Graham (NYSE:GHM) Sees Large Volume Increase - Should You Buy?

Key Points

• Trading volume rose 13% to 137,744 shares on Monday, with the stock trading around $95, signaling elevated activity despite modest intraday price movement.
• Analyst views are mixed: MarketBeat's consensus is a "Moderate Buy" with an average price target of $81.67, while individual firms range from "Strong Buy"/"Outperform" to "Hold," showing divergent expectations.
• Recent results beat expectations: Graham reported EPS of $0.31 vs. $0.17 expected and revenue of $56.7M vs. $52.36M, and the company has a $1.04B market cap, a high P/E (~69.3), and ~69% institutional ownership.

Shares of Graham Corporation (NYSE:GHM - Get Free Report) saw an uptick in trading volume on Monday . 137,744 shares were traded during trading, an increase of 13% from the previous session's volume of 121,958 shares.The stock last traded at $95.04 and had previously closed at $94.80.

Analyst Upgrades and Downgrades

GHM has been the subject of a number of research reports. Zacks Research raised shares of Graham from a "hold" rating to a "strong-buy" rating in a report on Friday, April 10th. Weiss Ratings lowered shares of Graham from a "buy (b-)" rating to a "hold (c)" rating in a research report on Friday, February 20th. Oppenheimer assumed coverage on shares of Graham in a research note on Wednesday, March 18th. They issued an "outperform" rating and a $100.00 target price for the company. Finally, Northland Securities raised Graham from a "market perform" rating to an "outperform" rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $81.67.

Graham Trading Down 1.3%

The stock has a market cap of $1.04 billion, a P/E ratio of 69.28 and a beta of 1.05. The company's fifty day simple moving average is $85.90 and its 200-day simple moving average is $73.41.

Graham (NYSE:GHM - Get Free Report) last released its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.14. The company had revenue of $56.70 million during the quarter, compared to the consensus estimate of $52.36 million. Graham had a net margin of 6.28% and a return on equity of 13.26%. As a group, analysts expect that Graham Corporation will post 1.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Graham

Large investors have recently modified their holdings of the stock. AdvisorShares Investments LLC boosted its stake in Graham by 7.9% in the 4th quarter. AdvisorShares Investments LLC now owns 3,238 shares of the industrial products company's stock valued at $208,000 after buying an additional 238 shares in the last quarter. Raymond James Financial Inc. raised its stake in Graham by 1.5% during the third quarter. Raymond James Financial Inc. now owns 21,608 shares of the industrial products company's stock worth $1,186,000 after acquiring an additional 319 shares in the last quarter. Diversified Trust Co lifted its holdings in shares of Graham by 8.3% during the first quarter. Diversified Trust Co now owns 4,267 shares of the industrial products company's stock valued at $337,000 after acquiring an additional 326 shares during the period. Barclays PLC lifted its holdings in shares of Graham by 2.2% during the fourth quarter. Barclays PLC now owns 16,212 shares of the industrial products company's stock valued at $1,041,000 after acquiring an additional 350 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Graham by 6.4% in the 4th quarter. AQR Capital Management LLC now owns 5,862 shares of the industrial products company's stock valued at $377,000 after purchasing an additional 355 shares in the last quarter. 69.46% of the stock is currently owned by institutional investors.

Graham Company Profile

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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