RPM International Inc. (NYSE:RPM) Receives $122.10 Average PT from Analysts

RPM International Inc. (NYSE:RPM - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $122.10.

RPM has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price objective on RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th. Robert W. Baird dropped their price objective on RPM International from $125.00 to $110.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. Fermium Researc raised RPM International to a "hold" rating in a report on Wednesday, April 9th. StockNews.com lowered RPM International from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, BMO Capital Markets dropped their price objective on RPM International from $154.00 to $126.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th.

Institutional Trading of RPM International

Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its position 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 valued at $29,000 after acquiring an additional 84 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of RPM International in the fourth quarter valued at $37,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of RPM International by 43.4% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 390 shares of the specialty chemicals company's stock valued at $45,000 after acquiring an additional 118 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of RPM International by 58.7% in the fourth quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock valued at $52,000 after acquiring an additional 155 shares in the last quarter. Finally, Fairway Wealth LLC lifted its position in shares of RPM International by 829.8% in the fourth quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company's stock valued at $54,000 after acquiring an additional 390 shares in the last quarter. 80.95% of the stock is currently owned by hedge funds and other institutional investors.

RPM International Stock Performance

Shares of NYSE:RPM traded up $1.65 during trading on Friday, reaching $114.02. The company had a trading volume of 138,229 shares, compared to its average volume of 669,389. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 1.97 and a beta of 1.08. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. The stock's fifty day moving average price is $109.94 and its 200 day moving average price is $121.79. RPM International has a fifty-two week low of $95.28 and a fifty-two week high of $141.79.

RPM International (NYSE:RPM - Get Free Report) last released its earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.15). The company 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%. The company's revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.52 EPS. As a group, equities research analysts predict that RPM International will post 5.5 EPS for the current year.

RPM International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $2.04 dividend on an annualized basis and a yield of 1.79%. RPM International's payout ratio is 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.