Koppers Q4 EPS Estimate Decreased by Barrington Research

Koppers Holdings Inc. (NYSE:KOP) – Analysts at Barrington Research dropped their Q4 2024 earnings per share (EPS) estimates for shares of Koppers in a research note issued to investors on Tuesday, November 12th. Barrington Research analyst G. Prestopino now expects that the specialty chemicals company will post earnings per share of $0.93 for the quarter, down from their prior forecast 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.

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

Koppers Price Performance

Shares of NYSE KOP opened at $37.56 on Thursday. The stock’s 50-day simple moving average is $36.40 and its 200-day simple moving average is $38.81. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.13 and a current ratio of 2.54. The firm has a market capitalization of $761.34 million, a PE ratio of 10.67 and a beta of 1.84. Koppers has a fifty-two week low of $33.80 and a fifty-two week high of $58.23.

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

Hedge Funds Weigh In On Koppers

Hedge funds and other institutional investors have recently bought and sold shares of the company. Pzena Investment Management LLC lifted its holdings in shares of Koppers by 91.8% in the 3rd quarter. Pzena Investment Management LLC now owns 770,169 shares of the specialty chemicals company’s stock valued at $28,134,000 after buying an additional 368,709 shares during the period. Millennium Management LLC raised its position in Koppers by 586.8% in the second quarter. Millennium Management LLC now owns 196,704 shares of the specialty chemicals company’s stock worth $7,276,000 after acquiring an additional 168,063 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in Koppers in the second quarter valued at $5,671,000. Foundry Partners LLC purchased a new stake in shares of Koppers during the 3rd quarter worth $4,022,000. Finally, Principal Financial Group Inc. grew its stake in shares of Koppers by 20.7% during the 3rd quarter. Principal Financial Group Inc. now owns 568,787 shares of the specialty chemicals company’s stock worth $20,778,000 after purchasing an additional 97,586 shares during the period. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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

Koppers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.75%. 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.