Analysts expect Koppers Holdings Inc. (NYSE:KOP) to post $309.00 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Koppers’ earnings, with the highest sales estimate coming in at $318.70 million and the lowest estimate coming in at $299.30 million. Koppers reported sales of $313.20 million in the same quarter last year, which would suggest a negative year over year growth rate of 1.3%. The company is expected to issue its next earnings results on Thursday, February 22nd.
On average, analysts expect that Koppers will report full-year sales of $309.00 million for the current year, with estimates ranging from $1.41 billion to $1.45 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $1.45 billion per share, with estimates ranging from $1.44 billion to $1.47 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Koppers.
Koppers (NYSE:KOP) last announced its earnings results on Thursday, November 9th. The specialty chemicals company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.55. The business had revenue of $384.80 million during the quarter, compared to analyst estimates of $363.00 million. Koppers had a net margin of 3.54% and a return on equity of 119.06%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 EPS.
Shares of Koppers (KOP) traded down $0.65 on Tuesday, reaching $49.45. 86,010 shares of the company’s stock were exchanged, compared to its average volume of 99,800. The stock has a market cap of $1,030.00, a price-to-earnings ratio of 20.95, a PEG ratio of 0.73 and a beta of 1.02. The company has a debt-to-equity ratio of 6.08, a quick ratio of 1.13 and a current ratio of 2.02. Koppers has a 1-year low of $33.90 and a 1-year high of $51.80.
Large investors have recently bought and sold shares of the company. Macquarie Group Ltd. purchased a new stake in shares of Koppers in the 3rd quarter worth $166,000. Victory Capital Management Inc. purchased a new stake in shares of Koppers in the 3rd quarter worth $195,000. Piedmont Investment Advisors LLC purchased a new stake in shares of Koppers in the 3rd quarter worth $209,000. Barings LLC purchased a new stake in shares of Koppers in the 3rd quarter worth $212,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Koppers in the 3rd quarter worth $246,000. Hedge funds and other institutional investors own 89.26% of the company’s stock.
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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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