Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
Equities research analysts at Credit Suisse Group initiated coverage on shares of RPM International (NYSE:RPM - Get Rating) in a research note issued to investors on Monday, The Fly reports. The firm set an "outperform" rating on the specialty chemicals company's stock.
Other analysts have also recently issued research reports about the stock. TheStreet raised shares of RPM International from a "c+" rating to a "b-" rating in a research note on Wednesday, June 8th. Wells Fargo & Company dropped their price target on shares of RPM International from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 7th. StockNews.com upgraded shares of RPM International from a "hold" rating to a "buy" rating in a report on Thursday, May 19th. Finally, BMO Capital Markets lowered their price objective on shares of RPM International from $115.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, April 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, RPM International presently has an average rating of "Hold" and a consensus price target of $100.17.
Shares of RPM International stock opened at $81.61 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.45 and a debt-to-equity ratio of 1.03. RPM International has a 12-month low of $74.56 and a 12-month high of $101.48. The company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.72 and a beta of 0.90. The firm's 50-day moving average price is $84.09 and its two-hundred day moving average price is $86.60.
RPM International (NYSE:RPM - Get Rating) last announced its quarterly earnings data on Wednesday, April 6th. The specialty chemicals company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.08. RPM International had a net margin of 6.94% and a return on equity of 25.48%. The business had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same period last year, the firm posted $0.38 earnings per share. The firm's quarterly revenue was up 13.0% compared to the same quarter last year. On average, sell-side analysts expect that RPM International will post 3.69 earnings per share for the current year.
In related news, CAO Michael J. Laroche sold 1,476 shares of the company's stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $83.55, for a total value of $123,319.80. Following the transaction, the chief accounting officer now owns 6,525 shares in the company, valued at $545,163.75. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.60% of the company's stock.
A number of hedge funds have recently modified their holdings of RPM. Jones Financial Companies Lllp purchased a new position in RPM International during the first quarter valued at approximately $36,000. Norwood Financial Corp bought a new position in shares of RPM International in the fourth quarter worth $38,000. Future Financial Wealth Managment LLC purchased a new stake in shares of RPM International in the fourth quarter worth $49,000. Retirement Planning Co of New England Inc. bought a new stake in RPM International during the fourth quarter valued at $53,000. Finally, Confluence Wealth Services Inc. purchased a new position in RPM International during the fourth quarter worth about $65,000. 79.96% of the stock is currently owned by institutional investors and hedge funds.
RPM International Company Profile (Get Rating)
RPM International Inc manufactures, markets, and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coatings, and institutional roofing systems; air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and subfloor preparation, flooring, and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the 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; and insulated building cladding materials and concrete form wall systems.
Featured StoriesGet a free copy of the StockNews.com research report on RPM International (RPM)How to Screen for Cash Value Stocks in a Bear MarketZoom Stock is Not All Gloom and Doom MarketBeat: Week in Review 6/20 – 6/24Blackberry Continues To Struggle As Management Remains Asleep At The WheelGMS Inc. Posts Strong Results As The Housing Backlog Drives Earnings
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider RPM International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RPM International wasn't on the list.
While RPM International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:
Today Kate sits down with repeat guest Andrew Chanin, Co-Founder and CEO of ETF manager ProcureAM. Andrew shares the story behind the launch of the Procure Disaster Recovery Strategy ETF (FEMA).
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.