RPM International Inc. (NYSE:RPM) Receives $132.00 Consensus Price Target from Analysts

Shares of RPM International Inc. (NYSE:RPM) have been given an average recommendation of “Moderate Buy” by the eleven analysts that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $132.00.

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of RPM International from $126.00 to $124.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Evercore ISI raised shares of RPM International to a “strong-buy” rating in a research note on Tuesday, January 21st. Wells Fargo & Company raised shares of RPM International from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $134.00 to $140.00 in a research note on Wednesday, January 8th. Mizuho decreased their price objective on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. Finally, StockNews.com lowered shares of RPM International from a “buy” rating to a “hold” rating in a research note on Tuesday.

RPM International Stock Performance

RPM opened at $122.95 on Monday. The business’s 50 day moving average is $123.92 and its 200-day moving average is $126.09. The stock has a market cap of $15.81 billion, a PE ratio of 24.30, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01. The company has a current ratio of 2.23, a quick ratio of 1.46 and a debt-to-equity ratio of 0.74. RPM International has a twelve month low of $103.68 and a twelve month high of $141.79.

RPM International (NYSE:RPM) last posted its quarterly earnings data on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.05. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned $1.22 earnings per share. On average, analysts predict that RPM International will post 5.5 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Friday, January 17th. RPM International’s dividend payout ratio is 40.32%.

Institutional Trading of RPM International

Hedge funds have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV lifted its position in shares of RPM International by 61.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 82 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of RPM International by 55.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock worth $29,000 after purchasing an additional 84 shares during the period. Huntington National Bank lifted its holdings in RPM International by 1.0% during the third quarter. Huntington National Bank now owns 10,828 shares of the specialty chemicals company’s stock worth $1,310,000 after acquiring an additional 108 shares in the last quarter. Bradley Foster & Sargent Inc. CT lifted its holdings in RPM International by 4.0% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 3,434 shares of the specialty chemicals company’s stock worth $423,000 after acquiring an additional 132 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings 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 purchasing an additional 155 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

About RPM International

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.