RPM International Inc. (NYSE:RPM) Receives Consensus Rating of “Hold” from Brokerages

RPM International Inc. (NYSE:RPMGet Free Report) has received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $115.11.

A number of brokerages have recently commented on RPM. UBS Group increased their price target on shares of RPM International from $121.00 to $122.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Mizuho increased their target price on shares of RPM International from $128.00 to $136.00 and gave the company a “buy” rating in a report on Friday, April 5th. Robert W. Baird increased their target price on shares of RPM International from $105.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, April 5th. Finally, BMO Capital Markets reduced their target price on shares of RPM International from $127.00 to $123.00 and set an “outperform” rating on the stock in a report on Friday, April 5th.

View Our Latest Analysis on RPM International

Institutional Investors Weigh In On RPM International

A number of large investors have recently added to or reduced their stakes in RPM. Cary Street Partners Investment Advisory LLC lifted its position in shares of RPM International by 6.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,375 shares of the specialty chemicals company’s stock worth $225,000 after purchasing an additional 135 shares during the period. Covestor Ltd lifted its position in shares of RPM International by 274.8% in the 3rd quarter. Covestor Ltd now owns 566 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 415 shares during the period. California State Teachers Retirement System lifted its position in shares of RPM International by 2.6% in the 3rd quarter. California State Teachers Retirement System now owns 224,171 shares of the specialty chemicals company’s stock worth $21,254,000 after purchasing an additional 5,610 shares during the period. Lazard Asset Management LLC lifted its position in shares of RPM International by 1,942.6% in the 3rd quarter. Lazard Asset Management LLC now owns 5,944 shares of the specialty chemicals company’s stock worth $562,000 after purchasing an additional 5,653 shares during the period. Finally, Kennedy Capital Management LLC lifted its position in shares of RPM International by 6.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 32,172 shares of the specialty chemicals company’s stock worth $3,050,000 after purchasing an additional 2,035 shares during the period. Institutional investors own 80.95% of the company’s stock.

RPM International Stock Performance

NYSE RPM opened at $111.39 on Wednesday. The company’s 50 day simple moving average is $110.52 and its two-hundred day simple moving average is $111.07. The stock has a market capitalization of $14.34 billion, a PE ratio of 25.67, a P/E/G ratio of 1.55 and a beta of 1.03. RPM International has a 1 year low of $82.00 and a 1 year high of $120.74. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.29 and a quick ratio of 1.39.

RPM International (NYSE:RPMGet Free Report) last issued its quarterly earnings results on Thursday, April 4th. The specialty chemicals company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.52 billion. RPM International had a net margin of 7.61% and a return on equity of 26.72%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. Analysts predict that RPM International will post 4.95 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, April 19th were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Thursday, April 18th. RPM International’s dividend payout ratio (DPR) is presently 42.40%.

RPM International Company Profile

(Get Free Report

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.

See Also

Analyst Recommendations for RPM International (NYSE:RPM)

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