Zacks Research Has Pessimistic Outlook of Cactus Q2 Earnings

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Cactus in a research report issued to clients and investors on Thursday, June 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.72. 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 $0.71 EPS, Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.83 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $3.10 EPS.

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 18.99% and a net margin of 16.78%. The company had revenue of $280.32 million for the quarter, compared to analyst estimates of $272.22 million. During the same quarter in the previous year, the firm earned $0.75 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year.

Several other equities analysts have also issued reports on the company. Barclays upgraded Cactus from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $51.00 to $54.00 in a research note on Wednesday, June 4th. Stifel Nicolaus cut their target price on Cactus from $61.00 to $57.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. cut their target price on Cactus from $52.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Cactus presently has a consensus rating of “Hold” and an average price target of $52.50.

Cactus Price Performance

WHD opened at $45.87 on Monday. The business’s 50-day moving average is $41.35 and its two-hundred day moving average is $50.70. Cactus has a 1 year low of $33.80 and a 1 year high of $70.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.85 and a quick ratio of 3.47. The firm has a market capitalization of $3.66 billion, a PE ratio of 16.32 and a beta of 1.49.

Institutional Investors Weigh In On Cactus

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of 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 last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Cactus by 7.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,947,835 shares of the company’s stock worth $135,100,000 after acquiring an additional 195,496 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Cactus by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,804,107 shares of the company’s stock worth $105,308,000 after acquiring an additional 45,821 shares during the last quarter. Capital International Investors lifted its holdings in shares of Cactus by 14.8% during the fourth quarter. Capital International Investors now owns 1,686,858 shares of the company’s stock worth $98,445,000 after purchasing an additional 218,004 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Cactus by 34.6% during the fourth quarter. First Trust Advisors LP now owns 1,556,565 shares of the company’s stock worth $90,841,000 after purchasing an additional 400,452 shares during the period. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Cactus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, June 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.13%. Cactus’s payout ratio is 18.51%.

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.