Koppers Holdings Inc (NYSE: KOP) has recently experienced extremely important negative changes in investment behavior: its longer term price trend turned down, and the stock fell on very heavy volume.
Significant negative changes in fundamentals have recently occurred for Koppers Holdings Inc (NYSE: KOP): the stock’s power rating fell below 50, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Koppers Holdings has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 47, triggering the High Neutral Value Trend Rating.
Recent Price Action
On 6/28/24, Koppers Holdings Inc (NYSE: KOP) stock declined slightly by -0.6%, closing at $36.99. Moreover, exceptionally high trading volume at 207% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.8% during the last week.
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