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

Key Points

• Analysts maintain a “Moderate Buy” consensus on RPM International, with 10 buy ratings and four holds among 14 brokerages. The average 12-month price target is $126, above the stock’s reported $105.55 price.
• RPM reported quarterly EPS of $1.89, beating estimates of $1.83, while revenue rose 7.2% year over year to $2.23 billion, exceeding expectations.
• Institutional investors own 80.95% of RPM’s shares, and the company recently declared a quarterly dividend of $0.54, equivalent to a 2.0% annualized yield.

Shares of RPM International Inc. (NYSE:RPM - Get Free Report) have been assigned an average rating of "Moderate Buy" from the fourteen brokerages that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $126.00.

Several equities analysts have issued reports on the stock. UBS Group upgraded shares of RPM International from a "neutral" rating to a "buy" rating and upped their price objective for the company from $118.00 to $130.00 in a research note on Wednesday, May 27th. Morgan Stanley cut their target price on RPM International from $121.00 to $117.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 23rd. Citigroup boosted their target price on RPM International from $125.00 to $128.00 and gave the company a "buy" rating in a report on Friday, May 29th. Wall Street Zen cut RPM International from a "buy" rating to a "hold" rating in a research note on Saturday, August 22nd. Finally, BMO Capital Markets increased their price objective on RPM International from $143.00 to $151.00 and gave the company an "outperform" rating in a report on Thursday, July 23rd.

Institutional Trading of RPM International

A number of large investors have recently bought and sold shares of the business. Segall Bryant & Hamill LLC acquired a new stake in shares of RPM International during the first quarter worth about $6,963,000. Horizon Investments LLC purchased a new position in shares of RPM International during the fourth quarter worth about $1,373,000. PFA Pension Forsikringsaktieselskab acquired a new position in RPM International in the 4th quarter valued at about $54,307,000. Plato Investment Management Ltd acquired a new position in RPM International in the 2nd quarter valued at about $3,410,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in RPM International during the 2nd quarter valued at approximately $1,653,000. Institutional investors and hedge funds own 80.95% of the company's stock.

RPM International Stock Down 1.4%

RPM stock opened at $105.55 on Friday. The stock has a market cap of $13.47 billion, a P/E ratio of 20.46, a PEG ratio of 2.18 and a beta of 1.04. The company has a current ratio of 1.68, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64. RPM International has a twelve month low of $92.92 and a twelve month high of $128.51. The company's 50 day moving average is $109.14 and its two-hundred day moving average is $106.50.

RPM International (NYSE:RPM - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.06. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The business had revenue of $2.23 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter in the prior year, the business posted $1.72 EPS. The company's revenue for the quarter was up 7.2% on a year-over-year basis. Research analysts expect that RPM International will post 6 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 14th were given a $0.54 dividend. The ex-dividend date was Tuesday, July 14th. This represents a $2.16 annualized dividend and a yield of 2.0%. RPM International's dividend payout ratio is 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.

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