Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Koppers Holdings (KOP) Share Price
Media stories about Koppers Holdings (NYSE:KOP) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Koppers Holdings earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 46.0027412854352 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Koppers (KOP) Up 20% in 3 Months: What's Driving the Stock? (finance.yahoo.com)
- Chemours (CC) Hits New 52-Week High: What's Driving It? (finance.yahoo.com)
- Sherwin-Williams Poised on Valspar Buyout & Cost Actions (finance.yahoo.com)
- Is Koppers Holdings (KOP) a Great Growth Stock? (finance.yahoo.com)
- 4 Impressive Basic Material Stocks for Growth Investors (finance.yahoo.com)
A number of research analysts have weighed in on KOP shares. Barrington Research reaffirmed an “outperform” rating and issued a $55.00 price target on shares of Koppers Holdings in a research note on Thursday, September 14th. Wunderlich upgraded shares of Koppers Holdings from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a report on Wednesday, June 28th. ValuEngine upgraded shares of Koppers Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 1st. Zacks Investment Research downgraded shares of Koppers Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, FBR & Co reiterated an “outperform” rating and issued a $44.00 price objective on shares of Koppers Holdings in a report on Tuesday, July 11th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Koppers Holdings currently has a consensus rating of “Buy” and a consensus price target of $45.40.
Shares of Koppers Holdings (NYSE:KOP) opened at 43.10 on Friday. The firm has a market capitalization of $894.11 million, a P/E ratio of 21.95 and a beta of 0.97. The stock has a 50 day moving average of $38.90 and a 200-day moving average of $38.84. Koppers Holdings has a 12-month low of $30.44 and a 12-month high of $45.85.
Koppers Holdings (NYSE:KOP) last issued its earnings results on Thursday, August 3rd. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.26. Koppers Holdings had a return on equity of 153.51% and a net margin of 3.02%. The company had revenue of $378.00 million for the quarter, compared to analysts’ expectations of $369.00 million. During the same period last year, the business earned $0.93 EPS. Koppers Holdings’s quarterly revenue was down 1.8% compared to the same quarter last year. On average, equities research analysts predict that Koppers Holdings will post $3.24 EPS for the current fiscal year.
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Koppers Holdings Company Profile
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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