Koppers Holdings Inc. (NYSE:KOP) Given Average Rating of “Moderate Buy” by Analysts

Koppers Holdings Inc. (NYSE:KOP) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $52.50.

KOP has been the subject of several recent research reports. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Barrington Research reissued an “outperform” rating and issued a $55.00 price objective on shares of Koppers in a report on Monday, May 4th. Zacks Research raised Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Singular Research raised Koppers to a “strong-buy” rating in a report on Friday, May 15th. Finally, Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th.

Koppers Stock Up 2.3%

Shares of Koppers stock opened at $39.20 on Thursday. The stock’s 50-day moving average is $38.80 and its 200 day moving average is $33.19. Koppers has a one year low of $25.00 and a one year high of $46.40. The firm has a market cap of $753.72 million, a price-to-earnings ratio of 10.31, a PEG ratio of 9.58 and a beta of 1.28. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.13. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The firm had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. The business’s quarterly revenue was down .3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Equities research analysts anticipate that Koppers will post 4 EPS for the current year.

Koppers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. Koppers’s payout ratio is presently 9.47%.

Insiders Place Their Bets

In other news, CEO M Leroy Ball sold 2,659 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $42.55, for a total transaction of $113,140.45. Following the completion of the transaction, the chief executive officer owned 444,096 shares of the company’s stock, valued at approximately $18,896,284.80. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.28% of the stock is owned by insiders.

Institutional Trading of Koppers

Several hedge funds and other institutional investors have recently bought and sold shares of KOP. Tower Research Capital LLC TRC raised its holdings in shares of Koppers by 258.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after acquiring an additional 1,391 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Koppers by 95.6% during the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock valued at $68,000 after acquiring an additional 1,041 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Koppers by 23.5% during the second quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock valued at $104,000 after acquiring an additional 615 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Koppers during the fourth quarter valued at approximately $114,000. Finally, Quadrant Capital Group LLC bought a new position in shares of Koppers during the third quarter valued at approximately $160,000. Institutional investors own 92.75% of the company’s stock.

About Koppers

Koppers Company, Inc is a global specialty chemicals and materials manufacturer serving diverse industrial markets. The company operates through two primary segments: Carbon Materials & Chemicals, which produces a range of coal tar–based products, phenolic specialties and carbon compounds; and Railroad Products & Services, which offers wood treating and infrastructure services for rail and utility customers.

In its Carbon Materials & Chemicals segment, Koppers supplies coal tar pitch, refined creosote, coal tar?based distillates and phenolic resins used in aluminum smelting, graphite electrode manufacture, carbon fiber production, and water treatment applications.