Zacks Research Weighs in on Cactus’ Q4 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research lifted their Q4 2026 earnings per share estimates for shares of Cactus in a research report issued on Tuesday, January 27th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.67 for the quarter, up from their previous forecast of $0.66. 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’ Q1 2027 earnings at $0.78 EPS and Q4 2027 earnings at $0.84 EPS.

Cactus (NYSE:WHD) last announced its earnings results on Wednesday, October 29th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.09. Cactus had a return on equity of 16.02% and a net margin of 15.86%.The business had revenue of $263.95 million during the quarter, compared to analysts’ expectations of $253.89 million. During the same quarter last year, the business posted $0.74 earnings per share. The company’s quarterly revenue was down 10.0% on a year-over-year basis.

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

Cactus Stock Up 0.7%

Shares of Cactus stock opened at $56.26 on Thursday. Cactus has a 12-month low of $33.20 and a 12-month high of $61.65. The firm has a market capitalization of $4.49 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 5.71 and a beta of 1.26. The company has a quick ratio of 3.74, a current ratio of 5.28 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $48.31 and its 200-day moving average is $43.37.

Institutional Investors Weigh In On Cactus

Several hedge funds have recently modified their holdings of the business. Vest Financial LLC lifted its stake in shares of Cactus by 24.7% in the fourth quarter. Vest Financial LLC now owns 134,568 shares of the company’s stock valued at $6,147,000 after buying an additional 26,669 shares during the period. Pictet Asset Management Holding SA raised its holdings in Cactus by 11.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 11,487 shares of the company’s stock valued at $525,000 after acquiring an additional 1,215 shares in the last quarter. UBS Group AG raised its holdings in Cactus by 81.8% in the 4th quarter. UBS Group AG now owns 380,513 shares of the company’s stock valued at $17,382,000 after acquiring an additional 171,223 shares in the last quarter. Paradice Investment Management LLC lifted its position in shares of Cactus by 16.1% in the 4th quarter. Paradice Investment Management LLC now owns 675,932 shares of the company’s stock worth $30,877,000 after acquiring an additional 93,714 shares during the period. Finally, B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Cactus by 39.5% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 30,864 shares of the company’s stock worth $1,410,000 after purchasing an additional 8,743 shares in the last quarter. 85.11% of the stock is owned by institutional investors.

Cactus Company Profile

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.