Zacks Research Estimates Cactus’ FY2026 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Stock analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for Cactus in a research note issued on Tuesday, September 2nd. Zacks Research analyst Team now expects that the company will earn $2.81 per share for the year, down from their prior forecast of $2.83. The consensus estimate for Cactus’ current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus’ Q4 2026 earnings at $0.66 EPS, Q2 2027 earnings at $0.76 EPS and FY2027 earnings at $3.12 EPS.

A number of other brokerages have also recently weighed in on WHD. Barclays reiterated an “overweight” rating and issued a $52.00 price target (down from $53.00) on shares of Cactus in a research report on Monday, August 4th. Wall Street Zen upgraded Cactus from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. Stifel Nicolaus decreased their target price on Cactus from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. decreased their target price on Cactus from $52.00 to $50.00 and set a “neutral” rating on the stock in a report on Wednesday, May 28th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $50.75.

Cactus Stock Performance

Shares of NYSE:WHD opened at $43.32 on Thursday. The business’s fifty day moving average price is $42.69 and its two-hundred day moving average price is $43.64. Cactus has a fifty-two week low of $33.80 and a fifty-two week high of $70.01. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 3.80 and a beta of 1.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.85 and a quick ratio of 3.48.

Cactus (NYSE:WHD) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). Cactus had a net margin of 16.19% and a return on equity of 17.34%. The company had revenue of $273.58 million during the quarter, compared to the consensus estimate of $280.28 million. During the same quarter last year, the company earned $0.81 earnings per share. The business’s revenue was down 5.8% on a year-over-year basis.

Cactus Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Friday, August 29th will be issued a $0.14 dividend. This is a positive change from Cactus’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 29th. Cactus’s dividend payout ratio (DPR) is 21.13%.

Hedge Funds Weigh In On Cactus

Hedge funds have recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in Cactus by 2.3% in the first quarter. Principal Financial Group Inc. now owns 365,477 shares of the company’s stock valued at $16,750,000 after acquiring an additional 8,164 shares during the last quarter. KBC Group NV boosted its holdings in Cactus by 11.9% in the first quarter. KBC Group NV now owns 3,373 shares of the company’s stock valued at $155,000 after acquiring an additional 360 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Cactus by 535.8% in the first quarter. SG Americas Securities LLC now owns 14,413 shares of the company’s stock valued at $661,000 after acquiring an additional 12,146 shares during the last quarter. Aigen Investment Management LP bought a new position in Cactus in the first quarter valued at about $376,000. Finally, Wellington Management Group LLP boosted its holdings in Cactus by 12.1% in the first quarter. Wellington Management Group LLP now owns 1,508,103 shares of the company’s stock valued at $69,116,000 after acquiring an additional 162,374 shares during the last quarter. Institutional investors own 85.11% of the company’s stock.

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.