Brokers Set Expectations for Koppers’ Q4 Earnings (NYSE:KOP)

Koppers Holdings Inc. (NYSE:KOP) – Investment analysts at Barrington Research decreased their Q4 2024 earnings per share estimates for shares of Koppers in a report issued on Tuesday, November 12th. Barrington Research analyst G. Prestopino now forecasts that the specialty chemicals company will post earnings per share of $0.93 for the quarter, down from their previous estimate of $0.96. Barrington Research has a “Outperform” rating and a $64.00 price objective 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 equities research analysts have also issued reports on the company. Singular Research raised 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 report on Monday.

Koppers Stock Performance

KOP stock opened at $37.92 on Thursday. The business has a 50 day moving average of $36.39 and a 200-day moving average of $38.82. The company has a quick ratio of 1.13, a current ratio of 2.54 and a debt-to-equity ratio of 1.83. Koppers has a 12-month low of $33.80 and a 12-month high of $58.23. The firm has a market cap of $768.64 million, a PE ratio of 10.77 and a beta of 1.84.

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

Institutional Investors Weigh In On Koppers

Several institutional investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd raised its stake in shares of Koppers by 30.8% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 37,671 shares of the specialty chemicals company’s stock valued at $1,376,000 after purchasing an additional 8,871 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Koppers by 5.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 424,871 shares of the specialty chemicals company’s stock valued at $15,521,000 after buying an additional 20,586 shares in the last quarter. Foundry Partners LLC bought a new stake in shares of Koppers during the third quarter valued at about $4,022,000. Pzena Investment Management LLC lifted its holdings in shares of Koppers by 91.8% in the third quarter. Pzena Investment Management LLC now owns 770,169 shares of the specialty chemicals company’s stock worth $28,134,000 after buying an additional 368,709 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Koppers in the third quarter valued at approximately $337,000. Hedge funds and other institutional investors own 92.75% of the company’s stock.

Insider Transactions at Koppers

In other news, VP Joseph P. Dowd sold 5,516 shares of Koppers stock in a transaction dated 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 transaction, the vice president now owns 10,300 shares in the company, valued at $388,516. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.55% of the stock is owned by corporate insiders.

Koppers Dividend Announcement

The company also recently declared 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 is Friday, November 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.74%. Koppers’s dividend payout ratio is presently 7.95%.

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.