RPM International Inc. (NYSE:RPM) SVP Edward W. Moore sold 2,578 shares of RPM International stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $53.79, for a total transaction of $138,670.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
RPM International Inc. (NYSE RPM) traded down $0.64 during midday trading on Wednesday, hitting $52.90. 1,010,000 shares of the stock were exchanged, compared to its average volume of 827,281. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. RPM International Inc. has a 52 week low of $47.87 and a 52 week high of $56.69. The firm has a market capitalization of $7,060.00, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 2.34 and a beta of 1.53.
RPM International (NYSE:RPM) last released its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.11. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.26 billion. RPM International had a net margin of 6.80% and a return on equity of 25.05%. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.52 earnings per share. research analysts predict that RPM International Inc. will post 2.96 earnings per share for the current year.
A number of research firms have recently weighed in on RPM. Zacks Investment Research upgraded shares of RPM International from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research report on Tuesday. TheStreet downgraded shares of RPM International from a “b” rating to a “c+” rating in a research report on Wednesday, October 4th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $51.00 price target on shares of RPM International in a research report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $57.86.
Large investors have recently made changes to their positions in the stock. Advisory Services Network LLC increased its stake in RPM International by 2.7% in the second quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company’s stock valued at $119,000 after acquiring an additional 57 shares during the last quarter. Flinton Capital Management LLC increased its stake in RPM International by 52.1% in the second quarter. Flinton Capital Management LLC now owns 6,864 shares of the specialty chemicals company’s stock valued at $374,000 after acquiring an additional 2,352 shares during the last quarter. Riverhead Capital Management LLC increased its stake in RPM International by 52.5% in the second quarter. Riverhead Capital Management LLC now owns 7,623 shares of the specialty chemicals company’s stock valued at $416,000 after acquiring an additional 2,623 shares during the last quarter. Albion Financial Group UT increased its stake in RPM International by 1.1% in the second quarter. Albion Financial Group UT now owns 8,583 shares of the specialty chemicals company’s stock valued at $468,000 after acquiring an additional 95 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in RPM International in the second quarter valued at approximately $526,000. 75.44% of the stock is currently owned by institutional investors and hedge funds.
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RPM International Company Profile
RPM International Inc, through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance of industrial, specialty and consumer markets. The Company operates through three segments: the industrial reportable segment (industrial segment), the specialty reportable segment (specialty segment) and the consumer reportable segment (consumer segment).
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