GrafTech International (NYSE:EAF) issued its quarterly earnings results on Thursday. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.04), Fidelity Earnings reports. The firm had revenue of $420.80 million for the quarter, compared to analysts’ expectations of $441.85 million. GrafTech International had a negative return on equity of 88.91% and a net margin of 42.35%. The business’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.67 earnings per share.

GrafTech International stock opened at $12.95 on Friday. GrafTech International has a 1 year low of $9.60 and a 1 year high of $17.00. The firm has a 50 day moving average price of $12.28 and a 200 day moving average price of $11.65. The company has a market cap of $3.81 billion, a price-to-earnings ratio of 4.51 and a beta of 1.71.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.63%. GrafTech International’s dividend payout ratio (DPR) is presently 11.85%.

A number of equities research analysts have recently commented on the stock. Citigroup upgraded shares of GrafTech International from a “sell” rating to a “neutral” rating and set a $12.00 price target for the company in a report on Thursday, July 25th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of GrafTech International from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, ValuEngine upgraded shares of GrafTech International from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

About GrafTech International

GrafTech International Ltd. researches, develops, manufactures, and sells graphite and carbon based products worldwide. It offers graphite electrodes, which requires for the production of electric arc furnace steel, ferrous, and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes.

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Earnings History for GrafTech International (NYSE:EAF)

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