Graham Stock Gets Reduced EPS Forecast from Noble Financial

Key Points

• Noble Financial cut Graham’s Q3 FY2027 EPS forecast to $0.39 from $0.41; its FY2027 estimate is $1.92 per share.
• Graham reported quarterly EPS of $0.52, beating the $0.34 consensus, while revenue of $69.76 million came in below the $71.07 million estimate.
• Analyst sentiment remains moderately positive: Graham has a “Moderate Buy” consensus rating and an average price target of $116.67, though some brokerages have lowered their targets.

Graham Corporation (NYSE:GHM - Free Report) - Equities researchers at Noble Financial cut their Q3 2027 earnings estimates for Graham in a research note issued to investors on Monday, November 9th. Noble Financial analyst J. Gomes now expects that the industrial products company will earn $0.39 per share for the quarter, down from their previous estimate of $0.41. The consensus estimate for Graham's current full-year earnings is $1.92 per share. Noble Financial also issued estimates for Graham's FY2027 earnings at $1.92 EPS.

Graham (NYSE:GHM - Get Free Report) last announced its 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 business had revenue of $69.76 million for the quarter, compared to the consensus estimate of $71.07 million. Graham had a net margin of 5.05% and a return on equity of 11.56%.

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

Graham Price Performance

Shares of Graham stock opened at $88.23 on Wednesday. Graham has a 1 year low of $52.57 and a 1 year high of $125.82. The firm has a market cap of $1.04 billion, a PE ratio of 76.72 and a beta of 1.16. The company has a 50 day simple moving average of $80.22 and a two-hundred day simple moving average of $91.23.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GHM. Westport Asset Management Inc. purchased a new position in shares of Graham during the second quarter worth approximately $171,000. Corient Private Wealth LP boosted its stake in shares of Graham by 9.5% in the 2nd quarter. Corient Private Wealth LP now owns 2,863 shares of the industrial products company's stock valued at $354,000 after purchasing an additional 249 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Graham in the 2nd quarter valued at $52,000. Wasatch Advisors LP grew its holdings in shares of Graham by 0.8% during the 2nd quarter. Wasatch Advisors LP now owns 85,103 shares of the industrial products company's stock valued at $10,535,000 after purchasing an additional 659 shares during the last quarter. Finally, Silvant Capital Management LLC purchased a new position in Graham in the 2nd quarter worth $101,000. 69.46% of the stock is currently owned by institutional investors.

Key Graham News

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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