Koppers (NYSE:KOP) Stock Passes Above 200 Day Moving Average – Here’s Why

Koppers Holdings Inc. (NYSE:KOP)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.69 and traded as high as $42.17. Koppers shares last traded at $41.6260, with a volume of 110,462 shares.

Wall Street Analyst Weigh In

KOP has been the topic of several research analyst reports. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Singular Research raised Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Barrington Research restated an “outperform” rating and set a $55.00 target price on shares of Koppers in a report on Monday, May 4th. Finally, Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $52.50.

Koppers Stock Performance

The business has a fifty day simple moving average of $40.04 and a two-hundred day simple moving average of $34.69. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11. The company has a market cap of $800.47 million, a PE ratio of 10.95, a price-to-earnings-growth ratio of 10.09 and a beta of 1.26.

Koppers (NYSE:KOP) last posted its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. The company had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. Koppers had a return on equity of 14.53% and a net margin of 4.10%.Koppers’s revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. Research analysts anticipate that Koppers Holdings Inc. will post 4.13 earnings per share for the current year.

Koppers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th. Koppers’s dividend payout ratio is currently 9.47%.

Insider Activity at Koppers

In other news, CEO M Leroy Ball sold 2,659 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $42.55, for a total transaction of $113,140.45. Following the completion of the sale, the chief executive officer owned 444,096 shares in the company, valued at approximately $18,896,284.80. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.28% of the company’s stock.

Institutional Trading of Koppers

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its holdings in shares of Koppers by 258.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after purchasing an additional 1,391 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of Koppers by 95.6% during the 2nd quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock valued at $68,000 after purchasing an additional 1,041 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Koppers by 23.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock valued at $104,000 after purchasing an additional 615 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Koppers during the 4th quarter valued at $114,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Koppers during the 1st quarter valued at $164,000. Hedge funds and other institutional investors own 92.75% of the company’s stock.

Koppers Company Profile

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.