Zacks Research Analysts Reduce Earnings Estimates for Cactus

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research dropped their Q2 2027 EPS estimates for shares of Cactus in a report issued on Wednesday, March 11th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.77 for the quarter, down from their prior forecast of $0.80. 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’ Q4 2027 earnings at $0.82 EPS.

Other research analysts have also issued reports about the company. Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a report on Monday, December 29th. Wall Street Zen raised shares of Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Barclays upped their price objective on shares of Cactus from $56.00 to $62.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Citigroup increased their price objective on shares of Cactus from $55.00 to $63.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Finally, Piper Sandler initiated coverage on shares of Cactus in a research note on Tuesday, February 24th. They set an “overweight” rating and a $73.00 target price for the company. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Cactus presently has an average rating of “Moderate Buy” and an average price target of $56.33.

Cactus Stock Performance

WHD opened at $46.43 on Friday. Cactus has a 12-month low of $33.20 and a 12-month high of $59.25. The stock has a market cap of $3.71 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 4.55 and a beta of 1.25. The business has a 50 day moving average of $53.98 and a 200-day moving average of $45.98. The company has a quick ratio of 4.13, a current ratio of 5.81 and a debt-to-equity ratio of 0.01.

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 the consensus estimate of $0.58 by $0.07. The business had revenue of $261.20 million during the quarter, compared to the consensus estimate of $250.60 million. Cactus had a net margin of 15.39% and a return on equity of 15.18%. Cactus’s revenue was down 4.0% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS.

Cactus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 2nd will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. Cactus’s dividend payout ratio is currently 23.33%.

Insider Buying and Selling

In other Cactus news, President Joel Bender sold 106,809 shares of the stock in a transaction on 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 transaction, the president owned 27,793 shares in the company, valued at $1,387,426.56. This trade represents a 79.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders sold 200,000 shares of company stock valued at $10,039,080. Corporate insiders own 13.75% of the company’s stock.

Hedge Funds Weigh In On Cactus

Several institutional investors and hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. raised its stake in Cactus by 113.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after purchasing an additional 543 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Cactus by 101.1% in the 1st quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock valued at $524,000 after purchasing an additional 5,745 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Cactus by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,685 shares of the company’s stock worth $1,819,000 after purchasing an additional 1,733 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Cactus during the 1st quarter worth approximately $203,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of 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 purchasing an additional 46,835 shares during the period. 85.11% of the stock is currently owned by institutional investors and hedge funds.

Cactus News Roundup

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Stifel Nicolaus published a buy on Cactus, giving independent broker support that can boost demand from discretionary investors. Cactus (WHD) Gets a Buy from Stifel Nicolaus
• Positive Sentiment: Several research shops raised near‑term targets/estimates and price objectives (e.g., Citigroup and Barclays increased price targets; Zacks raised Q1 2027 to $0.86 and bumped a few 2026 quarters), signaling pockets of improved short‑term earnings expectations and analyst support.
• Neutral Sentiment: Zacks Research retains a “Hold” on WHD and published a FY2028 view (EPS $3.66). That keeps the consensus framework intact but does not constitute an upgrade to conviction for many investors.
• Neutral Sentiment: Latest quarterly results (Feb. 25) showed an EPS beat ($0.65 vs. $0.58) and better‑than‑expected revenue, though revenue was down ~4% year‑over‑year — supportive for fundamentals but mixed on growth momentum.
• Neutral Sentiment: Company declared a quarterly dividend ($0.14; annualized $0.56, ~1.2% yield), a modest income signal but unlikely to be a major catalyst.
• Negative Sentiment: Zacks cut several near‑term EPS forecasts (multiple Q1–Q3 2026 cuts and FY2026 trimmed to $2.64), which lowers short‑term earnings expectations and can pressure valuation multiples.
• Negative Sentiment: Material insider selling by President Joel Bender: recent Form 4 filings show large blocks sold (106,809 shares at ~$49.92 and prior lots at ~$50.01 and ~$50.74). Heavy insider sales are often viewed negatively by the market even if for personal/liquidity reasons. Form 4 – 106,809-share sale Form 4 – 29,228-share sale
• Negative Sentiment: Media coverage highlighting the large insider sales and grouping Cactus with other volatile energy/land names can amplify headline-driven selling and short-term volatility. Coverage: President Sells

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.