Zacks Research Issues Optimistic Outlook for Cactus Earnings

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of Cactus in a research note issued to investors on Tuesday, April 14th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.64 for the quarter, up from their prior estimate of $0.60. 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’ Q2 2026 earnings at $0.66 EPS, FY2026 earnings at $2.70 EPS and Q4 2027 earnings at $0.83 EPS.

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

Cactus Trading Up 0.9%

Cactus stock opened at $53.21 on Thursday. The stock has a market cap of $4.25 billion, a PE ratio of 22.17, a P/E/G ratio of 2.26 and a beta of 1.31. The stock has a 50-day moving average price of $51.85 and a 200 day moving average price of $47.30. Cactus has a 52 week low of $33.20 and a 52 week high of $59.25. The company has a current ratio of 5.81, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01.

Cactus (NYSE:WHD) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The firm had revenue of $261.20 million during 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 firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 EPS.

Hedge Funds Weigh In On Cactus

Several hedge funds and other institutional investors have recently modified their holdings of the company. State of Tennessee Department of Treasury lifted its stake in shares of Cactus by 12.1% in the 4th quarter. State of Tennessee Department of Treasury now owns 35,452 shares of the company’s stock valued at $1,619,000 after purchasing an additional 3,823 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Cactus in the 4th quarter valued at about $335,000. Cim LLC acquired a new position in shares of Cactus in the 4th quarter valued at about $218,000. Voloridge Investment Management LLC lifted its stake in shares of Cactus by 25.9% in the 4th quarter. Voloridge Investment Management LLC now owns 74,035 shares of the company’s stock valued at $3,382,000 after purchasing an additional 15,229 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Cactus by 20.0% during the 4th quarter. Wellington Management Group LLP now owns 3,963,961 shares of the company’s stock worth $181,074,000 after acquiring an additional 659,366 shares in the last quarter. 85.11% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cactus

In other news, President Joel Bender sold 106,809 shares of Cactus stock in a transaction dated 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 $1,387,426.56. The trade was a 79.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Over the last quarter, insiders sold 200,000 shares of company stock valued at $10,039,080. Insiders own 12.91% of the company’s stock.

Cactus Announces Dividend

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

Key Headlines Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks Research raised several near-term and multi-year EPS forecasts for Cactus (small but consistent increases to Q1 2026, Q2 2026, Q4 2026/Q4 2027 and FY2027/FY2028 estimates). These upward revisions support a healthier earnings trajectory and help explain buying interest in WHD today.
• Neutral Sentiment: Zacks continues to carry a “Hold” rating on WHD — the upgrades are modest and the analyst stance remains cautious, suggesting limited conviction behind larger price moves.
• Neutral Sentiment: Cactus announced its Q1 2026 earnings release after market close on May 6, 2026, with a conference call on May 7 (a scheduled catalyst that could drive volatility around the dates). Cactus Announces Timing of First Quarter 2026 Earnings Release and Conference Call
• Negative Sentiment: Despite the raises, Zacks’ FY2026 EPS projection ($2.70) remains below the consensus estimate (~$3.08). That gap suggests analysts still expect near-term headwinds relative to the street, which could cap upside if the company doesn’t beat that lower expectation materially.

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.