Graham (NYSE:GHC) Announces Earnings Results

Graham (NYSE:GHC) released its quarterly earnings data on Wednesday. The company reported $11.24 earnings per share (EPS) for the quarter, Zacks reports. Graham had a return on equity of 5.39% and a net margin of 6.12%. The firm had revenue of $1.15 billion during the quarter.

Graham Price Performance

NYSE:GHC traded up $6.87 during mid-day trading on Friday, hitting $732.68. 11,737 shares of the company’s stock traded hands, compared to its average volume of 13,781. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.26 and a current ratio of 1.57. The company has a market cap of $3.27 billion, a PE ratio of 12.13 and a beta of 1.11. The firm’s 50 day simple moving average is $725.83 and its 200 day simple moving average is $685.52. Graham has a 1 year low of $551.36 and a 1 year high of $771.05.

Graham Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be given a $1.72 dividend. The ex-dividend date of this dividend is Wednesday, April 17th. This represents a $6.88 annualized dividend and a dividend yield of 0.94%. Graham’s dividend payout ratio is presently 11.41%.

Insider Buying and Selling at Graham

In other news, Director Katharine Weymouth sold 556 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $712.99, for a total transaction of $396,422.44. Following the completion of the transaction, the director now directly owns 1,993 shares of the company’s stock, valued at approximately $1,420,989.07. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 20.50% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Graham from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th.

Graham Company Profile

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.