In the last trading session, 1.84 million GrafTech International Ltd (NYSE:EAF) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $1.51 changed hands at -$0.1 or -6.21% during last session, the market valuation stood at $388.32M. EAF’s last price was a discount, traded about -67.55% off its 52-week high of $2.53. The share price had its 52-week low at $0.52, which suggests the last value was 65.56% up since then. When we look at GrafTech International Ltd’s average trading volume, we note the 10-day average is 1.11 million shares, with the 3-month average coming to 1.73 million.
Analysts gave the GrafTech International Ltd (EAF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EAF as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. GrafTech International Ltd’s EPS for the current quarter is expected to be -0.11.
GrafTech International Ltd (NYSE:EAF) trade information
Instantly EAF was in red as seen at the end of in last trading. With action -13.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.72%, with the 5-day performance at -13.71% in the red. However, in the 30-day time frame, GrafTech International Ltd (NYSE:EAF) is -21.35% down. Looking at the short shares, we see there were 15.87 million shares sold at short interest cover period of 8.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need an upside of 24.5% from its current market value. According to analyst projections, EAF’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a -32.45% plunge from its current level, while the stock would need to soar -32.45% for it to hit the projected low.
GrafTech International Ltd (EAF) estimates and forecasts
Data shows that the GrafTech International Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 27.97% over the past 6 months, a -10.26% in annual growth rate that is considerably lower than the industry average of 7.30%. Year-over-year growth is forecast to reach -13.49% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 131.99M. 2 analysts are of the opinion that GrafTech International Ltd’s revenue for the current quarter will be 133.75M. The company’s revenue for the corresponding quarters a year ago was 137.15M and 136.58M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.76%. The estimates for the next quarter sales put growth at -2.07%.
The 2025 estimates are for GrafTech International Ltd earnings to increase by 56.24%.
EAF Dividends
GrafTech International Ltd is expected to release its next quarterly earnings report in February. During the past 5 years, the average dividend yield was 1.41 per year.
GrafTech International Ltd (NYSE:EAF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 26.81% of GrafTech International Ltd shares while 66.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.63%. There are 66.34% institutions holding the GrafTech International Ltd stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 14.9192% of the shares, roughly 38.4 million EAF shares worth $37.25 million.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC holds the second largest percentage of outstanding shares, with 8.8473% or 22.77 million shares worth $22.09 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Fidelity Low-Priced Stock Fund and Vanguard Total Stock Market Index Fund . With 17.72 shares estimated at $26.76 million under it, the former controlled 6.89% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.78% of the shares, roughly 7.14 shares worth around $10.79 million.
