Koppers (NYSE:KOP) Announces Quarterly Earnings Results

Koppers (NYSE:KOP) posted its quarterly earnings data on Friday. The specialty chemicals company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.15, Zacks reports. Koppers had a return on equity of 16.71% and a net margin of 3.55%. The business had revenue of $456.50 million during the quarter, compared to analysts’ expectations of $488.00 million. During the same period in the previous year, the business earned $0.62 earnings per share. The business’s revenue was down 8.3% compared to the same quarter last year. Koppers updated its FY 2025 guidance to 4.750-4.750 EPS.

Koppers Stock Performance

NYSE KOP opened at $27.06 on Friday. The company has a market cap of $554.35 million, a P/E ratio of 7.69 and a beta of 1.44. Koppers has a 1-year low of $22.99 and a 1-year high of $45.21. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.54 and a quick ratio of 1.13. The stock has a 50-day moving average of $26.74 and a two-hundred day moving average of $30.90.

Koppers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Friday, May 30th will be issued a $0.08 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.32 annualized dividend and a dividend yield of 1.18%. Koppers’s dividend payout ratio is presently 13.17%.

Koppers declared that its Board of Directors has approved a share repurchase plan on Thursday, February 27th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the specialty chemicals company to repurchase up to 16.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages have recently issued reports on KOP. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a research report on Saturday, March 22nd. Barrington Research reaffirmed an “outperform” rating and set a $64.00 price target on shares of Koppers in a research report on Monday, February 24th.

About Koppers

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.