Equities analysts predict that RPM International Inc. (NYSE:RPM) will announce earnings per share (EPS) of $0.18 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for RPM International’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.22. RPM International reported earnings per share of $0.14 in the same quarter last year, which would indicate a positive year over year growth rate of 28.6%. The business is expected to report its next earnings report on Thursday, April 5th.
According to Zacks, analysts expect that RPM International will report full-year earnings of $3.02 per share for the current year, with EPS estimates ranging from $3.00 to $3.05. For the next fiscal year, analysts anticipate that the company will report earnings of $3.33 per share, with EPS estimates ranging from $3.22 to $3.50. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for RPM International.
RPM International (NYSE:RPM) last posted its quarterly earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.11. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.26 billion. RPM International had a net margin of 6.80% and a return on equity of 25.05%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company posted $0.52 earnings per share.
In related news, SVP Edward W. Moore sold 2,578 shares of the firm’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $53.79, for a total transaction of $138,670.62. Following the completion of the transaction, the senior vice president now owns 98,417 shares of the company’s stock, valued at $5,293,850.43. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Frank C. Sullivan sold 35,000 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $52.38, for a total transaction of $1,833,300.00. Following the transaction, the chairman now directly owns 1,188,489 shares of the company’s stock, valued at approximately $62,253,053.82. The disclosure for this sale can be found here. Company insiders own 2.10% of the company’s stock.
Several institutional investors have recently modified their holdings of RPM. Advisory Services Network LLC raised its holdings in shares of RPM International by 2.7% during the second quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company’s stock worth $119,000 after purchasing an additional 57 shares during the last quarter. Elefante Mark B purchased a new position in shares of RPM International during the fourth quarter worth $213,000. Opus Capital Group LLC purchased a new position in shares of RPM International during the fourth quarter worth $219,000. Flinton Capital Management LLC raised its holdings in shares of RPM International by 52.1% during the second quarter. Flinton Capital Management LLC now owns 6,864 shares of the specialty chemicals company’s stock worth $374,000 after purchasing an additional 2,352 shares during the last quarter. Finally, Albion Financial Group UT raised its holdings in shares of RPM International by 1.1% during the second quarter. Albion Financial Group UT now owns 8,583 shares of the specialty chemicals company’s stock worth $468,000 after purchasing an additional 95 shares during the last quarter. 75.59% of the stock is owned by hedge funds and other institutional investors.
RPM International (RPM) traded down $0.75 during midday trading on Thursday, hitting $48.60. 488,497 shares of the company’s stock were exchanged, compared to its average volume of 1,251,981. The stock has a market capitalization of $6,550.00, a PE ratio of 19.24, a P/E/G ratio of 1.78 and a beta of 1.46. RPM International has a fifty-two week low of $47.86 and a fifty-two week high of $56.69. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, January 16th. This represents a $1.28 annualized dividend and a dividend yield of 2.63%. RPM International’s dividend payout ratio (DPR) is presently 50.59%.
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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).
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