Koppers (NYSE:KOP) Shares Cross Above 200-Day Moving Average – Time to Sell?

Koppers Holdings Inc. (NYSE:KOP)’s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $43.87 and traded as high as $47.45. Koppers shares last traded at $46.0590, with a volume of 141,370 shares.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KOP shares. Wall Street Zen downgraded Koppers from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings cut Koppers from a “hold (c+)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

Koppers Stock Performance

The firm’s 50 day simple moving average is $46.85 and its 200 day simple moving average is $43.91. The firm has a market capitalization of $837.99 million, a price-to-earnings ratio of -9.39 and a beta of 1.23. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33.

Koppers (NYSE:KOP) last released its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.25. The firm had revenue of $520.10 million for the quarter, compared to analyst estimates of $506.10 million. Koppers had a negative net margin of 4.59% and a positive return on equity of 14.98%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 earnings per share. Koppers has set its FY 2026 guidance at 3.800-4.200 EPS. Sell-side analysts forecast that Koppers Holdings Inc. will post 4.08 earnings per share for the current fiscal year.

Koppers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Friday, August 28th were paid a dividend of $0.09 per share. The ex-dividend date was Friday, August 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. Koppers’s dividend payout ratio (DPR) is presently -7.63%.

Insider Buying and Selling

In other news, SVP Stephen Lucas sold 1,308 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the completion of the transaction, the senior vice president owned 34,345 shares of the company’s stock, valued at $1,530,069.75. The trade was a 3.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Bradley Pearce sold 2,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the sale, the chief accounting officer owned 41,037 shares in the company, valued at $2,093,297.37. The trade was a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 97,808 shares of company stock worth $4,857,451. Corporate insiders own 7.28% of the company’s stock.

Institutional Investors Weigh In On Koppers

Hedge funds have recently bought and sold shares of the stock. State Street Corp grew its stake in shares of Koppers by 7.0% during the 2nd quarter. State Street Corp now owns 804,553 shares of the specialty chemicals company’s stock worth $36,124,000 after purchasing an additional 52,289 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Koppers by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 11,304 shares of the specialty chemicals company’s stock valued at $508,000 after purchasing an additional 5,744 shares during the period. Nykredit A S purchased a new stake in Koppers during the second quarter worth $31,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Koppers during the second quarter worth $445,000. Finally, Hsbc Holdings PLC grew its position in Koppers by 30.9% during the second quarter. Hsbc Holdings PLC now owns 11,095 shares of the specialty chemicals company’s stock valued at $504,000 after buying an additional 2,618 shares during the period. Hedge funds and other institutional investors own 92.75% of the company’s stock.

Koppers Company Profile

Koppers Holdings Inc is a global provider of treated wood products, carbon compounds and specialty chemicals used in infrastructure, transportation and industrial applications. The company’s products include railroad and utility poles, treated lumber, wood preservatives, carbon pitch and other chemicals used in aluminum production, construction, steelmaking and related industries.

Koppers serves railroads, utilities, aluminum producers, infrastructure contractors and industrial manufacturers.