Somewhat Positive News Coverage Somewhat Unlikely to Affect RPM International (RPM) Stock Price
News articles about RPM International (NYSE:RPM) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RPM International earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media stories about the specialty chemicals company an impact score of 45.4627756668535 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Comparing RPM International (RPM) & Axalta Coating Systems (AXTA) (americanbankingnews.com)
- Zacks: Brokerages Expect RPM International Inc. (RPM) Will Post Quarterly Sales of $1.25 Billion (americanbankingnews.com)
- Global Construction Chemicals Market to Discern Steadfast Expansion During 2017-2027 (sbwire.com)
- RPM International : to Webcast Presentation at Morgan Stanley Global Chemicals Conference (4-traders.com)
- RPM International Inc (RPM) Stake Increased by Vaughan David Investments Inc/il – First News 24 (firstnewspaper24.com)
RPM International (NYSE:RPM) opened at $51.87 on Friday. The company has a market cap of $6,926.51, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.38 and a current ratio of 2.16. RPM International has a 12-month low of $47.87 and a 12-month high of $56.48.
RPM International (NYSE:RPM) last announced its quarterly earnings data on Wednesday, October 4th. The specialty chemicals company reported $0.86 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.02. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. RPM International had a net margin of 3.67% and a return on equity of 24.73%. RPM International’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 EPS. sell-side analysts expect that RPM International will post 2.86 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, October 13th. This represents a $1.28 dividend on an annualized basis and a yield of 2.47%. This is an increase from RPM International’s previous quarterly dividend of $0.30. RPM International’s dividend payout ratio is presently 94.82%.
Several research firms recently commented on RPM. Royal Bank Of Canada reiterated a “hold” rating and issued a $51.00 price target on shares of RPM International in a research report on Wednesday. Robert W. Baird reiterated a “hold” rating and issued a $56.00 price target on shares of RPM International in a research report on Friday, September 1st. BidaskClub downgraded shares of RPM International from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Wellington Shields upgraded shares of RPM International from a “hold” rating to an “accumulate” rating in a research report on Friday, August 18th. Finally, Zacks Investment Research upgraded shares of RPM International from a “sell” rating to a “hold” rating in a research report on Saturday, July 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $57.33.
In other RPM International news, insider Ronald A. Rice sold 44,839 shares of the company’s stock in a transaction on Tuesday, October 17th. The shares were 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 Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is currently owned by corporate insiders.
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).
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.