Cactus (WHD) Expected to Announce Earnings on Wednesday

Posted by Anthony Miller on Feb 25th, 2025

Cactus (NYSE:WHD – Get Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Cactus to post earnings of $0.72 per share and revenue of $277.59 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Cactus Trading Up 0.2 %

Shares of WHD opened at $58.48 on Tuesday. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 20.74, a P/E/G ratio of 5.13 and a beta of 1.97. The company has a quick ratio of 2.67, a current ratio of 3.82 and a debt-to-equity ratio of 0.01. Cactus has a 12-month low of $44.57 and a 12-month high of $70.01. The stock’s 50-day moving average price is $60.11 and its 200 day moving average price is $61.19.

Cactus Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 3rd will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.52 annualized dividend and a dividend yield of 0.89%. Cactus’s dividend payout ratio is presently 18.44%.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded shares of Cactus from an “overweight” rating to an “equal weight” rating and set a $61.00 price target for the company. in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $56.40.

View Our Latest Analysis on Cactus

Cactus Company Profile

(Get Free Report)

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.