Brokerages Expect Koppers Holdings Inc. (KOP) to Post $0.49 Earnings Per Share
Analysts expect that Koppers Holdings Inc. (NYSE:KOP) will announce $0.49 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Koppers’ earnings, with the lowest EPS estimate coming in at $0.41 and the highest estimate coming in at $0.56. Koppers reported earnings per share of $0.40 in the same quarter last year, which suggests a positive year-over-year growth rate of 22.5%. The company is scheduled to report its next earnings report on Thursday, February 22nd.
On average, analysts expect that Koppers will report full year earnings of $3.75 per share for the current financial year, with EPS estimates ranging from $3.70 to $3.85. For the next financial year, analysts anticipate that the company will post earnings of $3.83 per share, with EPS estimates ranging from $3.45 to $4.20. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Koppers.
Koppers (NYSE:KOP) last posted its quarterly earnings results on Thursday, November 9th. The specialty chemicals company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.55. Koppers had a net margin of 3.54% and a return on equity of 119.06%. The firm had revenue of $384.80 million during the quarter, compared to the consensus estimate of $363.00 million. During the same period in the previous year, the firm posted $0.99 earnings per share. The business’s revenue was up 3.7% compared to the same quarter last year.
In other news, VP Leslie S. Hyde sold 1,810 shares of the business’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $45.00, for a total transaction of $81,450.00. Following the completion of the sale, the vice president now directly owns 19,727 shares of the company’s stock, valued at $887,715. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Leslie S. Hyde sold 1,800 shares of the business’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $43.00, for a total transaction of $77,400.00. Following the sale, the vice president now directly owns 19,927 shares of the company’s stock, valued at $856,861. The disclosure for this sale can be found here. Insiders own 3.90% of the company’s stock.
Large investors have recently bought and sold shares of the company. State of Alaska Department of Revenue increased its position in shares of Koppers by 80.3% during the second quarter. State of Alaska Department of Revenue now owns 4,110 shares of the specialty chemicals company’s stock worth $148,000 after acquiring an additional 1,830 shares in the last quarter. Macquarie Group Ltd. bought a new stake in shares of Koppers during the third quarter worth about $166,000. Municipal Employees Retirement System of Michigan increased its position in shares of Koppers by 4.5% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,880 shares of the specialty chemicals company’s stock worth $176,000 after acquiring an additional 210 shares in the last quarter. Victory Capital Management Inc. bought a new stake in shares of Koppers during the third quarter worth about $195,000. Finally, Virtu KCG Holdings LLC purchased a new position in Koppers during the second quarter worth about $201,000. 89.59% of the stock is owned by institutional investors.
Koppers (NYSE:KOP) traded up $0.45 on Friday, reaching $50.40. 163,075 shares of the company’s stock traded hands, compared to its average volume of 141,320. Koppers has a 12-month low of $33.90 and a 12-month high of $51.80. The company has a current ratio of 2.02, a quick ratio of 1.13 and a debt-to-equity ratio of 6.08. The company has a market capitalization of $1,045.55, a P/E ratio of 13.66, a P/E/G ratio of 0.75 and a beta of 1.01.
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Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.
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