Research Analysts Offer Predictions for Koppers Q4 Earnings

Koppers Holdings Inc. (NYSE:KOP) – Research analysts at Barrington Research lowered their Q4 2024 EPS estimates for Koppers in a report released 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 previous 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.

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.

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

Koppers Stock Down 2.9 %

Koppers stock opened at $36.46 on Thursday. The stock has a market cap of $739.04 million, a PE ratio of 10.36 and a beta of 1.84. 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’s fifty day moving average is $36.40 and its two-hundred day moving average is $38.69. Koppers has a 1-year low of $33.80 and a 1-year high of $58.23.

Koppers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.07 dividend. 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 0.77%. Koppers’s dividend payout ratio (DPR) is presently 7.95%.

Insider Transactions at Koppers

In other news, CEO M Leroy Ball sold 5,000 shares of the business’s 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 owns 315,129 shares of the company’s stock, valued at approximately $11,949,691.68. The trade was a 1.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Joseph P. Dowd sold 5,516 shares of the stock in a transaction 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 directly owns 10,300 shares of the company’s stock, valued at approximately $388,516. This represents a 34.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.55% of the company’s stock.

Hedge Funds Weigh In On Koppers

Large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of Koppers by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,187,926 shares of the specialty chemicals company’s stock worth $43,942,000 after acquiring an additional 18,469 shares during the period. Pzena Investment Management LLC boosted its holdings in 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 purchasing an additional 368,709 shares in the last quarter. Principal Financial Group Inc. increased its position in 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. Charles Schwab Investment Management Inc. raised its stake in shares of 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 worth $15,521,000 after buying an additional 20,586 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Koppers by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 221,207 shares of the specialty chemicals company’s stock valued at $8,182,000 after buying an additional 3,402 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.

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.