RPM International Inc. (NYSE:RPM) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give RPM a consensus rating of Moderate Buy from 16 firms (11 buys, 4 holds, 1 sell) with an average 1‑year price target of $128.
• RPM reported quarterly EPS of $1.20, missing the $1.41 consensus and posting revenue of $1.91 billion versus $1.94B expected, though revenue was up 3.5% year‑over‑year.
• The company pays a quarterly dividend of $0.54 (annualized $2.16) for a yield of about 2.1% and a payout ratio near 41.6%.

Shares of RPM International Inc. (NYSE:RPM - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $128.00.

A number of brokerages have recently commented on RPM. Royal Bank Of Canada raised RPM International from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $121.00 to $132.00 in a research report on Tuesday, December 9th. Robert W. Baird raised shares of RPM International from a "neutral" rating to an "outperform" rating and set a $125.00 price objective on the stock in a report on Wednesday. JPMorgan Chase & Co. upgraded shares of RPM International from a "neutral" rating to an "overweight" rating and cut their target price for the stock from $117.00 to $115.00 in a research report on Friday, January 9th. UBS Group reduced their target price on shares of RPM International from $127.00 to $119.00 and set a "neutral" rating for the company in a research note on Thursday, December 18th. Finally, KeyCorp restated a "sector weight" rating on shares of RPM International in a research note on Friday, January 9th.

RPM International Stock Performance

Shares of RPM stock opened at $104.94 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.45 and a current ratio of 2.22. The firm has a market cap of $13.44 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 2.62 and a beta of 1.09. RPM International has a 52 week low of $95.28 and a 52 week high of $129.12. The firm's 50-day simple moving average is $111.23 and its two-hundred day simple moving average is $112.77.

RPM International (NYSE:RPM - Get Free Report) last issued its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.21). RPM International had a return on equity of 22.49% and a net margin of 8.79%.The company had revenue of $1.91 billion for the quarter, compared to analysts' expectations of $1.94 billion. During the same quarter in the previous year, the business earned $1.39 EPS. The company's revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts forecast that RPM International will post 5.5 earnings per share for the current year.

RPM International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were given a dividend of $0.54 per share. The ex-dividend date was Friday, January 16th. This represents a $2.16 annualized dividend and a dividend yield of 2.1%. RPM International's dividend payout ratio is currently 41.62%.

Insider Activity at RPM International

In other news, VP Timothy R. Kinser sold 3,441 shares of the firm's stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $110.31, for a total value of $379,576.71. Following the completion of the transaction, the vice president directly owned 21,248 shares of the company's stock, valued at $2,343,866.88. This trade represents a 13.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by insiders.

Institutional Trading of RPM International

Institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new position in RPM International during the 3rd quarter valued at about $30,000. Versant Capital Management Inc grew its stake in RPM International by 48.6% during the third quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company's stock valued at $32,000 after acquiring an additional 90 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in RPM International during the 4th quarter worth approximately $37,000. Los Angeles Capital Management LLC bought a new stake in RPM International during the 4th quarter worth approximately $60,000. Finally, Rothschild Investment LLC lifted its stake in RPM International by 2,387.0% in the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company's stock worth $59,000 after purchasing an additional 549 shares in the last quarter. Hedge funds and other institutional investors own 80.95% of the company's stock.

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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