Koppers (NYSE:KOP) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Koppers Holdings Inc. (NYSE:KOP) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.79 and traded as high as $41.36. Koppers shares last traded at $40.8340, with a volume of 228,446 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KOP. Singular Research raised shares of Koppers to a “strong-buy” rating in a research note on Friday, May 15th. Wall Street Zen raised shares of Koppers from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings raised shares of Koppers from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Zacks Research raised shares of Koppers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Barrington Research reissued an “outperform” rating and set a $55.00 price target on shares of Koppers in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Koppers has a consensus rating of “Moderate Buy” and a consensus target price of $52.50.

Koppers Trading Down 1.1%

The business’s 50-day moving average price is $39.27 and its two-hundred day moving average price is $33.79. The company has a market capitalization of $785.24 million, a P/E ratio of 10.75, a PEG ratio of 10.03 and a beta of 1.28. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.71 and a quick ratio of 1.11.

Koppers (NYSE:KOP) last announced its quarterly earnings results on Friday, May 8th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.13. The company had revenue of $455.30 million for the quarter, compared to analysts’ expectations of $390.10 million. Koppers had a net margin of 4.10% and a return on equity of 14.53%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period 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, analysts forecast that Koppers Holdings Inc. will post 4.07 EPS for the current fiscal year.

Koppers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. Koppers’s payout ratio is currently 9.47%.

Insider Transactions at Koppers

In other Koppers news, CEO M Leroy Ball sold 2,659 shares of Koppers stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $42.55, for a total value of $113,140.45. Following the sale, the chief executive officer directly owned 444,096 shares in the company, valued at approximately $18,896,284.80. The trade was a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 7.28% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of KOP. Simcoe Capital Management LLC bought a new position in Koppers during the fourth quarter worth $22,032,000. Arrowstreet Capital Limited Partnership bought a new position in Koppers during the first quarter worth $6,269,000. LSV Asset Management boosted its stake in Koppers by 17.1% during the third quarter. LSV Asset Management now owns 954,431 shares of the specialty chemicals company’s stock worth $26,724,000 after acquiring an additional 139,600 shares in the last quarter. Seizert Capital Partners LLC lifted its stake in shares of Koppers by 209.4% in the fourth quarter. Seizert Capital Partners LLC now owns 112,401 shares of the specialty chemicals company’s stock valued at $3,044,000 after buying an additional 76,068 shares in the last quarter. Finally, JB Capital Partners LP bought a new position in shares of Koppers in the fourth quarter valued at $1,896,000. 92.75% of the stock is owned by institutional investors.

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.