Royal Bank Of Canada Forecasts Strong Price Appreciation for RPM International (NYSE:RPM) Stock

RPM International (NYSE:RPMGet Free Report) had its target price increased by stock analysts at Royal Bank Of Canada from $126.00 to $128.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the specialty chemicals company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 19.45% from the stock’s current price.

A number of other research firms also recently commented on RPM. Weiss Ratings downgraded RPM International from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 29th. Bank of America lowered their price target on shares of RPM International from $128.00 to $125.00 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Zacks Research upgraded shares of RPM International from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. UBS Group upgraded shares of RPM International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $118.00 to $130.00 in a research note on Wednesday, May 27th. Finally, BMO Capital Markets decreased their price objective on shares of RPM International from $148.00 to $143.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $126.00.

View Our Latest Report on RPM

RPM International Price Performance

Shares of RPM opened at $107.16 on Thursday. The company has a current ratio of 1.68, a quick ratio of 1.44 and a debt-to-equity ratio of 0.64. The stock’s 50 day moving average is $105.71 and its two-hundred day moving average is $106.29. RPM International has a twelve month low of $92.92 and a twelve month high of $129.12. The firm has a market capitalization of $13.69 billion, a PE ratio of 20.77, a P/E/G ratio of 2.38 and a beta of 1.04.

RPM International (NYSE:RPMGet Free Report) last issued its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.06. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.18 billion. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.72 EPS. Research analysts anticipate that RPM International will post 5.95 earnings per share for the current year.

Hedge Funds Weigh In On RPM International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ares Financial Consulting LLC purchased a new stake in shares of RPM International in the fourth quarter valued at about $37,000. Los Angeles Capital Management LLC purchased a new position in shares of RPM International during the 4th quarter worth approximately $60,000. Rothschild Investment LLC raised its position in shares of RPM International by 2,387.0% during the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 549 shares during the last quarter. Resources Management Corp CT ADV lifted its stake in RPM International by 21,566.7% in the 4th quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock valued at $68,000 after buying an additional 647 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in RPM International in the 4th quarter valued at approximately $69,000. Institutional investors and hedge funds own 80.95% of the company’s stock.

Key RPM International News

Here are the key news stories impacting RPM International this week:

  • Positive Sentiment: RPM delivered record quarterly results, with revenue and earnings topping expectations, which is the main driver behind the stock’s rise. RPM International Shares Climb on Higher 4Q Sales, Upbeat Outlook
  • Positive Sentiment: The company expanded its buyback program, with commentary around a $700 million repurchase plan supporting the view that management sees shares as undervalued. Is RPM International (RPM) Undervalued As Record Earnings And A $700 Million Buyback Land?
  • Positive Sentiment: Bank of America raised its price target to $130 and kept a buy rating, while BMO Capital Markets lifted its target to $151 and RBC increased its target to $128, signaling continued optimism after the earnings beat.
  • Neutral Sentiment: Morgan Stanley lowered its target to $117 but still kept an equal-weight rating, suggesting a more cautious view rather than a bearish one.
  • Neutral Sentiment: Recent commentary from Zacks highlighted that infrastructure demand, margin gains, and acquisitions could support fiscal 2027, but inflation and weak DIY demand may limit near-term upside.
  • Neutral Sentiment: An insider filing showed a non-discretionary sale tied to tax withholding, which appears routine and not necessarily a negative signal for the business.

About RPM International

(Get Free Report)

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.

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Analyst Recommendations for RPM International (NYSE:RPM)

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