Q4 EPS Estimates for Koppers Reduced by Barrington Research

Koppers Holdings Inc. (NYSE:KOP) – Research analysts at Barrington Research cut their Q4 2024 earnings per share (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 of $0.93 per share for the quarter, down from their prior 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.

Koppers (NYSE:KOP) last released its quarterly earnings results on Friday, November 8th. The specialty chemicals company reported $1.37 EPS for the quarter, beating 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 analyst estimates of $571.80 million. During the same period in the prior year, the business earned $1.32 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis.

A number of other research firms have also issued reports on KOP. StockNews.com upgraded shares of Koppers from a “sell” rating to a “hold” rating in a report on Monday. Singular Research upgraded Koppers to a “strong-buy” rating in a report on Friday, September 20th.

Koppers Stock Performance

Koppers stock opened at $37.56 on Thursday. Koppers has a fifty-two week low of $33.80 and a fifty-two week high of $58.23. The company has a market capitalization of $761.34 million, a price-to-earnings ratio of 10.67 and a beta of 1.84. The stock has a fifty day moving average of $36.40 and a two-hundred day moving average of $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.

Koppers Dividend Announcement

The company 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 payout ratio is currently 7.95%.

Insider Activity

In related news, VP Joseph P. Dowd sold 5,516 shares of the stock in a transaction dated Monday, August 19th. The stock was 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 of the company’s stock, valued at approximately $388,516. This represents a 34.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 sale, the chief executive officer now owns 315,129 shares in the company, valued at $11,949,691.68. This represents a 1.56 % 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.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KOP. Dimensional Fund Advisors LP raised its stake in shares of Koppers by 1.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,187,926 shares of the specialty chemicals company’s stock valued at $43,942,000 after purchasing an additional 18,469 shares in the last quarter. Pzena Investment Management LLC increased its holdings in Koppers by 91.8% in the third 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 last quarter. Principal Financial Group Inc. lifted its holdings 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 buying an additional 97,586 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Koppers by 5.1% in 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 acquiring an additional 20,586 shares in the last quarter. Finally, Bank of New York Mellon Corp increased 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 acquiring an additional 3,402 shares during the last quarter. 92.75% of the stock is currently owned by institutional investors.

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.