FY2026 Earnings Forecast for Cactus Issued By Zacks Research

Cactus, Inc. (NYSE:WHDFree Report) – Investment analysts at Zacks Research lowered their FY2026 EPS estimates for Cactus in a note issued to investors on Tuesday, September 2nd. Zacks Research analyst Team now expects that the company will earn $2.81 per share for the year, down from their prior 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:WHDGet Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The business had revenue of $273.58 million during the quarter, compared to analyst estimates of $280.28 million. Cactus had a net margin of 16.19% and a return on equity of 17.34%. Cactus’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share.

A number of other equities research analysts have also recently commented on WHD. Stifel Nicolaus reduced their target price on shares of Cactus from $57.00 to $53.00 and set a “buy” rating for the company in a research report on Friday, August 1st. JPMorgan Chase & Co. dropped their price objective 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. Wall Street Zen raised shares of Cactus from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Barclays reissued an “overweight” rating and issued a $52.00 price objective (down previously from $53.00) on shares of Cactus in a report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Cactus presently has an average rating of “Hold” and a consensus target price of $50.75.

Get Our Latest Stock Analysis on Cactus

Cactus Price Performance

Shares of NYSE WHD opened at $42.75 on Thursday. The firm has a 50-day simple moving average of $42.66 and a 200-day simple moving average of $43.51. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 4.08 and a beta of 1.53. The company has a quick ratio of 3.48, a current ratio of 4.85 and a debt-to-equity ratio of 0.01. Cactus has a 52 week low of $33.80 and a 52 week high of $70.01.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of WHD. Advisors Asset Management Inc. boosted its stake in 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 buying an additional 543 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Cactus during the first quarter worth about $57,000. Financial Harvest LLC purchased a new position in Cactus during the first quarter worth about $130,000. CWM LLC boosted its stake in Cactus by 131.7% during the second quarter. CWM LLC now owns 2,966 shares of the company’s stock worth $130,000 after buying an additional 1,686 shares during the period. Finally, KBC Group NV boosted its stake in Cactus by 11.9% during the first quarter. KBC Group NV now owns 3,373 shares of the company’s stock worth $155,000 after buying 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%.

Cactus Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Cactus (NYSE:WHD)

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