RPM International (RPM) Releases Q4 2019 Earnings Guidance

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RPM International (NYSE:RPM) issued an update on its fourth quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.12-1.16 for the period, compared to the Thomson Reuters consensus estimate of $1.15.

Shares of RPM International stock opened at $59.43 on Thursday. The stock has a market capitalization of $7.78 billion, a PE ratio of 20.35, a P/E/G ratio of 2.78 and a beta of 1.18. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 1.25. RPM International has a 1 year low of $46.64 and a 1 year high of $68.13.

RPM International (NYSE:RPM) last issued its earnings results on Friday, January 4th. The specialty chemicals company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.15). The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. RPM International had a net margin of 4.47% and a return on equity of 21.39%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 EPS. Sell-side analysts forecast that RPM International will post 2.52 earnings per share for the current year.

RPM has been the topic of a number of recent analyst reports. BMO Capital Markets set a $72.00 target price on shares of RPM International and gave the company a buy rating in a research note on Friday, January 4th. Zacks Investment Research reaffirmed a buy rating and set a $67.00 price objective on shares of RPM International in a research report on Monday, December 31st. Royal Bank of Canada reaffirmed a hold rating and set a $59.00 price objective on shares of RPM International in a research report on Sunday, January 6th. ValuEngine downgraded shares of RPM International from a buy rating to a hold rating in a research report on Saturday, January 5th. Finally, Vertical Research downgraded shares of RPM International from a hold rating to a sell rating in a research report on Thursday, January 3rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. RPM International has an average rating of Hold and an average target price of $65.13.

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RPM International Company Profile

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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Earnings History and Estimates for RPM International (NYSE:RPM)

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