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

Shares of RPM International Inc. (NYSE:RPM) have received an average rating of “Moderate Buy” from the ten research firms that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $132.00.

A number of brokerages have recently weighed in on RPM. Royal Bank of Canada upped their target price on RPM International from $120.00 to $126.00 and gave the company a “sector perform” rating in a report on Thursday, October 3rd. Mizuho cut their target price on shares of RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday. Morgan Stanley boosted their price target on shares of RPM International from $107.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, October 4th. Deutsche Bank Aktiengesellschaft increased their price objective on RPM International from $132.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Finally, UBS Group boosted their target price on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th.

Insider Activity

In related news, Director Frederick R. Nance sold 594 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $135.47, for a total transaction of $80,469.18. Following the completion of the transaction, the director now owns 8,526 shares of the company’s stock, valued at approximately $1,155,017.22. The trade was a 6.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Michael J. Laroche sold 3,615 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $127.14, for a total value of $459,611.10. Following the completion of the sale, the chief accounting officer now directly owns 11,596 shares in the company, valued at $1,474,315.44. This trade represents a 23.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,927 shares of company stock valued at $1,037,214 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of RPM International

Hedge funds have recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV increased its holdings in shares of RPM International by 61.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company’s stock worth $26,000 after purchasing an additional 82 shares during the period. Christopher J. Hasenberg Inc bought a new position in RPM International during the third quarter valued at about $35,000. Eastern Bank bought a new position in RPM International during the third quarter valued at about $41,000. UMB Bank n.a. raised its holdings in RPM International by 369.7% in the 3rd quarter. UMB Bank n.a. now owns 357 shares of the specialty chemicals company’s stock valued at $43,000 after acquiring an additional 281 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of RPM International in the 2nd quarter worth approximately $45,000. 80.95% of the stock is owned by institutional investors.

RPM International Stock Up 0.5 %

Shares of NYSE:RPM opened at $122.36 on Friday. The firm has a 50 day simple moving average of $131.36 and a 200 day simple moving average of $123.12. RPM International has a 52 week low of $103.63 and a 52 week high of $141.79. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.48 and a current ratio of 2.26. The company has a market cap of $15.75 billion, a PE ratio of 25.65, a price-to-earnings-growth ratio of 1.98 and a beta of 1.02.

RPM International (NYSE:RPM) last released its earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.05. RPM International had a return on equity of 26.82% and a net margin of 8.43%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the prior year, the company earned $1.22 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, research analysts expect that RPM International will post 5.56 earnings per share for the current year.

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.04 annualized dividend and a yield of 1.67%. RPM International’s dividend payout ratio (DPR) is presently 42.77%.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.