For its fourth fiscal quarter (ending December 31), Koppers Holdings Inc (NYSE: KOP) has reported a -7% decline in E.P.S. from $0.67 a year ago to $0.62 in the current quarter. This performance was $-0.10 short of the consensus estimate of $0.72. E.P.S. were $4.28 for the latest four quarters through December 31 versus $3.05 for the same period a year ago — an increase of 40%.
Recent Price Action
Koppers Holdings Inc (NYSE: KOP) stock enjoyed a very large increase of 7.6% on 2/28/24. The shares closed at $57.07. Moreover, this advance was accompanied by unusually high trading volume at 187% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.8% 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Koppers Holdings has a neutral Appreciation Score of 51 but a very high Power Rating of 93, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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