RPM International (NYSE:RPM) Shares Gap Down – Should You Sell?

RPM International Inc. (NYSE:RPM) shares gapped down prior to trading on Tuesday . The stock had previously closed at $120.43, but opened at $118.00. RPM International shares last traded at $120.74, with a volume of 261,686 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com raised RPM International from a “hold” rating to a “buy” rating in a research note on Monday. UBS Group raised their target price on RPM International from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Royal Bank of Canada increased their price target on shares of RPM International from $120.00 to $126.00 and gave the company a “sector perform” rating in a report on Thursday, October 3rd. Morgan Stanley boosted their price objective on shares of RPM International from $107.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, October 4th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of RPM International from $132.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $131.00.

RPM International Stock Performance

The company has a current ratio of 2.26, a quick ratio of 1.48 and a debt-to-equity ratio of 0.77. The stock’s 50 day moving average price is $131.71 and its two-hundred day moving average price is $123.06. The firm has a market capitalization of $15.87 billion, a PE ratio of 25.85, a PEG ratio of 1.98 and a beta of 1.02.

RPM International (NYSE:RPM) last posted its quarterly earnings data on Tuesday, January 7th. The specialty chemicals company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.05. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. RPM International had a net margin of 8.43% and a return on equity of 26.82%. The company’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.22 earnings per share. On average, equities analysts expect that RPM International Inc. will post 5.56 earnings per share for the current year.

RPM International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.65%. The ex-dividend date is Friday, January 17th. RPM International’s dividend payout ratio (DPR) is 42.77%.

Insider Activity at RPM International

In related news, VP Tracy D. Crandall sold 3,718 shares of the firm’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $133.71, for a total transaction of $497,133.78. Following the completion of the sale, the vice president now directly owns 22,738 shares of the company’s stock, valued at approximately $3,040,297.98. This trade represents a 14.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Michael J. Laroche sold 3,615 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $127.14, for a total value of $459,611.10. Following the completion of the transaction, the chief accounting officer now directly owns 11,596 shares in the company, valued at approximately $1,474,315.44. The trade was a 23.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,927 shares of company stock worth $1,037,214. 1.60% of the stock is owned by insiders.

Institutional Trading of RPM International

Several institutional investors have recently added to or reduced their stakes in RPM. Creative Financial Designs Inc. ADV boosted its position in RPM International by 61.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 215 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 82 shares during the period. Huntington National Bank lifted its stake in RPM International by 1.0% in the third quarter. Huntington National Bank now owns 10,828 shares of the specialty chemicals company’s stock valued at $1,310,000 after buying an additional 108 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of RPM International by 12.8% during the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the specialty chemicals company’s stock valued at $269,000 after acquiring an additional 247 shares during the period. Christopher J. Hasenberg Inc acquired a new stake in shares of RPM International in the 3rd quarter worth about $35,000. Finally, LRI Investments LLC lifted its position in RPM International by 12.4% in the 3rd quarter. LRI Investments LLC now owns 2,452 shares of the specialty chemicals company’s stock valued at $297,000 after purchasing an additional 271 shares during the last quarter. Institutional investors own 80.95% of the company’s stock.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.