RPM International Inc. (NYSE:RPM) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of RPM International Inc. (NYSE:RPM - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the thirteen research firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $124.55.

RPM has been the subject of several research analyst reports. Royal Bank of Canada cut their target price on shares of RPM International from $126.00 to $116.00 and set a "sector perform" rating for the company in a research note on Thursday, April 10th. BMO Capital Markets boosted their price target on shares of RPM International from $126.00 to $140.00 and gave the company an "outperform" rating in a report on Friday. UBS Group lowered their price target on shares of RPM International from $113.00 to $110.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Wall Street Zen lowered shares of RPM International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley lowered their price target on shares of RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in RPM. EverSource Wealth Advisors LLC raised its stake in shares of RPM International by 55.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock worth $29,000 after acquiring an additional 84 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in RPM International by 43.4% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 390 shares of the specialty chemicals company's stock worth $45,000 after buying an additional 118 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in RPM International by 58.7% during the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock worth $52,000 after buying an additional 155 shares in the last quarter. Fairway Wealth LLC lifted its holdings in RPM International by 829.8% during the 4th quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company's stock worth $54,000 after buying an additional 390 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its holdings in RPM International by 148.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company's stock worth $66,000 after buying an additional 320 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

RPM International Stock Performance

Shares of NYSE:RPM traded up $0.85 during trading on Wednesday, reaching $115.48. The stock had a trading volume of 566,490 shares, compared to its average volume of 688,554. RPM International has a 52 week low of $95.28 and a 52 week high of $141.79. The firm has a market capitalization of $14.83 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 1.97 and a beta of 1.06. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $109.27 and a two-hundred day simple moving average of $119.64.

RPM International (NYSE:RPM - Get Free Report) last released its earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.15). The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.51 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. RPM International's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 earnings per share. As a group, analysts anticipate that RPM International will post 5.5 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Thursday, April 17th. RPM International's payout ratio is presently 40.88%.

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.