Koppers Holdings Inc. (NYSE:KOP - Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $42.41 and last traded at $41.5550, with a volume of 2960 shares changing hands. The stock had previously closed at $41.61.
Analysts Set New Price Targets
Several research firms have issued reports on KOP. Wall Street Zen upgraded Koppers from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. Barrington Research reiterated an "outperform" rating and set a $55.00 target price on shares of Koppers in a research report on Monday. Weiss Ratings upgraded Koppers from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, April 29th. Finally, Zacks Research upgraded Koppers from a "strong sell" rating to a "hold" rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $52.50.
View Our Latest Report on KOP
Koppers Trading Down 1.0%
The firm has a market cap of $797.00 million, a price-to-earnings ratio of 14.89, a PEG ratio of 9.89 and a beta of 1.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.13 and a current ratio of 2.94. The business has a fifty day moving average of $37.89 and a two-hundred day moving average of $32.26.
Koppers (NYSE:KOP - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The specialty chemicals company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.11. The business had revenue of $432.70 million for the quarter, compared to analysts' expectations of $445.00 million. Koppers had a return on equity of 15.47% and a net margin of 2.98%.The company's revenue was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 EPS. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. As a group, equities analysts expect that Koppers Holdings Inc. will post 4.18 earnings per share for the current fiscal year.
Koppers Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 6th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Koppers's previous quarterly dividend of $0.08. Koppers's dividend payout ratio is currently 13.00%.
Insider Buying and Selling at Koppers
In other Koppers news, CEO M Leroy Ball sold 2,489 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $37.91, for a total transaction of $94,357.99. Following the transaction, the chief executive officer owned 447,459 shares of the company's stock, valued at $16,963,170.69. This represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 7.28% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd lifted its stake in shares of Koppers by 1.1% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company's stock worth $797,000 after purchasing an additional 308 shares during the period. Engineers Gate Manager LP lifted its stake in shares of Koppers by 0.7% during the 4th quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company's stock worth $1,306,000 after purchasing an additional 332 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Koppers by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company's stock worth $325,000 after purchasing an additional 361 shares during the period. Federated Hermes Inc. lifted its stake in shares of Koppers by 0.6% during the 3rd quarter. Federated Hermes Inc. now owns 65,695 shares of the specialty chemicals company's stock worth $1,839,000 after purchasing an additional 408 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of Koppers by 0.9% during the 4th quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company's stock worth $1,689,000 after purchasing an additional 567 shares during the period. Hedge funds and other institutional investors own 92.75% of the company's stock.
About Koppers
(
Get Free Report)
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.
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