ValuEngine downgraded shares of RPM International (NYSE:RPM) from a buy rating to a hold rating in a research note released on Monday, ValuEngine reports.

A number of other equities analysts also recently weighed in on RPM. Zacks Investment Research downgraded shares of RPM International from a hold rating to a strong sell rating in a research note on Tuesday, January 29th. Gabelli reaffirmed a buy rating on shares of RPM International in a research note on Monday, April 8th. TheStreet downgraded shares of RPM International from a b- rating to a c rating in a research note on Friday, April 5th. JPMorgan Chase & Co. raised shares of RPM International from an underweight rating to a neutral rating and raised their target price for the company from $50.00 to $55.00 in a research note on Monday, April 8th. Finally, BMO Capital Markets set a $71.00 target price on shares of RPM International and gave the company a buy rating in a research note on Thursday, March 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. RPM International presently has an average rating of Hold and an average price target of $66.57.

RPM stock opened at $56.97 on Monday. RPM International has a 1 year low of $49.02 and a 1 year high of $68.13. The stock has a market capitalization of $7.41 billion, a P/E ratio of 19.51, a P/E/G ratio of 2.43 and a beta of 1.18. The company has a quick ratio of 1.09, a current ratio of 1.81 and a debt-to-equity ratio of 1.44.

RPM International (NYSE:RPM) last announced its earnings results on Thursday, April 4th. The specialty chemicals company reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.03. RPM International had a net margin of 3.96% and a return on equity of 21.39%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $0.30 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities analysts anticipate that RPM International will post 2.56 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend was Monday, April 15th. RPM International’s payout ratio is 47.95%.

Several large investors have recently bought and sold shares of the company. Hunter Associates Investment Management LLC grew its holdings in shares of RPM International by 6.2% during the fourth quarter. Hunter Associates Investment Management LLC now owns 3,452 shares of the specialty chemicals company’s stock valued at $203,000 after buying an additional 202 shares during the last quarter. Tompkins Financial Corp grew its holdings in shares of RPM International by 63.2% during the first quarter. Tompkins Financial Corp now owns 532 shares of the specialty chemicals company’s stock valued at $35,000 after buying an additional 206 shares during the last quarter. Benedict Financial Advisors Inc. grew its holdings in shares of RPM International by 1.4% during the first quarter. Benedict Financial Advisors Inc. now owns 18,227 shares of the specialty chemicals company’s stock valued at $1,058,000 after buying an additional 251 shares during the last quarter. Private Capital Group LLC grew its holdings in shares of RPM International by 19.9% during the first quarter. Private Capital Group LLC now owns 1,565 shares of the specialty chemicals company’s stock valued at $91,000 after buying an additional 260 shares during the last quarter. Finally, Raymond James Trust N.A. grew its holdings in shares of RPM International by 1.7% during the first quarter. Raymond James Trust N.A. now owns 15,803 shares of the specialty chemicals company’s stock valued at $917,000 after buying an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 77.45% 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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Analyst Recommendations for RPM International (NYSE:RPM)

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