RPM International Inc (RPM) Receives $54.17 Average PT from Analysts

Shares of RPM International Inc (NYSE:RPM) have earned a consensus recommendation of “Hold” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $54.17.

RPM has been the subject of several recent analyst reports. Seaport Global Securities restated a “buy” rating and set a $58.00 price objective on shares of RPM International in a research report on Friday, April 6th. Gabelli restated a “buy” rating on shares of RPM International in a research report on Wednesday, March 28th. Vertical Research upgraded shares of RPM International from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Zacks Investment Research upgraded shares of RPM International from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Tuesday, January 9th. Finally, Robert W. Baird restated a “hold” rating and set a $53.00 price objective on shares of RPM International in a research report on Friday, April 6th.

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Several institutional investors and hedge funds have recently made changes to their positions in RPM. Russell Investments Group Ltd. increased its position in shares of RPM International by 33.5% during the third quarter. Russell Investments Group Ltd. now owns 40,922 shares of the specialty chemicals company’s stock valued at $2,101,000 after acquiring an additional 10,265 shares during the last quarter. California Public Employees Retirement System increased its position in shares of RPM International by 6.5% during the third quarter. California Public Employees Retirement System now owns 280,842 shares of the specialty chemicals company’s stock valued at $14,418,000 after acquiring an additional 17,242 shares during the last quarter. First Manhattan Co. increased its position in shares of RPM International by 4.9% during the fourth quarter. First Manhattan Co. now owns 100,817 shares of the specialty chemicals company’s stock valued at $5,284,000 after acquiring an additional 4,665 shares during the last quarter. SeaBridge Investment Advisors LLC increased its position in shares of RPM International by 1.3% during the fourth quarter. SeaBridge Investment Advisors LLC now owns 152,690 shares of the specialty chemicals company’s stock valued at $8,004,000 after acquiring an additional 2,000 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of RPM International by 381.3% during the fourth quarter. SG Americas Securities LLC now owns 23,910 shares of the specialty chemicals company’s stock valued at $1,253,000 after acquiring an additional 18,942 shares during the last quarter. Institutional investors and hedge funds own 76.15% of the company’s stock.



NYSE:RPM opened at $48.35 on Friday. The company has a current ratio of 2.56, a quick ratio of 1.55 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $6,567.01, a PE ratio of 19.57, a price-to-earnings-growth ratio of 1.77 and a beta of 1.45. RPM International has a twelve month low of $46.36 and a twelve month high of $56.69.

RPM International (NYSE:RPM) last posted its quarterly earnings results on Thursday, April 5th. The specialty chemicals company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.11. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. RPM International had a net margin of 7.23% and a return on equity of 24.28%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share. research analysts anticipate that RPM International will post 2.97 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Tuesday, April 17th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.65%. The ex-dividend date is Monday, April 16th. RPM International’s payout ratio is currently 51.82%.

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RPM International Company Profile

RPM International Inc manufactures, markets, and sells specialty chemical products for industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding solutions; flooring and in-plant glazing solutions; passive fire protection and manufacturing industry solutions; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

Analyst Recommendations for RPM International (NYSE:RPM)

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