Zacks Research Has Negative Forecast for Cactus Q1 Earnings

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research reduced their Q1 2027 earnings per share (EPS) estimates for shares of Cactus in a report released on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.86 for the quarter, down from their previous forecast of $0.87. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Cactus’ current full-year earnings is $2.86 per share.

Several other equities analysts have also issued reports on the company. Barclays raised their price target on Cactus from $62.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Piper Sandler raised their price target on Cactus from $69.00 to $72.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Citigroup raised their price target on Cactus from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Weiss Ratings restated a “hold (c)” rating on shares of Cactus in a research report on Friday, March 27th. Finally, Wall Street Zen lowered Cactus from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Cactus presently has an average rating of “Moderate Buy” and a consensus target price of $60.50.

Cactus Price Performance

WHD opened at $62.22 on Monday. The stock’s 50 day simple moving average is $52.72 and its 200 day simple moving average is $50.57. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.61 and a quick ratio of 1.71. Cactus has a 1 year low of $33.20 and a 1 year high of $62.75. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 58.70, a PEG ratio of 2.45 and a beta of 1.37.

Cactus (NYSE:WHD) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.65 by $0.05. The firm had revenue of $388.35 million for the quarter, compared to analyst estimates of $380.42 million. Cactus had a return on equity of 15.43% and a net margin of 6.17%.The company’s revenue was up 38.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Maryland State Retirement & Pension System raised its stake in shares of Cactus by 2.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 10,066 shares of the company’s stock worth $460,000 after purchasing an additional 208 shares during the last quarter. Covestor Ltd raised its stake in shares of Cactus by 8.6% in the fourth quarter. Covestor Ltd now owns 2,758 shares of the company’s stock worth $126,000 after purchasing an additional 219 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Cactus by 67.6% in the third quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 259 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Cactus by 0.5% in the second quarter. CANADA LIFE ASSURANCE Co now owns 57,938 shares of the company’s stock worth $2,532,000 after purchasing an additional 269 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of Cactus by 1.9% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 15,734 shares of the company’s stock worth $719,000 after purchasing an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Insider Transactions at Cactus

In other news, President Joel Bender sold 106,809 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the president owned 27,793 shares in the company, valued at $1,387,426.56. This trade represents a 79.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael Y. Mcgovern sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.57, for a total value of $678,840.00. Following the completion of the transaction, the director owned 15,990 shares of the company’s stock, valued at approximately $904,554.30. The trade was a 42.87% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,206 shares of company stock worth $11,295,784. 12.91% of the stock is currently owned by insiders.

Cactus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 1st will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, June 1st. Cactus’s dividend payout ratio (DPR) is currently 52.83%.

Cactus News Roundup

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks Research raised its EPS estimates for Cactus across several future periods, including FY2026 to $2.83, FY2027 to $3.42, and FY2028 to $3.81, reflecting improved earnings expectations.
• Positive Sentiment: The firm also lifted near- and mid-term quarterly forecasts, including Q2 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027 and Q1 2028, suggesting analysts see a steadier earnings trajectory ahead.
• Neutral Sentiment: Despite the higher estimates, Zacks Research maintained a Hold rating on Cactus, Inc. (NYSE: WHD), indicating limited conviction in the stock at current levels.

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.