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

RPM International Inc. (NYSE:RPM) has been assigned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $126.3333.

Several equities analysts have commented on RPM shares. Morgan Stanley upped their target price on RPM International from $118.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. raised RPM International from a “neutral” rating to an “overweight” rating and lowered their price target for the stock from $117.00 to $115.00 in a report on Friday, January 9th. Royal Bank Of Canada upped their price objective on RPM International from $126.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, April 13th. Weiss Ratings lowered RPM International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Finally, BMO Capital Markets decreased their target price on RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th.

RPM International Trading Down 0.5%

Shares of RPM stock opened at $101.34 on Friday. RPM International has a 12-month low of $92.92 and a 12-month high of $129.12. The firm has a 50 day moving average price of $104.20 and a two-hundred day moving average price of $107.33. The company has a quick ratio of 1.44, a current ratio of 2.28 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $12.93 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 2.60 and a beta of 1.04.

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

RPM International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a dividend of $0.54 per share. The ex-dividend date was Thursday, April 16th. This represents a $2.16 annualized dividend and a dividend yield of 2.1%. RPM International’s dividend payout ratio is 41.62%.

Hedge Funds Weigh In On RPM International

Several large investors have recently modified their holdings of RPM. Versant Capital Management Inc grew its position in shares of RPM International by 48.6% in the 3rd quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock valued at $32,000 after buying an additional 90 shares during the last quarter. Lazard Asset Management LLC raised its position in shares of RPM International by 5.8% during the second quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock worth $184,000 after acquiring an additional 93 shares during the last quarter. Archer Investment Corp lifted its stake in shares of RPM International by 3.1% in the third quarter. Archer Investment Corp now owns 3,598 shares of the specialty chemicals company’s stock worth $424,000 after acquiring an additional 108 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of RPM International by 21.2% in the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock worth $73,000 after acquiring an additional 108 shares during the period. Finally, LRI Investments LLC boosted its holdings in RPM International by 6.6% in the fourth quarter. LRI Investments LLC now owns 1,752 shares of the specialty chemicals company’s stock valued at $182,000 after acquiring an additional 108 shares during the last quarter. Institutional investors own 80.95% of the company’s stock.

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.