Koppers (NYSE:KOP) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Koppers Holdings Inc. (NYSE:KOP) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $42.90 and traded as high as $46.20. Koppers shares last traded at $46.01, with a volume of 115,952 shares changing hands.

Analyst Ratings Changes

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

Koppers Stock Up 3.0%

The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.01 and a current ratio of 2.33. The company has a market cap of $891.59 million, a PE ratio of -9.98, a PEG ratio of 11.28 and a beta of 1.23. The firm has a fifty day simple moving average of $47.87 and a 200 day simple moving average of $42.98.

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

Koppers Dividend Announcement

The business also recently declared 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 of this dividend was Friday, August 28th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Koppers’s dividend payout ratio (DPR) is currently -7.63%.

Insider Activity at Koppers

In related news, SVP Stephen G. Lucas sold 1,308 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $44.55, for a total value of $58,271.40. Following the transaction, the senior vice president directly owned 34,345 shares of the company’s stock, valued at approximately $1,530,069.75. This trade represents a 3.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Bradley A. Pearce sold 2,000 shares of Koppers stock in a transaction on Monday, August 10th. The shares were sold at an average price of $51.01, for a total value of $102,020.00. Following the completion of the transaction, 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. Insiders have sold 101,220 shares of company stock worth $5,007,238 in the last 90 days. Company insiders own 7.28% of the company’s stock.

Hedge Funds Weigh In On Koppers

Large investors have recently modified their holdings of the company. Assetmark Inc. bought a new position in Koppers in the 2nd quarter worth approximately $30,000. Nykredit A S bought a new stake in Koppers during the 2nd quarter valued at $31,000. Kestra Advisory Services LLC raised its stake in Koppers by 25.3% during the 1st quarter. Kestra Advisory Services LLC now owns 5,297 shares of the specialty chemicals company’s stock valued at $205,000 after acquiring an additional 1,070 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Koppers during the 2nd quarter worth $50,000. Finally, Allspring Global Investments Holdings LLC boosted its position in Koppers by 11.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 13,694 shares of the specialty chemicals company’s stock worth $530,000 after acquiring an additional 1,414 shares during the period. 92.75% of the stock is currently owned by hedge funds and other institutional investors.

About Koppers

Koppers Holdings Inc (NYSE:KOP) is a global provider of treated wood products, carbon compounds and related specialty chemicals. The company supplies materials and products used in railroad infrastructure, utility transmission and distribution, construction, and industrial applications.

Koppers’ product portfolio includes railroad crossties, utility poles, pilings, treated lumber and wood preservatives. Its carbon materials and chemicals operations produce products such as carbon pitch, creosote, naphthalene and phthalic anhydride, which are used in aluminum production, infrastructure preservation, resins, coatings and other industrial processes.