RPM International Inc. (NYSE:RPM) – Research analysts at Seaport Global Securities lowered their Q3 2018 earnings estimates for shares of RPM International in a report released on Friday. Seaport Global Securities analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $0.19 for the quarter, down from their previous forecast of $0.22. Seaport Global Securities also issued estimates for RPM International’s Q4 2018 earnings at $1.29 EPS, Q1 2019 earnings at $1.05 EPS, Q3 2019 earnings at $0.28 EPS, Q4 2019 earnings at $1.39 EPS and FY2019 earnings at $3.50 EPS.

RPM International (NYSE:RPM) last issued its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.11. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.26 billion. RPM International had a return on equity of 25.05% and a net margin of 6.80%. The business’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share.

A number of other brokerages have also issued reports on RPM. TheStreet lowered RPM International from a “b” rating to a “c+” rating in a research note on Wednesday, October 4th. Royal Bank of Canada reiterated a “hold” rating and set a $51.00 price objective on shares of RPM International in a research report on Wednesday, November 15th. Finally, Zacks Investment Research downgraded RPM International from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $57.86.

Shares of RPM International (RPM) traded down $0.53 during trading hours on Monday, hitting $53.54. The stock had a trading volume of 1,316,900 shares, compared to its average volume of 1,680,367. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.23 and a quick ratio of 1.42. The firm has a market capitalization of $7,150.00, a price-to-earnings ratio of 21.16, a PEG ratio of 2.34 and a beta of 1.53. RPM International has a 12-month low of $47.87 and a 12-month high of $56.69.

A number of institutional investors have recently made changes to their positions in RPM. Advisory Services Network LLC lifted its position in RPM International by 2.7% during the second quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company’s stock worth $119,000 after buying an additional 57 shares in the last quarter. Flinton Capital Management LLC raised its position 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 purchasing an additional 2,352 shares during the period. Riverhead Capital Management LLC raised its position 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 purchasing an additional 2,623 shares during the period. Albion Financial Group UT raised its position 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 purchasing an additional 95 shares during the period. Finally, Captrust Financial Advisors purchased a new stake in RPM International in the second quarter valued at $526,000. Hedge funds and other institutional investors own 75.44% of the company’s stock.

In related news, insider Ronald A. Rice sold 44,839 shares of RPM International stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of $51.83, for a total transaction of $2,324,005.37. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.10% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be given a dividend of $0.32 per share. The ex-dividend date is Tuesday, January 16th. This represents a $1.28 dividend on an annualized basis and a yield of 2.39%. RPM International’s payout ratio is 50.59%.

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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).

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

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