Graham Corporation: After A Fantastic Ride Higher, It's Time To Step Back (Rating Downgrade) [Seeking Alpha]
Graham Corporation (GHM)
NASDAQ:AMEX Investor Relations:
graham-mfg.com/investor-relations-contacts
Company Research
Source: Seeking Alpha
The company has shown continued revenue growth, improving cash flows, and backlog expansion, indicating future revenue growth. Despite optimism about the company's long-term prospects, the recent surge in stock price warrants a downgrade to a 'hold' rating. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Late last year, near the end of December, I conducted my first ever deep dive into Graham Corporation NYSE: GHM ), a company that's focused on the production of mission critical fluid, power, and heat transfer, as well as vacuum technologies. In that article, I mentioned how impressed I was with the firm's growth leading up to that point. It looked as though the company was well on track to achieve the $200 million in annual revenue that it was targeting by 2027. Add on top of this how shares were trading from a valuation perspective, and I could not help but to rate it a 'buy'. N
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GHM
News
- Graham Co. (NYSE: GHM) is now covered by analysts at Noble Financial. They set an "outperform" rating and a $35.00 price target on the stock.MarketBeat
- Graham Corporation Reports Expanded Margins on Sales Growth of 18% to a Record $185.5 Million for Fiscal 2024 [Yahoo! Finance]Yahoo! Finance
- Graham Corporation Reports Expanded Margins on Sales Growth of 18% to a Record $185.5 Million for Fiscal 2024Business Wire
- Graham Corporation to Present at the Sidoti Small-Cap Virtual ConferenceBusiness Wire
- Graham Co. (NYSE: GHM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GHM
Earnings
- 2/5/24 - Beat
GHM
Sec Filings
- 6/21/24 - Form 11-K
- 6/20/24 - Form 8-K
- 6/10/24 - Form 8-K
- GHM's page on the SEC website