Koppers Holdings Inc. (NYSE:KOP) – Research analysts at Barrington Research increased their FY2018 EPS estimates for Koppers in a research note issued to investors on Wednesday. Barrington Research analyst M. Gall now forecasts that the specialty chemicals company will earn $4.03 per share for the year, up from their previous estimate of $3.99. Barrington Research also issued estimates for Koppers’ Q1 2019 earnings at $1.02 EPS, Q2 2019 earnings at $1.16 EPS, Q3 2019 earnings at $1.21 EPS, Q4 2019 earnings at $0.96 EPS and FY2019 earnings at $4.36 EPS.
Koppers (NYSE:KOP) last posted its earnings results on Tuesday, February 27th. The specialty chemicals company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.04). The firm had revenue of $366.10 million during the quarter, compared to the consensus estimate of $308.05 million. Koppers had a net margin of 1.97% and a return on equity of 94.85%. Koppers’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 earnings per share.
Koppers (NYSE KOP) opened at $43.60 on Friday. The company has a debt-to-equity ratio of 6.29, a current ratio of 1.80 and a quick ratio of 0.96. The company has a market capitalization of $878.93, a PE ratio of 33.54 and a beta of 0.94. Koppers has a 1 year low of $33.90 and a 1 year high of $51.80.
Several institutional investors and hedge funds have recently modified their holdings of KOP. State Street Corp raised its position in shares of Koppers by 11.3% during the second quarter. State Street Corp now owns 573,048 shares of the specialty chemicals company’s stock worth $20,716,000 after acquiring an additional 58,405 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Koppers by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 16,050 shares of the specialty chemicals company’s stock worth $580,000 after acquiring an additional 474 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Koppers by 12.5% during the second quarter. Public Employees Retirement System of Ohio now owns 11,344 shares of the specialty chemicals company’s stock worth $410,000 after acquiring an additional 1,259 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Koppers by 6.2% during the third quarter. Nationwide Fund Advisors now owns 35,797 shares of the specialty chemicals company’s stock worth $1,652,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Victory Capital Management Inc. bought a new position in shares of Koppers during the third quarter worth about $195,000. Institutional investors own 89.80% of the company’s stock.
Koppers Company Profile
Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.
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