What is Zacks Research’s Estimate for Cactus Q3 Earnings?

Cactus, Inc. (NYSE:WHD) – Research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Cactus in a research report issued on Wednesday, August 19th. Zacks Research analyst Team now expects that the company will post earnings of $0.78 per share for the quarter, up from their previous estimate of $0.76. The consensus estimate for Cactus’ current full-year earnings is $3.07 per share. Zacks Research also issued estimates for Cactus’ FY2026 earnings at $3.11 EPS, Q1 2027 earnings at $0.75 EPS, Q1 2028 earnings at $1.00 EPS and FY2028 earnings at $4.01 EPS.

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

A number of other research analysts also recently commented on WHD. Stifel Nicolaus increased their price target on shares of Cactus from $68.00 to $72.00 and gave the company a “buy” rating in a report on Friday, July 31st. Barclays boosted 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. Wall Street Zen upgraded Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup lowered Cactus from a “buy” rating to a “neutral” rating in a research note on Thursday. Finally, Piper Sandler lifted their target price on Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.20.

Cactus Stock Performance

Cactus stock opened at $73.70 on Thursday. The company’s 50-day moving average price is $58.41 and its 200-day moving average price is $55.82. Cactus has a twelve month low of $33.20 and a twelve month high of $74.07. The company has a quick ratio of 1.81, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. The company has a market cap of $5.91 billion, a PE ratio of 62.99, a price-to-earnings-growth ratio of 2.62 and a beta of 1.36.

Institutional Trading of Cactus

Large investors have recently made changes to their positions in the stock. VELA Investment Management LLC increased its stake in Cactus by 24.2% in the 4th quarter. VELA Investment Management LLC now owns 146,042 shares of the company’s stock worth $6,671,000 after buying an additional 28,493 shares during the period. UBS Group AG boosted its position in Cactus by 81.8% in the 4th quarter. UBS Group AG now owns 380,513 shares of the company’s stock valued at $17,382,000 after buying an additional 171,223 shares during the period. Paradice Investment Management LLC boosted its position in Cactus by 16.1% in the 4th quarter. Paradice Investment Management LLC now owns 675,932 shares of the company’s stock valued at $30,877,000 after buying an additional 93,714 shares during the period. Morningstar Investment Management LLC bought a new position in Cactus in the 1st quarter worth about $949,000. Finally, Energy Income Partners LLC grew its stake in Cactus by 48.4% in the 1st quarter. Energy Income Partners LLC now owns 300,759 shares of the company’s stock worth $14,247,000 after acquiring an additional 98,124 shares in the last quarter. 85.11% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Stephen Tadlock sold 38,455 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $63.80, for a total transaction of $2,453,429.00. Following the completion of the transaction, the chief executive officer owned 43,178 shares in the company, valued at $2,754,756.40. The trade was a 47.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Steven Bender sold 25,000 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $67.65, for a total value of $1,691,250.00. Following the completion of the transaction, the chief executive officer directly owned 99,241 shares in the company, valued at $6,713,653.65. This trade represents a 20.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 263,455 shares of company stock worth $16,261,764. Corporate insiders own 12.91% of the company’s stock.

Cactus Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.8%. This is a boost from Cactus’s previous quarterly dividend of $0.14. The ex-dividend date is Monday, August 31st. Cactus’s dividend payout ratio (DPR) is presently 47.86%.

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.