RPM - RPM International Inc.
54.12 0.00 (0.00%)
After hours: 4:16PM EST
| Previous Close | 53.62 |
| Open | 53.48 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 800 |
| Day's Range | 53.24 - 54.27 |
| 52 Week Range | 46.36 - 68.13 |
| Volume | 1,280,264 |
| Avg. Volume | 1,140,003 |
| Market Cap | 7.125B |
| Beta (3Y Monthly) | 1.39 |
| PE Ratio (TTM) | 29.37 |
| EPS (TTM) | 1.84 |
| Earnings Date | Apr 3, 2019 - Apr 8, 2019 |
| Forward Dividend & Yield | 1.40 (2.54%) |
| Ex-Dividend Date | 2019-01-15 |
| 1y Target Est | 65.80 |
- Moody's•9 hours ago
RPM International Inc. -- Moody's affirms RPM International's ratings; changes outlook to Stable
Moody's Investors Service ("Moody's") affirmed the Baa3 ratings of RPM International Inc. and changed the outlook to stable from positive. "RPM's diversified portfolio of branded products continues to prove resilient, while its entrepreneurial culture and M&A track record support a strong business model and the investment grade rating," according to Joseph Princiotta, Senior Credit Officer at Moody's. "However, the current balance sheet together with the commitment to shareholders as part of the 2020 MAP to Growth plan lead us to conclude the company is appropriately positioned at the Baa3 rating at this time," Princiotta added.
- Market Realist•9 hours ago
PPG Stock Is Up on Its Q4 Earnings Beat
PPG Stock Is Up on Its Q4 Earnings BeatPPG Industries announces its fourth-quarter results PPG Industries (PPG) announced its fourth-quarter earnings results today before the market opened. It reported adjusted EPS of $1.15, a fall of ~3.4%
Market Realist•2 days agoPPG Industries’ Q4 Revenues Are Expected to Be Flat
PPG Industries: What to Expect from Its Q4 Earnings(Continued from Prior Part)Fourth-quarter revenue expectationsWall Street analysts expect PPG Industries (PPG) to post revenues of $3.65 billion in its fourth-quarter earnings release. The estimates
- Zacks•2 days ago
Why RPM International (RPM) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does RPM International (RPM) have what it takes? Let's find out.
- Market Realist•2 days ago
How Has PPG Stock Performed since Its Q3 Earnings?
PPG Industries: What to Expect from Its Q4 EarningsUpcoming fourth-quarter earningsIn a press release on January 8, PPG Industries (PPG) said it would announce its fourth-quarter earnings on January 17 before the market opens. The earnings will be
- Market Realist•3 days ago
Axalta: ‘Sahara’ Is the 2019 Automotive Color of the Year
Specialty Chemicals: Updates for the Week Ending January 11 (Continued from Prior Part) ## Axalta’s 2019 automotive color of the year On January 10, Axalta (AXTA) choose ‘Sahara,’ a golden bronze tone, as the 2019 automotive color of the year. Sahara radiates warmth and brings richness and strength to all vehicles irrespective of sizes. Axalta showcased Sahara in manufacturing facilities as well as the aftermarket for the first time in the five-year history of the automotive color of the year. Sahara could be the main color for two-tones. Axalta has been announcing the automotive color of the year since 2015. Axalta selected Radiant Red in 2015, Brilliant Blue in 2016, Gallant Gray in 2017, and Starlite in 2018. Axalta will display Sahara at the 2019 North American International auto show in Detroit. Dan Benton, the marketing manager ofAxalta’s refinish color department, said, “Axalta’s Color of the Year is another example of how Axalta transfers OEM technology to the aftermarket and repair businesses. We get calls every year from some of the industry’s best custom builders looking to use color to differentiate their products. We have Sahara formulated and ready-to-go in our industry-leading refinish brands including Cromax, Standox, and Spies Hecker.” ## Axalta’s stock price update Axalta continued its upward trend in 2019. The stock gained 4.8% and closed at $24.96 for the week ending January 11. The gain in the stock price helped narrow the company’s 100-day moving average gap. Axalta traded 4.8% below its 100-day moving average price of $26.23. So far in 2019, Axalta has gained 6.6%%. RPM International (RPM) and PPG Industries have declined 7.0% and 0.4%, respectively, while Sherwin-Williams (SHW) has gained 0.6%. Axalta’s 14-day RSI (relative strength index) is at 61, which indicates that the stock isn’t overbought or oversold. An RSI of 30 and below suggests that the stock is oversold, while an RSI of 70 and above suggests that the stock is overbought. Investors can hold Axalta indirectly by investing in the iShares U.S. Basic Materials ETF (IYM). IYM has invested 0.9% of its holdings in Axalta as of January 11. Browse this series on Market Realist: * Part 1 - Hanwha Total Petrochemical: W.R. Grace’s New Order * Part 2 - IFF Collaborates with Aryballe on Digital Nose * Part 3 - PPG Industries Launched a New Polyurethane Primer
