RPM International (RPM) News Today

RPM International Inc. (NYSE: RPM) is receiving a positive boost from new analyst coverage by KeyCorp, although the firm’s near-term earnings estimates are mixed.

• Positive Sentiment: KeyCorp initiated coverage of RPM International with an “Overweight” rating and a $123 price target, implying approximately 22.7% upside from the reference price of $100.24. The bullish recommendation and sizable target premium are the primary catalysts supporting the stock. Tickerreport article
• Positive Sentiment: KeyCorp projects RPM’s earnings per share to rise from $5.90 in fiscal 2027 to $6.55 in fiscal 2028 and $7.15 in fiscal 2029. That longer-term earnings growth outlook reinforces the analyst’s constructive view of the specialty chemicals company.
• Neutral Sentiment: KeyCorp estimates quarterly fiscal 2027 EPS of $1.91 in the first quarter, $1.34 in the second, $0.62 in the third and $2.04 in the fourth, totaling about $5.90 for the year. The estimates suggest considerable seasonal variation in RPM’s results.
• Negative Sentiment: KeyCorp’s $5.90 fiscal 2027 EPS forecast is modestly below the current full-year consensus estimate of $6.00, which could limit the near-term upside if the company’s results or guidance fail to meet expectations.

RPM shares have recently traded near $100.24, below their 50-day and 200-day moving averages and closer to the lower end of their 12-month range. As a result, the new bullish coverage may be helping the stock recover, while investors will likely focus on whether future earnings can support KeyCorp’s projected multi-year growth.