RPM International Inc. (NYSE:RPM) has received an average recommendation of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $57.86.

RPM has been the topic of several recent research reports. TheStreet upgraded RPM International from a “c+” rating to a “b-” rating in a report on Tuesday, December 5th. Zacks Investment Research upgraded RPM International from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a report on Tuesday. Finally, Royal Bank of Canada restated a “hold” rating and set a $51.00 price target on shares of RPM International in a report on Wednesday, November 15th.

In other RPM International news, insider Ronald A. Rice sold 44,839 shares of the stock in a transaction on Tuesday, October 17th. The stock was sold at an average price of $51.83, for a total value of $2,324,005.37. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Edward W. Moore sold 2,578 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $53.79, for a total value of $138,670.62. Following the completion of the sale, the senior vice president now owns 98,417 shares in the company, valued at approximately $5,293,850.43. The disclosure for this sale can be found here. Company insiders own 2.10% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC increased its stake in RPM International by 2.7% in the second quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company’s stock worth $119,000 after purchasing an additional 57 shares during the period. Flinton Capital Management LLC grew its position in shares of RPM International by 52.1% during the 2nd quarter. Flinton Capital Management LLC now owns 6,864 shares of the specialty chemicals company’s stock worth $374,000 after buying an additional 2,352 shares in the last quarter. Riverhead Capital Management LLC grew its position in shares of RPM International by 52.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 7,623 shares of the specialty chemicals company’s stock worth $416,000 after buying an additional 2,623 shares in the last quarter. Albion Financial Group UT grew its position in shares of RPM International by 1.1% during the 2nd quarter. Albion Financial Group UT now owns 8,583 shares of the specialty chemicals company’s stock worth $468,000 after buying an additional 95 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of RPM International during the 2nd quarter worth $526,000. Institutional investors and hedge funds own 75.44% of the company’s stock.

RPM International (NYSE RPM) traded up $0.69 during trading hours on Friday, reaching $53.59. The company had a trading volume of 898,900 shares, compared to its average volume of 1,498,313. RPM International has a one year low of $47.87 and a one year high of $56.69. The stock has a market cap of $7,130.00, a price-to-earnings ratio of 21.18, a PEG ratio of 2.34 and a beta of 1.53. The company has a quick ratio of 1.42, a current ratio of 2.23 and a debt-to-equity ratio of 1.17.

RPM International (NYSE:RPM) last released its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.11. RPM International had a return on equity of 25.05% and a net margin of 6.80%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the prior year, the firm posted $0.52 EPS. RPM International’s quarterly revenue was up 10.5% compared to the same quarter last year. analysts anticipate that RPM International will post 2.96 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $1.28 dividend on an annualized basis and a yield of 2.39%. RPM International’s payout ratio is 50.59%.

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RPM International Company Profile

RPM International Inc, through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Company operates through three segments: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment).

Analyst Recommendations for RPM International (NYSE:RPM)

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