4 Reasons to Go Long On GrafTech International Ltd. [EAF]

Over the past three months, GrafTech International Ltd. [EAF] ended the trading day at $8.50 and exhibited a change of 5.46% with a 24 hour trading and reached upto the volume of 1.49M compared to its recorded trading volume of 1.12 million. EAF generated a 1 year amount change with -43.56%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 3.73% with an amount shift of 19.41% over the last month.

On 3, November 2020, GrafTech International Ltd. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / November 3, 2020 / GrafTech International Ltd. (NYSE:EAF) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 3, 2020 at 10:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for GrafTech International Ltd. [NYSE:EAF] stock was on December 17, 2019, when it was Downgrade with a Market perform rating from BMO Capital Markets, which also lowered its 12-month price target on the stock from $16 to $14. On July 25, 2019, Citigroup Upgrade a Neutral rating and boosted its price target on this stock to $12. On April 22, 2019, Citigroup Downgrade a Sell rating. On May 14, 2018, RBC Capital Mkts Initiated an Outperform rating and increased its price target to $23. On May 14, 2018, JP Morgan Initiated an Overweight rating and boosted its amount on this stock to $29. On May 14, 2018, Credit Suisse Initiated an Outperform rating and boosted its target amount on this stock to $24.

In the past 52 weeks of trading, this stock has oscillated between a low of $5.56 and a peak of $14.55. Right now, according to Wall Street analyst the average 12-month amount target is $9.10. At the most recent market close, shares of GrafTech International Ltd. [NYSE:EAF] were valued at $8.50. According to the average price forecast, investors can expect a potential return of 1.11%.

FUNDAMENTAL ANALYSIS

GrafTech International Ltd. [NYSE:EAF] most recently reported quarterly sales of 286.99 billion, which represented growth of -31.80%. This publicly-traded organization’s revenue is $1,330,455 per employee, while its income is $553,196 per employee. This company’s Gross Margin is currently 55.40%, its Operating Margin is 49.70%, its Pretax Margin is +47.06, and its Net Margin is +41.58.

The Principal structure of this organization shows its whole liability to whole principal at 161.17 and the whole liability to whole assets at 119.31. It shows enduring liability to the whole principal at 160.76 and enduring liability to assets at 1.19 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 7.91 points at 1st support level, the second support level is making up to 7.75. But as of 1st resistance point, this stock is sitting at 8.29 and at 8.51 for 2nd resistance point.

GrafTech International Ltd. [EAF] reported its earnings at $0.35 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.35/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.35 calling estimates for $0.22/share with the difference of 0.13 depicting the surprise of 59.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for GrafTech International Ltd. [NYSE:EAF] is 3.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.37. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.88 and showing 4.56 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by BCP GP Ltd, Director, and it was the sale of 0.28 million shares on Nov 27. BCP GP Ltd, the Director, completed a sale of 0.28 million shares on Nov 27. On Nov 25, BCP GP Ltd, Director, completed a sale of 0.37 million shares.