RPM International (NYSE:RPM) Cut to Hold at StockNews.com

RPM International (NYSE:RPM - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday.

RPM has been the subject of a number of other reports. UBS Group raised their target price on shares of RPM International from $123.00 to $130.00 and gave the stock a "neutral" rating in a report on Thursday, December 19th. Evercore ISI upgraded shares of RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. reduced their target price on shares of RPM International from $126.00 to $124.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. Mizuho reduced their target price on shares of RPM International from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Finally, Wells Fargo & Company upgraded shares of RPM International from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $134.00 to $140.00 in a report on Wednesday, January 8th. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, RPM International has a consensus rating of "Moderate Buy" and a consensus target price of $132.00.

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RPM International Price Performance

Shares of NYSE RPM traded up $2.19 during mid-day trading on Tuesday, reaching $123.97. 1,023,532 shares of the company traded hands, compared to its average volume of 687,539. RPM International has a fifty-two week low of $103.68 and a fifty-two week high of $141.79. 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 firm has a market cap of $15.94 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01. The stock has a fifty day simple moving average of $123.82 and a 200-day simple moving average of $126.14.

RPM International (NYSE:RPM - Get Free Report) 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. 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 analyst estimates of $1.79 billion. During the same quarter last year, the business earned $1.22 earnings per share. The business's revenue for the quarter was up 3.0% on a year-over-year basis. Equities research analysts anticipate that RPM International will post 5.5 EPS for the current fiscal year.

Institutional Investors Weigh In On RPM International

A number of institutional investors have recently modified their holdings of RPM. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of RPM International by 2,975.6% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 200,742 shares of the specialty chemicals company's stock valued at $24,290,000 after buying an additional 194,215 shares during the period. Geode Capital Management LLC boosted its stake in shares of RPM International by 5.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,656,684 shares of the specialty chemicals company's stock valued at $320,851,000 after buying an additional 145,070 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of RPM International by 6.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,430,472 shares of the specialty chemicals company's stock valued at $176,034,000 after buying an additional 87,540 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of RPM International during the 4th quarter valued at $9,161,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of RPM International during the 4th quarter valued at $5,612,000. Institutional investors and hedge funds 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.