Noble Financial Weighs in on Graham's Q4 Earnings (NYSE:GHM)

Key Points

• Noble Financial cut its Q4 2027 EPS forecast for Graham to $0.50 from $0.57 and projects FY2028 EPS of $2.26; the current full-year consensus is $1.90 per share.
• Graham’s latest quarter delivered EPS of $0.52, beating the $0.34 consensus, while revenue of $69.76 million fell short of the $71.07 million estimate.
• Analyst views are mixed: four analysts rate the stock Buy and two rate it Hold, with a $116.67 consensus price target; JPMorgan and Oppenheimer recently lowered their targets.

Graham Corporation (NYSE:GHM - Free Report) - Analysts at Noble Financial decreased their Q4 2027 earnings per share estimates for Graham in a research report issued on Monday, November 9th. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings of $0.50 per share for the quarter, down from their previous forecast of $0.57. The consensus estimate for Graham's current full-year earnings is $1.90 per share. Noble Financial also issued estimates for Graham's FY2028 earnings at $2.26 EPS.

Several other research analysts also recently weighed in on the company. Weiss Ratings downgraded Graham from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, October 2nd. Wall Street Zen upgraded shares of Graham from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. William Blair began coverage on shares of Graham in a research report on Monday. They set an "outperform" rating on the stock. JPMorgan Chase & Co. lowered their target price on shares of Graham from $120.00 to $100.00 and set an "overweight" rating on the stock in a report on Friday. Finally, Oppenheimer dropped their target price 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 equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $116.67.

Graham Trading Up 13.6%

Shares of GHM opened at $88.64 on Tuesday. The business's 50 day moving average is $80.20 and its 200 day moving average is $91.16. The company has a market capitalization of $1.04 billion, a PE ratio of 77.08 and a beta of 1.16. Graham has a 12-month low of $52.57 and a 12-month high of $125.82.

Graham (NYSE:GHM - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The industrial products company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.18. Graham had a return on equity of 11.09% and a net margin of 4.53%. The firm had revenue of $69.76 million during the quarter, compared to analyst estimates of $71.07 million.

Institutional Investors Weigh In On Graham

A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Graham during the second quarter valued at approximately $110,235,000. William Blair Investment Management LLC bought a new stake in Graham in the 2nd quarter worth approximately $45,159,000. De Lisle Partners LLP bought a new stake in Graham in the 2nd quarter worth approximately $11,141,000. Philadelphia Trust Co. increased its stake in Graham by 36.0% in the 3rd quarter. Philadelphia Trust Co. now owns 87,531 shares of the industrial products company's stock worth $7,555,000 after acquiring an additional 23,157 shares during the last quarter. Finally, Wasatch Advisors LP raised 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 worth $10,535,000 after acquiring an additional 659 shares in the last quarter. 69.46% of the stock is currently owned by hedge funds and other 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, adding a new bullish view of Graham’s shares. Graham surges as William Blair initiates with Outperform rating
• Positive Sentiment: Graham’s latest reported quarterly EPS of $0.52 beat analysts’ $0.34 estimate, helping support investor sentiment after the earnings announcement. Graham shares gap up after better-than-expected earnings
• Neutral Sentiment: Quarterly revenue was $69.76 million, below the $71.07 million analyst estimate, tempering the earnings-per-share beat.
• Negative Sentiment: JPMorgan lowered its price target from $120 to $100, signaling a more cautious valuation view, though it kept an Overweight rating. JPMorgan stock recommendations

About Graham

Graham Corporation NYSE: GHM is a U.S.-based designer and manufacturer of engineered equipment and systems for the defense, space, and commercial markets. The company develops thermal-management, fluid-handling, vacuum, and power-generation technologies used in demanding industrial and government applications.

Graham supplies equipment for naval vessels, including surface ships and submarines, as well as systems supporting aerospace and space programs. Its products and capabilities include condensers, heat exchangers, vacuum equipment, steam and gas ejectors, cryogenic systems, and integrated propulsion and power solutions.

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