Koppers Holdings (KOP) Given Daily Coverage Optimism Rating of 0.19
Headlines about Koppers Holdings (NYSE:KOP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Koppers Holdings earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 45.7607430714802 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts have recently issued reports on the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $40.00 target price on shares of Koppers Holdings in a research report on Thursday, October 12th. TheStreet raised Koppers Holdings from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. Barrington Research reaffirmed an “outperform” rating and set a $55.00 target price on shares of Koppers Holdings in a research report on Thursday, September 14th. Zacks Investment Research raised Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Tuesday, August 8th. Finally, FBR & Co reaffirmed an “outperform” rating and set a $44.00 target price on shares of Koppers Holdings in a research report on Tuesday, July 11th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Koppers Holdings has a consensus rating of “Buy” and an average price target of $45.40.
Koppers Holdings (NYSE:KOP) traded down $0.10 during trading hours on Friday, reaching $47.80. The company had a trading volume of 96,172 shares, compared to its average volume of 124,971. The firm has a market capitalization of $991.61, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 0.83 and a beta of 1.02. Koppers Holdings has a 52-week low of $31.40 and a 52-week high of $50.00. The company has a quick ratio of 0.98, a current ratio of 1.81 and a debt-to-equity ratio of 9.26.
Koppers Holdings (NYSE:KOP) last posted its quarterly earnings results on Thursday, August 3rd. The specialty chemicals company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.26. The firm had revenue of $378.00 million for the quarter, compared to analyst estimates of $369.00 million. Koppers Holdings had a return on equity of 153.51% and a net margin of 3.02%. Koppers Holdings’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. sell-side analysts anticipate that Koppers Holdings will post 3.2 earnings per share for the current year.
In related news, VP Leslie S. Hyde sold 1,800 shares of the company’s stock in a transaction on Friday, September 22nd. The stock was sold at an average price of $43.00, for a total transaction of $77,400.00. Following the transaction, the vice president now directly owns 19,927 shares of the company’s stock, valued at $856,861. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Leslie S. Hyde sold 1,810 shares of the company’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $45.00, for a total value of $81,450.00. Following the transaction, the vice president now directly owns 19,727 shares in the company, valued at $887,715. The disclosure for this sale can be found here. 3.90% of the stock is currently owned by insiders.
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About Koppers Holdings
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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