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PITTSBURGH—Ball (NYSE:BALL) M Leroy, CEO of Koppers Holdings Inc . (NYSE:KOP), recently sold a total of 3,784 shares of the company’s common stock. The transactions, executed on March 19, 2025, amounted to a total value of $110,768. The sale comes at a time when the stock trades at an attractive P/E ratio of 11.8x and shows strong financial health metrics according to InvestingPro analysis.
The shares were sold at prices ranging from $29.15 to $30.07. Following these transactions, Leroy retains ownership of 361,512 shares. The stock has experienced significant volatility, currently trading roughly 48% below its 52-week high of $56.95.
The sales were disclosed in a filing with the Securities and Exchange Commission, ensuring transparency for investors and stakeholders. Koppers Holdings, headquartered in Pittsburgh, is a key player in the lumber and wood products industry, generating over $2 billion in revenue over the last twelve months with a healthy current ratio of 2.09x. Detailed analysis and additional insights are available in the comprehensive Pro Research Report on InvestingPro.
In other recent news, Koppers Holdings Inc. reported its fourth-quarter 2024 earnings, which showed a significant miss on both earnings per share (EPS) and revenue forecasts. The company reported an EPS of $0.77, below the anticipated $0.91, while revenue reached $477 million, falling short of the $509.23 million forecast. This underperformance was part of a broader trend for the year, with full-year sales dipping by 3% to $2.09 billion compared to 2023. Despite the setbacks, Koppers projects a 4% increase in sales for 2025, aiming for $2.17 billion, alongside an expected 7% improvement in adjusted EBITDA. Analysts from B. Riley FBR and Barrington Research have been inquiring about the company’s strategy to regain market share and expand in the utility market. Additionally, Koppers has announced plans for a virtual investor day, where it will unveil details of its strategic plan. The company is also focusing on reducing its workforce to cut costs, projecting over $10 million in savings for the upcoming year.
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