Koppers (KOP) Set to Announce Earnings on Thursday

Koppers (NYSE:KOP) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of $1.32 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Koppers Price Performance

Shares of Koppers stock opened at $35.32 on Wednesday. The stock has a market cap of $748.78 million, a P/E ratio of 9.95 and a beta of 1.85. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.00 and a current ratio of 2.29. The stock’s fifty day moving average is $38.91 and its 200 day moving average is $46.90. Koppers has a one year low of $33.80 and a one year high of $58.23.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $64.00 price objective on shares of Koppers in a research note on Monday.

Insiders Place Their Bets

In other Koppers news, CEO M Leroy Ball sold 2,500 shares of the stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $42.36, for a total transaction of $105,900.00. Following the completion of the sale, the chief executive officer now directly owns 321,008 shares of the company’s stock, valued at approximately $13,597,898.88. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders sold 7,500 shares of company stock worth $319,850. Corporate insiders own 6.55% of the company’s stock.

Koppers Company Profile

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 Railroad and Utility Products and Services (RUPS), Performance Chemicals (PC), and Carbon Materials and Chemicals (CMC) segments.