Somewhat Favorable News Coverage Somewhat Unlikely to Impact RPM International (RPM) Stock Price
Headlines about RPM International (NYSE:RPM) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RPM International earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the specialty chemicals company an impact score of 47.1279252931107 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- BRIEF-RPM International says CEO Frank Sullivan’s 2017 total compensation $4.7 mln (reuters.com)
- Putting RPM International Inc (RPM) Under the Microscope: Technicals Watch – Sparta Review (spartareview.com)
- RPM International Inc. (RPM) Holdings Up in Latest Report from Vanguard Group Inc – Modern Readers (modernreaders.com)
- RPM International, Inc. : RPM-US: Dividend Analysis : July 17th, 2017 (record date) : By the numbers : August 24, 2017 (finance.yahoo.com)
- The Bottom Line on RPM International Inc. (RPM), CBRE Group, Inc. (CBG) – AllStockNews (allstocknews.com)
A number of analysts have recently weighed in on the company. Wellington Shields upgraded RPM International from a “hold” rating to an “accumulate” rating in a research note on Friday, August 18th. BidaskClub cut RPM International from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Zacks Investment Research cut RPM International from a “buy” rating to a “hold” rating in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $49.00 price target on shares of RPM International in a report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. RPM International presently has a consensus rating of “Hold” and a consensus target price of $58.00.
RPM International (NYSE:RPM) opened at 48.76 on Monday. RPM International has a one year low of $46.25 and a one year high of $56.48. The company has a market cap of $6.52 billion, a PE ratio of 35.72 and a beta of 1.54. The firm’s 50-day moving average price is $51.73 and its 200-day moving average price is $53.15.
RPM International (NYSE:RPM) last posted its quarterly earnings data on Monday, July 24th. The specialty chemicals company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.17 by $0.15. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. RPM International had a net margin of 3.67% and a return on equity of 25.02%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.13 earnings per share. On average, equities research analysts forecast that RPM International will post $2.88 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Monday, July 17th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, July 13th. This represents a $1.20 annualized dividend and a yield of 2.46%. RPM International’s payout ratio is 90.91%.
In other news, SVP Edward W. Moore sold 10,568 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $52.04, for a total value of $549,958.72. Following the sale, the senior vice president now directly owns 92,549 shares of the company’s stock, valued at approximately $4,816,249.96. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock.
About RPM International
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).
Receive News & Ratings for RPM International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RPM International Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.