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Shares of RPM International Inc. (NYSE:RPM - Get Rating) have been given a consensus recommendation of "Hold" by the ten brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $96.75.
Several brokerages have recently issued reports on RPM. StockNews.com upgraded shares of RPM International from a "hold" rating to a "buy" rating in a report on Wednesday. Bank of America lowered their price target on shares of RPM International from $90.00 to $78.00 and set an "underperform" rating for the company in a report on Wednesday, July 13th. TheStreet upgraded shares of RPM International from a "c+" rating to a "b" rating in a report on Monday, July 25th. Finally, Credit Suisse Group began coverage on shares of RPM International in a report on Monday, June 27th. They set an "outperform" rating and a $95.00 price target for the company.RPM International Stock Up 1.8 %
NYSE RPM opened at $93.26 on Friday. The business has a fifty day moving average price of $83.44 and a two-hundred day moving average price of $84.20. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.56 and a quick ratio of 0.96. RPM International has a fifty-two week low of $74.56 and a fifty-two week high of $101.48. The stock has a market capitalization of $12.03 billion, a PE ratio of 24.61, a PEG ratio of 4.35 and a beta of 0.96.
RPM International (NYSE:RPM - Get Rating) last released its earnings results on Monday, July 25th. The specialty chemicals company reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.02). The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.96 billion. RPM International had a return on equity of 25.57% and a net margin of 7.33%. The firm's revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.28 earnings per share. Equities analysts expect that RPM International will post 4.31 earnings per share for the current fiscal year. RPM International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 29th. Investors of record on Friday, July 15th were issued a $0.40 dividend. The ex-dividend date was Thursday, July 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.72%. RPM International's payout ratio is 42.22%. Insider Activity at RPM International
In other RPM International news, Director Frederick R. Nance sold 2,600 shares of the stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $89.24, for a total transaction of $232,024.00. Following the completion of the sale, the director now directly owns 9,049 shares in the company, valued at approximately $807,532.76. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other RPM International news, VP Matthew T. Ratajczak sold 993 shares of the stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $90.02, for a total transaction of $89,389.86. Following the completion of the sale, the vice president now directly owns 55,546 shares in the company, valued at approximately $5,000,250.92. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frederick R. Nance sold 2,600 shares of the stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $89.24, for a total value of $232,024.00. Following the sale, the director now owns 9,049 shares of the company's stock, valued at $807,532.76. The disclosure for this sale can be found here. Insiders sold 5,701 shares of company stock worth $506,370 over the last three months. Company insiders own 1.60% of the company's stock. Institutional Trading of RPM International
Large investors have recently bought and sold shares of the business. Quantbot Technologies LP bought a new position in shares of RPM International during the 2nd quarter worth about $201,000. Ensign Peak Advisors Inc boosted its position in shares of RPM International by 3.3% during the 2nd quarter. Ensign Peak Advisors Inc now owns 53,178 shares of the specialty chemicals company's stock worth $4,186,000 after purchasing an additional 1,700 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of RPM International by 5.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 41,335 shares of the specialty chemicals company's stock worth $3,254,000 after purchasing an additional 2,022 shares in the last quarter. Azimuth Capital Investment Management LLC bought a new position in shares of RPM International during the 2nd quarter worth about $498,000. Finally, Toronto Dominion Bank boosted its position in shares of RPM International by 7.4% during the 2nd quarter. Toronto Dominion Bank now owns 28,290 shares of the specialty chemicals company's stock worth $2,227,000 after purchasing an additional 1,939 shares in the last quarter. 79.96% of the stock is currently owned by institutional investors and hedge funds. About RPM International (Get Rating)
RPM International Inc manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; solutions for fire stopping and intumescent steel coating, and manufacturing industry; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.Featured ArticlesGet a free copy of the StockNews.com research report on RPM International (RPM)2 Important Retail Stock Battles to WatchMarketBeat: Week in Review 8/8 - 8/12What Is WallStreetBets and What Stocks Are They Targeting?Institutions And Analysts Propel Jack In The Box Higher Can You Guess Which EV Stock Is Beating Tesla ?
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