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

Cactus, Inc. (NYSE:WHD) – Zacks Research dropped their Q3 2026 earnings per share estimates for shares of Cactus in a note issued to investors on Monday, September 7th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.77 per share for the quarter, down from their prior estimate of $0.78. The consensus estimate for Cactus’ current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Cactus’ FY2026 earnings at $3.10 EPS, Q1 2027 earnings at $0.76 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $3.16 EPS.

Several other equities research analysts also recently issued reports on WHD. Citigroup downgraded 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 research report on Thursday, August 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cactus in a research note on Tuesday. Barclays increased their price objective on Cactus from $70.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Wall Street Zen raised Cactus from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Stifel Nicolaus upped their price target on Cactus from $68.00 to $72.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $66.80.

Cactus Stock Up 0.6%

WHD opened at $69.91 on Thursday. Cactus has a 12 month low of $33.20 and a 12 month high of $74.07. The company has a market cap of $5.61 billion, a PE ratio of 59.75, a price-to-earnings-growth ratio of 2.45 and a beta of 1.37. The company has a current ratio of 2.59, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $63.05 and a 200 day moving average of $57.11.

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

Cactus Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Cactus’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 0.9%. Cactus’s payout ratio is presently 51.28%.

Insider Activity at Cactus

In other Cactus news, CEO Scott Bender sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $63.89, for a total value of $6,389,000.00. Following the completion of the transaction, the chief executive officer owned 120,527 shares of the company’s stock, valued at $7,700,470.03. The trade was a 45.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Tadlock sold 38,455 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $63.80, for a total value of $2,453,429.00. Following the completion of the transaction, the chief executive officer directly owned 43,178 shares in the company, valued at approximately $2,754,756.40. This represents a 47.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 363,455 shares of company stock valued at $23,298,764 in the last ninety days. 12.91% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of WHD. Johnson Financial Group Inc. bought a new stake in Cactus in the third quarter worth $33,000. Aster Capital Management DIFC Ltd grew its holdings in shares of Cactus by 73.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock worth $34,000 after purchasing an additional 314 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Cactus in the second quarter worth $35,000. Advisors Asset Management Inc. raised its holdings in Cactus by 113.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock valued at $47,000 after buying an additional 543 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its position in Cactus by 39,200.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,179 shares of the company’s stock valued at $54,000 after buying an additional 1,176 shares during the period. 85.11% of the stock is currently owned by institutional investors.

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.