Cactus (WHD) Projected to Post Quarterly Earnings on Wednesday

Cactus (NYSE:WHD) is projected to issue its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.7690 per share and revenue of $438.07 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.29. Cactus had a net margin of 6.01% and a return on equity of 16.66%. The firm had revenue of $449.53 million during the quarter, compared to analyst estimates of $400.82 million. During the same quarter last year, the business earned $0.66 EPS. The company’s revenue was up 64.3% compared to the same quarter last year. On average, analysts expect Cactus to post $3.08 EPS for the current fiscal year and $3.50 EPS for the next fiscal year.

Cactus Stock Performance

Shares of Cactus stock opened at $65.16 on Tuesday. The company has a market cap of $5.22 billion, a P/E ratio of 55.69, a PEG ratio of 1.69 and a beta of 1.42. The business has a 50-day moving average price of $66.47 and a two-hundred day moving average price of $58.06. The company has a current ratio of 2.59, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01. Cactus has a 1-year low of $39.16 and a 1-year high of $74.07.

Cactus Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 31st were issued a dividend of $0.15 per share. This is an increase from Cactus’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, August 31st. Cactus’s dividend payout ratio (DPR) is currently 51.28%.

Insiders Place Their Bets

In other news, CEO Stephen Tadlock sold 38,455 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $63.80, for a total transaction of $2,453,429.00. Following the sale, the chief executive officer owned 43,178 shares in the company, valued at approximately $2,754,756.40. This trade represents a 47.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Scott Bender sold 100,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $61.97, for a total value of $6,197,000.00. Following the sale, the chief executive officer owned 120,527 shares in the company, valued at $7,469,058.19. The trade was a 45.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 450,155 shares of company stock valued at $28,763,333 in the last ninety days. Corporate insiders own 12.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on WHD shares. Citigroup reduced their price target on shares of Cactus from $75.00 to $73.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Wall Street Zen upgraded Cactus from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Stifel Nicolaus upped their price objective on shares of Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research report on Tuesday, September 8th. Finally, Piper Sandler lifted their price target on shares of Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $66.60.

About Cactus

Cactus, Inc (NYSE: WHD) designs, manufactures, sells and rents wellhead and pressure-control equipment used in onshore oil and gas drilling and production. Its products are designed to help operators manage pressure and control access to wells during drilling, completion and production activities.

The company’s offerings include wellhead systems, frac stacks, zipper manifolds and other pressure-control equipment. Cactus also provides field services, including equipment installation, maintenance and support, as well as rental services for selected products.