RPM International Inc. (NYSE:RPM) Receives $132.00 Average PT from Analysts

RPM International Inc. (NYSE:RPM - Get Free Report) has received an average rating of "Moderate Buy" from the eleven brokerages that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $132.00.

A number of equities analysts have recently commented on the stock. Evercore ISI raised shares of RPM International to a "strong-buy" rating in a research note on Tuesday, January 21st. StockNews.com lowered RPM International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their target price 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 target price for the company from $134.00 to $140.00 in a report on Wednesday, January 8th. Finally, Mizuho decreased their price target on RPM International from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th.

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RPM International Trading Up 2.1 %

RPM stock traded up $2.38 during trading on Friday, reaching $116.65. 775,365 shares of the stock traded hands, compared to its average volume of 621,138. The firm has a market capitalization of $15.00 billion, a PE ratio of 23.05, a P/E/G ratio of 1.97 and a beta of 1.00. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. The business's 50 day moving average price is $122.46 and its 200-day moving average price is $126.61. RPM International has a 52-week low of $103.69 and a 52-week high of $141.79.

RPM International (NYSE:RPM - Get Free Report) last issued its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.05. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The business had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.79 billion. During the same quarter in the previous year, the business earned $1.22 EPS. The company's revenue for the quarter was up 3.0% on a year-over-year basis. As a group, sell-side analysts forecast that RPM International will post 5.5 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.04 annualized dividend and a yield of 1.75%. RPM International's dividend payout ratio is presently 40.32%.

Institutional Investors Weigh In On RPM International

Several hedge funds and other institutional investors have recently modified their holdings of RPM. EverSource Wealth Advisors LLC grew its stake in RPM International by 55.3% in 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 in the last quarter. Bradley Foster & Sargent Inc. CT grew its position in shares of RPM International by 4.0% in the 4th 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. Farther Finance Advisors LLC increased its holdings in shares of RPM International by 58.7% in the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock valued at $52,000 after acquiring an additional 155 shares during the last quarter. ST Germain D J Co. Inc. raised its position in shares of RPM International by 7.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 3,066 shares of the specialty chemicals company's stock valued at $377,000 after acquiring an additional 216 shares in the last quarter. Finally, Plato Investment Management Ltd lifted its stake in RPM International by 1.3% during the fourth quarter. Plato Investment Management Ltd now owns 17,547 shares of the specialty chemicals company's stock worth $2,167,000 after purchasing an additional 228 shares during the last quarter. Institutional investors own 80.95% of the company's stock.

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.