Koppers Holdings (KOP) Given Daily News Impact Rating of 0.21
News articles about Koppers Holdings (NYSE:KOP) have been trending somewhat positive recently, according to AlphaOne. The research firm, a division of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Koppers Holdings earned a media sentiment score of 0.21 on AlphaOne’s scale. AlphaOne also assigned media headlines about the specialty chemicals company an impact score of 67 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near term.
Shares of Koppers Holdings (NYSE:KOP) traded down 0.67% during trading on Monday, reaching $37.30. The company’s stock had a trading volume of 94,510 shares. The company has a market cap of $776.06 million, a PE ratio of 22.93 and a beta of 0.92. The stock’s 50 day moving average price is $40.68 and its 200 day moving average price is $40.85. Koppers Holdings has a 52 week low of $24.36 and a 52 week high of $45.85.
Koppers Holdings (NYSE:KOP) last posted its quarterly earnings results on Friday, May 5th. The specialty chemicals company reported $0.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.33. The firm had revenue of $346.60 million for the quarter, compared to analyst estimates of $327.10 million. Koppers Holdings had a positive return on equity of 1,225.00% and a negative net margin of 4.42%. The business’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.28 EPS. Equities research analysts predict that Koppers Holdings will post $2.92 EPS for the current year.
KOP has been the topic of several analyst reports. Zacks Investment Research upgraded Koppers Holdings from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Wednesday, April 5th. Barrington Research increased their price target on Koppers Holdings from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Monday, May 8th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Koppers Holdings currently has a consensus rating of “Hold” and an average price target of $45.25.
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In other Koppers Holdings news, SVP Thomas D. Loadman sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $38.92, for a total transaction of $389,200.00. Following the transaction, the senior vice president now owns 48,927 shares of the company’s stock, valued at approximately $1,904,238.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Thomas D. Loadman sold 3,381 shares of the business’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $44.85, for a total value of $151,637.85. Following the transaction, the senior vice president now directly owns 39,438 shares in the company, valued at approximately $1,768,794.30. The disclosure for this sale can be found here. Insiders have sold a total of 19,881 shares of company stock worth $827,618 in the last ninety days. Insiders own 4.69% of the company’s stock.
About Koppers Holdings
Koppers Holdings Inc is a global integrated provider of treated wood products, wood treatment chemicals and carbon compounds. The Company operates through three segments: Railroad and Utility Products and Services (RUPS), Carbon Materials and Chemicals (CMC) and Performance Chemicals (PC). The RUPS business sells treated and untreated wood products, rail joint bars and services primarily to the railroad markets.
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