Zacks Research Has Pessimistic View of Cactus Q1 Earnings

Cactus, Inc. (NYSE:WHD) – Analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for Cactus in a research report issued to clients and investors on Tuesday, January 6th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.67 per share for the quarter, down from their previous forecast of $0.73. Zacks Research has a “Strong-Buy” 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 $0.75 EPS, Q3 2026 earnings at $0.69 EPS, FY2026 earnings at $2.77 EPS, Q1 2027 earnings at $0.77 EPS and Q4 2027 earnings at $0.83 EPS.

Several other equities analysts have also issued reports on WHD. Stifel Nicolaus lifted their price target on shares of Cactus from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Barclays raised their price objective on Cactus from $51.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Citigroup raised Cactus from a “neutral” rating to a “buy” rating and upped their target price for the company from $45.00 to $55.00 in a research report on Thursday, December 11th. Bank of America upgraded Cactus from an “underperform” rating to a “neutral” rating and increased their price target for the company from $39.00 to $40.00 in a research note on Wednesday, October 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Cactus in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Cactus has a consensus rating of “Moderate Buy” and a consensus target price of $50.20.

Cactus Trading Down 0.7%

NYSE WHD opened at $49.57 on Thursday. Cactus has a 52 week low of $33.20 and a 52 week high of $65.35. The company has a 50 day moving average price of $44.38 and a 200 day moving average price of $42.30. The company has a quick ratio of 3.74, a current ratio of 5.28 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.96 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 5.02 and a beta of 1.26.

Cactus (NYSE:WHD) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $253.89 million. During the same period last year, the business earned $0.74 EPS. The company’s revenue was down 10.0% compared to the same quarter last year.

Cactus Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Monday, December 1st were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.56 dividend on an annualized basis and a yield of 1.1%. Cactus’s payout ratio is currently 22.31%.

Institutional Trading of Cactus

Several large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its stake in shares of Cactus by 113.8% in the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after purchasing an additional 543 shares during the last quarter. AQR Capital Management LLC boosted its position in Cactus by 101.1% in the first quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock valued at $524,000 after buying an additional 5,745 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Cactus in the 1st quarter worth approximately $1,134,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Cactus by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,685 shares of the company’s stock worth $1,819,000 after buying an additional 1,733 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Cactus during the 1st quarter worth approximately $28,924,000. Hedge funds and other 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.