RPM International Inc. (NYSE:RPM) has received a consensus rating of “Hold” from the eight research firms that are currently covering the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $58.00.
A number of research analysts recently issued reports on the company. Zacks Investment Research raised RPM International from a “sell” rating to a “hold” rating in a report on Thursday, January 26th. Evercore ISI assumed coverage on RPM International in a report on Monday. They issued a “buy” rating and a $59.00 price target for the company. Finally, TheStreet cut RPM International from a “b” rating to a “c+” rating in a report on Tuesday, January 17th.
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RPM International (NYSE:RPM) opened at 52.46 on Friday. The firm has a market capitalization of $7.01 billion, a PE ratio of 32.44 and a beta of 1.38. RPM International has a one year low of $38.83 and a one year high of $55.92. The firm has a 50 day moving average of $52.58 and a 200 day moving average of $52.28.
RPM International (NYSE:RPM) last released its quarterly earnings results on Thursday, January 5th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.61 by $0.09. RPM International had a net margin of 4.39% and a return on equity of 26.60%. The business earned $1.19 billion during the quarter. During the same period last year, the company earned $0.62 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Equities analysts forecast that RPM International will post $2.66 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Shareholders of record on Monday, January 16th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, January 11th. This represents a $1.20 annualized dividend and a yield of 2.29%. RPM International’s dividend payout ratio is currently 76.92%.
A number of hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in shares of RPM International by 0.5% in the second quarter. IFP Advisors Inc now owns 5,715 shares of the company’s stock valued at $285,000 after buying an additional 29 shares in the last quarter. Advantus Capital Management Inc raised its position in RPM International by 0.7% in the third quarter. Advantus Capital Management Inc now owns 16,203 shares of the company’s stock valued at $870,000 after buying an additional 114 shares during the last quarter. Baird Financial Group Inc. raised its position in RPM International by 3.0% in the fourth quarter. Baird Financial Group Inc. now owns 7,783 shares of the company’s stock valued at $419,000 after buying an additional 226 shares during the last quarter. Riverhead Capital Management LLC raised its position in RPM International by 11.0% in the third quarter. Riverhead Capital Management LLC now owns 4,800 shares of the company’s stock valued at $258,000 after buying an additional 477 shares during the last quarter. Finally, Alley Co LLC raised its position in RPM International by 1.2% in the second quarter. Alley Co LLC now owns 47,236 shares of the company’s stock valued at $2,359,000 after buying an additional 546 shares during the last quarter. 73.12% of the stock is owned by hedge funds and other institutional investors.
RPM International Company Profile
RPM International Inc, through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Company operates through three segments: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment).
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