Although this slump was obviously disappointing, this carbon compounds and commercial wood treatment producer has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for KOP. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
KOP currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the same sector include Compass Minerals International Inc. (CMP), Celanese Corporation (CE) and Kronos Worldwide, Inc. (KRO). While Compass Minerals sports a Zacks Rank #1 (Strong Buy), Celanese Corp and Kronos hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment