Cactus (WHD) Set to Post Quarterly Earnings on Wednesday

Cactus (NYSE:WHD) is expected to be posting its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Cactus to post earnings of $0.7690 per share and revenue of $438.07 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.29. Cactus had a net margin of 6.01% and a return on equity of 16.66%. The business had revenue of $449.53 million for the quarter, compared to the consensus estimate of $400.82 million. During the same period last year, the company posted $0.66 EPS. Cactus’s revenue for the quarter was up 64.3% on a year-over-year basis. 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 Down 0.0%

Cactus stock opened at $63.14 on Monday. The company’s 50 day simple moving average is $66.59 and its 200 day simple moving average is $60.47. Cactus has a fifty-two week low of $38.89 and a fifty-two week high of $74.07. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 53.96, a PEG ratio of 1.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 1.81.

Cactus Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 31st. This is a boost from Cactus’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a yield of 1.0%. Cactus’s payout ratio is currently 51.28%.

Wall Street Analyst Weigh In

WHD has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. 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 report on Tuesday, July 14th. Citigroup dropped their price objective on Cactus from $75.00 to $73.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Stifel Nicolaus lifted their target price on Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a research note on Tuesday, September 8th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cactus presently has a consensus rating of “Hold” and a consensus price target of $66.60.

Insider Activity at Cactus

In other Cactus news, President Joel Bender sold 100,000 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $70.37, for a total transaction of $7,037,000.00. Following the completion of the transaction, the president owned 41,519 shares in the company, valued at approximately $2,921,692.03. This represents a 70.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Bender sold 100,000 shares of Cactus 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 completion of the sale, the chief executive officer directly owned 120,527 shares in the company, valued at $7,469,058.19. This represents a 45.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 450,155 shares of company stock valued at $28,763,333 in the last quarter. 12.91% of the stock is currently owned by company insiders.

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.