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

Shares of RPM International Inc. (NYSE:RPM) have earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $126.75.

Several analysts have weighed in on RPM shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of RPM International from $138.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Citigroup decreased their price target on shares of RPM International from $136.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, December 18th. JPMorgan Chase & Co. upgraded shares of RPM International from a “neutral” rating to an “overweight” rating and dropped their price objective for the stock from $117.00 to $115.00 in a research note on Friday, January 9th. Mizuho set a $120.00 target price on shares of RPM International in a report on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of RPM International in a research note on Monday, December 29th.

Insiders Place Their Bets

In other RPM International news, VP Timothy R. Kinser sold 3,441 shares of the firm’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $110.31, for a total value of $379,576.71. Following the sale, the vice president directly owned 21,248 shares in the company, valued at approximately $2,343,866.88. This trade represents a 13.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On RPM International

Several institutional investors have recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of RPM International in the 3rd quarter worth about $30,000. Versant Capital Management Inc grew its position in RPM International by 48.6% in the 3rd quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 90 shares during the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of RPM International in the fourth quarter valued at approximately $37,000. EverSource Wealth Advisors LLC raised its holdings in shares of RPM International by 21.2% during the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock valued at $73,000 after buying an additional 108 shares during the last quarter. Finally, GGM Financials LLC bought a new stake in shares of RPM International during the third quarter valued at approximately $77,000. Institutional investors own 80.95% of the company’s stock.

RPM International Trading Up 1.8%

Shares of NYSE RPM opened at $117.16 on Monday. The company has a quick ratio of 1.45, a current ratio of 2.22 and a debt-to-equity ratio of 0.80. The stock’s 50 day moving average price is $107.70 and its two-hundred day moving average price is $113.42. RPM International has a 52-week low of $95.28 and a 52-week high of $129.12. The stock has a market capitalization of $15.01 billion, a P/E ratio of 22.57, a PEG ratio of 2.81 and a beta of 1.10.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Thursday, January 8th. The specialty chemicals company reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.21). The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.94 billion. RPM International had a net margin of 8.79% and a return on equity of 22.49%. RPM International’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. On average, analysts anticipate that RPM International will post 5.5 earnings per share for the current fiscal year.

RPM International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were given a dividend of $0.54 per share. The ex-dividend date was Friday, January 16th. This represents a $2.16 dividend on an annualized basis and a yield of 1.8%. RPM International’s payout ratio is currently 41.62%.

About RPM International

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.