Now Is A Good Time To Buy GrafTech International Ltd. (NYSE: EAF)

During the recent session, GrafTech International Ltd. (NYSE:EAF)’s traded shares were 1.15 million, with the beta value of the company hitting 0.93. At the last check today, the stock’s price was $0.96, reflecting an intraday loss of -3.83% or -$0.04. The 52-week high for the EAF share is $5.32, that puts it down -454.17 from that peak though still a striking 9.37% gain since the share price plummeted to a 52-week low of $0.87. The company’s market capitalization is $247.04M, and the average trade volume was 3.28 million shares over the past three months.

GrafTech International Ltd. (EAF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.40. EAF has a Sell rating from 1 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

GrafTech International Ltd. (NYSE:EAF) trade information

GrafTech International Ltd. (EAF) registered a -3.83% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.83% in intraday trading to $0.96, hitting a weekly high. The stock’s 5-day price performance is -14.99%, and it has moved by -5.82% in 30 days. Based on these gigs, the overall price performance for the year is -80.40%.

The extremes of the forecast give a target low and a target high price of $4.93 and $13 respectively. As a result, EAF is trading at a discount of -1254.17% off the target high and -413.54% off the low.

GrafTech International Ltd. (EAF) estimates and forecasts

Statistics show that GrafTech International Ltd. has underperformed its competitors in share price, compared to the industry in which it operates. GrafTech International Ltd. (EAF) shares have gone down -38.42% during the last six months, with a year-to-date growth rate less than the industry average at -10.26% against 15.40. In the rating firms’ projections, revenue will decrease -15.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 126.32M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 131.96M by the end of current fiscal year.

While earnings are projected to return 58.19% in 2024, the next five years will return -5.87% per annum.

EAF Dividends

GrafTech International Ltd. is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

GrafTech International Ltd. (NYSE:EAF)’s Major holders

GrafTech International Ltd. insiders own 18.52% of total outstanding shares while institutional holders control 76.44%, with the float percentage being 93.81%. FMR, LLC is the largest shareholder of the company, while 216 institutions own stock in it. As of Mar 31, 2024, the company held over 38.5 shares (or 14.97% of all shares), a total value of $36.89 million in shares.

The next largest institutional holding, with 22.77 shares, is of Grantham, Mayo, Van Otterloo & Co. LLC ‘s that is approximately 8.86% of outstanding shares. At the market price on Mar 31, 2024, these shares were valued at $21.82 million.

Also, the Mutual Funds coming in first place with the largest holdings of GrafTech International Ltd. (EAF) shares are Fidelity Low-Priced Stock Fund and AMG Yacktman Fd. Data provided on Apr 30, 2024 indicates that Fidelity Low-Priced Stock Fund owns about 17.99 shares. This amounts to just over 7.00 percent of the company’s overall shares, with a $17.24 million market value. The same data shows that the other fund manager holds slightly less at 8.0, or about 3.11% of the stock, which is worth about $7.67 million.