Zacks Research Has Negative Outlook for Cactus Q4 Earnings

Cactus, Inc. (NYSE:WHD) – Equities research analysts at Zacks Research dropped their Q4 2026 earnings estimates for Cactus in a research report issued on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.70 per share for the quarter, down from their prior estimate of $0.77. The consensus estimate for Cactus’ current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Cactus’ Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.80 EPS, Q4 2027 earnings at $0.82 EPS and FY2027 earnings at $3.14 EPS.

WHD has been the subject of several other research reports. Weiss Ratings upgraded Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Stifel Nicolaus raised their price objective on Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Piper Sandler lifted their price objective on shares of Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Citigroup cut shares of Cactus from a “buy” rating to a “neutral” rating and increased their target price for the stock from $67.00 to $75.00 in a report on Thursday. Finally, Wall Street Zen upgraded shares of Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Cactus presently has a consensus rating of “Hold” and an average price target of $66.80.

Cactus Stock Down 6.0%

NYSE:WHD opened at $69.27 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.59. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 59.21, a price-to-earnings-growth ratio of 2.60 and a beta of 1.36. Cactus has a one year low of $33.20 and a one year high of $74.07. The stock has a 50-day simple moving average of $58.62 and a 200 day simple moving average of $55.91.

Cactus (NYSE:WHD) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.29. The company 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 firm’s revenue for the quarter was up 64.3% compared to the same quarter last year. During the same period last year, the business earned $0.66 EPS.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WHD. Maryland State Retirement & Pension System lifted its holdings in shares of Cactus by 2.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 10,066 shares of the company’s stock valued at $460,000 after buying an additional 208 shares during the period. Covestor Ltd raised its position in Cactus by 8.6% in the fourth quarter. Covestor Ltd now owns 2,758 shares of the company’s stock worth $126,000 after acquiring an additional 219 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in Cactus by 0.5% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 57,938 shares of the company’s stock valued at $2,532,000 after acquiring an additional 269 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Cactus by 1.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 15,734 shares of the company’s stock valued at $719,000 after purchasing an additional 300 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in shares of Cactus by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 66,538 shares of the company’s stock worth $2,909,000 after purchasing an additional 306 shares during the last quarter. 85.11% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cactus news, CEO Stephen Tadlock sold 38,455 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $63.80, for a total value of $2,453,429.00. Following the sale, the chief executive officer directly owned 43,178 shares of the company’s stock, valued at $2,754,756.40. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Joel Bender sold 86,700 shares of Cactus stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $57.62, for a total value of $4,995,654.00. Following the sale, the president directly owned 41,519 shares in the company, valued at approximately $2,392,324.78. This trade represents a 67.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 263,455 shares of company stock valued at $16,261,764 in the last 90 days. Corporate insiders own 12.91% of the company’s stock.

Cactus Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Monday, August 31st will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. This is an increase from Cactus’s previous quarterly dividend of $0.14. Cactus’s payout ratio is presently 47.86%.

Key Stories Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Higher oil prices and increasing energy activity could support drilling and completion demand, potentially benefiting Cactus’s wellhead and pressure-control equipment businesses. Should Higher Oil Prices And Rising Energy Activity Require Action From Cactus Investors?
• Positive Sentiment: Zacks highlighted Cactus’s strong recent momentum after the stock reached a fresh 52-week high and gained 7.92% over one week. The company’s fundamentals and expected earnings growth remain supportive, although the article questions how much upside remains. Cactus Hits Fresh High Cactus Is Up 7.92 Percent in One Week
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $3.11 from $2.91, lifted Q3 2026 and FY2028 estimates modestly, and increased its Q1 2028 forecast to $1.00 from $0.98. These revisions indicate expectations for continued earnings growth. Cactus Earnings Estimate Revisions
• Neutral Sentiment: Cactus’s GF Score was reported at 97, reflecting strong historical profitability, growth, and financial strength measures. However, the score is backward-looking and does not eliminate concerns about the stock’s elevated valuation after its substantial rally. Cactus GF Score
• Negative Sentiment: Citi downgraded Cactus following its strong year-to-date performance, suggesting the recent rally may have limited additional upside or that the shares have become fully valued. The downgrade likely contributed to profit-taking. Cactus Cut at Citi
• Negative Sentiment: Zacks lowered its Q1 2027 EPS estimate to $0.75 from $0.84, introducing a near-term earnings caution despite upward revisions elsewhere. Investors may view the mixed estimates as evidence that growth could be uneven.

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.