Analysts Set RPM International Inc. (NYSE:RPM) PT at $132.00

Shares of RPM International Inc. (NYSE:RPM) have received an average rating of “Moderate Buy” from the eleven analysts that are covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $132.00.

RPM has been the subject of a number of research reports. UBS Group raised their price objective on RPM International from $123.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Mizuho reduced their price objective on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. reduced their price objective on RPM International from $126.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Wells Fargo & Company upgraded 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 report on Wednesday, January 8th. Finally, Evercore ISI upgraded RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st.

Institutional Investors Weigh In On RPM International

A number of hedge funds and other institutional investors have recently bought and sold shares of RPM. EverSource Wealth Advisors LLC increased its holdings in RPM International by 55.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 84 shares in the last quarter. Crews Bank & Trust acquired a new stake in RPM International during the 4th quarter valued at $37,000. Farther Finance Advisors LLC increased its holdings in RPM International by 58.7% during the 4th 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. Fairway Wealth LLC increased its holdings in RPM International by 829.8% during the 4th quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 390 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in RPM International by 148.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company’s stock valued at $66,000 after purchasing an additional 320 shares in the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

RPM International Price Performance

Shares of NYSE:RPM opened at $114.42 on Friday. The business has a 50 day moving average price of $122.46 and a 200 day moving average price of $126.61. RPM International has a twelve month low of $103.69 and a twelve month high of $141.79. The company has a market cap of $14.71 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 1.97 and a beta of 1.00. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74.

RPM International (NYSE:RPM) last announced its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.05. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the prior year, the company earned $1.22 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Research analysts predict that RPM International will post 5.5 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a dividend of $0.51 per share. The ex-dividend date was Friday, January 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.78%. RPM International’s dividend payout ratio (DPR) is presently 40.32%.

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.