RPM International Inc. (NYSE:RPM) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of RPM International Inc. (NYSE:RPM) have been given an average rating of “Moderate Buy” by the eleven ratings firms that are covering the firm, MarketBeat.com reports. Five equities research 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 target among analysts that have issued ratings on the stock in the last year is $132.00.

RPM has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target 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. StockNews.com raised shares of RPM International from a “hold” rating to a “buy” rating in a research report on Monday, January 6th. Mizuho dropped their price target on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. UBS Group raised their price target on shares of RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th. Finally, Evercore ISI raised shares of RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st.

RPM International Trading Down 1.6 %

NYSE:RPM opened at $121.13 on Monday. The company has a current ratio of 2.23, a quick ratio of 1.46 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $15.57 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 1.97 and a beta of 1.01. The firm has a fifty day simple moving average of $124.40 and a two-hundred day simple moving average of $126.01. RPM International has a 12 month low of $103.68 and a 12 month high of $141.79.

RPM International (NYSE:RPM) last released its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share 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 company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same period last year, the firm earned $1.22 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Analysts expect that RPM International will post 5.5 EPS for the current fiscal year.

RPM International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, January 17th. RPM International’s dividend payout ratio (DPR) is currently 40.32%.

Institutional Trading of RPM International

Several hedge funds and other institutional investors have recently modified their holdings of the business. Putney Financial Group LLC bought a new stake in shares of RPM International in the fourth quarter valued at approximately $308,000. Strive Asset Management LLC bought a new stake in shares of RPM International in the fourth quarter valued at approximately $686,000. Cary Street Partners Financial LLC bought a new stake in shares of RPM International in the fourth quarter valued at approximately $312,000. Baird Financial Group Inc. raised its position in shares of RPM International by 0.5% in the fourth quarter. Baird Financial Group Inc. now owns 261,835 shares of the specialty chemicals company’s stock valued at $32,221,000 after purchasing an additional 1,416 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of RPM International by 14.4% in the fourth quarter. BNP Paribas Financial Markets now owns 59,112 shares of the specialty chemicals company’s stock valued at $7,274,000 after purchasing an additional 7,451 shares during the period. 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.