Shares of RPM International Inc. (NYSE:RPM – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $125.50.
Several equities research analysts recently commented on RPM shares. Bank of America raised their target price on RPM International from $129.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Wall Street Zen cut RPM International from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. KeyCorp assumed coverage on shares of RPM International in a research report on Friday, September 11th. They issued an “overweight” rating and a $123.00 price objective for the company. Morgan Stanley dropped their price objective on shares of RPM International from $117.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, BMO Capital Markets boosted their target price on shares of RPM International from $143.00 to $151.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd.
View Our Latest Analysis on RPM International
Hedge Funds Weigh In On RPM International
RPM International Stock Down 0.3%
Shares of RPM International stock opened at $100.19 on Tuesday. RPM International has a twelve month low of $92.92 and a twelve month high of $121.93. The stock has a market cap of $12.78 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 2.05 and a beta of 1.05. The company has a current ratio of 1.68, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64. The company has a fifty day moving average price of $106.50 and a 200 day moving average price of $104.67.
RPM International (NYSE:RPM – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.83 by $0.06. The company had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.18 billion. RPM International had a return on equity of 22.45% and a net margin of 8.41%.During the same period last year, the company posted $1.72 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that RPM International will post 5.99 earnings per share for the current fiscal year.
RPM International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 14th were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a $2.16 annualized dividend and a yield of 2.2%. RPM International’s payout ratio is 41.86%.
RPM International Company Profile
RPM International Inc (NYSE:RPM) is a multinational manufacturer of specialty coatings, sealants, adhesives, and related products. The company serves the construction, industrial, automotive, marine, consumer, and specialty markets through a portfolio of businesses that develop products for protecting, repairing, and enhancing residential, commercial, and industrial surfaces.
Its brands include Rust-Oleum, which provides consumer and professional paints and coatings; DAP, which produces caulks, sealants, and related products; Tremco, which serves the building and construction markets; and Carboline, which specializes in protective coatings and fireproofing products.
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