RPM International (RPM) Set to Announce Earnings on Wednesday

RPM International (NYSE:RPM) is set to post its quarterly earnings results before the market opens on Wednesday, October 2nd. Analysts expect RPM International to post earnings of $1.76 per share for the quarter. RPM International has set its Q1 2025 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

RPM International (NYSE:RPM) last announced its earnings results on Thursday, July 25th. The specialty chemicals company reported $1.56 earnings per share for the quarter, hitting the consensus estimate of $1.56. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. RPM International had a net margin of 8.02% and a return on equity of 26.80%. RPM International’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.36 earnings per share. On average, analysts expect RPM International to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

RPM International Trading Down 0.8 %

NYSE:RPM opened at $122.93 on Monday. The stock has a fifty day simple moving average of $117.48 and a 200-day simple moving average of $113.54. RPM International has a 52-week low of $88.84 and a 52-week high of $125.35. The company has a market capitalization of $15.83 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.85 and a beta of 1.00. The company has a quick ratio of 1.32, a current ratio of 1.97 and a debt-to-equity ratio of 0.79.

RPM International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Wednesday, July 17th. RPM International’s dividend payout ratio is currently 42.40%.

Analyst Ratings Changes

RPM has been the subject of a number of recent research reports. Wells Fargo & Company upped their target price on RPM International from $110.00 to $125.00 and gave the company an “equal weight” rating in a research note on Friday, July 26th. BMO Capital Markets reduced their price target on RPM International from $140.00 to $139.00 and set an “outperform” rating for the company in a research note on Tuesday, August 27th. Vertical Research upgraded RPM International from a “hold” rating to a “buy” rating and set a $126.00 price target on the stock in a research report on Tuesday, July 16th. Mizuho dropped their price objective on RPM International from $136.00 to $134.00 and set an “outperform” rating for the company in a research note on Friday, July 26th. Finally, Royal Bank of Canada raised their price target on RPM International from $119.00 to $120.00 and gave the company a “sector perform” rating in a research report on Friday, July 26th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $122.22.

Insider Transactions at RPM International

In other news, VP Matthew T. Ratajczak sold 1,452 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $117.79, for a total transaction of $171,031.08. Following the sale, the vice president now directly owns 24,339 shares in the company, valued at approximately $2,866,890.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other RPM International news, VP Matthew T. Ratajczak sold 1,452 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $117.79, for a total value of $171,031.08. Following the completion of the sale, the vice president now owns 24,339 shares of the company’s stock, valued at $2,866,890.81. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Frank C. Sullivan sold 57,083 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $116.06, for a total transaction of $6,625,052.98. Following the completion of the transaction, the chief executive officer now directly owns 1,039,040 shares of the company’s stock, valued at approximately $120,590,982.40. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

About RPM International

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.