Zacks Research Weighs in on Cactus’ Q4 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research upped their Q4 2026 earnings per share estimates for Cactus in a report released on Monday, June 15th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.73 for the quarter, up from their prior estimate of $0.72. The consensus estimate for Cactus’ current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Cactus’ Q3 2027 earnings at $0.82 EPS, Q4 2027 earnings at $0.92 EPS, FY2027 earnings at $3.45 EPS, Q1 2028 earnings at $0.97 EPS and FY2028 earnings at $3.86 EPS.

Cactus (NYSE:WHD) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.05. Cactus had a return on equity of 15.43% and a net margin of 6.17%.The company had revenue of $388.35 million for the quarter, compared to analysts’ expectations of $380.42 million. During the same quarter last year, the business earned $0.73 earnings per share. Cactus’s revenue was up 38.5% on a year-over-year basis.

Other equities research analysts also recently issued reports about the stock. Barclays raised their price target on shares of Cactus from $62.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Wall Street Zen downgraded shares of Cactus from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings upgraded shares of Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday. Piper Sandler boosted their target price on shares of Cactus from $69.00 to $72.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Stifel Nicolaus upped their price target on shares of Cactus from $59.00 to $66.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Cactus presently has an average rating of “Moderate Buy” and a consensus price target of $62.60.

Cactus Stock Down 1.8%

Shares of NYSE WHD opened at $58.05 on Tuesday. The company has a current ratio of 2.61, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 54.77, a PEG ratio of 2.34 and a beta of 1.37. Cactus has a 12 month low of $33.20 and a 12 month high of $64.30. The stock has a 50-day moving average price of $56.59 and a two-hundred day moving average price of $52.51.

Cactus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 1st will be paid a $0.14 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. Cactus’s dividend payout ratio is currently 52.83%.

Insider Activity at Cactus

In other Cactus news, Director Alan Semple sold 10,206 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total transaction of $577,863.72. Following the sale, the director directly owned 29,444 shares of the company’s stock, valued at $1,667,119.28. The trade was a 25.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Y. Mcgovern sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.57, for a total transaction of $678,840.00. Following the completion of the transaction, the director owned 15,990 shares of the company’s stock, valued at approximately $904,554.30. This trade represents a 42.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 12.91% of the company’s stock.

Institutional Trading of Cactus

Several institutional investors have recently modified their holdings of the business. Jennison Associates LLC increased its holdings in Cactus by 202.3% in the first quarter. Jennison Associates LLC now owns 1,713,701 shares of the company’s stock valued at $81,178,000 after purchasing an additional 1,146,766 shares during the period. Wellington Management Group LLP lifted its holdings in Cactus by 52.8% during the 3rd quarter. Wellington Management Group LLP now owns 3,304,595 shares of the company’s stock worth $130,432,000 after buying an additional 1,141,249 shares during the period. Deprince Race & Zollo Inc. bought a new stake in shares of Cactus in the 1st quarter valued at about $41,895,000. Encompass Capital Advisors LLC bought a new stake in shares of Cactus in the 1st quarter valued at about $36,262,000. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Cactus in the 2nd quarter valued at about $30,648,000. Institutional investors own 85.11% of the company’s stock.

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.