Graham Corporation (NYSE:GHM) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Graham Corporation (NYSE:GHM) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $60.00.

A number of equities analysts have issued reports on the company. Wall Street Zen raised Graham from a “sell” rating to a “hold” rating in a research report on Sunday, November 16th. Noble Financial cut shares of Graham from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Graham in a report on Tuesday. Finally, Zacks Research downgraded Graham from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th.

Institutional Investors Weigh In On Graham

A number of hedge funds have recently made changes to their positions in GHM. Gamco Investors INC. ET AL boosted its stake in Graham by 1.8% in the first quarter. Gamco Investors INC. ET AL now owns 281,285 shares of the industrial products company’s stock worth $8,107,000 after purchasing an additional 4,850 shares in the last quarter. Inspire Investing LLC bought a new stake in shares of Graham during the second quarter worth approximately $912,000. Bank of New York Mellon Corp lifted its stake in shares of Graham by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company’s stock valued at $797,000 after purchasing an additional 696 shares during the period. Wellington Management Group LLP lifted its stake in Graham by 47.5% in the first quarter. Wellington Management Group LLP now owns 54,960 shares of the industrial products company’s stock valued at $1,584,000 after buying an additional 17,693 shares during the period. Finally, Nuveen LLC acquired a new position in Graham during the first quarter valued at approximately $553,000. Institutional investors own 69.46% of the company’s stock.

Graham Trading Up 0.6%

Shares of GHM stock opened at $57.22 on Thursday. The company has a market cap of $628.70 million, a PE ratio of 45.41 and a beta of 0.97. The company’s fifty day simple moving average is $57.93 and its 200-day simple moving average is $51.27. Graham has a 52 week low of $24.78 and a 52 week high of $64.66.

Graham (NYSE:GHM) last posted its earnings results on Friday, November 7th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The company had revenue of $66.03 million during the quarter, compared to analyst estimates of $57.55 million. Graham had a net margin of 6.43% and a return on equity of 12.83%. Graham has set its FY 2026 guidance at EPS. Equities research analysts expect that Graham will post 1.07 EPS for the current fiscal year.

About Graham

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.