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

Koppers Holdings Inc. (NYSE:KOP) has earned an average rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Two research 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 1 year price objective among brokerages that have covered the stock in the last year is $52.50.

A number of research firms have recently commented on KOP. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Singular Research raised Koppers to a “strong-buy” rating in a report on Friday, May 15th. Barrington Research reaffirmed an “outperform” rating and set a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Finally, Zacks Research raised Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KOP. Tower Research Capital LLC TRC raised its stake in shares of Koppers by 258.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock worth $62,000 after buying an additional 1,391 shares during the period. Quantbot Technologies LP grew its position 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 worth $68,000 after purchasing an additional 1,041 shares in the last quarter. BNP Paribas Financial Markets grew its position 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 worth $104,000 after purchasing an additional 615 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Koppers during the fourth quarter worth about $114,000. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Koppers during the third quarter worth about $160,000. Institutional investors own 92.75% of the company’s stock.

Koppers Price Performance

Shares of KOP stock opened at $39.20 on Thursday. The stock 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 business’s fifty day moving average is $38.80 and its 200 day moving average is $33.19. Koppers has a twelve month low of $25.00 and a twelve month 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 issued its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.13. The company had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The firm’s revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Research analysts expect that Koppers will post 4 EPS for the current fiscal year.

Koppers Dividend Announcement

The company 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 $0.09 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. Koppers’s dividend payout ratio is currently 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.