Koppers Holdings Inc. (NYSE:KOP) – Analysts at Seaport Global Securities issued their Q3 2018 earnings per share (EPS) estimates for Koppers in a note issued to investors on Tuesday, October 16th. Seaport Global Securities analyst M. Harrison expects that the specialty chemicals company will post earnings per share of $1.11 for the quarter. Seaport Global Securities currently has a “Buy” rating and a $42.00 target price on the stock. Seaport Global Securities also issued estimates for Koppers’ Q4 2018 earnings at $0.86 EPS, FY2018 earnings at $4.09 EPS, Q1 2019 earnings at $1.33 EPS, Q2 2019 earnings at $1.37 EPS, Q3 2019 earnings at $1.47 EPS, Q4 2019 earnings at $1.15 EPS, FY2019 earnings at $5.32 EPS and FY2020 earnings at $5.94 EPS.
Koppers (NYSE:KOP) last issued its quarterly earnings data on Thursday, August 9th. The specialty chemicals company reported $0.93 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.18). The business had revenue of $436.00 million for the quarter, compared to the consensus estimate of $490.60 million. Koppers had a net margin of 1.47% and a return on equity of 79.35%. Koppers’s revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.18 EPS.
Shares of KOP opened at $29.84 on Thursday. The company has a market cap of $660.09 million, a P/E ratio of 8.36, a price-to-earnings-growth ratio of 0.42 and a beta of 0.82. The company has a debt-to-equity ratio of 9.65, a quick ratio of 1.05 and a current ratio of 2.03. Koppers has a twelve month low of $29.10 and a twelve month high of $51.80.
In related news, insider M Leroy Ball purchased 2,000 shares of the stock in a transaction on Thursday, September 6th. The shares were bought at an average price of $34.96 per share, for a total transaction of $69,920.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Albert J. Neupaver purchased 5,000 shares of the stock in a transaction on Tuesday, August 14th. The shares were bought at an average price of $35.88 per share, for a total transaction of $179,400.00. Following the acquisition, the director now owns 45,316 shares of the company’s stock, valued at $1,625,938.08. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 33,000 shares of company stock worth $1,169,050. Insiders own 8.70% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. BlackRock Inc. grew its holdings in Koppers by 8.3% during the second quarter. BlackRock Inc. now owns 3,107,537 shares of the specialty chemicals company’s stock valued at $119,174,000 after purchasing an additional 238,200 shares during the last quarter. First Trust Advisors LP grew its holdings in Koppers by 67.2% during the second quarter. First Trust Advisors LP now owns 33,362 shares of the specialty chemicals company’s stock valued at $1,279,000 after purchasing an additional 13,404 shares during the last quarter. Federated Investors Inc. PA grew its holdings in Koppers by 1,084.4% during the second quarter. Federated Investors Inc. PA now owns 148,194 shares of the specialty chemicals company’s stock valued at $5,683,000 after purchasing an additional 135,682 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in Koppers by 13.3% during the second quarter. Fuller & Thaler Asset Management Inc. now owns 1,438,597 shares of the specialty chemicals company’s stock valued at $55,170,000 after purchasing an additional 168,733 shares during the last quarter. Finally, Redwood Investments LLC grew its holdings in Koppers by 3.0% during the second quarter. Redwood Investments LLC now owns 458,921 shares of the specialty chemicals company’s stock valued at $17,600,000 after purchasing an additional 13,477 shares during the last quarter. Institutional investors own 88.45% of the company’s stock.
Koppers Company Profile
Koppers Holdings Inc, through its subsidiaries, provides treated wood products, wood treatment chemicals, and carbon compounds in the United States and internationally. The company operates through three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC).
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