Zacks Research Has Bearish Forecast for Cactus Q2 Earnings

Key Points

• Zacks Research trimmed its Q2 2027 EPS estimate for Cactus to $0.77 (from $0.80) and maintains a "Hold" rating, signaling a modest near‑term earnings downgrade.
• Offsetting that view, several sell‑side firms (Citigroup, Barclays, Piper Sandler and others) have raised price targets or upgraded coverage, leaving the stock with an average rating of Moderate Buy and an average target of $56.33.
• Insider activity is a headwind: President Joel Bender sold 106,809 shares (part of ~200,000 shares sold by insiders in the past 90 days), creating headline risk that may pressure sentiment despite recent earnings beats and a $0.14 quarterly dividend.

Cactus, Inc. (NYSE:WHD - Free Report) - Analysts at Zacks Research decreased their Q2 2027 EPS estimates for shares of Cactus in a report issued on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.77 per share for the quarter, down from their previous forecast of $0.80. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Cactus' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Cactus' Q4 2027 earnings at $0.82 EPS.

A number of other equities research analysts also recently commented on the stock. Wall Street Zen upgraded shares of Cactus from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. Citigroup increased their target price on Cactus from $55.00 to $63.00 and gave the stock a "buy" rating in a research note on Tuesday, March 3rd. Barclays raised their price target on Cactus from $56.00 to $62.00 and gave the company an "overweight" rating in a report on Monday, March 2nd. Piper Sandler started coverage on Cactus in a report on Tuesday, February 24th. They issued an "overweight" rating and a $73.00 target price for the company. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cactus in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $56.33.

Cactus Stock Performance

Shares of NYSE WHD traded down $0.24 during trading hours on Friday, reaching $45.76. The stock had a trading volume of 31,450 shares, compared to its average volume of 1,067,934. The firm has a 50-day moving average of $53.99 and a 200-day moving average of $45.94. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 4.80 and a beta of 1.25. The company has a current ratio of 5.81, a quick ratio of 4.13 and a debt-to-equity ratio of 0.01. Cactus has a fifty-two week low of $33.20 and a fifty-two week high of $59.25.

Cactus (NYSE:WHD - Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. The company had revenue of $261.20 million during the quarter, compared to analysts' expectations of $250.60 million. Cactus had a return on equity of 15.18% and a net margin of 15.39%.Cactus's revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the business posted $0.71 EPS.

Institutional Trading of Cactus

Hedge funds and other institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC bought a new stake in shares of Cactus during the 3rd quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of Cactus by 67.6% in the third quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company's stock valued at $25,000 after buying an additional 259 shares during the period. Johnson Financial Group Inc. bought a new position in Cactus during the third quarter valued at about $33,000. Aster Capital Management DIFC Ltd raised its holdings in Cactus by 73.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company's stock valued at $34,000 after acquiring an additional 314 shares in the last quarter. Finally, Huntington National Bank lifted its position in shares of Cactus by 55.4% in the 3rd quarter. Huntington National Bank now owns 1,094 shares of the company's stock worth $43,000 after acquiring an additional 390 shares during the period. 85.11% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cactus

In related news, President Joel Bender sold 106,809 shares of the firm's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $49.92, for a total transaction of $5,331,905.28. Following the completion of the sale, the president directly owned 27,793 shares of the company's stock, valued at approximately $1,387,426.56. This trade represents a 79.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 200,000 shares of company stock valued at $10,039,080 over the last ninety days. 13.75% of the stock is owned by corporate insiders.

Cactus Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 2nd will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. Cactus's dividend payout ratio is currently 23.33%.

Key Headlines Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Stifel Nicolaus initiated a buy, giving independent broker support that can lift demand. Read More.
• Positive Sentiment: Cactus declared a quarterly dividend of $0.14 (payable Mar 19), providing cash yield and some support to the share price.
• Positive Sentiment: Several sell‑side firms raised targets or maintained constructive views recently (Citigroup and Barclays raised price targets), which offers offsetting buy-side signals for longer-term holders.
• Neutral Sentiment: Zacks Research maintains a "Hold" rating and published a FY2028 view (EPS $3.66) — useful for modeling but not an immediate catalyst.
• Neutral Sentiment: Recent earnings: Cactus beat Q4 estimates (EPS $0.65 vs. $0.58) though revenue was down ~4% YoY; management commentary and the earnings note may influence some investors. Read More.
• Negative Sentiment: Zacks trimmed several near‑term estimates and cut FY2026 EPS (e.g., Q1 2026 to $0.60 from $0.64; Q2 2026 to $0.65 from $0.72; FY2026 to $2.64 from $2.72), lowering short‑term growth expectations and potentially pressuring the valuation multiple.
• Negative Sentiment: Insider selling by President Joel Bender: multiple large block sales disclosed (106,809 shares at ~$49.92 and earlier blocks including a 29,228‑share sale). Large insider disposals have heightened headline risk and likely weighed on sentiment. Read More. Read More.
• Negative Sentiment: Media amplification of those insider sales and sector volatility (grouped with other energy/land names) can accelerate short‑term selling pressure. Read More. Read More.

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. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.

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