RPM International Inc. (NYSE:RPM – Get Free Report) has been given a consensus rating of “Moderate Buy” by the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $126.00.
Several research firms recently weighed in on RPM. Royal Bank Of Canada upped their price target on shares of RPM International from $126.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Morgan Stanley reduced their target price on shares of RPM International from $121.00 to $117.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Citigroup increased their price target on RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Wall Street Zen downgraded shares of RPM International from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Finally, BMO Capital Markets upped their target price on shares of RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd.
Get Our Latest Research Report on RPM International
Hedge Funds Weigh In On RPM International
RPM International Price Performance
Shares of RPM International stock opened at $103.65 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.68 and a debt-to-equity ratio of 0.64. RPM International has a twelve month low of $92.92 and a twelve month high of $128.51. The business has a 50-day moving average price of $108.67 and a 200 day moving average price of $105.98. The firm has a market cap of $13.22 billion, a PE ratio of 20.09, a P/E/G ratio of 2.10 and a beta of 1.05.
RPM International (NYSE:RPM – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.06. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the business posted $1.72 earnings per share. RPM International’s revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts predict that RPM International will post 6 earnings per share for the current fiscal year.
RPM International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.1%. RPM International’s payout ratio is currently 41.86%.
RPM International Company Profile
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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