Koppers Holdings Inc. (NYSE:KOP) Given Average Recommendation of “Moderate Buy” by Brokerages

Koppers Holdings Inc. (NYSE:KOP) has been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $52.50.

A number of equities research analysts recently issued reports on the stock. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Singular Research raised shares of Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Barrington Research reissued an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research note on Monday, May 4th. Finally, Wall Street Zen raised shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th.

Insider Transactions at Koppers

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

Institutional Investors Weigh In On Koppers

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in Koppers by 27.0% during the 1st quarter. Bank of America Corp DE now owns 128,948 shares of the specialty chemicals company’s stock worth $4,988,000 after purchasing an additional 27,433 shares during the last quarter. Empowered Funds LLC boosted its stake in Koppers by 8.3% during the 1st quarter. Empowered Funds LLC now owns 96,573 shares of the specialty chemicals company’s stock worth $3,735,000 after purchasing an additional 7,398 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Koppers during the 1st quarter worth $200,000. Quantinno Capital Management LP boosted its stake in Koppers by 25.1% during the 1st quarter. Quantinno Capital Management LP now owns 19,839 shares of the specialty chemicals company’s stock worth $767,000 after purchasing an additional 3,978 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Koppers during the 1st quarter worth $6,269,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

Koppers Price Performance

Koppers stock opened at $43.26 on Monday. The company’s fifty day moving average price is $40.16 and its 200 day moving average price is $34.79. Koppers has a 1 year low of $25.00 and a 1 year high of $46.40. The stock has a market capitalization of $831.91 million, a P/E ratio of 11.38, a P/E/G ratio of 10.51 and a beta of 1.26. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 2.71.

Koppers (NYSE:KOP) last released its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The firm had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. During the same quarter last year, the company earned $0.71 EPS. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities research analysts anticipate that Koppers will post 4.13 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 29th. Koppers’s payout ratio is 9.47%.

About Koppers

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.