Cactus Stock Gets Increased EPS Estimate from Zacks Research

Cactus, Inc. (NYSE:WHD) – Stock analysts at Zacks Research increased their Q3 2026 EPS estimates for Cactus in a note issued to investors on Monday, October 5th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.80 for the quarter, up from their previous estimate of $0.77. The consensus estimate for Cactus’ current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Cactus’ Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $3.15 EPS, Q2 2027 earnings at $0.79 EPS and Q3 2027 earnings at $0.81 EPS.

A number of other equities analysts also recently commented on the company. Citigroup reduced their price objective on Cactus from $75.00 to $73.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen upgraded Cactus from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Piper Sandler raised their target price on Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Stifel Nicolaus lifted their price target on Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a research report on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $66.40.

Cactus Price Performance

WHD stock opened at $63.06 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 1.81. The business has a 50 day simple moving average of $67.99 and a 200-day simple moving average of $59.22. The firm has a market capitalization of $5.06 billion, a PE ratio of 53.90, a price-to-earnings-growth ratio of 1.72 and a beta of 1.42. Cactus has a 1 year low of $33.20 and a 1 year high of $74.07.

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

Cactus Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Monday, August 31st were issued a $0.15 dividend. This is a boost from Cactus’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, August 31st. Cactus’s payout ratio is currently 51.28%.

Insiders Place Their Bets

In other news, CEO Steven Bender sold 25,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $67.65, for a total value of $1,691,250.00. Following the transaction, the chief executive officer owned 99,241 shares of the company’s stock, valued at $6,713,653.65. This represents a 20.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Scott Bender sold 100,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $61.97, for a total value of $6,197,000.00. Following the transaction, the chief executive officer owned 120,527 shares of the company’s stock, valued at approximately $7,469,058.19. This represents a 45.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 463,455 shares of company stock valued at $29,495,764. Insiders own 12.91% of the company’s stock.

Institutional Trading of Cactus

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC acquired a new position in Cactus in the second quarter valued at about $250,000. Squarepoint Ops LLC increased its position in shares of Cactus by 104.5% during the second quarter. Squarepoint Ops LLC now owns 369,645 shares of the company’s stock valued at $18,937,000 after acquiring an additional 188,864 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Cactus by 1.3% in the 2nd quarter. Arizona State Retirement System now owns 19,154 shares of the company’s stock valued at $981,000 after acquiring an additional 242 shares during the period. Nykredit A S purchased a new stake in shares of Cactus in the 2nd quarter valued at approximately $133,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Cactus by 474.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,465 shares of the company’s stock worth $75,000 after acquiring an additional 1,210 shares during the last quarter. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks raised near-term EPS estimates: Forecasts increased for Q3 2026 to $0.80 from $0.77, Q4 2026 to $0.72 from $0.70, and FY2026 to $3.15 from $3.10. These revisions suggest analysts see somewhat stronger profitability ahead. Cactus Stock Gets Stronger EPS Estimate from Zacks Research
• Positive Sentiment: Longer-term estimates also improved: Zacks lifted Q1 2027 EPS to $0.77, Q2 2027 to $0.79, Q3 2027 to $0.81, and FY2027 to $3.21. Estimates for 2028 were raised as well, including FY2028 EPS to $4.12 from $4.06, indicating expectations for continued earnings growth.
• Positive Sentiment: The estimate revisions build on Cactus’ recent operating momentum. In its latest reported quarter, revenue increased 64.3% year over year to approximately $449.5 million and EPS exceeded consensus expectations.
• Neutral Sentiment: Value comparison under review: A new Zacks article compares Cactus with ConocoPhillips (COP) for value investors. The report may influence sector allocation decisions, but the available information does not identify a specific new catalyst or recommendation for WHD. COP or WHD: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Valuation remains a concern: Cactus trades at roughly 54 times earnings, so the stock may require continued earnings growth to justify its price. The small size of the estimate increases and the absence of a fresh corporate announcement may have reduced the impact of the positive research.

About Cactus

Cactus, Inc is an oilfield equipment company that designs, manufactures, sells and rents wellhead and pressure control equipment for onshore oil and gas producers. Its products are used throughout the life cycle of a well, from drilling and completion to production and workover operations.

The company’s offerings include conventional and automated wellheads, production trees, frac stacks, zipper manifolds and other pressure control systems. Cactus also provides equipment installation, field service, maintenance, rental and monitoring services intended to help operators improve wellsite safety, efficiency and control.

Founded in 2011 and headquartered in Houston, Texas, Cactus primarily serves oil and gas customers in North America and select international markets.