Koppers (NYSE:KOP) Share Price Passes Above 200-Day Moving Average – What’s Next?

Koppers Holdings Inc. (NYSE:KOP) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $36.97 and traded as high as $48.00. Koppers shares last traded at $46.7150, with a volume of 159,565 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Barrington Research restated an “outperform” rating and issued a $55.00 price objective on shares of Koppers in a report on Monday, May 4th. Weiss Ratings raised Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Singular Research upgraded Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Finally, Wall Street Zen upgraded Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.50.

Koppers Price Performance

The company has a market capitalization of $898.33 million, a PE ratio of 12.29, a price-to-earnings-growth ratio of 11.47 and a beta of 1.25. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11. The stock’s 50 day simple moving average is $42.84 and its 200-day simple moving average is $36.97.

Koppers (NYSE:KOP) last posted its quarterly earnings data on Friday, May 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating 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 business had revenue of $455.30 million during the quarter, compared to analyst estimates of $390.10 million. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.600 EPS. As a group, equities analysts forecast that Koppers Holdings Inc. will post 4.13 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, May 29th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Koppers’s dividend payout ratio is 9.47%.

Insider Buying and Selling

In other Koppers news, CEO M Leroy Ball sold 3,412 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $43.90, for a total value of $149,786.80. Following the completion of the transaction, the chief executive officer owned 436,243 shares in the company, valued at $19,151,067.70. The trade was a 0.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 7.28% of the stock is owned by corporate insiders.

Institutional Trading of Koppers

Several hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its holdings in Koppers by 258.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after purchasing an additional 1,391 shares during the period. Quantbot Technologies LP grew its stake 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 purchasing an additional 1,041 shares in the last quarter. BNP Paribas Financial Markets increased 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 purchasing an additional 615 shares during the period. Kestra Advisory Services LLC purchased a new stake in Koppers during the 4th quarter worth about $114,000. Finally, Quadrant Capital Group LLC acquired a new stake in Koppers in the 3rd quarter valued at about $160,000. 92.75% of the stock is currently owned by institutional investors and hedge funds.

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.