Zacks Research Issues Positive Estimate for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Research analysts at Zacks Research increased their Q4 2026 earnings per share estimates for shares of Cactus in a report released on Thursday, July 16th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.77 for the quarter, up from their prior forecast of $0.73. The consensus estimate for Cactus’ current full-year earnings is $2.92 per share. Zacks Research also issued estimates for Cactus’ Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $0.90 EPS, Q4 2027 earnings at $0.94 EPS, FY2027 earnings at $3.55 EPS, Q1 2028 earnings at $0.98 EPS, Q2 2028 earnings at $0.99 EPS and FY2028 earnings at $3.99 EPS.

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

Several other research firms also recently weighed in on WHD. Piper Sandler increased their price target on shares of Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday. Citigroup upped their price objective on Cactus from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Weiss Ratings raised Cactus from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Barclays lifted their target price on Cactus from $62.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Wall Street Zen lowered Cactus from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.60.

Cactus Stock Performance

WHD opened at $54.64 on Friday. The company’s 50 day moving average is $56.13 and its 200 day moving average is $53.76. The company has a current ratio of 2.61, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 51.55, a PEG ratio of 2.07 and a beta of 1.38. Cactus has a 12-month low of $33.20 and a 12-month high of $64.30.

Institutional Investors Weigh In On Cactus

Institutional investors and hedge funds have recently bought and sold shares of the business. Jennison Associates LLC boosted its stake in Cactus by 202.3% in the 1st quarter. Jennison Associates LLC now owns 1,713,701 shares of the company’s stock worth $81,178,000 after purchasing an additional 1,146,766 shares during the period. Wellington Management Group LLP raised its position in shares of Cactus by 52.8% during the third quarter. Wellington Management Group LLP now owns 3,304,595 shares of the company’s stock valued at $130,432,000 after buying an additional 1,141,249 shares during the last quarter. Deprince Race & Zollo Inc. purchased a new position in shares of Cactus in the first quarter worth $41,895,000. Encompass Capital Advisors LLC purchased a new position in shares of Cactus in the first quarter worth $36,262,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Cactus in the second quarter worth $30,648,000. 85.11% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Alan Semple sold 10,206 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total value of $577,863.72. Following the completion of the sale, the director directly owned 29,444 shares of the company’s stock, valued at $1,667,119.28. This represents a 25.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Y. Mcgovern sold 12,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $56.57, for a total transaction of $678,840.00. Following the sale, the director owned 15,990 shares in the company, valued at $904,554.30. The trade was a 42.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 12.91% of the company’s stock.

Cactus Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 1st were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, June 1st. Cactus’s dividend payout ratio is presently 52.83%.

Cactus News Summary

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts for Cactus across multiple future periods, including FY2027 to $3.55 per share and FY2028 to $3.99 per share, implying improved outlook and potentially supporting the stock.
• Positive Sentiment: Analysts also increased near- and medium-term quarterly EPS estimates, including Q4 2026, Q2 2027, Q3 2027, Q4 2027, Q1 2028, and Q2 2028, reinforcing expectations for steady earnings growth.
• Neutral Sentiment: Cactus announced it will release second-quarter 2026 earnings after market close on July 29 and host a conference call on July 30, setting up a near-term event that could move the shares depending on results. Article Title

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.