Zacks Research Analysts Reduce Earnings Estimates for Cactus

Cactus, Inc. (NYSE:WHD) – Stock analysts at Zacks Research cut their Q1 2026 EPS estimates for Cactus in a report released on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the company will earn $0.60 per share for the quarter, down from their previous estimate of $0.64. 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 $0.65 EPS, Q3 2026 earnings at $0.71 EPS, Q4 2026 earnings at $0.68 EPS, FY2026 earnings at $2.64 EPS, Q1 2027 earnings at $0.86 EPS, Q3 2027 earnings at $0.77 EPS and FY2028 earnings at $3.66 EPS.

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

Cactus Stock Down 0.1%

WHD stock opened at $48.54 on Thursday. The stock’s 50 day simple moving average is $53.98 and its 200 day simple moving average is $45.94. The company has a market cap of $3.88 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 4.77 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.13 and a current ratio of 5.81. Cactus has a fifty-two week low of $33.20 and a fifty-two week high of $59.25.

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

Institutional Investors Weigh In On Cactus

Several institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC bought a new position in Cactus during the 3rd quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its holdings in Cactus by 67.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock worth $25,000 after acquiring an additional 259 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Cactus in the 3rd quarter worth $33,000. Aster Capital Management DIFC Ltd grew its stake in shares of 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 acquiring an additional 314 shares in the last quarter. Finally, Huntington National Bank raised its holdings in shares of Cactus by 55.4% in the third quarter. Huntington National Bank now owns 1,094 shares of the company’s stock valued at $43,000 after purchasing an additional 390 shares during the last quarter. Institutional investors own 85.11% of the company’s stock.

Insider Buying and Selling at Cactus

In other news, President Joel Bender sold 106,809 shares of the firm’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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 200,000 shares of company stock valued at $10,039,080 in the last 90 days. 13.75% of the stock is owned by company insiders.

Cactus Announces Dividend

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

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.