RPM International Inc. (NYSE:RPM) Given Average Recommendation of “Moderate Buy” by Brokerages

RPM International Inc. (NYSE:RPM) has been given an average recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $127.4167.

A number of research firms have issued reports on RPM. Royal Bank Of Canada boosted their target price on RPM International from $126.00 to $130.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Weiss Ratings cut RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. BMO Capital Markets decreased their target price on RPM International from $149.00 to $148.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. UBS Group raised RPM International from a “neutral” rating to a “buy” rating and boosted their target price for the company from $118.00 to $130.00 in a research note on Wednesday, May 27th. Finally, Morgan Stanley boosted their target price on RPM International from $118.00 to $121.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th.

RPM International Stock Down 0.5%

NYSE:RPM opened at $106.97 on Friday. RPM International has a 1 year low of $92.92 and a 1 year high of $129.12. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81. The stock has a market cap of $13.65 billion, a price-to-earnings ratio of 20.61, a PEG ratio of 2.50 and a beta of 1.04. The stock has a 50-day moving average price of $103.29 and a two-hundred day moving average price of $105.95.

RPM International (NYSE:RPM) last posted its earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. RPM International had a return on equity of 22.55% and a net margin of 8.63%.The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the previous year, the firm earned $0.35 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis. As a group, equities analysts expect that RPM International will post 5.46 earnings per share for the current year.

RPM International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, April 16th. RPM International’s payout ratio is presently 41.62%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new position in shares of RPM International during the fourth quarter worth about $37,000. Rothschild Investment LLC boosted its position in shares of RPM International by 2,387.0% during the fourth quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock worth $59,000 after buying an additional 549 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of RPM International during the fourth quarter worth about $60,000. Resources Management Corp CT ADV boosted its position in shares of RPM International by 21,566.7% during the fourth quarter. Resources Management Corp CT ADV now owns 650 shares of the specialty chemicals company’s stock worth $68,000 after buying an additional 647 shares during the period. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of RPM International during the fourth quarter worth about $69,000. 80.95% of the stock is owned by institutional investors and hedge funds.

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.