Graham Holdings (GHC) Stock Declines Amid Industry Volatility

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Oct 03, 2024
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Graham Holdings (GHC, Financial) recently experienced a stock price drop of 1.25%, reaching $795.79 per share. The stock's trading volume was 4,354 shares, with a turnover rate of 0.10% and a price fluctuation of 0.31%.

The company's latest financial report revealed a revenue of $1.185 billion, a net loss of $21.09 million, and an earnings per share (EPS) of -$4.79. The gross profit stood at $321 million, with a price-to-earnings (P/E) ratio of 26.63. Currently, there are no buy, hold, or sell recommendations from financial institutions regarding GHC.

Within the education services sector, where Graham Holdings operates, there was an overall decline of 0.30%. Some stocks in this sector, such as Mynd Ai Inc, Ambow Education, and Visionary Holdings Inc., showed significant gains. In contrast, stocks like Chegg, Inc., Jintian Health Technology, and Lizhu Education were more active, showcasing turnover rates of 2.70%, 2.61%, and 1.77% respectively. Additionally, stocks with high volatility included Tongcheng Tongmei, Quantum Song, and Jianzhijiao Education, with fluctuations of 22.91%, 18.18%, and 17.18% respectively.

Graham Holdings is a diversified conglomerate involved in education and media, operating through subsidiaries. Their business segments include education services, television broadcasting, online printing, local news, home health and hospice care, and manufacturing. The company’s major revenue streams are the Kaplan International segment, which encompasses higher education, test preparation, language instruction, and professional training, as well as advertising from the television broadcasting segment.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.