Koppers Holdings Inc. (NYSE:KOP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Koppers Holdings Inc. (NYSE:KOP) have received a consensus rating of “Moderate Buy” from the five research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $52.50.

Several equities analysts have weighed in on KOP shares. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Wall Street Zen upgraded shares of Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Barrington Research reiterated an “outperform” rating and issued a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. Finally, Zacks Research upgraded shares of Koppers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th.

Insider Buying and Selling at Koppers

In other Koppers news, CEO M Leroy Ball sold 2,659 shares of the firm’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 transaction, the chief executive officer directly owned 444,096 shares in the company, valued at $18,896,284.80. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 7.28% of the company’s stock.

Institutional Investors Weigh In On Koppers

A number of hedge funds have recently bought and sold shares of KOP. Bank of America Corp DE boosted its position in shares of Koppers by 27.0% in the first quarter. Bank of America Corp DE now owns 128,948 shares of the specialty chemicals company’s stock valued at $4,988,000 after acquiring an additional 27,433 shares during the period. Empowered Funds LLC raised its stake in Koppers by 8.3% during the 1st quarter. Empowered Funds LLC now owns 96,573 shares of the specialty chemicals company’s stock valued at $3,735,000 after purchasing an additional 7,398 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in Koppers during the 1st quarter valued at $200,000. Quantinno Capital Management LP boosted its holdings in Koppers by 25.1% in the 1st quarter. Quantinno Capital Management LP now owns 19,839 shares of the specialty chemicals company’s stock valued at $767,000 after purchasing an additional 3,978 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Koppers in the 1st quarter worth $6,269,000. 92.75% of the stock is currently owned by institutional investors.

Koppers Trading Up 2.8%

Shares of KOP stock opened at $42.69 on Thursday. The stock has a 50-day simple moving average of $39.12 and a 200 day simple moving average of $33.64. The stock has a market capitalization of $820.85 million, a P/E ratio of 11.23, a P/E/G ratio of 10.21 and a beta of 1.28. Koppers has a fifty-two week low of $25.00 and a fifty-two week high of $46.40. The company has a quick ratio of 1.11, a current ratio of 2.71 and a debt-to-equity ratio of 1.67.

Koppers (NYSE:KOP) last released its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 EPS 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 business had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. During the same period in the prior year, the business earned $0.71 earnings per share. The business’s quarterly revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. On average, sell-side analysts expect that Koppers will post 4.07 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 29th. Koppers’s dividend payout ratio (DPR) is presently 9.47%.

Koppers Company Profile

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.