Wall Street analysts predict that Koppers Holdings Inc. (NYSE:KOP) will announce $309.00 million in sales for the current quarter, Zacks reports. Two analysts have made estimates for Koppers’ earnings. The highest sales estimate is $318.70 million and the lowest is $299.30 million. Koppers reported sales of $313.20 million in the same quarter last year, which indicates a negative year over year growth rate of 1.3%. The business is scheduled to issue its next quarterly earnings report on Thursday, February 22nd.
According to Zacks, analysts expect that Koppers will report full year sales of $309.00 million for the current financial year, with estimates ranging from $1.41 billion to $1.45 billion. For the next year, analysts expect that the business will report sales of $1.45 billion per share, with estimates ranging from $1.44 billion to $1.47 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Koppers.
Koppers (NYSE:KOP) last released its earnings results on Thursday, November 9th. The specialty chemicals company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.55. The firm had revenue of $384.80 million during the quarter, compared to the consensus estimate of $363.00 million. Koppers had a return on equity of 119.06% and a net margin of 3.54%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 earnings per share.
Large investors have recently made changes to their positions in the business. Acadian Asset Management LLC acquired a new stake in Koppers during the 4th quarter valued at $141,000. LS Investment Advisors LLC raised its stake in Koppers by 314.0% during the 4th quarter. LS Investment Advisors LLC now owns 2,902 shares of the specialty chemicals company’s stock valued at $148,000 after purchasing an additional 2,201 shares during the period. Macquarie Group Ltd. acquired a new stake in Koppers during the 3rd quarter valued at $166,000. Victory Capital Management Inc. acquired a new position in shares of Koppers in the third quarter worth $195,000. Finally, Virtu KCG Holdings LLC acquired a new position in shares of Koppers in the second quarter worth $201,000. 88.45% of the stock is currently owned by institutional investors.
Shares of Koppers (KOP) opened at $39.65 on Monday. The firm has a market capitalization of $822.56, a P/E ratio of 17.16 and a beta of 0.85. The company has a debt-to-equity ratio of 6.08, a current ratio of 2.02 and a quick ratio of 1.13. Koppers has a 52-week low of $33.90 and a 52-week high of $51.80.
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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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