GrafTech International Ltd (NYSE:EAF) Has Recovered -21.24 Percent This Year, But Further Gains Of -46.08% Are Not Out Of The Question.

In last trading session, GrafTech International Ltd (NYSE:EAF) saw 3.62 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $2.04 trading at $0.27 or 15.25% at ring of the bell on the day assigns it a market valuation of $524.63M. That closing price of EAF’s stock is at a discount of -46.08% from its 52-week high price of $2.98 and is indicating a premium of 74.51% from its 52-week low price of $0.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.53 million shares which gives us an average trading volume of 2.27 million if we extend that period to 3-months.

For GrafTech International Ltd (EAF), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.50. Splitting up the data highlights that, out of 3 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.

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GrafTech International Ltd (NYSE:EAF) trade information

Upright in the green during last session for gaining 15.25%, in the last five days EAF remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $2.04 price level, adding 6.42% to its value on the day. GrafTech International Ltd’s shares saw a change of -6.85% in year-to-date performance and have moved 11.48% in past 5-day. GrafTech International Ltd (NYSE:EAF) showed a performance of 19.30% in past 30-days. Number of shares sold short was 16.53 million shares which calculate 5.62 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 66.0% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would jump 50.98% in reaching the projected high whereas dropping to the targeted low would mean a gain of 50.98% for stock’s current value.

GrafTech International Ltd (EAF) estimates and forecasts

Statistics highlight that GrafTech International Ltd is scoring comparatively lower than the scores of other players of the relevant industry. The company added 17.92% of value to its shares in past 6 months, showing an annual growth rate of -10.26% while that of industry is 13.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -14.30% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 128.63M for the same. And 3 analysts are in estimates of company making revenue of 129.85M in the next quarter. Company posted 158.99M and 137.15M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 59.42% while estimates for its earnings growth in next 5 years are of -5.87%.

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

Insiders are in possession of 26.77% of company’s total shares while institution are holding 70.22 percent of that, with stock having share float percentage of 95.89%. Investors also watch the number of corporate investors in a company very closely, which is 70.22% institutions for GrafTech International Ltd that are currently holding shares of the company. FMR LLC is the top institutional holder at EAF for having 38.4 million shares of worth $37.25 million. And as of 2024-06-30, it was holding 14.9192 of the company’s outstanding shares.

The second largest institutional holder is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, which was holding about 22.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8473 of outstanding shares, having a total worth of $22.09 million.