Koppers Holdings Inc (NYSE: KOP) has reported E.P.S. of $0.61 for its first fiscal quarter (ending March 31) versus $1.22 for the same period a year ago — a decline of -50%. This performance was $-0.13 short of the consensus estimate of $0.74. For the latest four quarters through March 31, E.P.S. were $3.67 compared to $3.36 a year ago — an increase of 9%.
Recent Price Action
On 5/3/24, Koppers Holdings Inc (NYSE: KOP) stock suffered a major decline of -16.9%, closing at $43.97. Moreover, trading volume in this decline was exceptionally high at 250% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -17.9% during the last week.
Current PriceTarget Research Rating
KOP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Koppers Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Koppers Holdings has a slightly positive Appreciation Score of 61 and a good Power Rating of 82, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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