Zacks Research Issues Optimistic Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of Cactus in a research note issued to investors on Tuesday, April 14th. Zacks Research analyst Team now expects that the company will earn $0.64 per share for the quarter, up from their previous forecast of $0.60. 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’ Q2 2026 earnings at $0.66 EPS, FY2026 earnings at $2.70 EPS and Q4 2027 earnings at $0.83 EPS.

A number of other research firms also recently issued reports on WHD. Barclays increased their price target on Cactus from $56.00 to $62.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Piper Sandler started coverage on Cactus in a research report on Tuesday, February 24th. They set an “overweight” rating and a $73.00 price target on the stock. Citigroup increased their price target on Cactus from $55.00 to $63.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Wall Street Zen downgraded Cactus from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $56.33.

Cactus Stock Up 0.8%

Shares of WHD opened at $53.69 on Thursday. The firm has a market capitalization of $4.29 billion, a P/E ratio of 22.37, a P/E/G ratio of 2.28 and a beta of 1.31. Cactus has a 12-month low of $33.20 and a 12-month high of $59.25. The company has a current ratio of 5.81, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $51.79 and a 200-day moving average price of $47.34.

Cactus (NYSE:WHD) last issued 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 firm had revenue of $261.20 million during the quarter, compared to analyst estimates of $250.60 million. Cactus had a net margin of 15.39% and a return on equity of 15.18%. The business’s revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share.

Cactus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Monday, March 2nd were paid a $0.14 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. Cactus’s dividend payout ratio (DPR) is 23.33%.

Insider Buying and Selling

In other news, President Joel Bender sold 106,809 shares of the firm’s stock in a transaction dated 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 directly owned 27,793 shares in the company, valued at $1,387,426.56. This trade represents a 79.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 200,000 shares of company stock valued at $10,039,080 in the last three months. Company insiders own 12.91% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WHD. Vest Financial LLC raised its position in Cactus by 35.3% during the third quarter. Vest Financial LLC now owns 107,899 shares of the company’s stock valued at $4,259,000 after acquiring an additional 28,139 shares in the last quarter. Hudson Edge Investment Partners Inc. raised its position in Cactus by 249.2% during the third quarter. Hudson Edge Investment Partners Inc. now owns 28,388 shares of the company’s stock valued at $1,120,000 after acquiring an additional 20,258 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in Cactus during the third quarter valued at approximately $1,872,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in Cactus during the third quarter valued at approximately $525,000. Finally, Amova Asset Management Americas Inc. purchased a new position in Cactus during the third quarter valued at approximately $525,000. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

More Cactus News

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks Research raised multiple EPS estimates for Cactus across 2026–2028 (Q1 2026: $0.60 → $0.64; Q2 2026: $0.65 → $0.66; Q4 2026: $0.68 → $0.69; FY2026: $2.64 → $2.70; Q1 2027: $0.86 → $0.87; FY2027: $3.22 → $3.24; FY2028: $3.66 → $3.68; Q4 2027: $0.82 → $0.83). These consistent, if modest, upward revisions suggest analysts see slightly better profit trends ahead and are likely supporting the stock’s rise.
• Neutral Sentiment: Cactus scheduled its Q1 2026 earnings release for after market close on Wednesday, May 6, 2026, with a conference call on May 7 at 9:00 a.m. CT — a near-term event that could drive further stock movement depending on results and guidance. Cactus Announces Timing of First Quarter 2026 Earnings Release and Conference Call

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.