same period in the previous year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was down 5.8% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WHD. T. Rowe Price Investment Management Inc. boosted its position in shares of Cactus by 7.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,947,835 shares of the company’s stock valued at $135,100,000 after purchasing an additional 195,496 shares during the period. State Street Corp increased its position in shares of Cactus by 0.7% during the second quarter. State Street Corp now owns 2,774,526 shares of the company’s stock valued at $121,302,000 after purchasing an additional 18,104 shares during the period. Geode Capital Management LLC grew its position in Cactus by 2.6% in the second quarter. Geode Capital Management LLC now owns 1,912,393 shares of the company’s stock valued at $83,618,000 after acquiring an additional 48,562 shares during the period. Wellington Management Group LLP grew its holdings in shares of Cactus by 12.1% during the first quarter. Wellington Management Group LLP now owns 1,508,103 shares of the company’s stock worth $69,116,000 after purchasing an additional 162,374 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Cactus by 5.2% in the second quarter. First Trust Advisors LP now owns 1,349,868 shares of the company’s stock valued at $59,016,000 after acquiring an additional 66,591 shares during the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Insiders Place Their Bets

In related news, EVP William D. Marsh sold 10,172 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $41.32, for a total value of $420,307.04. Following the completion of the sale, the executive vice president directly owned 11,088 shares of the company’s stock, valued at $458,156.16. This represents a 47.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 13.75% of the stock is owned by corporate insiders.

Cactus Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Friday, August 29th will be paid a $0.14 dividend. This is a boost from Cactus’s previous quarterly dividend of $0.13. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 29th. Cactus’s dividend payout ratio (DPR) is presently 21.13%.

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.