RPM International Inc. (NYSE:RPM) Receives Average Recommendation of “Moderate Buy” from Analysts

RPM International Inc. (NYSE:RPM) has received a consensus recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $126.00.

Several equities research analysts have issued reports on the company. Morgan Stanley lowered their price target on RPM International from $121.00 to $117.00 and set an “equal weight” rating for the company in a report on Thursday, July 23rd. Wall Street Zen upgraded RPM International from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. UBS Group upgraded RPM International from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $118.00 to $130.00 in a research report on Wednesday, May 27th. Bank of America increased their target price on RPM International from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets raised their target price on shares of RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd.

Institutional Investors Weigh In On RPM International

Several institutional investors have recently added to or reduced their stakes in RPM. Ares Financial Consulting LLC bought a new position in RPM International during the 4th quarter worth about $37,000. Rothschild Investment LLC lifted its holdings in shares of RPM International by 2,387.0% in the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 549 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of RPM International in the fourth quarter valued at about $60,000. USA Financial Formulas acquired a new position in shares of RPM International during the first quarter worth about $67,000. Finally, Resources Management Corp CT ADV grew its holdings in shares of RPM International by 21,566.7% during the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after buying an additional 647 shares in the last quarter. 80.95% of the stock is owned by institutional investors.

RPM International Price Performance

Shares of RPM stock opened at $117.21 on Monday. The company has a quick ratio of 1.16, a current ratio of 1.68 and a debt-to-equity ratio of 0.64. RPM International has a 12-month low of $92.92 and a 12-month high of $129.12. The firm has a fifty day moving average of $107.81 and a 200-day moving average of $106.43. The firm has a market capitalization of $14.97 billion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 2.39 and a beta of 1.04.

RPM International (NYSE:RPM) last issued its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.83 by $0.06. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.18 billion. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.72 EPS. On average, equities research analysts forecast that RPM International will post 6.02 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a $2.16 annualized dividend and a dividend yield of 1.8%. RPM International’s dividend payout ratio is currently 41.86%.

RPM International Company Profile

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.