Koppers (NYSE:KOP) Releases FY 2025 Earnings Guidance

Key Points

• Koppers updated its FY 2025 earnings guidance, projecting EPS of 4.000-4.600, slightly below the consensus estimate of 4.607, and revenue guidance of $1.9 billion-$2.0 billion, matching the lower end of analyst expectations.
• The company reported a quarterly EPS of $0.71, exceeding the analysts' expectations of $0.56, but experienced an 8.3% year-over-year revenue decline.
• Koppers declared a quarterly dividend of $0.08 per share, providing an annual yield of 1.0%, with a dividend payout ratio of 27.59%.

Koppers (NYSE:KOP - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 4.000-4.600 for the period, compared to the consensus earnings per share estimate of 4.607. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Upgrades and Downgrades

Separately, Barrington Research reduced 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.

Koppers Stock Performance

Shares of NYSE KOP traded down $4.42 during trading hours on Friday, reaching $28.85. The stock had a trading volume of 405,339 shares, compared to its average volume of 111,532. The business's fifty day moving average is $32.61 and its two-hundred day moving average is $29.90. The company has a debt-to-equity ratio of 1.96, a current ratio of 2.64 and a quick ratio of 1.10. The company has a market cap of $577.29 million, a price-to-earnings ratio of 40.07 and a beta of 1.40. Koppers has a twelve month low of $22.99 and a twelve month high of $40.07.

Koppers (NYSE:KOP - Get Free Report) last issued its earnings results on Friday, August 8th. The specialty chemicals company reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.01). The firm had revenue of $504.80 million during the quarter, compared to analyst estimates of $540.30 million. Koppers had a net margin of 1.24% and a return on equity of 17.41%. The business's revenue for the quarter was down 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.36 earnings per share. As a group, research analysts expect that Koppers will post 4.24 EPS for the current year.

Koppers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 29th. Koppers's dividend payout ratio is presently 44.44%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in Koppers by 3.2% during the first quarter. AQR Capital Management LLC now owns 71,897 shares of the specialty chemicals company's stock worth $2,013,000 after acquiring an additional 2,212 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Koppers by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company's stock worth $325,000 after acquiring an additional 361 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Koppers by 1.8% during the first quarter. Goldman Sachs Group Inc. now owns 107,054 shares of the specialty chemicals company's stock worth $2,998,000 after acquiring an additional 1,845 shares in the last quarter. Empowered Funds LLC raised its stake in Koppers by 3.0% during the first quarter. Empowered Funds LLC now owns 111,031 shares of the specialty chemicals company's stock worth $3,109,000 after acquiring an additional 3,212 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in Koppers by 374.3% during the first quarter. Jane Street Group LLC now owns 52,076 shares of the specialty chemicals company's stock worth $1,458,000 after acquiring an additional 41,097 shares in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

About Koppers

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.