Graham (NYSE:GHC – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $18.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $18.36 by $0.41, FiscalAI reports. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Graham had a net margin of 10.69% and a return on equity of 5.73%.
Graham Stock Down 1.0%
Shares of NYSE:GHC traded down $11.38 during midday trading on Thursday, hitting $1,158.71. 28,507 shares of the company’s stock traded hands, compared to its average volume of 22,740. The firm’s fifty day moving average price is $1,161.82 and its two-hundred day moving average price is $1,136.72. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.59 and a current ratio of 1.86. Graham has a twelve month low of $990.09 and a twelve month high of $1,262.34. The company has a market cap of $4.91 billion, a PE ratio of 9.34 and a beta of 0.70.
Graham Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be issued a dividend of $1.88 per share. The ex-dividend date is Thursday, October 15th. This represents a $7.52 annualized dividend and a dividend yield of 0.6%. Graham’s payout ratio is presently 6.06%.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on GHC shares. Weiss Ratings upgraded Graham from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, September 25th. Wall Street Zen upgraded Graham from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.
Check Out Our Latest Stock Analysis on GHC
Graham Company Profile
Graham Holdings Company is a diversified American holding company formerly known as The Washington Post Company. The company changed its name in 2013 after the sale of the newspaper publishing business to Jeff Bezos. Today, Graham Holdings operates a portfolio of businesses across education, media, healthcare, automotive, manufacturing and other industries.
Its largest business is Kaplan, a provider of educational services, professional training and test preparation. Graham Holdings also owns Graham Media Group, which operates local television stations in several U.S.
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