Koppers - KOP Stock Forecast, Price & News

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 three segments: Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC). The RUPS segment procures and treats crossties, switch ties, and various types of lumber used for railroad bridges and crossings. It also provides rail joint bars to join rails together for railroads; transmission and distribution poles for electric and telephone utilities; and pilings. This segment also provides railroad services, such as engineering, design, repair, and inspection services for railroad bridges. The PC segment develops, manufactures, and markets copper-based wood preservatives, including micronized copper azole, micronized pigments, alkaline copper quaternary, amine copper azole, and chromated copper arsenate for decking, fencing, utility poles, construction lumber and timbers, and various agricultural uses; and supplies fire-retardant chemicals for pressure treatment of wood primarily in commercial construction. The CMC segment manufactures creosote for the treatment of wood or as a feedstock in the production of carbon black; carbon pitch, a raw material used in the production of aluminum and steel; naphthalene for use as a feedstock in the production of phthalic anhydride and as a surfactant in the production of concrete; phthalic anhydride for the production of plasticizers, polyester resins, and alkyd paints; and carbon black feedstock for use in the production of carbon black. The company serves the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction industries. Koppers Holdings Inc. was founded in 1988 and is headquartered in Pittsburgh, Pennsylvania.

Koppers Trading Down 1.6 %

Shares of KOP opened at $25.81 on Thursday. The business has a 50-day moving average of $23.42 and a 200 day moving average of $25.95. Koppers has a fifty-two week low of $20.65 and a fifty-two week high of $37.44. The firm has a market cap of $539.43 million, a P/E ratio of 8.90 and a beta of 1.80. The company has a debt-to-equity ratio of 2.20, a quick ratio of 1.04 and a current ratio of 2.11.

Koppers (NYSE:KOP - Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The specialty chemicals company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.18). Koppers had a return on equity of 19.61% and a net margin of 3.51%. The firm had revenue of $502.50 million during the quarter, compared to analysts' expectations of $507.00 million. During the same period last year, the business posted $1.41 EPS. The company's revenue was up 13.9% compared to the same quarter last year. As a group, research analysts forecast that Koppers will post 4.1 EPS for the current year.

Koppers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 12th. Investors of record on Friday, August 26th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.77%. The ex-dividend date is Thursday, August 25th. Koppers's dividend payout ratio (DPR) is currently 6.90%.

Analysts Set New Price Targets

Separately, TheStreet cut Koppers from a "b-" rating to a "c+" rating in a research note on Thursday, July 7th.

Insider Buying and Selling

In other Koppers news, Director Xudong Feng sold 2,430 shares of Koppers stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $24.37, for a total transaction of $59,219.10. Following the completion of the transaction, the director now owns 32,840 shares of the company's stock, valued at approximately $800,310.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 6.23% of the stock is currently owned by insiders.