In the latest session, RPM International, Inc. (NYSE: RPM) closed at $111.69 down -5.76% from its previous closing price of $118.52. In other words, the price has decreased by -$6.83 from its previous closing price. On the day, 1605465 shares were traded.
Ratios:
For a deeper understanding of RPM International, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on January 12, 2024, initiated with a Buy rating and assigned the stock a target price of $128.
On July 27, 2023, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $90 to $118.
On June 05, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $90.Deutsche Bank initiated its Hold rating on June 05, 2023, with a $90 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 15 ’24 when Ratajczak Matthew T sold 6,000 shares for $109.63 per share. The transaction valued at 657,806 led to the insider holds 23,451 shares of the business.
Nance Frederick R. sold 1,835 shares of RPM for $200,114 on Feb 15 ’24. The Director now owns 8,180 shares after completing the transaction at $109.05 per share. On Jan 10 ’24, another insider, Kinser Timothy R., who serves as the VP-Operations of the company, sold 2,380 shares for $107.00 each. As a result, the insider received 254,660 and left with 20,767 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RPM now has a Market Capitalization of 14.39B and an Enterprise Value of 16.66B. As of this moment, RPM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.76, and their Forward P/E ratio for the next fiscal year is 20.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 6.13. Its current Enterprise Value per Revenue stands at 2.27 whereas that against EBITDA is 16.61.
Stock Price History:
Over the past 52 weeks, RPM has reached a high of $120.74, while it has fallen to a 52-week low of $78.52. The 50-Day Moving Average of the stock is 112.78, while the 200-Day Moving Average is calculated to be 102.45.
Shares Statistics:
For the past three months, RPM has traded an average of 607.44K shares per day and 518.65k over the past ten days. A total of 128.77M shares are outstanding, with a floating share count of 127.28M. Insiders hold about 1.24% of the company’s shares, while institutions hold 81.67% stake in the company. Shares short for RPM as of Mar 15, 2024 were 1.47M with a Short Ratio of 2.41, compared to 1.96M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.14% and a Short% of Float of 1.29%.
Dividends & Splits
According to the company, the forward annual dividend rate for RPM is 1.76, from 1.72 in the trailing year. Against a Trailing Annual Dividend Yield of 1.45%, it implies a Forward Annual Dividend Yield of 1.57%. The stock’s 5-year Average Dividend Yield is 1.84. The current Payout Ratio is 44.67% for RPM, which recently paid a dividend on Jan 31, 2024 with an ex-dividend date of Apr 18, 2024. Stock splits for the company last occurred on Dec 09, 1997 when the company split stock in a 5:4 ratio.
Earnings Estimates
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.43, while EPS last year was $0.37. The consensus estimate for the next quarter is $1.63, with high estimates of $1.7 and low estimates of $1.52.
Analysts are recommending an EPS of between $5.01 and $4.8 for the fiscal current year, implying an average EPS of $4.95. EPS for the following year is $5.57, with 14 analysts recommending between $5.84 and $5.2.
Revenue Estimates
A total of 16 analysts have provided revenue estimates for RPM’s current fiscal year. The highest revenue estimate was $7.45B, while the lowest revenue estimate was $7.32B, resulting in an average revenue estimate of $7.4B. In the same quarter a year ago, actual revenue was $7.26B, up 1.90% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $7.69B in the next fiscal year. The high estimate is $7.85B and the low estimate is $7.54B. The average revenue growth estimate for next year is up 3.90% from the average revenue estimate for this year.
