Equities Analysts Offer Predictions for Cactus Q4 Earnings

Cactus, Inc. (NYSE:WHD) – Stock analysts at Zacks Research raised their Q4 2026 EPS estimates for shares of Cactus in a report issued on Tuesday, January 27th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.67 for the quarter, up from their previous estimate of $0.66. 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 $0.78 EPS and Q4 2027 earnings at $0.84 EPS.

WHD has been the subject of several other research reports. Bank of America raised Cactus from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $39.00 to $40.00 in a research report on Wednesday, October 29th. Citigroup upgraded Cactus from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $55.00 in a research report on Thursday, December 11th. Stifel Nicolaus boosted their target price on shares of Cactus from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Barclays raised their price target on shares of Cactus from $51.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $50.20.

Cactus Trading Down 2.8%

Shares of WHD opened at $54.86 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.28 and a quick ratio of 3.74. Cactus has a 1-year low of $33.20 and a 1-year high of $62.60. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 5.77 and a beta of 1.26. The firm has a 50 day simple moving average of $47.69 and a 200-day simple moving average of $43.20.

Cactus (NYSE:WHD) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.58 by $0.09. Cactus had a net margin of 15.86% and a return on equity of 16.02%. The business had revenue of $263.95 million for the quarter, compared to analyst estimates of $253.89 million. During the same period in the prior year, the business earned $0.74 earnings per share. The company’s quarterly revenue was down 10.0% on a year-over-year basis.

Institutional Investors Weigh In On Cactus

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in Cactus by 67.6% in the third quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock valued at $25,000 after purchasing an additional 259 shares during the period. Salomon & Ludwin LLC acquired a new position in shares of Cactus in the 3rd quarter valued at $25,000. Johnson Financial Group Inc. purchased a new stake in shares of Cactus during the 3rd quarter valued at $33,000. Advisors Asset Management Inc. increased its holdings in shares of Cactus by 113.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after buying an additional 543 shares during the last quarter. Finally, Huntington National Bank raised its position in shares of 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 buying an additional 390 shares during the period. 85.11% of the stock is owned by institutional investors and hedge funds.

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.