RPM International Inc. (NYSE:RPM) Given Average Recommendation of "Moderate Buy" by Brokerages

RPM International Inc. (NYSE:RPM - Get Free Report) has earned an average rating of "Moderate Buy" from the eleven analysts that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $132.00.

Several brokerages have recently issued reports on RPM. Deutsche Bank Aktiengesellschaft upped their price target on RPM International from $132.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, October 3rd. BMO Capital Markets reaffirmed an "outperform" rating and issued a $149.00 target price (up previously from $139.00) on shares of RPM International in a research note on Thursday, October 3rd. Royal Bank of Canada boosted their price target on shares of RPM International from $120.00 to $126.00 and gave the stock a "sector perform" rating in a research note on Thursday, October 3rd. Morgan Stanley increased their price objective on shares of RPM International from $107.00 to $125.00 and gave the company an "equal weight" rating in a report on Friday, October 4th. Finally, StockNews.com raised shares of RPM International from a "hold" rating to a "buy" rating in a report on Monday, January 6th.

Insider Activity at RPM International

In other RPM International news, Director Frederick R. Nance sold 594 shares of RPM International stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $135.47, for a total transaction of $80,469.18. Following the completion of the transaction, the director now directly owns 8,526 shares of the company's stock, valued at $1,155,017.22. The trade was a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RPM. Creative Financial Designs Inc. ADV increased its stake in shares of RPM International by 61.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company's stock worth $26,000 after purchasing an additional 82 shares during the period. Christopher J. Hasenberg Inc acquired a new position in shares of RPM International in the third quarter valued at about $35,000. Crews Bank & Trust bought a new position in RPM International during the fourth quarter worth about $37,000. Eastern Bank acquired a new stake in RPM International in the 3rd quarter worth about $41,000. Finally, UMB Bank n.a. boosted its holdings in RPM International by 369.7% in the 3rd quarter. UMB Bank n.a. now owns 357 shares of the specialty chemicals company's stock valued at $43,000 after purchasing an additional 281 shares during the period. 80.95% of the stock is owned by institutional investors.

RPM International Price Performance

NYSE:RPM traded up $1.41 during mid-day trading on Thursday, reaching $127.57. 442,110 shares of the company were exchanged, compared to its average volume of 701,843. RPM International has a 12 month low of $103.63 and a 12 month high of $141.79. The company has a fifty day moving average of $129.14 and a 200 day moving average of $125.05. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74. The stock has a market cap of $16.40 billion, a PE ratio of 25.21, a PEG ratio of 2.03 and a beta of 1.02.

RPM International (NYSE:RPM - Get Free Report) last released its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.34 by $0.05. RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.79 billion. During the same period in the prior year, the firm earned $1.22 earnings per share. RPM International's revenue was up 3.0% compared to the same quarter last year. On average, research analysts anticipate that RPM International will post 5.51 EPS for the current fiscal year.

RPM International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, January 17th. RPM International's dividend payout ratio 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.