Koppers (KOP) Projected to Post Quarterly Earnings on Thursday

Koppers (NYSE:KOP - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Koppers to post earnings of $0.95 per share and revenue of $497.00 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Koppers Price Performance

Shares of NYSE KOP traded down $0.38 during mid-day trading on Friday, reaching $30.20. 108,305 shares of the company traded hands, compared to its average volume of 85,121. Koppers has a fifty-two week low of $28.57 and a fifty-two week high of $58.23. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.54 and a quick ratio of 1.13. The firm has a market cap of $612.24 million, a PE ratio of 8.58 and a beta of 1.83. The stock has a fifty day simple moving average of $30.97 and a 200-day simple moving average of $34.79.

Koppers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 7th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from Koppers's previous quarterly dividend of $0.07. Koppers's dividend payout ratio (DPR) is currently 7.95%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Barrington Research reiterated an "outperform" rating and set a $64.00 price objective on shares of Koppers in a research note on Tuesday, November 12th. StockNews.com upgraded shares of Koppers from a "sell" rating to a "hold" rating in a research report on Monday, November 11th.

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.