Graham Corporation (NYSE:GHM) Stock Has Average Price Target of $116.67 According to Brokerages

Key Points

• Analyst sentiment is moderately positive: Six brokerages give Graham a consensus “Moderate Buy” rating—four buys and two holds—with an average 12-month price target of $116.67. Recent target cuts included JPMorgan’s reduction to $100 and Oppenheimer’s to $115.
• Quarterly earnings beat expectations, but revenue fell short: Graham reported $0.52 in earnings per share versus the $0.34 consensus, while revenue of $69.76 million was below analysts’ $71.07 million estimate.
• Shares opened at $86.82, below the average analyst price target; institutional investors and hedge funds own about 69.5% of the company’s stock.

Graham Corporation (NYSE:GHM - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $116.67.

Several equities research analysts have recently weighed in on GHM shares. Weiss Ratings lowered Graham from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. lowered their price target on Graham from $120.00 to $100.00 and set an "overweight" rating for the company in a report on Friday, November 6th. Wall Street Zen upgraded shares of Graham from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Oppenheimer cut their price target on shares of Graham from $130.00 to $115.00 and set an "outperform" rating on the stock in a research note on Thursday, October 8th. Finally, William Blair initiated coverage on Graham in a report on Monday. They set an "outperform" rating on the stock.

Graham Trading Down 1.6%

Shares of GHM stock opened at $86.82 on Thursday. The company has a market cap of $1.02 billion, a P/E ratio of 75.50, a PEG ratio of 2.53 and a beta of 1.16. The firm has a fifty day moving average price of $80.29 and a 200 day moving average price of $91.29. Graham has a 12 month low of $52.57 and a 12 month high of $125.82.

Graham (NYSE:GHM - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The industrial products company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.18. The company had revenue of $69.76 million for the quarter, compared to analysts' expectations of $71.07 million. Graham had a return on equity of 11.56% and a net margin of 5.05%. On average, equities analysts forecast that Graham will post 1.94 EPS for the current year.

Hedge Funds Weigh In On Graham

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Graham in the 2nd quarter worth approximately $110,235,000. William Blair Investment Management LLC acquired a new position in shares of Graham in the second quarter worth $45,159,000. Bank of New York Mellon Corp purchased a new stake in shares of Graham in the second quarter valued at $31,920,000. De Lisle Partners LLP purchased a new stake in shares of Graham in the second quarter valued at $11,141,000. Finally, Wasatch Advisors LP boosted its stake in shares of Graham by 0.8% during the second quarter. Wasatch Advisors LP now owns 85,103 shares of the industrial products company's stock valued at $10,535,000 after acquiring an additional 659 shares during the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Graham

These are some of the GHM headlines that stood out recently:

• Positive Sentiment: Maxim Group reaffirmed its Buy rating on Graham, maintaining a favorable view of the company. Maxim Group Reaffirms Their Buy Rating on Graham
• Positive Sentiment: Northland raised its fiscal 2027 EPS estimate to $1.87 from $1.76 and its fiscal 2028 estimate to $2.34 from $2.33, signaling improved expectations for future earnings. Noble also made a slight increase to its fiscal 2028 estimate. Graham analyst estimate updates
• Neutral Sentiment: William Blair initiated coverage of Graham, but the report provided here does not specify a rating or price target, so the likely market impact is unclear. Graham Now Covered by William Blair

Graham Company Profile

Graham Corporation designs and manufactures engineered equipment used to create and maintain vacuum conditions and transfer heat. Its products include steam jet ejectors, vacuum systems, surface condensers and heat exchangers for industrial applications. The company also provides turbomachinery through its Barber-Nichols business, including pumps, compressors and turbines used in aerospace, defense, energy and other markets. Graham's equipment serves customers in industries such as chemical processing, refining, power generation and naval defense.

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