Noble Financial Issues Negative Forecast for Graham Earnings

Key Points

• Noble Financial cut Graham’s Q2 2027 earnings forecast to $0.44 per share from $0.56, while projecting $1.91 per share for full-year 2027.
• Graham recently exceeded quarterly expectations, reporting $0.49 EPS versus the $0.27 consensus and $71.34 million in revenue, up 28.6% year over year.
• Analyst sentiment remains cautious: Graham has a consensus “Hold” rating and a $132.50 target price, despite shares trading near $108.69 and institutional investors owning 69.46% of the stock.

Graham Corporation (NYSE:GHM - Free Report) - Research analysts at Noble Financial decreased their Q2 2027 earnings estimates for Graham in a note issued to investors on Monday, August 10th. Noble Financial analyst J. Gomes now forecasts that the industrial products company will post earnings of $0.44 per share for the quarter, down from their prior estimate of $0.56. The consensus estimate for Graham's current full-year earnings is $1.89 per share. Noble Financial also issued estimates for Graham's Q3 2027 earnings at $0.41 EPS, Q4 2027 earnings at $0.57 EPS and FY2027 earnings at $1.91 EPS.

A number of other equities research analysts have also issued reports on GHM. Zacks Research lowered shares of Graham from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 10th. Northland Securities lifted their target price on shares of Graham from $111.00 to $135.00 and gave the company an "outperform" rating in a report on Tuesday, June 23rd. Wall Street Zen raised Graham from a "sell" rating to a "hold" rating in a research note on Saturday. Oppenheimer lifted their price objective on shares of Graham to $130.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Finally, Weiss Ratings lowered Graham from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Graham presently has a consensus rating of "Hold" and a consensus target price of $132.50.

Graham Stock Performance

GHM opened at $108.69 on Tuesday. Graham has a fifty-two week low of $46.58 and a fifty-two week high of $125.82. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 104.51 and a beta of 1.04. The company has a fifty day moving average of $107.58 and a two-hundred day moving average of $93.97.

Graham (NYSE:GHM - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The industrial products company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.22. Graham had a net margin of 4.53% and a return on equity of 11.09%. The firm had revenue of $71.34 million for the quarter, compared to analyst estimates of $65.60 million. During the same period in the previous year, the company earned $0.45 earnings per share. The business's quarterly revenue was up 28.6% compared to the same quarter last year.

Institutional Trading of Graham

Several institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers grew its position in Graham by 40.6% in the second quarter. Rhumbline Advisers now owns 14,755 shares of the industrial products company's stock valued at $731,000 after acquiring an additional 4,257 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Graham during the second quarter valued at about $325,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Graham during the second quarter worth about $226,000. Invesco Ltd. lifted its stake in shares of Graham by 1,396.0% in the second quarter. Invesco Ltd. now owns 115,893 shares of the industrial products company's stock worth $5,738,000 after acquiring an additional 108,146 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of Graham in the second quarter worth about $783,000. 69.46% of the stock is owned by hedge funds and other 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source