2 weeks Ago By Defense World Staff
GrafTech International Ltd. ( NYSE:EAF – Get Free Report ) has earned an average recommendation of “Reduce” from the five research firms that are covering the company, MarketBeat.com reports.
One research analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $1.75.
Several brokerages recently weighed in on EAF. JPMorgan Chase & Co. downgraded shares of GrafTech International from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 16th.
BMO Capital Markets decreased their price objective on GrafTech International from $1.20 to $1.00 and set a “market perform” rating for the company in a report on Monday, July 29th.
Get Our Latest Stock Report on EAF GrafTech International Stock Performance GrafTech International ( NYSE:EAF – Get Free Report ) last released its quarterly earnings data on Friday, July 26th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.
11) by $0.06. GrafTech International had a negative net margin of 50.
11% and a negative return on equity of 121.77%. The firm had revenue of $137.
33 million for the quarter, compared to analyst estimates of $122.48 million. As a group, equities research analysts predict that GrafTech International will post -0.
43 EPS for the current year. Institutional Trading of GrafTech International A number of hedge funds have recently bought and sold shares of EAF. Millennium Management LLC boosted its position in shares of GrafTech International by 287.
8% in the second quarter. Millennium Management LLC now owns 5,065,715 shares of the company’s stock worth $4,914,000 after buying an additional 3,759,449 shares during the period. William Blair Investment Management LLC grew its stake in GrafTech International by 0.
3% during the 1st quarter. William Blair Investment Management LLC now owns 4,511,025 shares of the company’s stock valued at $6,225,000 after acquiring an additional 12,648 shares in the last quarter. Foundation Resource Management Inc.
increased its holdings in shares of GrafTech International by 2.5% in the 2nd quarter. Foundation Resource Management Inc.
now owns 1,849,343 shares of the company’s stock valued at $1,794,000 after purchasing an additional 45,859 shares during the period. O Keefe Stevens Advisory Inc. increased its holdings in shares of GrafTech International by 9.
6% in the 2nd quarter. O Keefe Stevens Advisory Inc. now owns 1,808,368 shares of the company’s stock valued at $1,754,000 after purchasing an additional 157,776 shares during the period.
Finally, Invenomic Capital Management LP lifted its position in shares of GrafTech International by 89.4% in the first quarter. Invenomic Capital Management LP now owns 1,456,417 shares of the company’s stock worth $2,010,000 after purchasing an additional 687,595 shares in the last quarter.
92.83% of the stock is owned by hedge funds and other institutional investors. GrafTech International Company Profile ( Get Free Report GrafTech International Ltd.
research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. The company offers graphite electrodes to produce electric arc furnace steel and other ferrous and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes and synthetic graphite. Recommended Stories Five stocks we like better than GrafTech International Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed CarMax’s Impressive Rally: What Investors Should Watch Next 3 Small Caps With Big Return Potential MarketBeat Week in Review – 9/23 – 9/27 What is the FTSE 100 index? Wake Up to This Biotech Stock That Still Has Big Potential Upside Receive News & Ratings for GrafTech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrafTech International and related companies with MarketBeat.
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