RPM International Inc. (NYSE:RPM) Receives $127.42 Average Price Target from Analysts

Shares of RPM International Inc. (NYSE:RPM) have earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $127.4167.

RPM has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wall Street Zen upgraded shares of RPM International from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. BMO Capital Markets lowered their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. UBS Group upgraded shares of RPM International from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $118.00 to $130.00 in a research note on Wednesday, May 27th. Finally, Bank of America lowered their target price on shares of RPM International from $128.00 to $125.00 and set a “buy” rating for the company in a research note on Thursday, April 9th.

Hedge Funds Weigh In On RPM International

Several large investors have recently bought and sold shares of the stock. Lazard Asset Management LLC boosted its stake in RPM International by 5.8% in the second quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock valued at $184,000 after acquiring an additional 93 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in RPM International by 21.2% in the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock valued at $73,000 after acquiring an additional 108 shares in the last quarter. LRI Investments LLC boosted its stake in RPM International by 6.6% in the fourth quarter. LRI Investments LLC now owns 1,752 shares of the specialty chemicals company’s stock valued at $182,000 after acquiring an additional 108 shares in the last quarter. First American Bank boosted its stake in RPM International by 4.9% in the fourth quarter. First American Bank now owns 2,360 shares of the specialty chemicals company’s stock valued at $245,000 after acquiring an additional 110 shares in the last quarter. Finally, Beese Fulmer Investment Management Inc. boosted its stake in RPM International by 2.0% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 5,894 shares of the specialty chemicals company’s stock valued at $613,000 after acquiring an additional 114 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Stock Performance

Shares of RPM stock opened at $109.51 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81. The firm has a fifty day moving average price of $103.74 and a 200 day moving average price of $105.99. The company has a market cap of $13.98 billion, a P/E ratio of 21.10, a PEG ratio of 2.54 and a beta of 1.04. RPM International has a 12 month low of $92.92 and a 12 month high of $129.12.

RPM International (NYSE:RPM) last issued its earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.20. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.55 billion. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Sell-side analysts predict that RPM International will post 5.46 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 2.0%. The ex-dividend date was Thursday, April 16th. RPM International’s dividend payout ratio is currently 41.62%.

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.