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

Shares of RPM International Inc. (NYSE:RPM - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirteen analysts that are currently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $123.27.

A number of research analysts have issued reports on RPM shares. Wall Street Zen lowered RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Robert W. Baird decreased their target price on shares of RPM International from $125.00 to $110.00 and set a "neutral" rating for the company in a research report on Wednesday, April 9th. Citigroup assumed coverage on shares of RPM International in a research note on Monday. They set a "buy" rating and a $135.00 target price on the stock. Wells Fargo & Company dropped their price target on shares of RPM International from $140.00 to $116.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Finally, UBS Group decreased their price objective on shares of RPM International from $113.00 to $110.00 and set a "neutral" rating for the company in a report on Thursday, April 24th.

RPM International Stock Performance

Shares of RPM stock traded down $0.89 during trading hours on Wednesday, reaching $114.62. The stock had a trading volume of 940,447 shares, compared to its average volume of 738,849. The firm has a market capitalization of $14.72 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 1.97 and a beta of 1.06. The firm has a 50-day simple moving average of $109.32 and a 200-day simple moving average of $119.93. RPM International has a twelve month low of $95.28 and a twelve month high of $141.79. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46.

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly 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 firm had revenue of $1.48 billion during 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 business posted $0.52 EPS. 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 disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were paid a $0.51 dividend. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $2.04 annualized dividend and a yield of 1.78%. RPM International's dividend payout ratio is presently 40.88%.

Institutional Trading of RPM International

A number of institutional investors have recently bought and sold shares of RPM. Strs Ohio acquired a new position in shares of RPM International during the 1st quarter valued at about $1,507,000. United Services Automobile Association acquired a new position in RPM International in the 1st quarter valued at $948,000. Amundi raised its holdings in RPM International by 2.3% in the 1st quarter. Amundi now owns 169,954 shares of the specialty chemicals company's stock worth $19,135,000 after acquiring an additional 3,788 shares during the period. Baird Financial Group Inc. lifted its position in RPM International by 6.3% during the 1st quarter. Baird Financial Group Inc. now owns 278,384 shares of the specialty chemicals company's stock worth $32,204,000 after acquiring an additional 16,549 shares during the last quarter. Finally, Keeley Teton Advisors LLC boosted its holdings in RPM International by 1.1% during the first quarter. Keeley Teton Advisors LLC now owns 14,727 shares of the specialty chemicals company's stock valued at $1,704,000 after acquiring an additional 155 shares during the period. Institutional investors and hedge funds own 80.95% of the company's stock.

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.