GrafTech International Ltd. (NYSE:EAF) has a beta value of 0 and has seen 4,349,658 shares traded in the last trading session. The company, currently valued at $3.56 Billion, closed the last trade at $13.33 per share which meant it gained $0.61 on the day or 4.8% during that session. The EAF stock price is -1.28% off its 52-week high price of $13.5 and 58.29% above the 52-week low of $5.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.04 Million shares traded. The 3-month trading volume is 3.11 Million shares.
The consensus among analysts is that GrafTech International Ltd. (EAF) is an Overweight stock at the moment, with a recommendation rating of 2.2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.37.
GrafTech International Ltd. (NYSE:EAF) trade information
Sporting 4.8% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, May 03 when the EAF stock price touched $13.50- or saw a rise of 1.26%. Year-to-date, GrafTech International Ltd. shares have moved 25.05%, while the 5-day performance has seen it change 7.33%. Over the past 30 days, the shares of GrafTech International Ltd. (NYSE:EAF) have changed 6.55%. Short interest in the company has seen 6.11 Million shares shorted with days to cover at 1.96.
Wall Street analysts have a consensus price target for the stock at $14, which means that the shares’ value could jump 5.03% from current levels. The projected low price target is $12 while the price target rests at a high of $15. In that case, then, we find that the current price level is +12.53% off the targeted high while a plunge would see the stock lose -9.98% from current levels.
GrafTech International Ltd. (EAF) estimates and forecasts
Figures show that GrafTech International Ltd. shares have underperformed across the wider relevant industry. The company’s shares have gained +96.9% over the past 6 months, with this year growth rate of 5.56%, compared to 14.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -17.8% and 17.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be +6.6%.
2 analysts offering their estimates for the company have set an average revenue estimate of $307.82 Million for the current quarter. 2 have an estimated revenue figure of $322.6 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $318.65 Million and $280.72 Million respectively for this quarter and the next, and analysts expect sales will grow by -3.4% for the current quarter and 14.9% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +41.9% over the past 5 years. Earnings growth for 2021 is a modest -37.1% while over the next 5 years, the company’s earnings are expected to increase by -5.87%.
GrafTech International Ltd. is expected to release its next earnings report between May 05 and May 05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.04 at a share yield of 0.31%.
GrafTech International Ltd. (NYSE:EAF)’s Major holders
Insiders own 0.03% of the company shares, while shares held by institutions stand at 77.44% with a share float percentage of 77.46%. Investors are also buoyed by the number of investors in a company, with GrafTech International Ltd. having a total of 306 institutions that hold shares in the company. The top two institutional holders are Brookfield Asset Management Inc. with over 147.74 Million shares worth more than $1.57 Billion. As of December 30, 2020, Brookfield Asset Management Inc. held 55.29% of shares outstanding.
The other major institutional holder is Vanguard Group Inc. (The), with the holding of over 10.01 Million shares as of December 30, 2020. The firm’s total holdings are worth over $106.72 Million and represent 3.75% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of December 30, 2020, the former fund manager holds about 1.27% shares in the company for having 3400640 shares of worth $36.25 Million while later fund manager owns 2.92 Million shares of worth $31.13 Million as of December 30, 2020, which makes it owner of about 1.09% of company’s outstanding stock.