Koppers Holdings Inc. Koppers H (NYSE:KOP):
Koppers Holdings Inc. Schedules Third Quarter 2016 Conference Call.
The company is trading up from yesterday’s close of $31.85.
The stock last traded at $32.30 which is marginally over the 50 day moving average which is $31.82 and marginally over the 200 day moving average of $29.60. The 50 day moving average went up by +1.51% whereas the 200 day moving average was up $2.70 or +9.11%.
As of the latest earnings report the EPS was $-3.25 and is projected to be $2.16 for the current year with 20,652,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.28 and the next full year EPS is projected to be $2.66.
Investment firms have issued ratings on the company recently. On July 18 the company was set at “Neutral” in a report from Monness Crespi Hardt down from the previous “Buy” rating. Equity analyst Barrington Research began coverage of KOP with a rating of “Outperform” and establishing a price target of $39.00.
On March 14 the company was upgraded to “Buy” from “Neutral” in a report issued by Monness Crespi Hardt. On October 15 the stock rating was downgraded from “Overweight” to “Equal-weight” in a report from First Analysis.
On May 26, 2015 the stock rating was rated “Overweight” according to a First Analysis report which is up from the previous “Equal-weight” rating. May 11 investment analysts at Jefferies held the stock rating at “Hold” and raised the price target to $28.00 from $19.00.