RPM International Inc. (NYSE:RPM) Receives $124.10 Consensus Price Target from Brokerages

RPM International Inc. (NYSE:RPM) has been assigned a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $124.10.

RPM has been the subject of several analyst reports. StockNews.com downgraded RPM International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Morgan Stanley cut their price objective on shares of RPM International from $125.00 to $113.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 9th. UBS Group upped 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. Mizuho cut their price target 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, Fermium Researc raised shares of RPM International to a “hold” rating in a report on Wednesday, April 9th.

Hedge Funds Weigh In On RPM International

Institutional investors have recently modified their holdings of the company. Toronto Dominion Bank boosted its stake in RPM International by 33.0% in the third quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company’s stock worth $1,982,000 after buying an additional 4,062 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of RPM International in the 3rd quarter valued at $1,295,000. GAMMA Investing LLC raised its position in RPM International by 12.8% in the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the specialty chemicals company’s stock worth $269,000 after purchasing an additional 247 shares during the period. Pensionfund Sabic bought a new stake in RPM International in the fourth quarter worth $1,354,000. Finally, ST Germain D J Co. Inc. boosted its position in RPM International by 7.6% during the fourth quarter. ST Germain D J Co. Inc. now owns 3,066 shares of the specialty chemicals company’s stock valued at $377,000 after buying an additional 216 shares during the period. 80.95% of the stock is currently owned by institutional investors.

RPM International Price Performance

RPM opened at $103.14 on Tuesday. The firm has a 50-day moving average price of $115.60 and a 200-day moving average price of $124.74. RPM International has a twelve month low of $95.28 and a twelve month high of $141.79. 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 company has a market capitalization of $13.25 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.97 and a beta of 1.06.

RPM International (NYSE:RPM) last released its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.15). RPM International had a net margin of 8.89% and a return on equity of 26.76%. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the firm posted $0.52 earnings per share. The firm’s quarterly revenue was down 3.0% on a year-over-year basis. Equities analysts expect that RPM International will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, April 17th. RPM International’s dividend payout ratio (DPR) is currently 40.88%.

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.