Koppers (NYSE:KOP) Announces Earnings Results

Koppers (NYSE:KOP) announced its earnings results on Thursday. The specialty chemicals company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.18), Zacks reports. The company had revenue of $477.00 million for the quarter, compared to analysts’ expectations of $497.00 million. Koppers had a return on equity of 16.71% and a net margin of 3.55%. Koppers updated its FY 2025 guidance to 4.750-4.750 EPS.

Koppers Trading Down 8.6 %

Shares of KOP stock opened at $29.51 on Friday. The stock has a market capitalization of $598.04 million, a P/E ratio of 8.38 and a beta of 1.83. Koppers has a fifty-two week low of $27.33 and a fifty-two week high of $58.23. 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 company has a 50 day moving average price of $30.92 and a 200 day moving average price of $34.68.

Koppers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, March 7th. This is a boost from Koppers’s previous quarterly dividend of $0.07. Koppers’s dividend payout ratio is currently 9.09%.

Koppers declared that its Board of Directors has authorized a share repurchase plan on Thursday, February 27th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the specialty chemicals company to buy up to 16.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of Koppers from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Barrington Research restated an “outperform” rating and set a $64.00 price target on shares of Koppers in a research report on Monday.

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.