RPM International Inc. (NYSE:RPM) Receives $131.00 Average Target Price from Analysts

RPM International Inc. (NYSE:RPM) has received a consensus rating of “Hold” from the ten analysts that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $131.00.

Several equities research analysts recently weighed in on RPM shares. JPMorgan Chase & Co. raised their price objective on RPM International from $120.00 to $126.00 and gave the company a “neutral” rating in a report on Thursday, October 3rd. UBS Group boosted their price target on RPM International from $123.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, December 19th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of RPM International from $132.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Royal Bank of Canada boosted their price objective on shares of RPM International from $120.00 to $126.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 3rd. Finally, Morgan Stanley lifted their target price on RPM International from $107.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, October 4th.

RPM International Stock Performance

RPM International stock opened at $121.71 on Friday. The company has a quick ratio of 1.48, a current ratio of 2.26 and a debt-to-equity ratio of 0.77. The stock has a market cap of $15.66 billion, a PE ratio of 25.52, a P/E/G ratio of 1.98 and a beta of 1.02. RPM International has a 12-month low of $103.63 and a 12-month high of $141.79. The business’s 50-day moving average price is $131.57 and its two-hundred day moving average price is $123.13.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.05. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. RPM International had a net margin of 8.43% and a return on equity of 26.82%. The firm’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.22 EPS. As a group, analysts expect that RPM International will post 5.56 earnings per share for the current fiscal year.

RPM International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Friday, January 17th. RPM International’s dividend payout ratio is 42.77%.

Insider Buying and Selling

In related news, Director Frederick R. Nance sold 594 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $135.47, for a total transaction of $80,469.18. Following the transaction, the director now owns 8,526 shares in the company, valued at $1,155,017.22. The trade was a 6.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Michael J. Laroche sold 3,615 shares of the firm’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $127.14, for a total transaction of $459,611.10. Following the completion of the sale, the chief accounting officer now owns 11,596 shares of the company’s stock, valued at $1,474,315.44. The trade was a 23.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,927 shares of company stock valued at $1,037,214 over the last 90 days. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in RPM. Creative Financial Designs Inc. ADV raised its holdings in RPM International by 61.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 82 shares during the last quarter. Huntington National Bank increased its holdings in RPM International by 1.0% during the 3rd quarter. Huntington National Bank now owns 10,828 shares of the specialty chemicals company’s stock worth $1,310,000 after purchasing an additional 108 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of RPM International by 12.8% in the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the specialty chemicals company’s stock valued at $269,000 after purchasing an additional 247 shares in the last quarter. Christopher J. Hasenberg Inc purchased a new position in shares of RPM International during the third quarter valued at approximately $35,000. Finally, LRI Investments LLC grew its holdings in RPM International by 12.4% during the third quarter. LRI Investments LLC now owns 2,452 shares of the specialty chemicals company’s stock worth $297,000 after buying an additional 271 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

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.