RPM International Inc. (NYSE:RPM) has earned an average rating of “Buy” from the fifteen brokerages that are currently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $87.63.

Several equities analysts have recently commented on the company. UBS Group boosted their price objective on RPM International from $77.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. TheStreet upgraded RPM International from a “c+” rating to a “b” rating in a research report on Monday, June 8th. BMO Capital Markets boosted their target price on RPM International from $80.00 to $101.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 28th. Northcoast Research reiterated a “neutral” rating on shares of RPM International in a research report on Monday, July 27th. Finally, Zacks Investment Research downgraded RPM International from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a research report on Wednesday, July 29th.

Shares of RPM International stock opened at $85.17 on Friday. The stock’s 50-day simple moving average is $84.19 and its 200-day simple moving average is $72.63. RPM International has a 52 week low of $42.85 and a 52 week high of $87.80. The company has a market capitalization of $11.07 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 1.50 and a beta of 1.13. The company has a quick ratio of 1.47, a current ratio of 2.22 and a debt-to-equity ratio of 1.94.

RPM International (NYSE:RPM) last announced its quarterly earnings data on Monday, July 27th. The specialty chemicals company reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.12. RPM International had a return on equity of 29.73% and a net margin of 5.53%. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the business earned $1.24 earnings per share. The business’s revenue was down 8.9% on a year-over-year basis. On average, equities analysts expect that RPM International will post 3.68 earnings per share for the current year.

In other RPM International news, SVP Edward W. Moore sold 6,618 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $81.11, for a total transaction of $536,785.98. Following the sale, the senior vice president now directly owns 62,186 shares of the company’s stock, valued at $5,043,906.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Frank C. Sullivan sold 39,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $84.69, for a total value of $3,302,910.00. Following the sale, the chief executive officer now directly owns 986,766 shares in the company, valued at $83,569,212.54. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FDx Advisors Inc. bought a new position in shares of RPM International during the first quarter valued at approximately $19,249,000. Whittier Trust Co. boosted its holdings in shares of RPM International by 3.8% in the second quarter. Whittier Trust Co. now owns 20,643 shares of the specialty chemicals company’s stock valued at $1,550,000 after purchasing an additional 750 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of RPM International by 39.1% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 8,274 shares of the specialty chemicals company’s stock valued at $621,000 after purchasing an additional 2,326 shares during the period. New York State Teachers Retirement System boosted its holdings in shares of RPM International by 2.4% in the second quarter. New York State Teachers Retirement System now owns 159,435 shares of the specialty chemicals company’s stock valued at $11,967,000 after purchasing an additional 3,700 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of RPM International by 4.8% in the second quarter. Janney Montgomery Scott LLC now owns 67,986 shares of the specialty chemicals company’s stock valued at $5,103,000 after purchasing an additional 3,140 shares during the period. 77.78% of the stock is currently owned by hedge funds and other institutional investors.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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Analyst Recommendations for RPM International (NYSE:RPM)

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