RPM International Inc. (NYSE:RPM) Receives Average Rating of “Moderate Buy” from Analysts

RPM International Inc. (NYSE:RPM) has been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $132.00.

A number of brokerages have issued reports on RPM. Mizuho decreased their price target on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. UBS Group lifted their target price on 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 research report on Tuesday, January 21st. Wells Fargo & Company upgraded shares of RPM International from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $134.00 to $140.00 in a report on Wednesday, January 8th. Finally, StockNews.com cut shares of RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

Hedge Funds Weigh In On RPM International

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its holdings in shares of RPM International by 55.3% during 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 during the period. Bradley Foster & Sargent Inc. CT boosted its stake in shares of RPM International by 4.0% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 3,434 shares of the specialty chemicals company’s stock valued at $423,000 after buying an additional 132 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of 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 buying an additional 155 shares during the period. ST Germain D J Co. Inc. grew its holdings 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 increased its stake in shares of RPM International by 1.3% in the fourth quarter. Plato Investment Management Ltd now owns 17,547 shares of the specialty chemicals company’s stock worth $2,167,000 after acquiring an additional 228 shares during the last quarter. Institutional investors and hedge funds own 80.95% of the company’s stock.

RPM International Trading Down 1.6 %

Shares of RPM stock opened at $113.98 on Friday. The firm has a market capitalization of $14.65 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23. RPM International has a 1 year low of $103.69 and a 1 year high of $141.79. The stock has a fifty day moving average of $122.59 and a two-hundred day moving average of $126.47.

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

RPM International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.04 dividend on an annualized basis and a yield of 1.79%. RPM International’s payout ratio is presently 40.32%.

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.