Northland Securities Increases Earnings Estimates for Graham

Graham Corporation (NYSE:GHM) – Equities researchers at Northland Securities boosted their FY2027 EPS estimates for shares of Graham in a research note issued to investors on Friday, November 6th. Northland Securities analyst B. Brooks now forecasts that the industrial products company will post earnings of $1.87 per share for the year, up from their prior forecast of $1.76. The consensus estimate for Graham’s current full-year earnings is $1.90 per share. Northland Securities also issued estimates for Graham’s Q4 2027 earnings at $0.47 EPS, Q2 2028 earnings at $0.52 EPS, Q3 2028 earnings at $0.60 EPS, Q4 2028 earnings at $0.68 EPS and FY2028 earnings at $2.34 EPS.

Graham (NYSE:GHM) last posted its quarterly earnings results on Thursday, November 5th. The industrial products company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.18. Graham had a net margin of 4.53% and a return on equity of 11.09%. The firm had revenue of $69.76 million during the quarter, compared to the consensus estimate of $71.07 million.

A number of other research analysts also recently weighed in on the company. Wall Street Zen raised Graham from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings lowered Graham from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Oppenheimer reduced their price objective on Graham from $130.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, October 8th. William Blair initiated coverage on shares of Graham in a research report on Monday. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. decreased their price target on shares of Graham from $120.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $116.67.

Graham Price Performance

GHM stock opened at $88.64 on Tuesday. The company’s 50-day moving average is $80.20 and its 200-day moving average is $91.16. The stock has a market capitalization of $1.04 billion, a PE ratio of 77.08 and a beta of 1.16. Graham has a 1 year low of $52.57 and a 1 year high of $125.82.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. William Blair Investment Management LLC purchased a new stake in Graham in the 2nd quarter worth about $45,159,000. Bank of New York Mellon Corp purchased a new stake in Graham during the second quarter valued at about $4,598,000. BlackRock Inc. purchased a new stake in Graham during the second quarter valued at about $110,235,000. Quantbot Technologies LP purchased a new stake in Graham during the second quarter valued at about $1,342,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Graham during the second quarter worth about $2,406,000. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Trending Headlines about Graham

Here are the key news stories impacting Graham this week:

• Positive Sentiment: William Blair initiated coverage with an Outperform rating, adding a new bullish view of Graham’s shares. Graham surges as William Blair initiates with Outperform rating
• Positive Sentiment: Graham’s latest reported quarterly EPS of $0.52 beat analysts’ $0.34 estimate, helping support investor sentiment after the earnings announcement. Graham shares gap up after better-than-expected earnings
• Neutral Sentiment: Quarterly revenue was $69.76 million, below the $71.07 million analyst estimate, tempering the earnings-per-share beat.
• Negative Sentiment: JPMorgan lowered its price target from $120 to $100, signaling a more cautious valuation view, though it kept an Overweight rating. JPMorgan stock recommendations

About Graham

Graham Corporation (NYSE: GHM) is a U.S.-based designer and manufacturer of engineered equipment and systems for the defense, space, and commercial markets. The company develops thermal-management, fluid-handling, vacuum, and power-generation technologies used in demanding industrial and government applications.

Graham supplies equipment for naval vessels, including surface ships and submarines, as well as systems supporting aerospace and space programs. Its products and capabilities include condensers, heat exchangers, vacuum equipment, steam and gas ejectors, cryogenic systems, and integrated propulsion and power solutions.