For its fourth fiscal quarter (ending March 31), Graham Corp (NYSE: GHM) has reported E.P.S. of $0.12 compared to $-0.05 a year ago. For the latest four quarters through March 31, E.P.S. were $0.42 compared to $0.03 a year ago — an increase of 1300%.
Recent Price Action
On 6/7/24, Graham Corp (NYSE: GHM) stock enjoyed a very large increase of 6.1%, closing at $27.65. Moreover, this advance was accompanied by exceptionally high trading volume at 204% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, GHM is expected to continue to be Value Creation neutral.
Graham has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Graham has a very low Appreciation Score of 7 but a very high Power Rating of 98, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment