Zacks Research Issues Optimistic Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research raised their Q1 2027 earnings estimates for shares of Cactus in a report issued on Monday, October 5th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.77 for the quarter, up from their prior estimate of $0.76. The consensus estimate for Cactus’ current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Cactus’ Q4 2027 earnings at $0.84 EPS, FY2027 earnings at $3.21 EPS, Q1 2028 earnings at $1.02 EPS, Q2 2028 earnings at $1.00 EPS, Q3 2028 earnings at $1.02 EPS and FY2028 earnings at $4.12 EPS.

Cactus (NYSE:WHD) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.29. The firm had revenue of $449.53 million during the quarter, compared to analyst estimates of $400.82 million. Cactus had a net margin of 6.01% and a return on equity of 16.66%. The company’s quarterly revenue was up 64.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 earnings per share.

Other equities analysts have also recently issued reports about the company. Citigroup dropped their target price on Cactus from $75.00 to $73.00 and set a “neutral” rating for the company in a report on Wednesday, September 30th. Piper Sandler upped their price target on Cactus from $72.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Barclays increased their price objective on Cactus from $70.00 to $74.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a report on Tuesday, September 8th. Finally, Wall Street Zen upgraded shares of Cactus from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $66.40.

Cactus Stock Down 1.7%

NYSE WHD opened at $63.06 on Tuesday. Cactus has a 1-year low of $33.20 and a 1-year high of $74.07. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 53.90, a PEG ratio of 1.72 and a beta of 1.42. The stock’s 50 day moving average is $67.99 and its two-hundred day moving average is $59.22. The company has a current ratio of 2.59, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01.

Cactus Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, August 31st. This is a boost from Cactus’s previous quarterly dividend of $0.14. Cactus’s dividend payout ratio is 51.28%.

Insider Activity at Cactus

In other news, CEO Steven Bender sold 25,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $67.65, for a total transaction of $1,691,250.00. Following the sale, the chief executive officer directly owned 99,241 shares of the company’s stock, valued at $6,713,653.65. This represents a 20.12% 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 link. Also, CEO Scott Bender sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $61.97, for a total transaction of $6,197,000.00. Following the completion of the sale, the chief executive officer directly owned 120,527 shares of the company’s stock, valued at approximately $7,469,058.19. This represents a 45.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 463,455 shares of company stock valued at $29,495,764. Insiders own 12.91% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Capital International Investors raised its position in shares of Cactus by 27.0% during the fourth quarter. Capital International Investors now owns 2,343,731 shares of the company’s stock worth $107,062,000 after acquiring an additional 498,210 shares during the last quarter. First Trust Advisors LP boosted its holdings in Cactus by 13.7% in the first quarter. First Trust Advisors LP now owns 2,090,619 shares of the company’s stock valued at $99,033,000 after acquiring an additional 251,283 shares during the last quarter. Geode Capital Management LLC increased its position in Cactus by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 1,964,059 shares of the company’s stock worth $89,729,000 after purchasing an additional 28,415 shares during the period. Dimensional Fund Advisors LP increased its position in Cactus by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,821,142 shares of the company’s stock worth $86,266,000 after purchasing an additional 53,576 shares during the period. Finally, Jennison Associates LLC raised its holdings in Cactus by 202.3% during the 1st quarter. Jennison Associates LLC now owns 1,713,701 shares of the company’s stock worth $81,178,000 after purchasing an additional 1,146,766 shares during the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Cactus News Summary

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks raised near-term EPS estimates: Forecasts increased for Q3 2026 to $0.80 from $0.77, Q4 2026 to $0.72 from $0.70, and FY2026 to $3.15 from $3.10. These revisions suggest analysts see somewhat stronger profitability ahead. Cactus Stock Gets Stronger EPS Estimate from Zacks Research
• Positive Sentiment: Longer-term estimates also improved: Zacks lifted Q1 2027 EPS to $0.77, Q2 2027 to $0.79, Q3 2027 to $0.81, and FY2027 to $3.21. Estimates for 2028 were raised as well, including FY2028 EPS to $4.12 from $4.06, indicating expectations for continued earnings growth.
• Positive Sentiment: The estimate revisions build on Cactus’ recent operating momentum. In its latest reported quarter, revenue increased 64.3% year over year to approximately $449.5 million and EPS exceeded consensus expectations.
• Neutral Sentiment: Value comparison under review: A new Zacks article compares Cactus with ConocoPhillips (COP) for value investors. The report may influence sector allocation decisions, but the available information does not identify a specific new catalyst or recommendation for WHD. COP or WHD: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Valuation remains a concern: Cactus trades at roughly 54 times earnings, so the stock may require continued earnings growth to justify its price. The small size of the estimate increases and the absence of a fresh corporate announcement may have reduced the impact of the positive research.

Cactus Company Profile

Cactus, Inc is an oilfield equipment company that designs, manufactures, sells and rents wellhead and pressure control equipment for onshore oil and gas producers. Its products are used throughout the life cycle of a well, from drilling and completion to production and workover operations.

The company’s offerings include conventional and automated wellheads, production trees, frac stacks, zipper manifolds and other pressure control systems. Cactus also provides equipment installation, field service, maintenance, rental and monitoring services intended to help operators improve wellsite safety, efficiency and control.

Founded in 2011 and headquartered in Houston, Texas, Cactus primarily serves oil and gas customers in North America and select international markets.