Wall Street brokerages predict that RPM International Inc. (NYSE:RPM) will post $0.86 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for RPM International’s earnings. The highest EPS estimate is $0.93 and the lowest is $0.80. RPM International also posted earnings of $0.86 per share in the same quarter last year. The firm is expected to issue its next earnings results before the market opens on Wednesday, October 3rd.

On average, analysts expect that RPM International will report full-year earnings of $3.10 per share for the current year, with EPS estimates ranging from $3.00 to $3.20. For the next fiscal year, analysts anticipate that the business will post earnings of $3.69 per share, with EPS estimates ranging from $3.31 to $4.78. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow RPM International.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Monday, July 23rd. The specialty chemicals company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.13). RPM International had a return on equity of 23.82% and a net margin of 6.35%. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period last year, the firm earned $1.02 earnings per share. The company’s quarterly revenue was up 4.4% compared to the same quarter last year.

Several equities research analysts have commented on the stock. Zacks Investment Research cut shares of RPM International from a “hold” rating to a “sell” rating in a research report on Wednesday. Seaport Global Securities reissued a “hold” rating and set a $66.00 price target on shares of RPM International in a research report on Thursday, July 26th. Morgan Stanley set a $70.00 price target on shares of RPM International and gave the stock an “overweight” rating in a research report on Friday, July 20th. Northcoast Research cut shares of RPM International from a “buy” rating to a “neutral” rating in a research report on Friday, July 20th. They noted that the move was a valuation call. Finally, ValuEngine raised shares of RPM International from a “hold” rating to a “buy” rating in a research report on Thursday, July 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $59.13.

NYSE:RPM traded up $0.17 on Wednesday, hitting $67.47. 930,400 shares of the company’s stock were exchanged, compared to its average volume of 1,153,077. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.45 and a quick ratio of 1.63. RPM International has a 52 week low of $46.36 and a 52 week high of $68.13. The stock has a market capitalization of $8.99 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 2.43 and a beta of 1.43.

In other news, Director Robert Livingston acquired 5,000 shares of the stock in a transaction dated Friday, August 17th. The shares were bought at an average cost of $64.06 per share, for a total transaction of $320,300.00. Following the purchase, the director now directly owns 7,150 shares of the company’s stock, valued at $458,029. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Edward W. Moore sold 4,168 shares of the business’s stock in a transaction dated Monday, July 23rd. The stock was sold at an average price of $61.91, for a total transaction of $258,040.88. Following the transaction, the senior vice president now owns 48,931 shares in the company, valued at $3,029,318.21. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Westwood Holdings Group Inc. acquired a new position in shares of RPM International during the 1st quarter worth about $53,005,000. Diamond Hill Capital Management Inc. acquired a new position in shares of RPM International during the 2nd quarter worth about $63,300,000. River Road Asset Management LLC acquired a new position in shares of RPM International during the 2nd quarter worth about $47,317,000. MUFG Securities EMEA plc increased its stake in shares of RPM International by 102.2% during the 2nd quarter. MUFG Securities EMEA plc now owns 455,000 shares of the specialty chemicals company’s stock worth $26,536,000 after purchasing an additional 230,000 shares during the last quarter. Finally, Madison Investment Holdings Inc. increased its stake in shares of RPM International by 0.4% during the 2nd quarter. Madison Investment Holdings Inc. now owns 452,801 shares of the specialty chemicals company’s stock worth $26,407,000 after purchasing an additional 1,973 shares during the last quarter. Institutional investors own 79.98% 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. 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, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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