GrafTech International Ltd (NYSE: EAF): Reassessing Prospects

GrafTech International Ltd (EAF) concluded trading on Wednesday at a closing price of $1.56, with 4.46 million shares of worth about $6.96 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.12% during that period and on January 15, 2025 the price saw a gain of about 3.31%. Currently the company’s common shares owned by public are about 257.17M shares, out of which, 185.85M shares are available for trading.

Stock saw a price change of -9.83% in past 5 days and over the past one month there was a price change of -18.75%. Year-to-date (YTD), EAF shares are showing a performance of -9.83% which decreased to -8.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.52 but also hit the highest price of $2.53 during that period. The average intraday trading volume for GrafTech International Ltd shares is 1.74 million. The stock is currently trading -8.40% below its 20-day simple moving average (SMA20), while that difference is down -18.24% for SMA50 and it goes to 9.75% higher than SMA200.

GrafTech International Ltd (NYSE: EAF) currently have 257.17M outstanding shares and institutions hold larger chunk of about 65.97% of that.

The stock has a current market capitalization of $401.18M and its 3Y-monthly beta is at 1.00. It has posted earnings per share of -$1.16 in the same period. It has Quick Ratio of 1.98. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EAF, volatility over the week remained 8.76% while standing at 9.12% over the month.

Analysts are in expectations that GrafTech International Ltd (EAF) stock would likely to be making an EPS of -0.11 in the current quarter, while forecast for next quarter EPS is -0.1 and it is -0.23 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.12 which is -0.09 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.27 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 56.24% while it is estimated to increase by 10.58% in next year.

On January 16, 2024, UBS Initiated their recommendations, while on July 13, 2022, RBC Capital Mkts Downgrade their ratings for the stock with a price target of $7. Stock get a Neutral rating from Citigroup on June 07, 2022.

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