RPM International (NYSE:RPM) Upgraded at Fermium Researc

RPM International (NYSE:RPM) was upgraded by research analysts at Fermium Researc to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

RPM has been the subject of a number of other reports. Evercore ISI upgraded shares of RPM International to a “strong-buy” rating in a report on Tuesday, January 21st. 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. JPMorgan Chase & Co. decreased their price target on RPM International from $126.00 to $124.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Mizuho dropped their price objective on RPM International from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada decreased their target price on shares of RPM International from $126.00 to $116.00 and set a “sector perform” rating on the stock in a research note on Thursday. Seven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $124.10.

RPM International Trading Up 2.0 %

Shares of RPM International stock opened at $104.48 on Wednesday. The company has a 50 day simple moving average of $117.06 and a two-hundred day simple moving average of $125.27. The firm has a market cap of $13.43 billion, a PE ratio of 20.65, a PEG ratio of 1.97 and a beta of 1.06. RPM International has a 1 year low of $95.28 and a 1 year high of $141.79. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46.

RPM International (NYSE:RPM) last announced its earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.15). RPM International had a return on equity of 26.76% and a net margin of 8.89%. The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the firm posted $0.52 earnings per share. The firm’s revenue was down 3.0% on a year-over-year basis. Analysts expect that RPM International will post 5.5 earnings per share for the current fiscal year.

Institutional Trading of RPM International

Institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of RPM International by 55.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 84 shares during the last quarter. Crews Bank & Trust bought a new position in RPM International during the fourth quarter valued at approximately $37,000. Farther Finance Advisors LLC lifted its position in RPM International by 58.7% during the fourth quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company’s stock valued at $52,000 after purchasing an additional 155 shares during the period. Fairway Wealth LLC boosted its holdings in RPM International by 829.8% in the fourth quarter. Fairway Wealth LLC now owns 437 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 390 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in RPM International by 148.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 535 shares of the specialty chemicals company’s stock worth $66,000 after purchasing an additional 320 shares during the period. Institutional investors own 80.95% of the company’s stock.

About RPM International

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.