Zacks Research Issues Optimistic Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research increased their Q4 2026 EPS estimates for Cactus in a research note issued to investors on Tuesday, April 14th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.69 for the quarter, up from their previous estimate of $0.68. Zacks Research 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.

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

Cactus Stock Down 0.8%

WHD stock opened at $52.74 on Wednesday. Cactus has a twelve month low of $33.20 and a twelve month high of $59.25. 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 cap of $4.21 billion, a P/E ratio of 21.98, a PEG ratio of 5.26 and a beta of 1.31. The business’s 50-day moving average price is $51.95 and its 200-day moving average price is $47.26.

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

Cactus Announces Dividend

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

Insider Buying and Selling

In related news, President Joel Bender sold 106,809 shares of the business’s stock in a transaction that occurred on 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 transaction, the president directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 200,000 shares of company stock valued at $10,039,080. 12.91% of the stock is currently owned by insiders.

Institutional Trading of Cactus

Several hedge funds have recently bought and sold shares of WHD. Salomon & Ludwin LLC purchased a new stake in Cactus in the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC lifted its stake in Cactus by 67.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 259 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in Cactus in the 3rd quarter worth $33,000. Aster Capital Management DIFC Ltd lifted its stake in Cactus by 73.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock worth $34,000 after purchasing an additional 314 shares in the last quarter. Finally, Huntington National Bank lifted its stake in Cactus by 55.4% in the 3rd quarter. Huntington National Bank now owns 1,094 shares of the company’s stock worth $43,000 after purchasing an additional 390 shares in the last quarter. Hedge funds and other 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. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.