RPM International (NYSE:RPM) Stock Price Expected to Rise, UBS Group Analyst Says

RPM International (NYSE:RPMGet Free Report) had its target price hoisted by UBS Group from $108.00 to $118.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the specialty chemicals company’s stock. UBS Group’s price objective points to a potential upside of 8.08% from the stock’s current price.

A number of other research analysts have also commented on RPM. Zacks Research lowered shares of RPM International from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price target on RPM International from $138.00 to $126.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Mizuho reduced their price target on RPM International from $120.00 to $111.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Robert W. Baird upgraded RPM International from a “neutral” rating to an “outperform” rating and set a $125.00 price target for the company in a research note on Wednesday, March 4th. Finally, BMO Capital Markets reduced their price target on RPM International from $152.00 to $149.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.58.

Read Our Latest Research Report on RPM International

RPM International Stock Down 1.6%

RPM opened at $109.18 on Friday. RPM International has a 1-year low of $92.92 and a 1-year high of $129.12. The stock’s fifty day simple moving average is $107.08 and its 200 day simple moving average is $108.17. The company has a current ratio of 2.28, a quick ratio of 1.45 and a debt-to-equity ratio of 0.81. The stock has a market cap of $13.93 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10.

RPM International (NYSE:RPMGet Free Report) last announced its quarterly earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. RPM International had a net margin of 8.63% and a return on equity of 22.55%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the prior year, the business earned $0.35 EPS. RPM International’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, research analysts expect that RPM International will post 5.5 earnings per share for the current year.

Insider Buying and Selling

In other RPM International news, VP Timothy R. Kinser sold 3,441 shares of the firm’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $110.31, for a total transaction of $379,576.71. Following the transaction, the vice president owned 21,248 shares in the company, valued at $2,343,866.88. This trade represents a 13.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RPM International

A number of hedge funds have recently added to or reduced their stakes in RPM. PFA Pension Forsikringsaktieselskab bought a new position in RPM International during the 4th quarter worth $54,307,000. Life Cycle Investment Partners Ltd acquired a new stake in RPM International during the fourth quarter worth about $16,175,000. Danske Bank A S acquired a new stake in RPM International during the third quarter worth about $17,362,000. River Road Asset Management LLC acquired a new stake in RPM International during the fourth quarter worth about $6,658,000. Finally, California State Teachers Retirement System grew its stake in RPM International by 21.7% during the second quarter. California State Teachers Retirement System now owns 355,934 shares of the specialty chemicals company’s stock worth $39,096,000 after buying an additional 63,532 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

Key Stories Impacting RPM International

Here are the key news stories impacting RPM International this week:

RPM International Company Profile

(Get Free Report)

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.

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Analyst Recommendations for RPM International (NYSE:RPM)

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