Brokerages Set RPM International Inc. (NYSE:RPM) PT at $132.00

Shares of RPM International Inc. (NYSE:RPM) have been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $132.00.

RPM has been the topic of several analyst reports. UBS Group boosted their price target on shares of RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Wells Fargo & Company raised shares of RPM International from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $134.00 to $140.00 in a research note on Wednesday, January 8th. StockNews.com cut shares of RPM International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Mizuho lowered their price objective on RPM International from $150.00 to $140.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Finally, Evercore ISI upgraded RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st.

RPM International Stock Down 0.8 %

NYSE RPM opened at $115.75 on Friday. RPM International has a twelve month low of $103.69 and a twelve month high of $141.79. The stock has a market cap of $14.88 billion, a PE ratio of 22.88, a PEG ratio of 1.97 and a beta of 1.00. The firm has a 50-day simple moving average of $122.19 and a 200 day simple moving average of $126.63. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23.

RPM International (NYSE:RPM) last announced its quarterly earnings data on Tuesday, January 7th. The specialty chemicals company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.05. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.79 billion. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company earned $1.22 EPS. On average, research analysts forecast that RPM International will post 5.5 EPS for the current year.

RPM International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Friday, January 17th. RPM International’s payout ratio is presently 40.32%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its position in RPM International by 55.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock worth $29,000 after purchasing an additional 84 shares during the last quarter. Crews Bank & Trust acquired a new stake in shares of RPM International in the 4th quarter valued at $37,000. Farther Finance Advisors LLC raised its position in shares of RPM International by 58.7% during the fourth quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company’s stock worth $52,000 after acquiring an additional 155 shares during the last quarter. Fairway Wealth LLC lifted its stake in shares of RPM International by 829.8% during the fourth quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company’s stock valued at $54,000 after acquiring an additional 390 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its holdings in RPM International by 148.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company’s stock valued at $66,000 after acquiring an additional 320 shares during the last quarter. 80.95% of the stock is owned by institutional investors.

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.