Within its last year performance, EAF fell by -40.62%, with highs and lows ranging from $6.74 to $2.20, whereas the simple moving average fell by -42.59% 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)
EAF currently pays a dividend of $0.02 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -47.67%, showing a negative trend in the upcoming months.
In order to gain a clear picture of GrafTech International Ltd.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 4.46% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.98, 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.
An average volume of 1.73M can be a very valuable indicator of volatility for EAF stock. On a monthly basis, the volatility of the stock is set at 6.26%, whereas on a weekly basis, it is put at 4.76%, with a gain of 4.17% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.50, showing growth from the present price of $2.50, 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?
The USA based company GrafTech International Ltd. (EAF) is one of the biggest names in Electrical Equipment & Parts. 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 51.33, there is a growth in quarterly earnings of -124.19%.
In addition to the fundamentals, you should also consider 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 25.09%. 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 69.81% 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 decreased by -4.71% in the first quarter. The company now owns 31,424,391 shares of the stock, with a value of $108.41 million, following the sale of -1,552,071 additional shares during the last quarter. Grantham, Mayo, Van Otterloo & Co made another increased to its shares in EAF during the first quarter, upping its stake by 12.87%. During the last quarter, the company dropped down 2,618,477 additional shares for a total stake of worth $79.25 million, bringing number of shares owned by the company to 22,971,588.
During the first quarter, The Vanguard Group, Inc. subtracted a -3,437,971 position in EAF. BlackRock Fund Advisors sold an additional 48749.0 shares in the last quarter, decreasing its holdings by -0.41%, now holding 11.95 million shares worth $41.23 million. At the end of the first quarter, Yacktman Asset Management LP increased its EAF holdings by 0.93% and now holds 9.34 million EAF shares valued at $32.23 million with the added 85681.0 shares during the period. EAF shares are owned by institutional investors to the tune of 69.81% at present.