RPM International Inc. (NYSE:RPM)’s stock price reached a new 52-week high on Friday . The stock traded as high as $69.80 and last traded at $69.72, with a volume of 7008 shares changing hands. The stock had previously closed at $68.83.

RPM has been the topic of several analyst reports. Seaport Global Securities reissued a “neutral” rating on shares of RPM International in a research note on Monday, July 22nd. ValuEngine lowered RPM International from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. BMO Capital Markets increased their target price on RPM International from $69.00 to $82.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. Robert W. Baird set a $72.00 target price on RPM International and gave the company a “hold” rating in a research note on Wednesday, August 21st. Finally, Zacks Investment Research raised RPM International from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research note on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $69.00.

The firm has a 50 day simple moving average of $67.33 and a two-hundred day simple moving average of $61.25. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.64 and a quick ratio of 1.09. The stock has a market cap of $8.93 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.50 and a beta of 1.26.

RPM International (NYSE:RPM) last released its earnings results on Monday, July 22nd. The specialty chemicals company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.10. RPM International had a return on equity of 23.46% and a net margin of 4.79%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, sell-side analysts expect that RPM International Inc. will post 3.36 earnings per share for the current fiscal year.

In other RPM International news, Director Frederick R. Nance sold 1,100 shares of the stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $66.54, for a total value of $73,194.00. Following the completion of the sale, the director now directly owns 16,581 shares in the company, valued at $1,103,299.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in the business. Front Row Advisors LLC increased its holdings in shares of RPM International by 867.1% in the second quarter. Front Row Advisors LLC now owns 15,077 shares of the specialty chemicals company’s stock worth $921,000 after acquiring an additional 13,518 shares in the last quarter. Nomura Holdings Inc. increased its holdings in shares of RPM International by 21.5% in the second quarter. Nomura Holdings Inc. now owns 25,072 shares of the specialty chemicals company’s stock worth $1,539,000 after acquiring an additional 4,433 shares in the last quarter. WealthStone Inc. bought a new stake in shares of RPM International in the second quarter worth about $594,000. Schroder Investment Management Group bought a new stake in shares of RPM International in the second quarter worth about $75,000. Finally, UBS Asset Management Americas Inc. increased its holdings in shares of RPM International by 3.8% in the second quarter. UBS Asset Management Americas Inc. now owns 172,914 shares of the specialty chemicals company’s stock worth $10,567,000 after acquiring an additional 6,283 shares in the last quarter. Institutional investors own 77.51% of the company’s stock.

RPM International Company Profile (NYSE:RPM)

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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