After finishing at $1.72 in the prior trading day, GrafTech International Ltd. (NYSE: EAF) closed at $1.77, up 2.91%. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 3864371 shares were traded.
Ratios:
Our goal is to gain a better understanding of EAF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 11.89 whereas as Long-Term Debt/Eq ratio is at 11.86.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $2.
On July 13, 2022, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $10 to $7.
Citigroup Downgraded its Buy to Neutral on June 07, 2022, whereas the target price for the stock was revised from $13 to $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’24 when BCP GP Ltd sold 3,922,786 shares for $2.20 per share. The transaction valued at 8,630,129 led to the insider holds 23,352,826 shares of the business.
BCP GP Ltd sold 3,922,786 shares of EAF for $8,630,129 on Jan 02 ’24. The Former 10% Owner now owns 23,352,826 shares after completing the transaction at $2.20 per share. On Jan 02 ’24, another insider, BCP GP Ltd, who serves as the Former 10% Owner of the company, sold 3,922,786 shares for $2.20 each. As a result, the insider received 8,630,129 and left with 23,352,826 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EAF now has a Market Capitalization of 441.75M and an Enterprise Value of 1.19B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 5.81. Its current Enterprise Value per Revenue stands at 1.92 whereas that against EBITDA is -7.50.
Stock Price History:
Over the past 52 weeks, EAF has reached a high of $5.78, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 1.6152, while the 200-Day Moving Average is calculated to be 3.2545.
Shares Statistics:
The stock has traded on average 4.00M shares per day over the past 3-months and 3.43M shares per day over the last 10 days, according to various share statistics. A total of 256.83M shares are outstanding, with a floating share count of 193.20M. Insiders hold about 24.78% of the company’s shares, while institutions hold 74.37% stake in the company. Shares short for EAF as of Feb 15, 2024 were 12.6M with a Short Ratio of 3.15, compared to 11.23M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.91% and a Short% of Float of 8.03%.
Dividends & Splits
In the trailing 12 months, EAF’s forward annual dividend rate was 0.02, compared to 0.01 this year. Against a Trailing Annual Dividend Yield of 1.16%, it implies a Forward Annual Dividend Yield of 2.26%. The stock’s 5-year Average Dividend Yield is 1.54. The current Payout Ratio is 2.70% for EAF, which recently paid a dividend on Jun 30, 2023 with an ex-dividend date of May 30, 2023. Stock splits for the company last occurred on Jun 30, 2010 when the company split stock in a 100:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.14, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.09 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.31 and -$0.48 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is $0.01, with 2 analysts recommending between $0.2 and -$0.18.
Revenue Estimates
4 analysts predict $125.69M in revenue for the current quarter. It ranges from a high estimate of $132.17M to a low estimate of $117M. As of the current estimate, GrafTech International Ltd.’s year-ago sales were $138.8M, an estimated decrease of -9.40% from the year-ago figure.
A total of 5 analysts have provided revenue estimates for EAF’s current fiscal year. The highest revenue estimate was $594M, while the lowest revenue estimate was $506M, resulting in an average revenue estimate of $540.87M. In the same quarter a year ago, actual revenue was $620.5M, down -12.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $714.88M in the next fiscal year. The high estimate is $852M and the low estimate is $557M. The average revenue growth estimate for next year is up 32.20% from the average revenue estimate for this year.
