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

Shares of RPM International Inc. (NYSE:RPM) have been assigned an average rating of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $124.10.

RPM has been the subject of several recent analyst reports. Evercore ISI upgraded shares of RPM International to a “strong-buy” rating in a research report on Tuesday, January 21st. StockNews.com lowered shares of RPM International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. BMO Capital Markets decreased their price objective on RPM International from $154.00 to $126.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Royal Bank of Canada cut their target price on RPM International from $126.00 to $116.00 and set a “sector perform” rating for the company in a research note on Thursday, April 10th. Finally, Wells Fargo & Company lowered their price target on RPM International from $140.00 to $116.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th.

RPM International Trading Up 1.5 %

RPM opened at $105.93 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.23 and a quick ratio of 1.46. The company’s 50 day simple moving average is $116.71 and its two-hundred day simple moving average is $125.16. The firm has a market capitalization of $13.62 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth 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.

RPM International (NYSE:RPM) last announced its quarterly earnings data on Tuesday, April 8th. The specialty chemicals company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. Analysts expect that RPM International will post 5.5 EPS for the current fiscal year.

RPM International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.04 annualized dividend and a dividend yield of 1.93%. RPM International’s dividend payout ratio (DPR) is 40.88%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank boosted its stake in shares of RPM International by 33.0% in the 3rd quarter. Toronto Dominion Bank now owns 16,384 shares of the specialty chemicals company’s stock valued at $1,982,000 after buying an additional 4,062 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in RPM International in the third quarter worth approximately $1,295,000. GAMMA Investing LLC grew its holdings in RPM International by 12.8% during the 4th quarter. GAMMA Investing LLC now owns 2,183 shares of the specialty chemicals company’s stock worth $269,000 after acquiring an additional 247 shares in the last quarter. Pensionfund Sabic purchased a new stake in shares of RPM International in the 4th quarter valued at approximately $1,354,000. Finally, ST Germain D J Co. Inc. raised its holdings in shares of RPM International by 7.6% in the 4th quarter. ST Germain D J Co. Inc. now owns 3,066 shares of the specialty chemicals company’s stock valued at $377,000 after purchasing an additional 216 shares in the last quarter. 80.95% of the stock is currently owned by hedge funds and other 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.