As of Friday close, RPM International Inc.’s (NYSE:RPM) stock was down -$0.02, moving down -0.02 percent to $100.86. The average number of shares traded per day over the past five days has been 568,140 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.09 fall in that time frame. In the last twenty days, the average volume was 811,045, while in the previous 50 days, it was 649,538.
Since last month, RPM stock rose 8.49%. Shares of the company fell to $91.76 on 07/24/23, the lowest level in the past month. A 52-week high of $107.40 was reached on 07/27/23 after having rallying from a 52-week low of $78.52. Since the beginning of this year, RPM’s stock price has risen by 3.50% or $3.41, and marked a new high 4 times. However, the stock has declined by -6.09% since its 52-week high.
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RPM stock investors should be aware that RPM International Inc. (RPM) stock had its last reported insider trading activity 3 days ago on Aug 16. Laroche Michael J., the VP, Controller & CAO of the company, disposed of 2,593 shares for $103.63 on Aug 16. It resulted in a $268,714 divestment by the insider. Ratajczak Matthew T sold 6,137 shares at an average price of $103.29 on Aug 03. The insider now owns 29,451 shares following the transaction. On Aug 03, SVP, GC & CCO Moore Edward W. sold 3,966 shares at $103.02 apiece. The transaction was valued at $408,573.
Valuation Metrics
Right now, RPM International Inc. (RPM) has a P/E ratio of about 27.08. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 1.79, the price-to-book (PB) ratio of 6.00, and the price-to-cash flow ratio of 34.11 may also be considered.
The latest dividend of $0.42 per share was paid out, remained unchanged from last year’s $0.42. On Thursday October 6 2022, a $0.02 dividend increase was announced.
Financial Health
In the three months ended May 30, RPM International Inc.’s quick ratio stood at 1.40, while its current ratio was 2.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending May 30 was 1.17, and the total debt-to-equity ratio was 1.25. On the profitability front, the trailing twelve-month gross margin is 37.90% percent. In the year ended May 30, EBITDA margin amounted to 12.91%, whereas operating margins totaled 10.20%. Based on annual data, RPM earned $2.75 billion in gross profit and brought in $7.26 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.80%. Return on equity (ROE) for the past 12 months was 23.00%.
In RPM International Inc.’s quarter-end financial report for May 30, it reported total debt of $2.82 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. RPM’s revenue rose 5.43% to $1.79 billion during the quarter, while net income inched up to $1.52 billion. While analysts expected RPM International Inc. to report $1.3 quarterly earnings, the actual figure was $1.36 per share, beating the consensus estimate by 4.60%. During the quarter, the company generated $284.7 million in EBITDA. The liabilities of RPM International Inc. were 4.64 billion at the end of its most recent quarter ended May 30, and its total debt was $3.03 billion. The value of shareholders’ equity is $129.05 million.
Technical Picture
This quick technical analysis looks at RPM International Inc.’s (RPM) price momentum. With a historical volatility rate of 10.89%, the RSI 9-day stood at 46.30% on 18 August.
With respect to its five-day moving average, the current RPM International Inc. price is down by -2.97% percent or -$3.09. At present, RPM shares trade +8.51% above its 20-day simple moving average and +20.13% percent above its 100-day simple moving average. However, the stock is currently trading approximately +20.29% above its SMA50 and +6.65% above its SMA200.
Stochastic coefficient K was 6.98% and Stochastic coefficient D was 18.14%, while ATR was 1.78. Given the Stochastic reading of 6.23% for the 14-day period, the RSI (14) reading has been calculated as 55.59%. As of today, the MACD Oscillator reading stands at -1.41, while the 14-day reading stands at -1.72.
Analyst Ratings
Deutsche Bank upgraded its rating on RPM International Inc. (NYSE: RPM) to a Buy in a note to investors on July 27, 2023. The analysts firm previously had a Hold rating on the stock.RPM International Inc. (RPM) has been rated Overweight by analysts. According to 0 brokerage firms, RPM is a sell, and 8 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate RPM International Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $108.50, the current consensus forecast for the stock is $97.00 – $123.00. Based on these forecasts, analysts predict RPM International Inc. (RPM) will achieve an average price target of $109.07.
