GrafTech International (EAF) Set to Announce Earnings on Tuesday

GrafTech International (NYSE:EAF - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

GrafTech International Stock Down 3.3 %

EAF stock traded down $0.06 during trading on Tuesday, reaching $1.77. 955,796 shares of the stock were exchanged, compared to its average volume of 3,120,192. The firm's 50 day moving average is $1.29 and its 200 day moving average is $1.24. The firm has a market cap of $455.19 million, a P/E ratio of -1.58 and a beta of 0.94. The company has a current ratio of 4.22, a quick ratio of 2.01 and a debt-to-equity ratio of 57.38. GrafTech International has a twelve month low of $0.52 and a twelve month high of $2.98.

Wall Street Analyst Weigh In

Several research firms recently issued reports 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 lowered their target price on shares of GrafTech International from $1.20 to $1.00 and set a "market perform" rating on the stock in a report on Monday, July 29th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $1.75.

About GrafTech International

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.