Zacks Research Has Bearish Forecast for Cactus Q4 Earnings

Key Points

• Zacks Research cut Cactus’s Q4 2026 EPS forecast to $0.70 from $0.77, signaling near-term earnings caution; it projects full-year 2027 EPS of $3.14.
• Cactus recently beat quarterly expectations, reporting $0.93 EPS versus $0.64 expected and $449.5 million in revenue, up 64.3% year over year. However, the stock’s elevated valuation and a Citi downgrade have contributed to an overall analyst consensus rating of Hold.
• The company raised its quarterly dividend to $0.15 per share, or $0.60 annually, representing a yield of approximately 0.9%.

Cactus, Inc. (NYSE:WHD - Free Report) - Zacks Research reduced their Q4 2026 earnings estimates for shares of Cactus in a research note issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will earn $0.70 per share for the quarter, down from their prior forecast 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 reports. Barclays boosted their price objective on shares of Cactus from $70.00 to $74.00 and gave the company an "overweight" rating in a research note on Monday, August 3rd. Piper Sandler boosted their price target on Cactus from $72.00 to $73.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded Cactus from a "hold (c-)" rating to a "hold (c)" rating in a research note 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 report on Friday, July 31st. Finally, Citigroup lowered Cactus from a "buy" rating to a "neutral" rating and lifted their price objective for the company from $67.00 to $75.00 in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Cactus has an average rating of "Hold" and a consensus price target of $66.80.

Cactus Stock Performance

NYSE:WHD opened at $69.27 on Friday. The company has a quick ratio of 1.81, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. The company has a market cap of $5.55 billion, a P/E ratio of 59.21, a P/E/G ratio of 2.60 and a beta of 1.36. Cactus has a fifty-two week low of $33.20 and a fifty-two week high of $74.07. The firm's 50 day moving average is $58.62 and its two-hundred day moving average is $55.91.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Johnson Financial Group Inc. acquired a new position in Cactus in the 3rd quarter worth $33,000. Aster Capital Management DIFC Ltd grew its stake in shares of Cactus by 73.4% during the fourth 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. Public Employees Retirement System of Ohio purchased a new stake in shares of Cactus during the second quarter worth about $35,000. Advisors Asset Management Inc. increased its position in shares of Cactus by 113.8% during the first quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company's stock worth $47,000 after acquiring an additional 543 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of Cactus by 39,200.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,179 shares of the company's stock worth $54,000 after acquiring an additional 1,176 shares in the last quarter. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Cactus news, CEO Steven Bender sold 25,000 shares of the firm's stock in a transaction dated 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 directly owned 99,241 shares of the company's stock, valued at $6,713,653.65. This trade represents a 20.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Scott Bender sold 100,000 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $63.89, for a total value of $6,389,000.00. Following the completion of the sale, the chief executive officer directly 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 263,455 shares of company stock valued at $16,261,764 in the last 90 days. 12.91% of the stock is currently owned by company insiders.

Cactus Increases Dividend

The firm also recently declared 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. This is a positive change from Cactus's previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. Cactus's dividend payout ratio is currently 47.86%.

Cactus News Summary

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.

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