RPM International (RPM) Set to Announce Quarterly Earnings on Thursday

RPM International (NYSE:RPM) will be issuing its quarterly earnings data before the market opens on Thursday, July 25th. Analysts expect the company to announce earnings of $1.56 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

RPM International Stock Performance

Shares of RPM International stock opened at $114.01 on Wednesday. The stock has a fifty day simple moving average of $110.51 and a 200 day simple moving average of $110.96. RPM International has a 12-month low of $88.84 and a 12-month high of $120.74. The company has a market capitalization of $14.68 billion, a P/E ratio of 26.27, a price-to-earnings-growth ratio of 1.64 and a beta of 1.00. The company has a current ratio of 2.29, a quick ratio of 1.39 and a debt-to-equity ratio of 0.93.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $1.84 annualized dividend and a yield of 1.61%. RPM International’s dividend payout ratio (DPR) is currently 42.40%.

Analysts Set New Price Targets

A number of brokerages have issued reports on RPM. Robert W. Baird upped their price objective on RPM International from $105.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday, April 5th. Wells Fargo & Company reduced their price objective on RPM International from $120.00 to $110.00 and set an “equal weight” rating for the company in a research note on Thursday, July 11th. BMO Capital Markets reduced their price objective on RPM International from $127.00 to $123.00 and set an “outperform” rating for the company in a research note on Friday, April 5th. UBS Group reduced their price objective on RPM International from $122.00 to $117.00 and set a “neutral” rating for the company in a research note on Tuesday, July 9th. Finally, Vertical Research upgraded RPM International from a “hold” rating to a “buy” rating and set a $126.00 price target for the company in a research note on Tuesday, July 16th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $116.10.

RPM International Company Profile

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.