- Market Realist•3 days ago
PPG Industries Launched a New Polyurethane Primer
Specialty Chemicals: Updates for the Week Ending January 11 (Continued from Prior Part) ## PPG Industries’ new launch On January 9, PPG Industries (PPG) announced the introduction of SPECTRACRON 385 POLY-IOTHANE—a solid primer. The new primer has outstanding durability in severe and corrosive environments. The primer has good chemical resistance, excellent flexibility, and direct and indirect impact resistance. The primer has maximum volatile organic compound emissions of 3.5 pounds per gallon. The new primer is environmentally friendly. The new primer is targeted at industries like industrial equipment, building materials, telecommunications, and other heavy-duty equipment applications. PPG Industries’ new launches are expected to drive its organic growth. We’ll have to wait and see how the new launches will contribute to PPG Industries’ revenue growth. ## Stock price updates PPG Industries had a positive week with gains of 2.0% and closed at $101.86 for the week ending January 11. Despite the gains in the stock price, PPG Industries traded 3.6% below the 100-day moving average price of $105.70. So far in 2019, PPG Industries has declined 0.4%. RPM International (RPM) has declined 7.0%, while Sherwin-Wiliams (SHW) and Axalta (AXTA) have gained 0.6% and 6.6%, respectively. PPG Industries’ 14-day relative strength index is at 51, which indicates that the stock isn’t overbought or oversold. Investors could hold PPG Industries indirectly by investing in the Guggenheim S&P 500 Equal Weight Materials ETF (RTM). RTM gained 2.4% during the week. RTM invests 4.0% of its portfolio in PPG Industries. Continue to Next Part Browse this series on Market Realist: * Part 1 - Hanwha Total Petrochemical: W.R. Grace’s New Order * Part 2 - IFF Collaborates with Aryballe on Digital Nose * Part 4 - Axalta: ‘Sahara’ Is the 2019 Automotive Color of the Year
- Market Realist•4 days ago
RPM International: Analysts’ Recommendations
Analyzing RPM International's First-Quarter Dividends (Continued from Prior Part) ## Analysts’ recommendations The number of analysts tracking RPM International (RPM) has remained constant at 13. Among the analysts, 46% recommended a “buy,” 39% recommended a “hold,” and 15% recommended a “sell.” Analysts’ recommendations are widely followed in the investor community. The recommendations help investors track the stock price and make investment decisions. Analysts’ consensus on RPM International indicates a target price of $66.80, which implies a return potential of 21.3% over the closing price as of January 10. RPM International reported disappointing earnings in the second quarter of fiscal 2019. A few analysts lowered RPM International’s target price. However, RPM International’s acquisition spree to maintain future growth is seen as a positive. Many analysts have recommended to “hold” the stock. ## Individual brokerages’ recommendations * Baird cut RPM International’s target price to $60 from the earlier recommendation of $65, which implies a potential return of ~9.0% based on its closing price on January 10. * RBC (RBC) cut RPM International’s target price to $59 from $66, which implies a return potential of 7.15% over the closing price as of January 10. * BMO Capital Markets recommended a “buy” for RPM International with a target price of $72, which implies a return potential of 30.8% over the closing price as of January 10. Investors could hold RPM International indirectly through the Invesco S&P MidCap Low Volatility ETF (XMLV). XMLV has invested 1.0% of its portfolio in RPM International. The fund also provides exposure to Atmos Energy (ATO) and Maximus (MMS) with weights of 1.5% and 1.4%, respectively. Browse this series on Market Realist: * Part 1 - Key Dates: RPM International’s First-Quarter Dividend * Part 2 - RPM International’s Free Cash Flow Trend * Part 3 - RPM’s Dividend Yield Is Showing an Upward Trend Again
- Thomson Reuters StreetEvents•6 days ago
Edited Transcript of RPM earnings conference call or presentation 4-Jan-19 3:00pm GMT
Q2 2019 RPM International Inc Earnings Call
Market Realist•6 days agoRPM’s Dividend Yield Is Showing an Upward Trend Again
As of January 10, RPM International’s (RPM) dividend yield stood at 2.54%—its second-highest quarterly dividend yield since the first quarter of 2015. PPG Industries (PPG) and Sherwin-Williams (SHW) have a dividend yield of 1.89% and 0.86%, respectively, while Axalta (AXTA) hasn’t paid a dividend.
