Barrington Research Forecasts Weaker Earnings for Koppers

Koppers Holdings Inc. (NYSE:KOP) – Stock analysts at Barrington Research decreased their Q4 2024 earnings estimates for shares of Koppers in a research report issued to clients and investors on Tuesday, November 12th. Barrington Research analyst G. Prestopino now forecasts that the specialty chemicals company will earn $0.93 per share for the quarter, down from their previous estimate of $0.96. Barrington Research has a “Outperform” rating and a $64.00 price target on the stock. The consensus estimate for Koppers’ current full-year earnings is $4.24 per share. Barrington Research also issued estimates for Koppers’ Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $1.30 EPS, Q4 2025 earnings at $0.96 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.45 EPS and FY2026 earnings at $4.58 EPS.

Koppers (NYSE:KOP) last announced its quarterly earnings data on Friday, November 8th. The specialty chemicals company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.12. The firm had revenue of $554.30 million for the quarter, compared to the consensus estimate of $571.80 million. Koppers had a return on equity of 16.71% and a net margin of 3.55%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $1.32 earnings per share.

Several other research firms have also recently weighed in on KOP. StockNews.com raised shares of Koppers from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Singular Research upgraded Koppers to a “strong-buy” rating in a research report on Friday, September 20th.

Koppers Trading Down 2.9 %

Shares of KOP opened at $36.46 on Thursday. The company has a current ratio of 2.54, a quick ratio of 1.13 and a debt-to-equity ratio of 1.83. The firm has a 50-day moving average price of $36.40 and a 200 day moving average price of $38.69. Koppers has a 12-month low of $33.80 and a 12-month high of $58.23. The firm has a market capitalization of $739.04 million, a P/E ratio of 10.36 and a beta of 1.84.

Hedge Funds Weigh In On Koppers

Several hedge funds have recently bought and sold shares of KOP. GAMMA Investing LLC increased its stake in Koppers by 170.4% during the third quarter. GAMMA Investing LLC now owns 830 shares of the specialty chemicals company’s stock worth $30,000 after purchasing an additional 523 shares during the period. nVerses Capital LLC purchased a new stake in Koppers during the 2nd quarter worth approximately $37,000. Meeder Asset Management Inc. acquired a new stake in Koppers during the 3rd quarter worth approximately $37,000. KBC Group NV boosted its position in Koppers by 83.8% in the 3rd quarter. KBC Group NV now owns 1,204 shares of the specialty chemicals company’s stock valued at $44,000 after buying an additional 549 shares during the period. Finally, Innealta Capital LLC acquired a new position in shares of Koppers in the second quarter worth $45,000. Institutional investors and hedge funds own 92.75% of the company’s stock.

Insider Buying and Selling at Koppers

In other news, CEO M Leroy Ball sold 5,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $37.92, for a total transaction of $189,600.00. Following the completion of the transaction, the chief executive officer now directly owns 315,129 shares in the company, valued at $11,949,691.68. This trade represents a 1.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Joseph P. Dowd sold 5,516 shares of Koppers stock in a transaction on Monday, August 19th. The shares were sold at an average price of $37.72, for a total value of $208,063.52. Following the completion of the sale, the vice president now directly owns 10,300 shares of the company’s stock, valued at $388,516. The trade was a 34.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.55% of the company’s stock.

Koppers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Friday, November 29th. Koppers’s dividend payout ratio (DPR) is presently 7.95%.

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.