In yesterday’s Wall Street session, GrafTech International Ltd. (NYSE:EAF) shares traded at $4.05, down -22.56% from the previous session.
4 analysts cover GrafTech International Ltd. (NYSE:EAF), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $5.00 and a low of $4.50, we find $5.00. Given the previous closing price of $5.23, this indicates a potential downside of -4.4 percent. EAF stock price is now -15.78% away from the 50-day moving average and -18.88% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.
The stock has received a hold rating from 4 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $4.83 as their price target over the next twelve months.
With the price target reduced from $10 to $7, RBC Capital Mkts Downgraded its rating from Outperform to Sector Perform for GrafTech International Ltd. (NYSE: EAF).
Insiders disposed of 10,141 shares of company stock worth roughly $41071.049999999996 over the past 1 year. A total of 0.16% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EAF stock. A new stake in GrafTech International Ltd. shares was purchased by MACQUARIE GROUP LTD during the first quarter worth $3,601,000. CLARK ESTATES INC/NY invested $2,193,000 in shares of EAF during the first quarter. In the first quarter, EA SERIES TRUST acquired a new stake in GrafTech International Ltd. valued at approximately $1,948,000. EMPOWERED FUNDS, LLC acquired a new stake in EAF for approximately $1,948,000. CERITY PARTNERS LLC purchased a new stake in EAF valued at around $1,867,000 in the second quarter. In total, there are 276 active investors with 96.90% ownership of the company’s stock.
On Friday morning GrafTech International Ltd. (NYSE: EAF) stock kicked off with the opening price of $4.8800. During the past 12 months, GrafTech International Ltd. has had a low of $3.75 and a high of $7.86. As of last week, the company has a debt-to-equity ratio of 2.79, a current ratio of 3.80, and a quick ratio of 1.50. The fifty day moving average price for EAF is $4.7972 and a two-hundred day moving average price translates $4.9893 for the stock.
The latest earnings results from GrafTech International Ltd. (NYSE: EAF) was released for Jun, 2023. According to the Electrical Equipment & Parts Company, earnings per share came in at -$0.02, inline with analysts’ expectations of -$0.02. This compares to $0.47 EPS in the same period last year. The net profit margin was 36.30% and return on equity was 135.00% for EAF. The company reported revenue of $138.8 million for the quarter, compared to $366.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -62.1 percent. For the current quarter, analysts expect EAF to generate $177.33M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/30/2023. Investors who held shares on 05/31/2023 were paid a $0.01 dividend. On an annualized basis, this represents a $0.04 dividend and a 0.99% percent yield. There was an ex-dividend date of 05/30/2023 for this dividend. In terms of dividend payout ratio, EAF is presently at 2.70%.
