Koppers Holdings Inc. (NYSE:KOP) Receives $52.50 Consensus PT from Analysts

Shares of Koppers Holdings Inc. (NYSE:KOP) have been given a consensus rating of “Moderate Buy” by the four brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $55.00.

KOP has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Koppers in a research note on Friday, July 24th. Barrington Research reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Koppers in a research note on Monday, May 4th. Singular Research upgraded Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Finally, Wall Street Zen upgraded shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th.

Koppers Price Performance

Shares of NYSE:KOP opened at $50.25 on Tuesday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. The firm has a market cap of $950.23 million, a price-to-earnings ratio of -10.65, a price-to-earnings-growth ratio of 12.35 and a beta of 1.25. The business has a 50-day simple moving average of $46.64 and a two-hundred day simple moving average of $40.39. Koppers has a fifty-two week low of $25.00 and a fifty-two week high of $53.00.

Koppers (NYSE:KOP) last issued its earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.25. The company had revenue of $520.10 million for the quarter, compared to analysts’ expectations of $506.10 million. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company posted $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, analysts expect that Koppers will post 4.15 earnings per share for the current year.

Koppers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $0.36 annualized dividend and a yield of 0.7%. Koppers’s dividend payout ratio is currently -7.63%.

Insider Transactions at Koppers

In other news, CEO M Leroy Ball sold 3,412 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $43.90, for a total value of $149,786.80. Following the transaction, the chief executive officer directly owned 436,243 shares in the company, valued at $19,151,067.70. The trade was a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 7.28% of the company’s stock.

Institutional Investors Weigh In On Koppers

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its holdings in shares of Koppers by 3.2% in the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company’s stock worth $2,013,000 after buying an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Koppers by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock worth $325,000 after purchasing an additional 361 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Koppers by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company’s stock valued at $2,998,000 after purchasing an additional 1,845 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Koppers by 3.0% in the first quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company’s stock worth $3,109,000 after purchasing an additional 3,212 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Koppers by 374.3% in the first quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company’s stock worth $1,458,000 after purchasing an additional 41,097 shares during the last quarter. 92.75% of the stock is owned by hedge funds and other institutional investors.

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.