Graham (NYSE:GHC) Raised to Hold at ValuEngine

ValuEngine upgraded shares of Graham (NYSE:GHC) from a sell rating to a hold rating in a research report sent to investors on Wednesday, ValuEngine reports.

Separately, TheStreet cut Graham from a b rating to a c+ rating in a report on Friday, November 1st.

Shares of Graham stock opened at $635.48 on Wednesday. The business has a 50-day moving average of $652.00 and a 200 day moving average of $693.36. Graham has a 12 month low of $614.81 and a 12 month high of $756.26. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 16.48 and a beta of 0.42. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 1.44.

Graham (NYSE:GHC) last announced its earnings results on Wednesday, October 30th. The company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $6.60 by $1.34. Graham had a return on equity of 6.88% and a net margin of 8.35%. The company had revenue of $738.82 million during the quarter.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 17th were issued a dividend of $1.39 per share. This represents a $5.56 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend was Wednesday, October 16th.

Institutional investors have recently made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Graham in the 3rd quarter valued at about $31,000. Certified Advisory Corp acquired a new stake in Graham in the 2nd quarter valued at about $48,000. Point72 Hong Kong Ltd acquired a new stake in Graham in the 2nd quarter valued at about $70,000. Tower Research Capital LLC TRC acquired a new stake in Graham in the 2nd quarter valued at about $70,000. Finally, Signaturefd LLC raised its position in Graham by 71.9% in the 2nd quarter. Signaturefd LLC now owns 110 shares of the company’s stock valued at $76,000 after purchasing an additional 46 shares in the last quarter. Institutional investors own 70.02% of the company’s stock.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides test preparation services and materials, as well as data science education, and training and healthcare simulation services; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to Purdue University Global.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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