GrafTech International Ltd. [EAF] stock Downgrade by RBC Capital Mkts analyst, price target now $7

GrafTech International Ltd. [NYSE: EAF] closed the trading session at $6.55 on 08/09/22. The day’s price range saw the stock hit a low of $6.335, while the highest price level was $6.66. The company report on August 5, 2022 that GrafTech Reports Second Quarter 2022 Results.


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Strong Execution in a Challenging Operating Environment Leads to Solid Results.

GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) today announced financial results for the quarter and six months ended June 30, 2022.

The stocks have a year to date performance of -44.63 percent and weekly performance of -14.60 percent. The stock has been moved at -33.43 percent over the last six months. The stock has performed -3.11 percent around the most recent 30 days and changed -20.99 percent over the most recent 3-months.

If compared to the average trading volume of 2.11M shares, EAF reached to a volume of 4223953 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $9.40 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 July 13, 2022. While these analysts kept the previous recommendation, Citigroup dropped their target price from $13 to $10. The new note on the price target was released on June 07, 2022, representing the official price target for GrafTech International Ltd. stock. Previously, the target price had yet another raise from $9 to $18, while JP Morgan kept a Overweight rating on EAF stock. On May 13, 2021, analysts increased their price target for EAF shares from 12 to 16.

The Average True Range (ATR) for GrafTech International Ltd. is set at 0.32, with the Price to Sales ratio for EAF stock in the period of the last 12 months amounting to 1.33. The Price to Book ratio for the last quarter was 12.60, with the Price to Cash per share for the same quarter was set at 0.30. Price to Free Cash Flow for EAF in the course of the last twelve months was 4.92 with Quick ratio for the last quarter at 1.40.

EAF stock trade performance evaluation

GrafTech International Ltd. [EAF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.60. With this latest performance, EAF shares dropped by -3.11% in over the last four-week period, additionally sinking by -33.43% over the last 6 months – not to mention a drop of -38.67% 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 33.23, with the RSI for the last a single of trading hit 26.65, and the three-weeks RSI is set at 36.29 for GrafTech International Ltd. [EAF]. The present Moving Average for the last 50 days of trading for this stock 7.60, while it was recorded at 7.12 for the last single week of trading, and 9.80 for the last 200 days.

GrafTech International Ltd. [EAF]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and GrafTech International Ltd. [EAF] shares currently have an operating margin of +38.44 and a Gross Margin at +48.57. GrafTech International Ltd.’s Net Margin is presently recorded at +28.86.

GrafTech International Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 2.60.

Earnings per share (EPS) analysis for GrafTech International Ltd. [EAF] stock

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 -5.87%.

GrafTech International Ltd. [EAF]: Insider Ownership positions

There are presently around $1,544 million, or 94.90% 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 63,828,253, which is approximately 0% of the company’s market cap and around 0.15% of the total institutional ownership; VANGUARD GROUP INC, holding 23,925,413 shares of the stock with an approximate value of $156.71 million in EAF stocks shares; and FMR LLC, currently with $137.43 million in EAF stock with ownership of nearly 105.383% of the company’s market capitalization.

128 institutional holders increased their position in GrafTech International Ltd. [NYSE:EAF] by around 28,421,079 shares. Additionally, 137 investors decreased positions by around 27,445,570 shares, while 32 investors held positions by with 179,889,136 shares. The mentioned changes placed institutional holdings at 235,755,785 shares, according to the latest SEC report filing. EAF stock had 33 new institutional investments in for a total of 4,228,655 shares, while 43 institutional investors sold positions of 5,818,501 shares during the same period.

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