Koppers (NYSE:KOP) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Koppers shares rose above their 200-day moving average of $42.90, trading as high as $46.20 and closing near $46.01. The stock remains below its 50-day average of $47.89.
• Analyst sentiment is mixed, but the consensus rating remains “Moderate Buy” with a $55 target price. Recent downgrades included Weiss Ratings moving the stock to “Sell” and Wall Street Zen lowering it to “Buy.”
• Koppers exceeded quarterly expectations with adjusted EPS of $1.37 versus $1.12 expected and revenue of $520.1 million, up 3% year over year. The company also maintains a $0.09 quarterly dividend, while insiders sold more than $5 million in stock over the past three months.

Koppers Holdings Inc. (NYSE:KOP - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $42.90 and traded as high as $46.20. Koppers shares last traded at $46.01, with a volume of 115,952 shares changing hands.

Analyst Upgrades and Downgrades

KOP has been the topic of several research analyst reports. Weiss Ratings cut Koppers from a "hold (c+)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Koppers from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.00.

Koppers Stock Down 0.7%

The company has a debt-to-equity ratio of 2.31, a current ratio of 2.33 and a quick ratio of 1.01. The stock's fifty day simple moving average is $47.89 and its 200-day simple moving average is $42.90. The stock has a market cap of $870.05 million, a P/E ratio of -9.75, a PEG ratio of 11.37 and a beta of 1.23.

Koppers (NYSE:KOP - Get Free Report) last posted its earnings results on Thursday, August 6th. The specialty chemicals company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.12 by $0.25. The company had revenue of $520.10 million during the quarter, compared to analyst estimates of $506.10 million. Koppers had a positive return on equity of 14.98% and a negative net margin of 4.59%.The business's revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. On average, research analysts anticipate that Koppers Holdings Inc. will post 4.08 earnings per share for the current year.

Koppers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Friday, August 28th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, August 28th. Koppers's dividend payout ratio is presently -7.63%.

Insider Buying and Selling

In other Koppers news, CEO Leroy Ball sold 4,000 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $45.96, for a total value of $183,840.00. Following the sale, the chief executive officer directly owned 429,555 shares in the company, valued at approximately $19,742,347.80. This trade represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Stephen Lucas sold 1,308 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $44.55, for a total transaction of $58,271.40. Following the transaction, the senior vice president directly owned 34,345 shares of the company's stock, valued at approximately $1,530,069.75. This trade represents a 3.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 101,220 shares of company stock valued at $5,007,238 over the last three months. Corporate insiders own 7.28% of the company's stock.

Institutional Trading of Koppers

Several hedge funds have recently bought and sold shares of the company. Intech Investment Management LLC raised its stake in Koppers by 521.2% during the 4th quarter. Intech Investment Management LLC now owns 73,572 shares of the specialty chemicals company's stock valued at $1,992,000 after acquiring an additional 61,728 shares in the last quarter. JB Capital Partners LP bought a new position in shares of Koppers in the fourth quarter worth $1,896,000. Mangrove Partners IM LLC acquired a new position in shares of Koppers during the fourth quarter valued at $616,000. Sei Investments Co. increased its holdings in shares of Koppers by 87.5% during the first quarter. Sei Investments Co. now owns 69,979 shares of the specialty chemicals company's stock valued at $2,707,000 after purchasing an additional 32,658 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Koppers during the first quarter valued at about $6,269,000. 92.75% of the stock is currently owned by institutional investors.

About Koppers

Koppers Holdings Inc NYSE: KOP is a global provider of treated wood products, carbon compounds and related specialty chemicals. The company supplies materials and products used in railroad infrastructure, utility transmission and distribution, construction, and industrial applications.

Koppers' product portfolio includes railroad crossties, utility poles, pilings, treated lumber and wood preservatives. Its carbon materials and chemicals operations produce products such as carbon pitch, creosote, naphthalene and phthalic anhydride, which are used in aluminum production, infrastructure preservation, resins, coatings and other industrial processes.

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