GrafTech International Ltd. [NYSE: EAF] gained 3.76% or 0.31 points to close at $8.56 with a heavy trading volume of 1133038 shares. It opened the trading session at $8.21, the shares rose to $8.79 and dropped to $8.21, the range by which the price of stock traded the whole day. The daily chart for EAF points out that the company has recorded -32.22% loss over the past six months. However, it is still -53.96% lower than its most recent low trading price.
If we look at the average trading volume of 1.80M shares, EAF reached to a volume of 1133038 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about GrafTech International Ltd. [EAF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EAF shares is $8.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EAF stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for GrafTech International Ltd. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 13, 2020. While these analysts kept the previous recommendation, BMO Capital Markets dropped their target price from $16 to $14. The new note on the price target was released on December 17, 2019, representing the official price target for GrafTech International Ltd. stock. Previously, the target price had yet another raise to $12, while Citigroup analysts kept a Neutral rating on EAF stock.
The Average True Range (ATR) for GrafTech International Ltd. is set at 0.54, with the Price to Sales ratio for EAF stock in the period of the last 12 months amounting to 1.41. Price to Free Cash Flow for EAF in the course of the last twelve months was 3.28 with Quick ratio for the last quarter at 1.70.
Trading performance analysis for EAF stock
GrafTech International Ltd. [EAF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.08. With this latest performance, EAF shares gained by 26.81% in over the last four-week period, additionally sinking by -32.22% over the last 6 months – not to mention a drop of -18.48% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EAF stock in for the last two-week period is set at 60.85, with the RSI for the last a single of trading hit 65.12, and the three-weeks RSI is set at 57.63 for GrafTech International Ltd. [EAF]. The present Moving Average for the last 50 days of trading for this stock 7.45, while it was recorded at 8.54 for the last single week of trading, and 10.44 for the last 200 days.
GrafTech International Ltd. [EAF]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and GrafTech International Ltd. [EAF] shares currently have an operating margin of +53.88 and a Gross Margin at +57.59. GrafTech International Ltd.’s Net Margin is presently recorded at +41.58.
Return on Total Capital for EAF is now 87.34, given the latest momentum, and Return on Invested Capital for the company is 70.96. Additionally, EAF Total Debt to Total Capital is recorded at 161.17, with Total Debt to Total Assets ending up at 119.31.
Reflecting on the efficiency of the workforce at the company, GrafTech International Ltd. [EAF] managed to generate an average of $553,196 per employee. Receivables Turnover for the company is 6.78 with a Total Asset Turnover recorded at a value of 1.18.GrafTech International Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 3.20.
GrafTech International Ltd. [EAF]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, GrafTech International Ltd. posted 0.68/share EPS, while the average EPS was predicted by analysts to be reported at 0.74/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EAF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GrafTech International Ltd. go to -4.14%.
An analysis of insider ownership at GrafTech International Ltd. [EAF]
There are presently around $2,188 million, or 99.70% of EAF stock, in the hands of institutional investors. The top three institutional holders of EAF stocks are: BROOKFIELD ASSET MANAGEMENT INC. with ownership of 199,216,541, which is approximately 0% of the company’s market cap and around 0.02% of the total institutional ownership; RIVER ROAD ASSET MANAGEMENT, LLC, holding 9,479,245 shares of the stock with an approximate value of $78.2 million in EAF stocks shares; and VANGUARD GROUP INC, currently with $49.16 million in EAF stock with ownership of nearly -3.676% of the company’s market capitalization.
Positions in GrafTech International Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 113 institutional holders increased their position in GrafTech International Ltd. [NYSE:EAF] by around 20,600,224 shares. Additionally, 135 investors decreased positions by around 30,384,092 shares, while 13 investors held positions by with 214,230,861 shares. The mentioned changes placed institutional holdings at 265,215,177 shares, according to the latest SEC report filing. EAF stock had 44 new institutional investments in for a total of 3,332,307 shares, while 68 institutional investors sold positions of 16,780,192 shares during the same period.