Zacks Research Issues Pessimistic Forecast for RPM Earnings

Key Points

• Zacks Research has lowered its Q3 2027 earnings per share estimate for RPM International to $0.60, down from a previous estimate of $0.78.
• RPM International reported better than expected quarterly earnings, with an EPS of $1.88 and revenue of $2.11 billion, exceeding consensus estimates.
• The company has declared an increased quarterly dividend of $0.54, reflecting a positive change from its previous dividend of $0.51.

RPM International Inc. (NYSE:RPM - Free Report) - Equities research analysts at Zacks Research reduced their Q3 2027 earnings per share estimates for shares of RPM International in a research report issued on Wednesday, October 15th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.78. The consensus estimate for RPM International's current full-year earnings is $5.50 per share.

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly earnings data on Wednesday, October 1st. The specialty chemicals company reported $1.88 EPS for the quarter, beating analysts' consensus estimates of $1.87 by $0.01. RPM International had a return on equity of 24.22% and a net margin of 9.16%.The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm earned $1.84 EPS. The company's quarterly revenue was up 7.4% compared to the same quarter last year.

A number of other analysts have also issued reports on the company. UBS Group increased their target price on RPM International from $126.00 to $127.00 and gave the company a "neutral" rating in a report on Wednesday, September 24th. Wells Fargo & Company increased their price objective on RPM International from $131.00 to $145.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Bank of America raised RPM International from a "neutral" rating to a "buy" rating and raised their price target for the company from $126.00 to $129.00 in a research report on Tuesday. Mizuho raised their price target on RPM International from $126.00 to $140.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, BMO Capital Markets increased their target price on shares of RPM International from $140.00 to $152.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $130.70.

RPM International Price Performance

RPM opened at $112.73 on Friday. The stock has a fifty day moving average of $121.12 and a 200-day moving average of $114.67. The firm has a market capitalization of $14.45 billion, a P/E ratio of 21.07, a PEG ratio of 2.06 and a beta of 1.03. RPM International has a 12-month low of $95.28 and a 12-month high of $141.79. The company has a quick ratio of 1.51, a current ratio of 2.26 and a debt-to-equity ratio of 0.87.

RPM International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, October 20th will be issued a $0.54 dividend. This is a positive change from RPM International's previous quarterly dividend of $0.51. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, October 20th. RPM International's dividend payout ratio (DPR) is presently 38.13%.

Insider Activity

In related news, Director Frederick R. Nance sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $119.36, for a total value of $119,360.00. Following the completion of the transaction, the director owned 7,394 shares in the company, valued at $882,547.84. The trade was a 11.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. grew its holdings in RPM International by 277.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 340 shares of the specialty chemicals company's stock worth $37,000 after acquiring an additional 250 shares during the period. Cary Street Partners Investment Advisory LLC grew 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 acquiring an additional 118 shares during the period. Curio Wealth LLC grew its holdings in RPM International by 65,900.0% during the 2nd quarter. Curio Wealth LLC now owns 660 shares of the specialty chemicals company's stock worth $72,000 after acquiring an additional 659 shares during the period. Farther Finance Advisors LLC grew its holdings in RPM International by 82.1% during the 1st quarter. Farther Finance Advisors LLC now owns 763 shares of the specialty chemicals company's stock worth $89,000 after acquiring an additional 344 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its holdings in RPM International by 71.8% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 919 shares of the specialty chemicals company's stock worth $106,000 after acquiring an additional 384 shares during the period. Institutional investors 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.

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