A share of GrafTech International Ltd. (NYSE:EAF) closed at $5.19 per share on Wednesday, down from $5.29 day before. While GrafTech International Ltd. has underperformed by -1.89%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EAF fell by -32.86%, with highs and lows ranging from $7.86 to $3.75, whereas the simple moving average jumped by 4.12% in the last 200 days.
On July 13, 2022, RBC Capital Mkts Downgraded GrafTech International Ltd. (NYSE: EAF) to Sector Perform.
Analysis of GrafTech International Ltd. (EAF)
It’s important to note that EAF shareholders are currently getting $0.04 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -62.10%, showing a negative trend in the upcoming months.
GrafTech International Ltd.’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 88.60% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and EAF is registering an average volume of 1.46M. On a monthly basis, the volatility of the stock is set at 4.14%, whereas on a weekly basis, it is put at 3.01%, with a gain of 2.37% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.61, showing growth from the present price of $5.19, which can serve as yet another indication of whether EAF is worth investing in or should be passed over.
How Do You Analyze GrafTech International Ltd. Shares?
A giant in the Electrical Equipment & Parts market, GrafTech International Ltd. (EAF) is based in the USA. When comparing GrafTech International Ltd. shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.32, there is a growth in quarterly earnings of -106.10%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.16%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in EAF shares?
The recent increase in stakes in EAF appears to be a result of several institutional investors and hedge funds increasing their positions. Fidelity Management & Research Co’s position in EAF has increased by 8.25% in the first quarter. The company now owns 33,747,732 shares of the stock, with a value of $170.09 million, following the purchase of 2,571,540 additional shares during the last quarter. The Vanguard Group, Inc. made another decreased to its shares in EAF during the first quarter, downing its stake by -0.67%. During the last quarter, the company picked up -158,666 additional shares for a total stake of worth $118.68 million, bringing number of shares owned by the company to 23,547,025.
During the first quarter, Grantham, Mayo, Van Otterloo & Co added a 3,297,984 position in EAF. BlackRock Fund Advisors sold an additional -0.21 million shares in the last quarter, decreasing its holdings by -1.85%, now holding 11.3 million shares worth $56.95 million. At the end of the first quarter, Yacktman Asset Management LP increased its EAF holdings by 5.41% and now holds 8.53 million EAF shares valued at $43.01 million with the added 0.44 million shares during the period. EAF shares are owned by institutional investors to the tune of 96.90% at present.