Analysts Set Expectations for Cactus’ Q2 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for shares of Cactus in a research note issued to investors on Tuesday, September 2nd. Zacks Research analyst Team now expects that the company will earn $0.76 per share for the quarter, down from their previous forecast of $0.77. 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 $0.76 EPS.

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

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

Cactus Stock Performance

NYSE:WHD opened at $42.75 on Friday. The stock’s fifty day moving average is $42.66 and its 200 day moving average is $43.51. Cactus has a fifty-two week low of $33.80 and a fifty-two week high of $70.01. The firm has a market capitalization of $3.41 billion, a PE ratio of 16.13, a PEG ratio of 4.08 and a beta of 1.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.48 and a current ratio of 4.85.

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 given a dividend of $0.14 per share. The ex-dividend date is Friday, August 29th. This is a positive change from Cactus’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 1.3%. Cactus’s dividend payout ratio (DPR) is presently 21.13%.

Hedge Funds Weigh In On Cactus

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its stake in Cactus by 2.3% during the first quarter. Principal Financial Group Inc. now owns 365,477 shares of the company’s stock worth $16,750,000 after buying an additional 8,164 shares during the last quarter. KBC Group NV boosted its stake in Cactus by 11.9% during the first quarter. KBC Group NV now owns 3,373 shares of the company’s stock worth $155,000 after buying an additional 360 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Cactus by 535.8% in the 1st quarter. SG Americas Securities LLC now owns 14,413 shares of the company’s stock valued at $661,000 after purchasing an additional 12,146 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Cactus by 482.7% in the 1st quarter. Jane Street Group LLC now owns 238,879 shares of the company’s stock valued at $10,948,000 after purchasing an additional 197,887 shares during the last quarter. Finally, Aigen Investment Management LP acquired a new position in shares of Cactus in the 1st quarter valued at $376,000. Institutional investors and hedge funds own 85.11% of the company’s stock.

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.