RPM International VP Edward W. Moore Sells 3,197 Shares (RPM)
RPM International (NYSE:RPM) VP Edward W. Moore sold 3,197 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $37.89, for a total transaction of $121,134.33. Following the completion of the sale, the vice president now directly owns 66,678 shares of the company’s stock, valued at approximately $2,526,429. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
RPM International (NYSE:RPM) traded up 0.08% during mid-day trading on Wednesday, hitting $38.03. The stock had a trading volume of 1,140,249 shares. RPM International has a 1-year low of $29.11 and a 1-year high of $43.86. The stock’s 50-day moving average is $41.19 and its 200-day moving average is $38.01. The company has a market cap of $5.065 billion and a price-to-earnings ratio of 26.63.
RPM International (NYSE:RPM) last released its earnings data on Wednesday, January 8th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. Analysts expect that RPM International will post $2.11 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of RPM International in a research note to investors on Thursday, January 9th. They now have a $42.00 price target on the stock, up previously from $41.00. Separately, analysts at Robert W. Baird raised their price target on shares of RPM International from $40.00 to $45.00 in a research note to investors on Thursday, January 9th. Finally, analysts at Zacks upgraded shares of RPM International from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, December 26th. They now have a $44.60 price target on the stock. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $42.72.
RPM International Inc (NYSE:RPM), through its subsidiaries manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives.
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