Koppers (NYSE:KOP) Posts Quarterly Earnings Results

Koppers (NYSE:KOP - Get Free Report) announced its quarterly earnings data on Friday. The specialty chemicals company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.15, Zacks reports. Koppers had a return on equity of 16.71% and a net margin of 3.55%. The company had revenue of $456.50 million for the quarter, compared to analysts' expectations of $488.00 million. During the same quarter in the prior year, the business posted $0.62 EPS. The business's revenue was down 8.3% compared to the same quarter last year. Koppers updated its FY 2025 guidance to 4.750-4.750 EPS.

Koppers Stock Performance

NYSE KOP opened at $27.06 on Friday. The stock has a market cap of $554.35 million, a PE ratio of 7.69 and a beta of 1.44. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.13 and a current ratio of 2.54. The firm has a 50-day moving average of $26.74 and a 200-day moving average of $30.90. Koppers has a 52-week low of $22.99 and a 52-week high of $45.21.

Koppers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Friday, May 30th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.18%. Koppers's dividend payout ratio (DPR) is 13.17%.

Analyst Upgrades and Downgrades

A number of analysts have commented on KOP shares. StockNews.com upgraded shares of Koppers from a "sell" rating to a "hold" rating in a research note on Saturday, March 22nd. Barrington Research reiterated an "outperform" rating and set a $64.00 price target on shares of Koppers in a report on Monday, February 24th.

Koppers declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 27th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the specialty chemicals company to purchase up to 16.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

Koppers Company Profile

Koppers Holdings Inc provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally. The company operates through Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.

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