Graham Corporation (NYSE:GHM) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Six analysts give Graham an average rating of "Moderate Buy" (three Buy, three Hold) with a 12‑month average target of $81.67.
• Recent research moves: Oppenheimer initiated coverage with an "Outperform" and $100 target, Northland upgraded to "Outperform," while Weiss Ratings cut it to "Hold."
• Key fundamentals: Graham beat quarterly expectations (EPS $0.31 vs $0.17; revenue $56.7M vs $52.36M), has a market cap of about $871M and a P/E of 58.3, and a one‑year trading range of $24.78–$91.91.

Shares of Graham Corporation (NYSE:GHM - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $81.6667.

A number of research firms have recently weighed in on GHM. Oppenheimer started coverage on shares of Graham in a research report on Wednesday, March 18th. They set an "outperform" rating and a $100.00 price target for the company. Weiss Ratings cut shares of Graham from a "buy (b-)" rating to a "hold (c)" rating in a report on Friday, February 20th. Finally, Northland Securities upgraded shares of Graham from a "market perform" rating to an "outperform" rating in a research note on Tuesday, February 10th.

Hedge Funds Weigh In On Graham

Several large investors have recently modified their holdings of GHM. Blue Trust Inc. acquired a new position in Graham in the third quarter worth about $28,000. State of Alaska Department of Revenue acquired a new stake in Graham during the third quarter valued at approximately $33,000. BNP Paribas Financial Markets raised its stake in Graham by 62.8% during the second quarter. BNP Paribas Financial Markets now owns 1,063 shares of the industrial products company's stock valued at $53,000 after buying an additional 410 shares in the last quarter. Comerica Bank lifted its holdings in Graham by 396.2% during the 3rd quarter. Comerica Bank now owns 1,052 shares of the industrial products company's stock worth $58,000 after buying an additional 840 shares during the last quarter. Finally, Spire Wealth Management bought a new position in Graham during the 3rd quarter worth approximately $71,000. Institutional investors own 69.46% of the company's stock.

Graham Stock Performance

Shares of GHM opened at $78.68 on Wednesday. The company has a market capitalization of $871.17 million, a P/E ratio of 58.28 and a beta of 0.90. Graham has a one year low of $24.78 and a one year high of $91.91. The stock has a 50-day moving average price of $80.35 and a 200 day moving average price of $67.82.

Graham (NYSE:GHM - Get Free Report) last posted its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.14. Graham had a return on equity of 13.26% and a net margin of 6.28%.The company had revenue of $56.70 million for the quarter, compared to the consensus estimate of $52.36 million. As a group, equities research analysts forecast that Graham will post 1.07 earnings per share for the current fiscal year.

About Graham

Graham Corporation NYSE: GHM is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company's technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.

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