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

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

KOP has been the topic of several recent research reports. 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 reaffirmed an “outperform” rating and set a $55.00 target price 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.

Insiders Place Their Bets

In related news, CEO M Leroy Ball sold 2,659 shares of the company’s stock in a transaction that occurred 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 directly owned 444,096 shares of the company’s stock, valued at $18,896,284.80. This represents a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in 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 worth $62,000 after acquiring an additional 1,391 shares in the last quarter. Quantbot Technologies LP grew its holdings in Koppers by 95.6% during the 2nd quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock worth $68,000 after acquiring an additional 1,041 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Koppers by 23.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after acquiring an additional 615 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Koppers during the 4th quarter worth approximately $114,000. Finally, SG Americas Securities LLC acquired a new position in Koppers during the 1st quarter worth approximately $164,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

Koppers Price Performance

Koppers stock opened at $43.88 on Monday. The company’s 50 day simple moving average is $40.88 and its 200-day simple moving average is $35.26. The company has a market capitalization of $843.90 million, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 10.58 and a beta of 1.26. Koppers has a 1 year low of $25.00 and a 1 year high of $46.40. 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 announced its earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $390.10 million. During the same period in the prior year, the firm earned $0.71 EPS. The firm’s revenue for the quarter was down .3% on a year-over-year basis. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities research analysts expect that Koppers will post 4.13 earnings per share for the current year.

Koppers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were 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 was Friday, May 29th. Koppers’s dividend payout ratio is presently 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.