Koppers (NYSE:KOP) Posts Earnings Results, Misses Expectations By $0.18 EPS

Koppers (NYSE:KOP - Get Free Report) released its quarterly earnings results on Thursday. The specialty chemicals company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.95 by ($0.18), Zacks reports. Koppers had a return on equity of 16.71% and a net margin of 3.55%. The business had revenue of $477.00 million during the quarter, compared to analyst estimates of $497.00 million. Koppers updated its FY 2025 guidance to 4.750-4.750 EPS.

Koppers Price Performance

NYSE KOP traded down $1.22 during mid-day trading on Monday, hitting $27.89. The stock had a trading volume of 312,304 shares, compared to its average volume of 130,430. The firm's 50 day moving average is $30.88 and its 200 day moving average is $34.60. 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 stock has a market capitalization of $565.30 million, a price-to-earnings ratio of 7.92 and a beta of 1.83. Koppers has a twelve month low of $27.33 and a twelve month high of $56.96.

Koppers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Friday, March 7th. This is an increase from Koppers's previous quarterly dividend of $0.07. Koppers's dividend payout ratio (DPR) is 13.17%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KOP. Barrington Research reiterated an "outperform" rating and set a $64.00 target price on shares of Koppers in a research report on Monday, February 24th. StockNews.com raised shares of Koppers from a "sell" rating to a "hold" rating in a report on Monday, November 11th.

Koppers announced that its Board of Directors has approved a stock buyback program on Thursday, February 27th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the specialty chemicals company to purchase up to 16.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Koppers Company Profile

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.