Brokers Offer Predictions for Cactus' Q1 Earnings (NYSE:WHD)

Cactus, Inc. (NYSE:WHD - Free Report) - Analysts at Zacks Research cut their Q1 2026 EPS estimates for Cactus in a note issued to investors on Monday, July 14th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.72 for the quarter, down from their previous forecast of $0.78. 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 $0.71 EPS, Q1 2027 earnings at $0.80 EPS and Q2 2027 earnings at $0.91 EPS.

A number of other equities analysts have also recently commented on WHD. JPMorgan Chase & Co. reduced their price objective on shares of Cactus from $52.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, May 28th. Stifel Nicolaus cut their price target on Cactus from $61.00 to $57.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Barclays lowered their target price on Cactus from $54.00 to $53.00 and set an "overweight" rating on the stock in a research report on Friday, June 20th.

Cactus Stock Performance

Shares of NYSE:WHD remained flat at $43.57 during mid-day trading on Wednesday. 408,138 shares of the company were exchanged, compared to its average volume of 690,810. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.47 and a current ratio of 4.85. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 3.83 and a beta of 1.48. The stock has a fifty day moving average of $44.18 and a 200 day moving average of $48.13. Cactus has a 1-year low of $33.80 and a 1-year high of $70.01.

Cactus (NYSE:WHD - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.03. The firm had revenue of $280.32 million for the quarter, compared to analyst estimates of $272.22 million. Cactus had a net margin of 16.78% and a return on equity of 18.99%. The company's revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS.

Institutional Trading of Cactus

A number of hedge funds and other institutional investors have recently bought and sold shares of WHD. State of Tennessee Department of Treasury boosted its stake in Cactus by 0.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 35,828 shares of the company's stock valued at $2,091,000 after buying an additional 177 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Cactus by 1.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,382 shares of the company's stock worth $606,000 after purchasing an additional 180 shares during the period. PNC Financial Services Group Inc. increased its holdings in Cactus by 6.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,776 shares of the company's stock worth $220,000 after purchasing an additional 239 shares during the period. Central Pacific Bank Trust Division increased its holdings in Cactus by 7.5% during the 1st quarter. Central Pacific Bank Trust Division now owns 3,586 shares of the company's stock worth $164,000 after purchasing an additional 250 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Cactus by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,133 shares of the company's stock valued at $300,000 after acquiring an additional 269 shares during the period. Hedge funds and other institutional investors own 85.11% of the company's stock.

Cactus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 2nd were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Monday, June 2nd. Cactus's dividend payout ratio (DPR) is presently 18.51%.

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.