Graham (GHC) Projected to Post Quarterly Earnings on Friday

Graham (NYSE:GHC) is anticipated to release its earnings data before the market opens on Friday, February 21st. Analysts expect Graham to post earnings of $18.94 per share and revenue of $1.27 billion for the quarter.

Graham Price Performance

Shares of Graham stock opened at $963.22 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.57 and a quick ratio of 1.34. The business’s 50 day simple moving average is $904.99 and its two-hundred day simple moving average is $851.20. The stock has a market capitalization of $4.17 billion, a P/E ratio of 18.86 and a beta of 1.13. Graham has a one year low of $683.00 and a one year high of $974.00.

Graham Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, February 3rd will be paid a $1.80 dividend. This is a boost from Graham’s previous quarterly dividend of $1.72. This represents a $7.20 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Monday, February 3rd. Graham’s payout ratio is 14.10%.

Insider Activity

In other news, CAO Marcel A. Snyman sold 159 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $881.30, for a total transaction of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares of the company’s stock, valued at approximately $389,534.60. The trade was a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 20.50% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Graham from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.