Noble Financial Weighs in on Graham FY2027 Earnings

Graham Co. (NYSE:GHM - Free Report) - Equities researchers at Noble Financial issued their FY2027 earnings per share (EPS) estimates for shares of Graham in a report issued on Tuesday, June 10th. Noble Financial analyst J. Gomes expects that the industrial products company will post earnings per share of $1.70 for the year. The consensus estimate for Graham's current full-year earnings is $1.07 per share.

Separately, Wall Street Zen downgraded Graham from a "buy" rating to a "hold" rating in a report on Thursday, February 27th.

Graham Price Performance

Graham stock traded up $1.18 during mid-day trading on Wednesday, hitting $47.06. 83,034 shares of the company's stock traded hands, compared to its average volume of 83,335. The firm has a 50 day simple moving average of $35.11 and a two-hundred day simple moving average of $37.79. Graham has a fifty-two week low of $24.78 and a fifty-two week high of $52.00. The stock has a market cap of $513.10 million, a price-to-earnings ratio of 56.70 and a beta of 0.85.

Graham (NYSE:GHM - Get Free Report) last announced its quarterly earnings results on Monday, June 9th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.17. Graham had a return on equity of 9.35% and a net margin of 4.60%. The business had revenue of $59.35 million during the quarter, compared to the consensus estimate of $55.67 million.

Institutional Investors Weigh In On Graham

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Graham by 1.8% during the first quarter. Vanguard Group Inc. now owns 665,865 shares of the industrial products company's stock worth $19,190,000 after buying an additional 11,874 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Graham by 8.7% in the fourth quarter. Renaissance Technologies LLC now owns 375,368 shares of the industrial products company's stock worth $16,693,000 after purchasing an additional 29,900 shares during the period. First Eagle Investment Management LLC increased its position in shares of Graham by 0.5% in the fourth quarter. First Eagle Investment Management LLC now owns 352,973 shares of the industrial products company's stock worth $15,697,000 after purchasing an additional 1,750 shares during the period. Gamco Investors INC. ET AL increased its position in shares of 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 during the period. Finally, American Century Companies Inc. increased its position in shares of Graham by 61.4% in the first quarter. American Century Companies Inc. now owns 222,187 shares of the industrial products company's stock worth $6,403,000 after purchasing an additional 84,529 shares during the period. Institutional investors and hedge funds own 69.46% of the company's stock.

Graham Company Profile

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.