Analysts Set RPM International Inc. (NYSE:RPM) Target Price at $124.10

RPM International Inc. (NYSE:RPM - Get Free Report) has received a consensus rating of "Moderate Buy" from the twelve research firms that are covering the firm, MarketBeat.com reports. Six investment 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 1-year price target among analysts that have issued ratings on the stock in the last year is $124.10.

Several equities analysts recently issued reports on the company. Evercore ISI raised RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. decreased their price objective 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. Morgan Stanley reduced their price target on shares of RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 9th. StockNews.com downgraded RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company cut their price target on RPM International from $140.00 to $116.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th.

Institutional Trading of RPM International

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its position in RPM International by 55.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock valued at $29,000 after buying an additional 84 shares in the last quarter. Crews Bank & Trust purchased a new stake in RPM International during the 4th quarter worth $37,000. Farther Finance Advisors LLC boosted its position 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 worth $52,000 after purchasing an additional 155 shares during the period. Fairway Wealth LLC raised its position in 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 purchasing an additional 390 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of RPM International by 148.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company's stock worth $66,000 after purchasing an additional 320 shares in the last quarter. Institutional investors and hedge funds own 80.95% of the company's stock.

RPM International Price Performance

Shares of RPM International stock traded down $0.03 during trading on Tuesday, reaching $103.14. The company's stock had a trading volume of 547,892 shares, compared to its average volume of 658,102. The business has a 50 day moving average price of $115.22 and a 200-day moving average price of $124.61. The company has a market capitalization of $13.25 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.97 and a beta of 1.06. 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 has a 12-month low of $95.28 and a 12-month high of $141.79.

RPM International (NYSE:RPM - Get Free Report) last announced its quarterly 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). RPM International had a net margin of 8.89% and a return on equity of 26.76%. The company had revenue of $1.48 billion during the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter in the prior year, the business earned $0.52 EPS. The business's revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that RPM International will post 5.5 EPS for the current year.

RPM International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.51 per share. The ex-dividend date is Thursday, April 17th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.98%. 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.