Koppers (NYSE:KOP) Releases FY 2025 Earnings Guidance

Koppers (NYSE:KOP) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 4.000-4.150 for the period, compared to the consensus estimate of 4.000. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Koppers Stock Performance

Shares of NYSE KOP traded down $1.08 during midday trading on Friday, hitting $26.76. The company’s stock had a trading volume of 210,346 shares, compared to its average volume of 156,939. The firm has a market capitalization of $527.68 million, a price-to-earnings ratio of 37.17 and a beta of 1.45. The stock has a fifty day moving average price of $28.07 and a 200 day moving average price of $29.81. Koppers has a one year low of $22.99 and a one year high of $39.83. The company has a current ratio of 2.60, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83.

Koppers (NYSE:KOP) last announced its earnings results on Friday, November 7th. The specialty chemicals company reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.04). Koppers had a net margin of 0.76% and a return on equity of 17.43%. The company had revenue of $485.30 million during the quarter, compared to analysts’ expectations of $516.50 million. During the same period in the prior year, the business earned $1.37 earnings per share. The company’s revenue for the quarter was down 12.4% compared to the same quarter last year. Koppers has set its FY 2025 guidance at 4.000-4.150 EPS. On average, research analysts forecast that Koppers will post 4.24 EPS for the current fiscal year.

Koppers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 16th. Investors of record on Friday, November 28th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, November 28th. Koppers’s dividend payout ratio is currently 44.44%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KOP. Weiss Ratings downgraded Koppers from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. Barrington Research restated an “outperform” rating and issued a $55.00 price target on shares of Koppers in a research report on Monday. Zacks Research upgraded shares of Koppers from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. Finally, B. Riley restated a “buy” rating and set a $50.00 price objective (down from $55.00) on shares of Koppers in a research report on Monday, August 11th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $52.50.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KOP. Tower Research Capital LLC TRC increased its stake in Koppers by 258.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,930 shares of the specialty chemicals company’s stock valued at $62,000 after purchasing an additional 1,391 shares in the last quarter. Quantbot Technologies LP lifted its position in Koppers by 95.6% during the second quarter. Quantbot Technologies LP now owns 2,130 shares of the specialty chemicals company’s stock valued at $68,000 after purchasing an additional 1,041 shares during the period. BNP Paribas Financial Markets grew its position in Koppers by 23.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,235 shares of the specialty chemicals company’s stock worth $104,000 after purchasing an additional 615 shares during the period. State of Wyoming boosted its stake in shares of Koppers by 59.0% in the second quarter. State of Wyoming now owns 6,090 shares of the specialty chemicals company’s stock worth $196,000 after buying an additional 2,261 shares during the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in Koppers in the second quarter valued at approximately $231,000. 92.75% of the stock is currently owned by hedge funds and other 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.