Koppers (NYSE:KOP) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Koppers Holdings Inc. (NYSE:KOP)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.79 and traded as high as $41.36. Koppers shares last traded at $40.8340, with a volume of 228,446 shares traded.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Singular Research upgraded Koppers to a “strong-buy” rating in a report on Friday, May 15th. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Wall Street Zen raised Koppers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Barrington Research reiterated an “outperform” rating and set a $55.00 price target on shares of Koppers in a report on Monday, May 4th. Finally, Zacks Research upgraded shares of Koppers from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $52.50.

Koppers Stock Down 1.1%

The firm has a 50-day moving average of $39.27 and a two-hundred day moving average of $33.79. The firm has a market cap of $785.24 million, a price-to-earnings ratio of 10.75, a PEG ratio of 10.15 and a beta of 1.28. The company has a current ratio of 2.71, a quick ratio of 1.11 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. Koppers had a return on equity of 14.53% and a net margin of 4.10%.The firm had revenue of $455.30 million for the quarter, compared to analyst estimates of $390.10 million. During the same quarter last year, the firm posted $0.71 EPS. The company’s revenue was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, sell-side analysts predict that Koppers Holdings Inc. will post 4.07 earnings per share for the current fiscal year.

Koppers Announces Dividend

The business also recently announced 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. 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 payout ratio is 9.47%.

Insider Buying and Selling

In other Koppers news, CEO M Leroy Ball sold 2,659 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total value of $113,140.45. Following the completion of the sale, the chief executive officer directly owned 444,096 shares of the company’s stock, valued at $18,896,284.80. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Koppers

Hedge funds have recently made changes to their positions in the stock. Simcoe Capital Management LLC acquired a new stake in Koppers during the fourth quarter worth about $22,032,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Koppers in the 1st quarter worth approximately $6,269,000. LSV Asset Management grew its holdings in shares of Koppers by 17.1% during the 3rd quarter. LSV Asset Management now owns 954,431 shares of the specialty chemicals company’s stock worth $26,724,000 after purchasing an additional 139,600 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Koppers during the 3rd quarter worth approximately $3,635,000. Finally, Seizert Capital Partners LLC increased its position in shares of Koppers by 209.4% during the fourth quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock valued at $3,044,000 after purchasing an additional 76,068 shares during the period. Institutional investors own 92.75% of the company’s stock.

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.