Barrington Research Reiterates Outperform Rating for Koppers (NYSE:KOP)

Koppers (NYSE:KOP)‘s stock had its “outperform” rating reissued by investment analysts at Barrington Research in a research report issued on Thursday,Benzinga reports. They presently have a $55.00 price target on the specialty chemicals company’s stock. Barrington Research’s price objective would indicate a potential upside of 47.63% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Zacks Research upgraded shares of Koppers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Wall Street Zen upgraded Koppers from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Weiss Ratings raised Koppers from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, January 29th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $52.50.

Koppers Stock Performance

Shares of KOP stock opened at $37.26 on Thursday. The stock has a market capitalization of $720.53 million, a PE ratio of 13.45, a PEG ratio of 0.99 and a beta of 1.30. The business’s 50 day simple moving average is $35.21 and its 200 day simple moving average is $30.59. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.94 and a quick ratio of 1.13. Koppers has a one year low of $22.99 and a one year high of $39.50.

Koppers (NYSE:KOP) last released its quarterly earnings results on Thursday, February 26th. The specialty chemicals company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.11. Koppers had a net margin of 2.98% and a return on equity of 15.47%. The firm had revenue of $432.70 million during the quarter, compared to analyst estimates of $445.00 million. During the same quarter last year, the business earned $0.77 EPS. The company’s revenue was down 9.3% compared to the same quarter last year. Koppers has set its FY 2026 guidance at 4.200-5.000 EPS. As a group, research analysts forecast that Koppers will post 4.24 earnings per share for the current year.

Insider Buying and Selling

In other Koppers news, CEO M Leroy Ball sold 2,489 shares of Koppers stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $37.91, for a total value of $94,357.99. Following the completion of the sale, the chief executive officer directly owned 447,459 shares of the company’s stock, valued at approximately $16,963,170.69. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.90% of the company’s stock.

Institutional Trading of Koppers

Large investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd raised its stake in Koppers by 1.1% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,423 shares of the specialty chemicals company’s stock worth $797,000 after buying an additional 308 shares during the period. Engineers Gate Manager LP grew its stake in Koppers by 0.7% in the fourth quarter. Engineers Gate Manager LP now owns 48,228 shares of the specialty chemicals company’s stock valued at $1,306,000 after acquiring an additional 332 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Koppers by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,602 shares of the specialty chemicals company’s stock valued at $325,000 after acquiring an additional 361 shares during the period. Federated Hermes Inc. increased its holdings in shares of Koppers by 0.6% during the third quarter. Federated Hermes Inc. now owns 65,695 shares of the specialty chemicals company’s stock valued at $1,839,000 after acquiring an additional 408 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Koppers by 0.9% during the fourth quarter. First Trust Advisors LP now owns 62,361 shares of the specialty chemicals company’s stock valued at $1,689,000 after acquiring an additional 567 shares in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

Koppers Company Profile

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.