Koppers (NYSE:KOP) Given Outperform Rating at Barrington Research

Koppers (NYSE:KOP)‘s stock had its “outperform” rating reissued by analysts at Barrington Research in a report issued on Monday,Benzinga reports. They currently have a $55.00 price objective on the specialty chemicals company’s stock. Barrington Research’s price objective indicates a potential upside of 34.67% from the company’s current price.

KOP has been the subject of a number of other research reports. Zacks Research upgraded shares of Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings upgraded Koppers from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, Wall Street Zen raised Koppers from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $52.50.

Koppers Price Performance

Shares of KOP stock opened at $40.84 on Monday. The stock has a 50 day moving average price of $37.60 and a 200 day moving average price of $32.05. The firm has a market capitalization of $789.85 million, a P/E ratio of 14.74, a P/E/G ratio of 1.11 and a beta of 1.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.13 and a current ratio of 2.94. Koppers has a 52-week low of $24.77 and a 52-week high of $42.17.

Koppers (NYSE:KOP) last released its earnings results on Thursday, February 26th. The specialty chemicals company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.11. The business had revenue of $432.70 million during the quarter, compared to the consensus estimate of $445.00 million. Koppers had a return on equity of 15.47% and a net margin of 2.98%.The business’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.77 earnings per share. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. As a group, sell-side analysts predict that Koppers will post 4.18 earnings per share for the current year.

Insider Buying and Selling at Koppers

In other Koppers news, CEO M Leroy Ball sold 2,489 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $37.91, for a total value of $94,357.99. Following the transaction, the chief executive officer owned 447,459 shares in the company, valued at approximately $16,963,170.69. This trade represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 7.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Koppers

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp increased its position in shares of Koppers by 7,175.3% during the first quarter. Fifth Third Bancorp now owns 15,933 shares of the specialty chemicals company’s stock valued at $616,000 after acquiring an additional 15,714 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in Koppers in the first quarter valued at approximately $323,000. Kestra Advisory Services LLC raised its holdings in shares of Koppers by 25.3% in the 1st quarter. Kestra Advisory Services LLC now owns 5,297 shares of the specialty chemicals company’s stock valued at $205,000 after purchasing an additional 1,070 shares in the last quarter. DGS Capital Management LLC purchased a new position in Koppers in the first quarter valued at $323,000. Finally, Pzena Investment Management LLC increased its holdings in Koppers by 0.4% in the first quarter. Pzena Investment Management LLC now owns 1,209,376 shares of the specialty chemicals company’s stock valued at $46,779,000 after buying an additional 5,124 shares during the last quarter. Institutional investors and hedge funds own 92.75% of the company’s stock.

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.