Market Realist•7 days agoRPM International’s Free Cash Flow Trend
In this part, we’ll discuss RPM International’s free cash flow trend to see whether the company’s free cash flow can sustain its strong dividend growth plans.
- Market Realist•7 days ago
Key Dates: RPM International’s First-Quarter Dividend
Analyzing RPM International's First-Quarter Dividends ## RPM International’s first-quarter dividend In a press release on January 2, RPM International (RPM) announced the rates and key dates for its first-quarter dividend. To be eligible for RPM International’s first-quarter dividend, investors must hold RPM International shares in the company’s records as of the market close on January 16. The dividend is expected to be paid on January 31. For the first quarter, RPM International declared a dividend of $0.35 per share—no change from the previous quarter. However, the dividend represents an increase of ~9.4% compared to the same quarter the previous year. PPG Industries (PPG) and Sherwin-Williams (SHW) paid their fourth-quarter dividend of $0.48 and $0.86 per share, respectively, while Axalta (AXTA) hasn’t paid any dividends. RPM International had ~131.7 million outstanding shares after its earnings for the second quarter of fiscal 2019. Assuming that no share buybacks take place before the record date, RPM International will be paying $46.1 million in the form of dividends to its shareholders. ## Dividend growth trend RPM International has increased its dividend for 45 consecutive years. Since 2015, RPM International’s dividend has grown at a compound annual growth rate of ~8.7%. We need to discuss the cash flows to see if RPM International can sustain its dividend growth. Next, we’ll discuss RPM International’s free cash flow growth and its ability to support its dividend growth. Investors can get indirect exposure to RPM International through the Invesco DWA Basic Materials Momentum ETF (PYZ). PYZ had 3.1% of its holdings invested in RPM International as of January 10. Continue to Next Part Browse this series on Market Realist: * Part 2 - RPM International’s Free Cash Flow Trend * Part 3 - RPM’s Dividend Yield Is Showing an Upward Trend Again * Part 4 - RPM International: Analysts’ Recommendations
- GlobeNewswire•10 days ago
Factors of Influence in 2019, Key Indicators and Opportunity within RPM International, CareTrust REIT, Global Net Lease, EchoStar, Urban Outfitters, and Spartan Motors — New Research Emphasizes Economic Growth
NEW YORK, Jan. 08, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Motley Fool•10 days agoRPM International (RPM) Q2 2019 Earnings Conference Call Transcript
RPM earnings call for the period ending November 30, 2018.
