Zacks Research Has Pessimistic Outlook of Cactus Q2 Earnings

Cactus, Inc. (NYSE:WHD) – Stock analysts at Zacks Research dropped their Q2 2027 earnings per share (EPS) estimates for Cactus in a research note issued on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the company will earn $0.77 per share for the quarter, down from their previous forecast of $0.80. 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’ Q4 2027 earnings at $0.82 EPS.

Other analysts have also issued reports about the stock. Citigroup upped their price objective on shares of Cactus from $55.00 to $63.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Piper Sandler began coverage on shares of Cactus in a research report on Tuesday, February 24th. They set an “overweight” rating and a $73.00 target price on the stock. Barclays boosted their price target on shares of Cactus from $56.00 to $62.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen raised shares of Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Cactus in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Cactus has an average rating of “Moderate Buy” and a consensus price target of $56.33.

Cactus Stock Performance

Shares of Cactus stock opened at $46.43 on Friday. The firm has a market cap of $3.71 billion, a P/E ratio of 19.35, a P/E/G ratio of 4.59 and a beta of 1.25. The company has a current ratio of 5.81, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01. Cactus has a 12 month low of $33.20 and a 12 month high of $59.25. The stock’s fifty day moving average price is $53.98 and its 200-day moving average price is $46.01.

Cactus (NYSE:WHD) last issued its earnings results on Wednesday, February 25th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.07. Cactus had a return on equity of 15.18% and a net margin of 15.39%.The business had revenue of $261.20 million during the quarter, compared to analyst estimates of $250.60 million. During the same period in the previous year, the company posted $0.71 EPS. Cactus’s revenue was down 4.0% on a year-over-year basis.

Cactus Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 2nd will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. Cactus’s dividend payout ratio (DPR) is presently 23.33%.

Insider Transactions at Cactus

In other Cactus news, President Joel Bender sold 106,809 shares of Cactus stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $49.92, for a total value of $5,331,905.28. Following the transaction, the president owned 27,793 shares in the company, valued at $1,387,426.56. The trade was a 79.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 200,000 shares of company stock valued at $10,039,080 in the last 90 days. 13.75% of the stock is owned by insiders.

Institutional Trading of Cactus

Several hedge funds have recently modified their holdings of WHD. EverSource Wealth Advisors LLC grew its position in shares of Cactus by 67.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock worth $25,000 after buying an additional 259 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in Cactus during the third quarter valued at approximately $25,000. Aster Capital Management DIFC Ltd boosted its stake in Cactus by 73.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock valued at $34,000 after acquiring an additional 314 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in Cactus in the third quarter worth $33,000. Finally, Advisors Asset Management Inc. grew its holdings in Cactus by 113.8% in the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after purchasing an additional 543 shares during the last quarter. 85.11% of the stock is owned by hedge funds and other institutional investors.

More Cactus News

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Stifel Nicolaus published a buy on Cactus, giving independent broker support that can boost demand from discretionary investors. Cactus (WHD) Gets a Buy from Stifel Nicolaus
• Positive Sentiment: Several research shops raised near‑term targets/estimates and price objectives (e.g., Citigroup and Barclays increased price targets; Zacks raised Q1 2027 to $0.86 and bumped a few 2026 quarters), signaling pockets of improved short‑term earnings expectations and analyst support.
• Neutral Sentiment: Zacks Research retains a “Hold” on WHD and published a FY2028 view (EPS $3.66). That keeps the consensus framework intact but does not constitute an upgrade to conviction for many investors.
• Neutral Sentiment: Latest quarterly results (Feb. 25) showed an EPS beat ($0.65 vs. $0.58) and better‑than‑expected revenue, though revenue was down ~4% year‑over‑year — supportive for fundamentals but mixed on growth momentum.
• Neutral Sentiment: Company declared a quarterly dividend ($0.14; annualized $0.56, ~1.2% yield), a modest income signal but unlikely to be a major catalyst.
• Negative Sentiment: Zacks cut several near‑term EPS forecasts (multiple Q1–Q3 2026 cuts and FY2026 trimmed to $2.64), which lowers short‑term earnings expectations and can pressure valuation multiples.
• Negative Sentiment: Material insider selling by President Joel Bender: recent Form 4 filings show large blocks sold (106,809 shares at ~$49.92 and prior lots at ~$50.01 and ~$50.74). Heavy insider sales are often viewed negatively by the market even if for personal/liquidity reasons. Form 4 – 106,809-share sale Form 4 – 29,228-share sale
• Negative Sentiment: Media coverage highlighting the large insider sales and grouping Cactus with other volatile energy/land names can amplify headline-driven selling and short-term volatility. Coverage: President Sells

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.