Graham Q3 Earnings Forecast Raised by Northland Securities

Key Points

• Northland raised its Q3 2027 EPS forecast for Graham to $0.39 from $0.38; its Q1 2028 estimate is $0.53. The article also cites a $1.92 consensus estimate for the current full year.
• Graham’s latest quarterly results beat EPS expectations, reporting $0.52 per share versus the $0.34 consensus, though revenue of $69.76 million was below the $71.07 million estimate.
• Analyst views are generally positive: Graham has a “Moderate Buy” consensus rating from four Buy and two Hold ratings, with an average price target of $116.67. Recent actions were mixed, including William Blair’s Outperform initiation and price-target cuts from JPMorgan and Oppenheimer.

Graham Corporation (NYSE:GHM - Free Report) - Research analysts at Northland Securities upped their Q3 2027 earnings per share estimates for Graham in a report released on Friday, November 6th. Northland Securities analyst B. Brooks now anticipates that the industrial products company will earn $0.39 per share for the quarter, up from their previous forecast of $0.38. The consensus estimate for Graham's current full-year earnings is $1.92 per share. Northland Securities also issued estimates for Graham's Q1 2028 earnings at $0.53 EPS.

Several other research firms have also weighed in on GHM. William Blair began coverage on shares of Graham in a research note on Monday. They set an "outperform" rating for the company. JPMorgan Chase & Co. reduced their price target on shares of Graham from $120.00 to $100.00 and set an "overweight" rating on the stock in a research report on Friday, November 6th. Weiss Ratings lowered shares of Graham from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, October 2nd. Wall Street Zen raised shares of Graham from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Oppenheimer lowered their price objective on shares of Graham from $130.00 to $115.00 and set an "outperform" rating for the company in a research report on Thursday, October 8th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Graham has a consensus rating of "Moderate Buy" and an average price target of $116.67.

Graham Price Performance

Shares of GHM opened at $88.23 on Wednesday. The business's fifty day moving average price is $80.22 and its 200 day moving average price is $91.23. Graham has a 12-month low of $52.57 and a 12-month high of $125.82. The stock has a market capitalization of $1.04 billion, a PE ratio of 76.72 and a beta of 1.16.

Graham (NYSE:GHM - Get Free Report) last released its earnings results on Thursday, November 5th. The industrial products company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.18. Graham had a return on equity of 11.56% and a net margin of 5.05%. The company had revenue of $69.76 million for the quarter, compared to the consensus estimate of $71.07 million.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. William Blair Investment Management LLC bought a new stake in Graham in the second quarter valued at $45,159,000. Bank of New York Mellon Corp bought a new position in shares of Graham during the second quarter worth about $4,598,000. BlackRock Inc. bought a new position in shares of Graham during the second quarter worth about $110,235,000. Quantbot Technologies LP acquired a new stake in shares of Graham in the 2nd quarter worth about $1,342,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Graham in the 2nd quarter valued at about $2,406,000. 69.46% of the stock is currently owned by institutional investors.

Key Headlines Impacting Graham

Here are the key news stories impacting Graham this week:

• Positive Sentiment: William Blair initiated coverage with an Outperform rating. A report said Graham shares surged after the initiation, making the new bullish coverage a possible driver of recent interest. William Blair initiates Graham at Outperform
• Positive Sentiment: Northland Securities raised its FY2027 EPS estimate to $1.87 from $1.76 and edged its FY2028 forecast up to $2.34. Noble Financial also made small increases to its FY2027 and FY2028 estimates. These revisions suggest some analysts see improving longer-term earnings potential.
• Positive Sentiment: A Zacks article cited a mean analyst price target implying about 38% upside. Price targets are not reliable on their own, but the bullish target outlook could help sentiment. Wall Street analysts predict upside in Graham
• Neutral Sentiment: Quarterly forecasts are not moving uniformly: Northland raised its Q3 2027 EPS estimate to $0.39, while Noble cut its estimate to the same $0.39 from $0.41. Annual forecast increases are modest, so the revisions do not point to a clear, broad-based earnings upgrade.
• Negative Sentiment: Analysts also trimmed some upcoming quarterly estimates, including Northland’s Q1 2028 forecast ($0.53 from $0.54) and Noble’s Q4 2027 forecast ($0.50 from $0.57). These cuts are a counterweight to the positive coverage and longer-term estimate revisions.

About Graham

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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