- Market Realist•10 days ago
RPM International Announced Its Q2 2019 Earnings
Analyzing Chemical Companies in the Week Ending January 4 (Continued from Prior Part) ## RPM International’s earnings On January 4, RPM International (RPM) announced its earnings for the second quarter of fiscal 2019. The company reported an adjusted EPS of $0.52—a decline of 8.77% over the adjusted EPS of $0.57 the previous year. RPM International’s adjusted EPS fell short of analysts’ estimates of $0.68. RPM International reported revenues of $1.36 billion compared to $1.32 billion in the second quarter of 2018—3.6% growth year-over-year. However, RPM International missed analysts’ estimates of $1.38 billion. The revenue growth was mainly driven by organic growth and acquisition growth, while unfavorable foreign currency had a negative impact. Both of RPM International’s reporting segments witnessed revenue growth. Frank C. Sullivan, RPM’s chairman and CEO said, “We achieved solid top-line improvement with sales growth of 3.6%, despite the unfavorable foreign currency translation effect of 2.0%. Like many manufacturers, our bottom line was impacted by a continued rise in costs for raw materials, freight, labor, and energy, as well as adverse foreign exchange translation.” RPM International expects to report an EPS of $0.10–$0.12 for the third quarter of fiscal 2019. ## RPM International’s stock price The markets appeared to be disappointed with RPM International’s earnings. The stock price declined ~9.9% for the week and closed at 52.26. Sherwin-Williams (SHW) and Axalta (AXTA) gained 0.2% and 4.1%, respectively, for the week, while PPG Industries (PPG) declined 1.3%. The decline in RPM International’s stock price caused the stock to trade 16.7% below its 100-day moving average price of $62.71 RPM International’s 14-day relative strength index of 26 indicates that the stock has temporarily moved into the oversold position. Investors could hold RPM International indirectly by investing in the First Trust Dorsey Wright Momentum & Dividend ETF (FXZ). FXZ has invested 2.9% of its holdings in RPM International as of January 4. Browse this series on Market Realist: * Part 1 - DowDuPont’s Corteva Sold Its Herbicide Product Line * Part 2 - Celanese Completed the Next Polymers Acquisition * Part 3 - Westlake Chemical Completed the Nakan Acquisition
- Zacks•11 days ago
RPM Misses Q2 Earnings and Revenue Estimates, Shares Decline
RPM's shares decline after coming up with depressing bottom-line performance in the fiscal second quarter and lower third-quarter guidance.
Motley Fool•11 days agoRPM International Sees Tough Times Ahead Despite Record Sales
The coatings and sealants specialist saw growth rates slow.
- Simply Wall St.•13 days ago
Is RPM International Inc.’s (NYSE:RPM) CEO Salary Justified?
In 2002 Frank Sullivan was appointed CEO of RPM International Inc. (NYSE:RPM). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that Read More...
- Zacks•14 days ago
RPM International (RPM) Q2 Earnings and Revenues Miss Estimates
RPM International (RPM) delivered earnings and revenue surprises of -21.21% and -2.35%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?
- TheStreet.com•14 days ago
U.S.-China Commerce Dept Talks Give a Boost: Market Recon
Stocks broadly closed at their lows for the session, after a failed attempt at a rally just before midday. The ISM Manufacturing survey did not help one bit, and seemed to confirm what we already knew after the regional Fed manufacturing surveys poured in from New York, Richmond, Kansas City and Dallas. Had a global economic slowdown finally come home to roost?
- Associated Press•14 days ago
RPM International: Fiscal 2Q Earnings Snapshot
On a per-share basis, the Medina, Ohio-based company said it had net income of 37 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 52 cents per share. ...
- Business Wire•14 days ago
RPM Reports Fiscal 2019 Second-Quarter Results
MEDINA, Ohio-- -- Record second-quarter sales of $1.36 billion improved 3.6% over prior year Second-quarter diluted EPS of $0.37 includes restructuring and other charges, along with adverse impacts from higher raw material costs, foreign exchange and new accounting standard Excluding restructuring and other charges, diluted EPS was $0.52 SG&A improves as a percent of sales due to better cost controls ...
- Business Wire•16 days ago
RPM Declares Quarterly Dividend
RPM International Inc. today announced that its board of directors has declared a regular quarterly cash dividend of $0.35 per share, payable on January 31, 2019 to stockholders of record as of January 16, 2019.
- Zacks•16 days ago
What to Expect From RPM International's (RPM) Q2 Earnings
Accretive acquisitions and improved product line are likely to help RPM International (RPM) to post higher fiscal Q2 revenues. However, rising raw material costs remain a challenge for the company.
- Zacks•18 days ago
Are You Looking for a High-Growth Dividend Stock? RPM International (RPM) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does RPM International (RPM) have what it takes? Let's find out.
