Royal Bank Of Canada Has Lowered Expectations for RPM International (NYSE:RPM) Stock Price

RPM International (NYSE:RPM) had its target price reduced by stock analysts at Royal Bank Of Canada from $128.00 to $120.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the specialty chemicals company’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 23.62% from the company’s previous close.

Several other equities analysts also recently commented on RPM. Morgan Stanley decreased their price objective on shares of RPM International from $117.00 to $114.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of RPM International in a report on Friday, July 24th. Wells Fargo & Company decreased their price target on shares of RPM International from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Monday. BMO Capital Markets increased their price target on shares of RPM International from $143.00 to $151.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Finally, Bank of America raised their price objective on shares of RPM International from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.23.

RPM International Stock Performance

NYSE:RPM traded down $1.24 on Wednesday, hitting $97.07. The company’s stock had a trading volume of 320,824 shares, compared to its average volume of 1,066,363. RPM International has a one year low of $92.92 and a one year high of $121.78. The firm has a market capitalization of $12.38 billion, a P/E ratio of 18.83, a price-to-earnings-growth ratio of 1.95 and a beta of 1.05. The stock has a fifty day moving average of $105.51 and a two-hundred day moving average of $104.59. The company has a current ratio of 1.68, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64.

RPM International (NYSE:RPM) last issued its earnings results on Tuesday, October 6th. The specialty chemicals company reported $1.98 EPS for the quarter, topping the consensus estimate of $1.95 by $0.03. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.22 billion. RPM International had a return on equity of 22.45% and a net margin of 8.41%.The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.88 EPS. Research analysts predict that RPM International will post 5.96 earnings per share for the current year.

Institutional Investors Weigh In On RPM International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Operose Advisors LLC acquired a new stake in RPM International during the second quarter worth approximately $26,000. Versant Capital Management Inc lifted its stake in RPM International by 36.0% in the second quarter. Versant Capital Management Inc now owns 1,050 shares of the specialty chemicals company’s stock valued at $117,000 after buying an additional 278 shares during the period. Danske Bank A S bought a new position in shares of RPM International during the 2nd quarter worth approximately $47,000. Syon Capital LLC boosted its holdings in shares of RPM International by 10.4% during the 2nd quarter. Syon Capital LLC now owns 4,688 shares of the specialty chemicals company’s stock worth $521,000 after buying an additional 442 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. grew its position in shares of RPM International by 4.8% during the 1st quarter. Stock Yards Bank & Trust Co. now owns 10,059 shares of the specialty chemicals company’s stock worth $1,000,000 after buying an additional 463 shares during the period. 80.95% of the stock is currently owned by institutional investors and hedge funds.

More RPM International News

Here are the key news stories impacting RPM International this week:

• Positive Sentiment: Quarterly earnings beat expectations: RPM reported adjusted earnings of $1.98 per share, above the $1.95 consensus estimate and up from $1.88 a year earlier. Revenue rose 4.8% year over year to $2.22 billion, in line with expectations. RPM International Q1 Earnings Top Estimates
• Positive Sentiment: Record operating performance and emerging-market growth: Adjusted EBITDA reached a record $405.5 million, with sales growth supported by emerging markets and strength in the Performance Coatings segment. Management maintained an upbeat tone on fiscal 2027 growth prospects. RPM Reports Record Fiscal 2027 First-Quarter Results
• Positive Sentiment: Cash returns could support the stock: Rising free cash flow, continued share buybacks and RPM’s track record of dividend growth reinforce its “Dividend King” profile. Shares also remain below recent analyst price targets, including Wells Fargo’s revised $130 target, despite its lower forecast. RPM International’s Dividend King Status Just Got Stronger
• Neutral Sentiment: Volteco acquisition adds a longer-term opportunity: RPM completed its acquisition of waterproofing specialist Volteco on October 1, potentially expanding its waterproofing portfolio, though the near-term earnings contribution is uncertain.
• Negative Sentiment: Housing and margin concerns remain: CEO Frank Sullivan warned that housing turnover is at a roughly 40-year low and is unlikely to improve soon. Softer DIY and construction demand, raw-material inflation, and anticipated first-half price-cost pressure could limit margins and offset some of the earnings momentum. RPM CEO Sounds Housing Alarm

About RPM International

RPM International Inc is a multinational manufacturer of specialty coatings, sealants, building materials and related products. The company serves the construction, industrial, automotive, marine and consumer markets through a portfolio of businesses that develop products for protecting, repairing, maintaining and enhancing surfaces and structures.

Its brands and businesses include Rust-Oleum consumer and industrial coatings, DAP caulks and sealants, Tremco and Euclid Chemical construction products, Carboline protective coatings, Stonhard seamless flooring systems and Flowcrete flooring products.