KOP Stock Summary and Trading Ideas (Koppers Hldgs | NYSE:KOP)

Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. The majority of its revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

Koppers Hldgs trades on the NYSE stock market under the symbol KOP.

As of May 10, 2024, KOP stock price climbed to $43.65 with 337,410 million shares trading.

KOP has a beta of 1.06, meaning it tends to be more sensitive to market movements. KOP has a correlation of 0.15 to the broad based SPY ETF.

KOP has a market cap of $925.39 million. This is considered a Small Cap stock.

Last quarter Koppers Hldgs reported $498 million in Revenue and $.62 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.05.

In the last 3 years, KOP stock traded as high as $58.23 and as low as $20.11.

The top ETF exchange traded funds that KOP belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

KOP has outperformed the market in the last year with a return of +38.2%, while the SPY ETF gained +27.8%. However, in the most recent history, KOP shares have underperformed the stock market with its stock returning -14.6% in the last 3 month period and -17.2% for the last 2 week period, while SPY has returned +4.2% and +2.5%, respectively.

KOP support price is $42.30 and resistance is $44.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KOP stock will trade within this expected range on the day.