Brokers Offer Predictions for Cactus, Inc.’s FY2025 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Investment analysts at Zacks Research reduced their FY2025 EPS estimates for shares of Cactus in a research report issued to clients and investors on Wednesday, April 24th. Zacks Research analyst R. Department now forecasts that the company will earn $3.59 per share for the year, down from their prior forecast of $3.60. The consensus estimate for Cactus’ current full-year earnings is $2.87 per share. Zacks Research also issued estimates for Cactus’ FY2026 earnings at $3.75 EPS.

Cactus (NYSE:WHD) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.13. Cactus had a net margin of 15.42% and a return on equity of 22.69%. The business had revenue of $274.87 million for the quarter, compared to analysts’ expectations of $268.56 million. During the same period in the prior year, the company posted $0.57 EPS. The business’s revenue for the quarter was up 46.4% on a year-over-year basis.

WHD has been the topic of a number of other reports. Stifel Nicolaus lowered their price target on shares of Cactus from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd. Benchmark lowered shares of Cactus from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. Finally, Bank of America boosted their price objective on shares of Cactus from $40.00 to $43.00 and gave the stock an “underperform” rating in a research report on Monday, April 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $55.29.

Cactus Stock Performance

NYSE:WHD opened at $51.80 on Friday. The company has a quick ratio of 2.00, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. Cactus has a fifty-two week low of $31.36 and a fifty-two week high of $57.00. The stock has a market cap of $4.11 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 9.30 and a beta of 1.96. The firm’s fifty day simple moving average is $48.71 and its 200-day simple moving average is $45.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new position in shares of Cactus during the 4th quarter valued at about $30,000. GAMMA Investing LLC acquired a new position in shares of Cactus during the 4th quarter valued at about $33,000. NBC Securities Inc. acquired a new position in shares of Cactus during the 3rd quarter valued at about $36,000. Signaturefd LLC increased its stake in shares of Cactus by 164.5% during the 3rd quarter. Signaturefd LLC now owns 857 shares of the company’s stock valued at $43,000 after acquiring an additional 533 shares during the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of Cactus during the 3rd quarter valued at about $70,000. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cactus news, CEO Scott Bender sold 78,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $45.79, for a total value of $3,571,620.00. Following the transaction, the chief executive officer now directly owns 20 shares in the company, valued at approximately $915.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Cactus news, CEO Scott Bender sold 78,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $45.79, for a total value of $3,571,620.00. Following the transaction, the chief executive officer now directly owns 20 shares in the company, valued at approximately $915.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP William D. Marsh sold 1,700 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $46.20, for a total transaction of $78,540.00. Following the completion of the transaction, the executive vice president now owns 3,911 shares in the company, valued at $180,688.20. The disclosure for this sale can be found here. Insiders own 17.72% of the company’s stock.

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.