Cactus (NYSE:WHD – Get Free Report) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Cactus to post earnings of $0.6370 per share and revenue of $400.8160 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.
Cactus (NYSE:WHD – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.05. The business had revenue of $388.35 million for the quarter, compared to the consensus estimate of $380.42 million. Cactus had a return on equity of 15.43% and a net margin of 6.17%.Cactus’s revenue for the quarter was up 38.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Cactus Stock Up 2.8%
NYSE:WHD opened at $55.16 on Wednesday. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 52.03, a PEG ratio of 2.02 and a beta of 1.38. Cactus has a 1-year low of $33.20 and a 1-year high of $64.30. The company has a current ratio of 2.61, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average price is $56.03 and its 200 day moving average price is $53.93.
Cactus Dividend Announcement
Insider Activity
In related news, Director Michael Y. Mcgovern sold 12,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $56.57, for a total value of $678,840.00. Following the transaction, the director owned 15,990 shares in the company, valued at approximately $904,554.30. This represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Alan Semple sold 10,206 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total transaction of $577,863.72. Following the transaction, the director directly owned 29,444 shares in the company, valued at approximately $1,667,119.28. The trade was a 25.74% decrease in their position. The disclosure for this sale is available in the SEC filing. 12.91% of the stock is owned by insiders.
Institutional Trading of Cactus
Several large investors have recently added to or reduced their stakes in WHD. Creative Planning raised its holdings in shares of Cactus by 47.0% during the 3rd quarter. Creative Planning now owns 22,811 shares of the company’s stock valued at $900,000 after purchasing an additional 7,289 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Cactus by 101.1% in the first quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock worth $524,000 after purchasing an additional 5,745 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Cactus by 2.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 10,066 shares of the company’s stock worth $460,000 after purchasing an additional 208 shares in the last quarter. Nebula Research & Development LLC increased its position in Cactus by 127.3% during the second quarter. Nebula Research & Development LLC now owns 10,429 shares of the company’s stock worth $456,000 after buying an additional 5,840 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in Cactus during the fourth quarter worth $436,000. 85.11% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on WHD shares. Barclays increased their price target on shares of Cactus from $62.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Piper Sandler upped their price objective on shares of Cactus from $72.00 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Citigroup lifted their target price on shares of Cactus from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Stifel Nicolaus restated a “buy” rating and set a $68.00 price target (up from $66.00) on shares of Cactus in a report on Tuesday, June 16th. Finally, Weiss Ratings raised shares of Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.60.
View Our Latest Research Report on WHD
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. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.
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