Zacks Research Issues Positive Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research boosted their Q4 2026 EPS estimates for Cactus in a research report issued to clients and investors on Tuesday, April 14th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.69 per share for the quarter, up from their prior estimate of $0.68. Zacks Research currently 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’ Q1 2027 earnings at $0.87 EPS, FY2027 earnings at $3.24 EPS and FY2028 earnings at $3.68 EPS.

Several other equities research analysts have also recently weighed in on WHD. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research report on Friday, March 27th. Barclays upped their price objective on shares of Cactus from $56.00 to $62.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Piper Sandler initiated coverage on shares of Cactus in a research report on Tuesday, February 24th. They set an “overweight” rating and a $73.00 price objective for the company. 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 report on Tuesday, March 3rd. Finally, Wall Street Zen cut shares of 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $56.33.

Cactus Trading Up 0.9%

WHD opened at $53.21 on Wednesday. Cactus has a twelve month low of $33.20 and a twelve month high of $59.25. The company has a 50-day simple moving average of $51.85 and a 200 day simple moving average of $47.30. The company has a quick ratio of 4.13, a current ratio of 5.81 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 22.17, a P/E/G ratio of 2.26 and a beta of 1.31.

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

Cactus Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.56 annualized dividend and a yield of 1.1%. Cactus’s payout ratio is presently 23.33%.

Insider Buying and Selling

In other Cactus news, President Joel Bender sold 106,809 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $49.92, for a total transaction of $5,331,905.28. Following the completion of the transaction, the president owned 27,793 shares of the company’s stock, valued at approximately $1,387,426.56. The trade was a 79.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 200,000 shares of company stock worth $10,039,080 over the last three months. 12.91% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of WHD. Advisors Asset Management Inc. raised its stake in Cactus by 113.8% during the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after acquiring an additional 543 shares in the last quarter. AQR Capital Management LLC raised its stake in Cactus by 101.1% during the first quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock worth $524,000 after acquiring an additional 5,745 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Cactus by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,685 shares of the company’s stock worth $1,819,000 after acquiring an additional 1,733 shares in the last quarter. United Services Automobile Association acquired a new position in Cactus during the first quarter worth about $203,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Cactus by 26.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,931 shares of the company’s stock worth $10,400,000 after acquiring an additional 46,835 shares in the last quarter. Institutional investors and hedge funds 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. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.