GrafTech International (NYSE:EAF – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($1.21) EPS for the quarter, topping analysts’ consensus estimates of ($1.38) by $0.17, FiscalAI reports. The company had revenue of $140.16 million for the quarter, compared to analyst estimates of $126.73 million.
GrafTech International Price Performance
NYSE:EAF traded up $1.42 during mid-day trading on Friday, reaching $8.87. The stock had a trading volume of 243,911 shares, compared to its average volume of 381,654. GrafTech International has a 12 month low of $4.92 and a 12 month high of $19.72. The stock has a 50-day simple moving average of $7.84 and a two-hundred day simple moving average of $7.89. The stock has a market capitalization of $231.47 million, a PE ratio of -1.30 and a beta of 1.85.
Analyst Upgrades and Downgrades
Several research firms have commented on EAF. Zacks Research upgraded GrafTech International from a “strong sell” rating to a “hold” rating in a research note on Monday, September 14th. Wall Street Zen lowered GrafTech International from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Royal Bank Of Canada raised their target price on shares of GrafTech International from $7.00 to $8.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 15th. Finally, Weiss Ratings raised GrafTech International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, September 24th. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, GrafTech International has a consensus rating of “Reduce” and an average price target of $10.00.
Read Our Latest Analysis on EAF
More GrafTech International News
Here are the key news stories impacting GrafTech International this week:
- Positive Sentiment: GrafTech reported third-quarter revenue of approximately $140.2 million, above analysts’ consensus estimate of $126.7 million. Its adjusted loss of $1.21 per share also beat the expected loss of $1.38 to $1.46 per share. GrafTech International Q3 Loss Beats Revenue Estimates
- Positive Sentiment: Management expects higher realized pricing in the fourth quarter and in 2027, potentially improving profitability if demand and pricing trends hold. GrafTech also reaffirmed its full-year volume and cost expectations. GrafTech Reports Third-Quarter Loss
- Positive Sentiment: The planned closure of the Monterrey, Mexico facility is expected to produce $20 million to $25 million in annual cash cost savings, with the full benefit anticipated by 2028. GrafTech Reports Third Quarter 2026 Results
- Neutral Sentiment: Analysts cited in a separate report have an average price target of $10.00, suggesting potential upside from recent trading levels, although targets are not guarantees. GrafTech Average Analyst Price Target
- Negative Sentiment: Sales declined 3% year over year to $140.2 million, while sales volume was flat at 28.8 thousand metric tons. Net loss widened to $46.8 million, or $1.76 per diluted share, from $28.5 million a year earlier. Operating cash flow was negative $8.4 million. GrafTech Reports Sales Fall and Loss
GrafTech International Company Profile
GrafTech International Ltd. (NYSE:EAF) manufactures graphite electrodes and related carbon-based products used primarily in electric arc furnace steelmaking. Its graphite electrodes conduct electricity at extremely high temperatures, enabling steel producers to melt scrap steel and other metallic inputs. The company also produces petroleum needle coke, a specialty carbon material used in the manufacture of graphite electrodes.
GrafTech serves steel producers and industrial customers worldwide, supplying products through manufacturing and distribution operations in North America, Europe and other international markets.
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