Koppers' (KOP) "Buy" Rating Reiterated at B. Riley

Key Points

• Analysts at B. Riley have reduced Koppers' price target from $55.00 to $50.00, while maintaining a "buy" rating, indicating a potential upside of 73.31% from the stock's previous close.
• Koppers' shares have declined by 13.3%, opening at $28.85 on Monday, following underwhelming quarterly results that showed a 10.4% year-over-year revenue decline.
• Several hedge funds have recently increased their holdings in Koppers, with institutional investors now owning 92.75% of the company's stock.

B. Riley reissued their buy rating on shares of Koppers (NYSE:KOP - Free Report) in a research note published on Monday, Marketbeat Ratings reports. B. Riley currently has a $50.00 target price on the specialty chemicals company's stock, down from their prior target price of $55.00. B. Riley also issued estimates for Koppers' Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $4.08 EPS and FY2026 earnings at $4.15 EPS.

Separately, Barrington Research cut their price objective on Koppers from $64.00 to $55.00 and set an "outperform" rating for the company in a research report on Friday, August 8th.

Koppers Stock Performance

NYSE:KOP traded down $0.97 during midday trading on Monday, hitting $29.68. The company's stock had a trading volume of 75,488 shares, compared to its average volume of 152,904. The firm has a market cap of $585.19 million, a P/E ratio of 41.24 and a beta of 1.40. Koppers has a fifty-two week low of $22.99 and a fifty-two week high of $40.07. The firm's 50 day moving average is $32.51 and its 200-day moving average is $29.87. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.11.

Koppers (NYSE:KOP - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The specialty chemicals company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.01). The company had revenue of $504.80 million for the quarter, compared to analysts' expectations of $540.30 million. Koppers had a return on equity of 17.43% and a net margin of 0.76%. The firm's revenue was down 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.36 EPS. Equities analysts anticipate that Koppers will post 4.24 earnings per share for the current fiscal year.

Koppers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, August 29th. This represents a $0.32 annualized dividend and a yield of 1.1%. Koppers's payout ratio is currently 44.44%.

Institutional Investors Weigh In On Koppers

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lazard Asset Management LLC increased its holdings in shares of Koppers by 5.8% in the 2nd quarter. Lazard Asset Management LLC now owns 19,944 shares of the specialty chemicals company's stock valued at $639,000 after acquiring an additional 1,085 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Koppers by 23.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company's stock valued at $104,000 after acquiring an additional 615 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of Koppers by 1.0% in the 2nd quarter. Bridgeway Capital Management LLC now owns 224,670 shares of the specialty chemicals company's stock valued at $7,223,000 after acquiring an additional 2,286 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Koppers by 11.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 321,277 shares of the specialty chemicals company's stock valued at $10,327,000 after acquiring an additional 34,188 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Koppers in the 2nd quarter valued at approximately $231,000. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

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.