Cactus, Inc. (WHD) shares soared 5.7% in the last trading session to close at $49.69. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.2% gain over the past four weeks.
Cactus' shares rallied on the last trading day as investor sentiment strengthened following its agreement to acquire a 65% stake in Baker Hughes’ Surface Pressure Control business. The transaction expands Cactus’ global footprint and customer base while providing increased revenue visibility, supported by a project backlog of more than $600 million. This added scale and backlog are reinforcing expectations for more stable and sustainable growth.
This company is expected to post quarterly earnings of $0.58 per share in its upcoming report, which represents a year-over-year change of -18.3%. Revenues are expected to be $250.63 million, down 7.9% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Cactus, the consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on WHD going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Cactus belongs to the Zacks Oil and Gas - Integrated - United States industry. Another stock from the same industry, National Fuel Gas (NFG), closed the last trading session 0.1% lower at $81.97. Over the past month, NFG has returned 0.3%.
For National Fuel Gas, the consensus EPS estimate for the upcoming report has changed +4.8% over the past month to $1.95. This represents a change of +17.5% from what the company reported a year ago. National Fuel Gas currently has a Zacks Rank of #3 (Hold).
Just Released: Zacks Top 10 Stocks for 2026
Hurry – you can still get in early on our 10 top tickers for 2026. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful.
From inception in 2012 through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.
Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2026. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>Cactus, Inc. (WHD) : Free Stock Analysis Report
National Fuel Gas Company (NFG) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
