Zacks Research Brokers Reduce Earnings Estimates for Cactus

Cactus, Inc. (NYSE:WHD) – Research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for Cactus in a report issued on Tuesday, January 27th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their prior forecast of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Cactus’ current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus’ Q2 2026 earnings at $0.72 EPS and FY2026 earnings at $2.72 EPS.

Cactus (NYSE:WHD) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.09. Cactus had a return on equity of 16.02% and a net margin of 15.86%.The firm had revenue of $263.95 million during the quarter, compared to the consensus estimate of $253.89 million. During the same period in the prior year, the business earned $0.74 EPS. The firm’s revenue was down 10.0% on a year-over-year basis.

A number of other equities analysts have also issued reports on WHD. Barclays increased their target price on shares of Cactus from $51.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research note on Monday, December 29th. Citigroup upgraded shares of Cactus from a “neutral” rating to a “buy” rating and increased their price objective for the company from $45.00 to $55.00 in a report on Thursday, December 11th. Bank of America raised Cactus from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $39.00 to $40.00 in a report on Wednesday, October 29th. Finally, Stifel Nicolaus upped their target price on Cactus from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $50.20.

Cactus Stock Up 2.0%

WHD opened at $55.90 on Wednesday. The stock’s 50 day moving average price is $48.01 and its 200 day moving average price is $43.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.28 and a quick ratio of 3.74. The stock has a market cap of $4.46 billion, a P/E ratio of 22.27, a P/E/G ratio of 5.60 and a beta of 1.26. Cactus has a 12 month low of $33.20 and a 12 month high of $62.47.

Institutional Investors Weigh In On Cactus

A number of institutional investors have recently bought and sold shares of WHD. Salomon & Ludwin LLC acquired a new position in shares of Cactus in the 3rd quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its position in Cactus by 67.6% during the third quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock valued at $25,000 after purchasing an additional 259 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in Cactus during the third quarter valued at approximately $33,000. Huntington National Bank increased its stake in Cactus by 55.4% in the 3rd quarter. Huntington National Bank now owns 1,094 shares of the company’s stock valued at $43,000 after buying an additional 390 shares during the period. Finally, Advisors Asset Management Inc. lifted its position in Cactus by 113.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after buying an additional 543 shares in the last quarter. 85.11% of the stock is currently owned by institutional investors and hedge funds.

More Cactus News

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Yahoo Finance reports Cactus is showing improving trends (“green shoots”) since October, a narrative that supports investor optimism about a recovery in revenue or margins. Cactus Seeing Green Shoots Since October
• Positive Sentiment: Zacks Research nudged up several forward-quarter EPS estimates (small raises to Q4 2026, Q1 2027 and Q4 2027 estimates), which signals improving analyst expectations for later quarters and helps justify higher valuations in the near term.
• Neutral Sentiment: Zacks left the consensus full‑year earnings view around $3.08 per share — indicating that while some quarters moved, the market’s baseline FY outlook hasn’t materially shifted.
• Negative Sentiment: Zacks downgraded Cactus from a “Strong‑Buy” to a “Hold,” reducing the buy-side endorsement that had supported the stock; that rating change is a negative signal for momentum investors. Zacks.com
• Negative Sentiment: Zacks cut near-term estimates — lowering Q1 2026, Q2 2026 and FY2026 EPS — which highlights near-term headwinds (weaker quarter-to-quarter demand or margin pressure) that could pressure results if the company doesn’t show sustained improvement.

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.