Cactus (WHD) Expected to Announce 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 the company 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 results page 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 data on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.29. The company had revenue of $449.53 million for the quarter, compared to analysts’ expectations of $400.82 million. Cactus had a return on equity of 16.66% and a net margin of 6.01%. The business’s revenue was up 64.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 EPS. 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 Trading Up 1.2%

NYSE WHD opened at $62.52 on Wednesday. Cactus has a 12 month low of $37.15 and a 12 month high of $74.07. The company has a current ratio of 2.59, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $67.20 and a 200-day moving average of $60.17. The company has a market cap of $5.01 billion, a PE ratio of 53.44, a PEG ratio of 1.65 and a beta of 1.42.

Cactus Increases Dividend

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

Insiders Place Their Bets

In related news, President Joel Bender sold 100,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the president directly owned 41,519 shares of the company’s stock, valued at approximately $2,921,692.03. The trade was a 70.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Scott Bender sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $61.97, for a total value of $6,197,000.00. Following the transaction, the chief executive officer directly owned 120,527 shares in the company, valued at $7,469,058.19. The trade was a 45.35% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 463,455 shares of company stock valued at $29,495,764. 12.91% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on WHD shares. Piper Sandler increased their price target 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. Wall Street Zen upgraded shares of Cactus from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Stifel Nicolaus boosted their price objective on shares of Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Citigroup dropped their target price on shares of Cactus from $75.00 to $73.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Cactus in a research note on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average 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.