Graham - GHM Stock Forecast, Price & News

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems comprising ejectors and surface condensers; torpedo ejection and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems, including pumps, blowers, and electronics. The company also provides rocket propulsion systems, such as turbopumps and fuel pumps; cooling systems comprising pumps, compressors, fans, and blowers; and life support systems, including fans, pumps, and blowers. In addition, it offers heat transfer and vacuum systems comprising ejectors, process condensers, surface condensers, liquid ring pumps, heat exchangers, and nozzles, as well as turbomachinery products; and power generation systems, including turbines, generators, compressors, and pumps. The company also services and sells spare parts for its equipment. It sells its products directly in the United States, the Middle East, Canada, Asia, South America, and internationally. Graham Corporation was founded in 1936 and is headquartered in Batavia, New York.

Graham Price Performance

Shares of GHM traded down $0.06 during mid-day trading on Monday, hitting $8.86. 226 shares of the company traded hands, compared to its average volume of 30,123. The business has a 50-day moving average of $7.47 and a 200 day moving average of $7.88. Graham has a one year low of $6.51 and a one year high of $13.97. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.47 and a quick ratio of 1.17.

Graham (NYSE:GHM - Get Rating) last released its quarterly earnings data on Friday, July 29th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.22. Graham had a negative net margin of 3.58% and a negative return on equity of 3.15%. During the same quarter in the previous year, the business posted ($0.28) earnings per share. As a group, analysts expect that Graham will post 0.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Graham in a research report on Tuesday, August 9th. They set a "hold" rating for the company. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Graham currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.00.

Insider Activity at Graham

In other Graham news, CEO Daniel J. Thoren bought 7,500 shares of Graham stock in a transaction dated Thursday, August 4th. The shares were purchased at an average cost of $7.83 per share, with a total value of $58,725.00. Following the transaction, the chief executive officer now directly owns 318,191 shares of the company's stock, valued at $2,491,435.53. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Daniel J. Thoren purchased 5,000 shares of the company's stock in a transaction dated Tuesday, August 2nd. The stock was acquired at an average price of $7.20 per share, with a total value of $36,000.00. Following the purchase, the chief executive officer now directly owns 308,682 shares in the company, valued at approximately $2,222,510.40. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Daniel J. Thoren acquired 7,500 shares of the stock in a transaction on Thursday, August 4th. The shares were acquired at an average cost of $7.83 per share, for a total transaction of $58,725.00. Following the completion of the transaction, the chief executive officer now directly owns 318,191 shares in the company, valued at approximately $2,491,435.53. The disclosure for this purchase can be found here. 6.60% of the stock is owned by corporate insiders.