Zacks Research Forecasts Cactus’ FY2025 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Equities researchers at Zacks Research increased their FY2025 earnings estimates for shares of Cactus in a research note issued on Wednesday, November 12th. Zacks Research analyst Team now anticipates that the company will earn $2.64 per share for the year, up from their prior forecast of $2.52. Zacks Research has a “Hold” 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’ Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.68 EPS, FY2026 earnings at $2.88 EPS and Q1 2027 earnings at $0.80 EPS.

Several other brokerages have also recently issued reports on WHD. Stifel Nicolaus increased their target price on Cactus from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Wall Street Zen upgraded Cactus from a “sell” rating to a “hold” rating in a research note on Saturday, August 30th. Bank of America raised Cactus from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $39.00 to $40.00 in a research report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cactus in a research note on Thursday, October 30th. Finally, Barclays reduced their target price on shares of Cactus from $52.00 to $51.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Cactus has a consensus rating of “Hold” and a consensus target price of $47.75.

Cactus Price Performance

Shares of WHD opened at $41.40 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.74 and a current ratio of 5.28. The company has a 50 day moving average price of $39.85 and a 200-day moving average price of $41.81. Cactus has a fifty-two week low of $33.20 and a fifty-two week high of $69.98. The stock has a market capitalization of $3.31 billion, a PE ratio of 16.49, a PEG ratio of 8.79 and a beta of 1.46.

Cactus (NYSE:WHD) last issued its earnings results on Wednesday, October 29th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.09. Cactus had a return on equity of 16.02% and a net margin of 15.86%.The business had revenue of $263.95 million during the quarter, compared to analysts’ expectations of $253.89 million. During the same period in the prior year, the business earned $0.74 EPS. The business’s revenue for the quarter was down 10.0% compared to the same quarter last year.

Cactus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Monday, December 1st will be paid a $0.14 dividend. The ex-dividend date is Monday, December 1st. This represents a $0.56 dividend on an annualized basis and a yield of 1.4%. Cactus’s dividend payout ratio (DPR) is 22.31%.

Insider Buying and Selling

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

Institutional Trading of Cactus

Large investors have recently made changes to their positions in the business. Teacher Retirement System of Texas acquired a new position in shares of Cactus in the 1st quarter valued at about $447,000. Xponance Inc. grew its holdings in Cactus by 5.7% during the first quarter. Xponance Inc. now owns 5,405 shares of the company’s stock worth $248,000 after acquiring an additional 291 shares during the period. Kingsview Wealth Management LLC purchased a new position in Cactus during the first quarter valued at approximately $2,586,000. Diversify Advisory Services LLC lifted its holdings in Cactus by 38.1% in the first quarter. Diversify Advisory Services LLC now owns 5,600 shares of the company’s stock valued at $257,000 after acquiring an additional 1,545 shares during the period. Finally, Financial Harvest LLC acquired a new position in Cactus in the first quarter valued at approximately $130,000. 85.11% of the stock is owned by hedge funds and other 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.