RPM International Inc. (NYSE:RPM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of RPM International Inc. (NYSE:RPM) have been given an average rating of “Moderate Buy” by the fifteen ratings firms that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $126.3333.

A number of equities analysts have commented on the stock. BMO Capital Markets reduced their target price on shares of RPM International from $149.00 to $148.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. JPMorgan Chase & Co. raised shares of RPM International from a “neutral” rating to an “overweight” rating and reduced their target price for the stock from $117.00 to $115.00 in a research note on Friday, January 9th. Wall Street Zen raised shares of RPM International from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. UBS Group lifted their target price on shares of RPM International from $108.00 to $118.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Finally, Morgan Stanley lifted their target price on shares of RPM International from $118.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th.

RPM International Stock Performance

RPM opened at $100.73 on Friday. The firm has a market capitalization of $12.86 billion, a PE ratio of 19.41, a PEG ratio of 2.68 and a beta of 1.10. RPM International has a twelve month low of $92.92 and a twelve month high of $129.12. The firm’s 50-day moving average price is $104.45 and its 200 day moving average price is $107.36. The company has a current ratio of 2.28, a quick ratio of 1.44 and a debt-to-equity ratio of 0.81.

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

RPM International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $2.16 dividend on an annualized basis and a yield of 2.1%. RPM International’s payout ratio is 41.62%.

Hedge Funds Weigh In On RPM International

Institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in RPM International during the third quarter worth about $30,000. Versant Capital Management Inc raised its stake in RPM International by 48.6% during the third quarter. Versant Capital Management Inc now owns 275 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 90 shares during the period. Ares Financial Consulting LLC purchased a new stake in shares of RPM International in the 4th quarter valued at approximately $37,000. Rothschild Investment LLC raised its stake in shares of RPM International by 2,387.0% in the 4th quarter. Rothschild Investment LLC now owns 572 shares of the specialty chemicals company’s stock valued at $59,000 after acquiring an additional 549 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of RPM International in the 4th quarter valued at approximately $60,000. 80.95% of the stock is owned by hedge funds and other 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.