RPM International Inc. (NYSE:RPM) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of RPM International Inc. (NYSE:RPM) have been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $127.4167.

RPM has been the subject of a number of research reports. Bank of America dropped their price target on RPM International from $128.00 to $125.00 and set a “buy” rating for the company in a research note on Thursday, April 9th. BMO Capital Markets dropped their price target on RPM International from $149.00 to $148.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Citigroup increased their price target on RPM International from $125.00 to $128.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Mizuho dropped their price target on RPM International from $120.00 to $111.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Finally, UBS Group upgraded RPM International from a “neutral” rating to a “buy” rating and increased their price target for the company from $118.00 to $130.00 in a research note on Wednesday, May 27th.

RPM International Stock Up 1.1%

Shares of RPM opened at $108.18 on Friday. RPM International has a 52 week low of $92.92 and a 52 week high of $129.12. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 2.50 and a beta of 1.04. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.44 and a current ratio of 2.28. The stock has a fifty day moving average of $104.17 and a 200-day moving average of $106.00.

RPM International (NYSE:RPM) last announced its quarterly earnings results on Wednesday, April 8th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.20. RPM International had a return on equity of 22.55% and a net margin of 8.63%.The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the company earned $0.35 EPS. RPM International’s revenue was up 8.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that RPM International will post 5.46 earnings per share for the current fiscal year.

RPM International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, April 16th. RPM International’s dividend payout ratio (DPR) is currently 41.62%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Ares Financial Consulting LLC bought a new position in RPM International during the 4th quarter worth $37,000. Los Angeles Capital Management LLC bought a new position in RPM International during the 4th quarter worth $60,000. Rothschild Investment LLC raised its position in RPM International by 2,387.0% during the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 549 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in RPM International by 21.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 617 shares of the specialty chemicals company’s stock worth $73,000 after purchasing an additional 108 shares during the last quarter. Finally, GGM Financials LLC bought a new position in RPM International during the 3rd quarter worth $77,000. 80.95% of the stock is owned by institutional investors.

About RPM International

RPM International Inc is a global holding company whose subsidiaries specialize in the manufacture and marketing of high-performance coatings, sealants, building materials, and specialty chemicals. Through its two principal operating segments—Performance Coatings and Industrial Coatings—RPM serves a diverse range of end markets, including construction, consumer products, industrial maintenance, and specialty applications.

The company’s Performance Coatings segment offers a broad portfolio of architectural coatings, waterproofing systems, and specialty building products used by contractors, builders, and homeowners.