NYSE:EAFGrafTech International Stock Price, Forecast & News

GrafTech International's stock was trading at $6.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, EAF shares have increased by 15.3% and is now trading at $8.00. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GrafTech International in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GrafTech International.

GrafTech International is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for GrafTech International.

GrafTech International Ltd (NYSE:EAF) released its quarterly earnings results on Wednesday, May, 6th. The company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.11. The firm had revenue of $318.65 million for the quarter, compared to analysts' expectations of $353 million. GrafTech International had a negative return on equity of 99.61% and a net margin of 40.96%. The firm's revenue for the quarter was down 32.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.68 EPS. View GrafTech International's earnings history.

GrafTech International declared a quarterly dividend on Thursday, May 7th. Investors of record on Friday, May 29th will be paid a dividend of $0.01 per share on Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Thursday, May 28th. View GrafTech International's dividend history.

4 brokerages have issued 1 year price targets for GrafTech International's shares. Their forecasts range from $7.00 to $15.00. On average, they anticipate GrafTech International's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price. View analysts' price targets for GrafTech International.

News stories about EAF stock have trended negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. GrafTech International earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about GrafTech International.

GrafTech International saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,810,000 shares, a drop of 30.2% from the June 15th total of 15,490,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is currently 7.1 days. Approximately 15.9% of the company's shares are sold short. View GrafTech International's Current Options Chain.

Some companies that are related to GrafTech International include Woodward, Inc.Common Stock (WWD), Ballard Power Systems (BLDP), Plug Power (PLUG), Bloom Energy (BE), ITM Power (ITMPF), Hollysys Automation Technologies (HOLI), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA) and China Carbon Graphite Group (CHGI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other GrafTech International investors own include Ballard Power Systems (BLDP), Micron Technology (MU), Arbutus Biopharma (ABUS), Enbridge (ENB), Carnival (CCL), IBM (IBM), Altria Group (MO), NVIDIA (NVDA), AT&T (T) and Twitter (TWTR).

(EAF) raised $850 million in an IPO on Thursday, April 19th 2018. The company issued 37,800,000 shares at a price of $21.00-$24.00 per share. J.P. Morgan and Credit Suisse served as the underwriters for the IPO and Citigroup, RBC Capital Markets, HSBC, BMO Capital MarketsBNP PARIBAS, CIBC Capital Markets and National Bank Financial were co-managers.

GrafTech International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EAF."

GrafTech International's stock is owned by a number of retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.20%). Company insiders that own GrafTech International stock include Anthony R Taccone and Gp Ltd Bcp. View institutional ownership trends for GrafTech International.

EAF stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. View insider buying and selling activity for GrafTech International.

Shares of EAF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EAF stock can currently be purchased for approximately $8.00.

GrafTech International has a market capitalization of $2.14 billion and generates $1.79 billion in revenue each year. The company earns $744.60 million in net income (profit) each year or $2.58 on an earnings per share basis. GrafTech International employs 1,346 workers across the globe.

The official website for GrafTech International is www.graftech.com.

GrafTech International's mailing address is 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH, 44131. The company can be reached via phone at 216-676-2000 or via email at [email protected]m.