FY2026 Earnings Estimate for Cactus Issued By Zacks Research

Key Points

• Zacks Research has lowered its FY2026 earnings per share (EPS) estimate for Cactus, Inc. to $2.81, down from $2.83, while the consensus estimate for the full year remains at $3.08.
• Cactus recently reported a net revenue decline of 5.8% year-over-year and missed its EPS estimate for the last quarter, leading analysts to adjust their price targets downwards.
• The company has increased its quarterly dividend from $0.13 to $0.14 per share, equating to an annualized dividend yield of 1.4%.

Cactus, Inc. (NYSE:WHD - Free Report) - Analysts at Zacks Research decreased their FY2026 EPS estimates for shares of Cactus in a report issued on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the company will post earnings of $2.81 per share for the year, down from their previous forecast of $2.83. The consensus estimate for Cactus' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus' Q4 2026 earnings at $0.66 EPS, Q2 2027 earnings at $0.76 EPS and FY2027 earnings at $3.12 EPS.

Cactus (NYSE:WHD - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.01). Cactus had a net margin of 16.19% and a return on equity of 17.34%. The firm had revenue of $273.58 million during the quarter, compared to analyst estimates of $280.28 million. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The business's revenue for the quarter was down 5.8% on a year-over-year basis.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of Cactus from $52.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. Stifel Nicolaus dropped their target price on shares of Cactus from $57.00 to $53.00 and set a "buy" rating for the company in a report on Friday, August 1st. Wall Street Zen raised shares of Cactus from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Finally, Barclays reaffirmed an "overweight" rating and set a $52.00 target price (down previously from $53.00) on shares of Cactus in a report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Cactus presently has a consensus rating of "Hold" and a consensus price target of $50.75.

Cactus Price Performance

NYSE:WHD traded down $0.93 during trading hours on Thursday, reaching $41.86. 689,181 shares of the company were exchanged, compared to its average volume of 713,380. The company has a current ratio of 4.85, a quick ratio of 3.48 and a debt-to-equity ratio of 0.01. The stock's 50-day moving average is $42.66 and its 200-day moving average is $43.28. The firm has a market cap of $3.34 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 4.02 and a beta of 1.53. Cactus has a twelve month low of $33.80 and a twelve month high of $70.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisors Asset Management Inc. boosted 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 valued at $47,000 after purchasing an additional 543 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Cactus in the first quarter valued at approximately $57,000. Financial Harvest LLC purchased a new position in shares of Cactus in the first quarter valued at approximately $130,000. CWM LLC boosted its stake in shares of Cactus by 131.7% in the second quarter. CWM LLC now owns 2,966 shares of the company's stock valued at $130,000 after purchasing an additional 1,686 shares during the period. Finally, KBC Group NV boosted its stake in shares of Cactus by 11.9% in the first quarter. KBC Group NV now owns 3,373 shares of the company's stock valued at $155,000 after purchasing an additional 360 shares during the period. Hedge funds and other institutional investors own 85.11% of the company's stock.

Cactus Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. This is a boost from Cactus's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, August 29th. Cactus's payout ratio is 21.13%.

About Cactus

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.