RPM International, Inc. (RPM): A Technical Analysis

RPM International, Inc. (NYSE: RPM) has a higher price-to-earnings ratio of 27.35x compared to its average ratio. RPM has 36-month beta value of 0.99. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”

The public float for RPM is 127.16M, and currently, short sellers hold a 2.10% ratio of that float. The average trading volume of RPM on July 25, 2024 was 605.37K shares.

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RPM) stock’s latest price update

RPM International, Inc. (NYSE: RPM) has experienced a rise in its stock price by 7.07 compared to its previous closing price of 110.88. However, the company has seen a gain of 3.90% in its stock price over the last five trading days. zacks.com reported 2024-07-25 that The headline numbers for RPM International (RPM) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

RPM’s Market Performance

RPM’s stock has risen by 3.90% in the past week, with a monthly rise of 9.98% and a quarterly rise of 10.00%. The volatility ratio for the week is 2.28% while the volatility levels for the last 30 days are 1.96% for RPM International, Inc. The simple moving average for the past 20 days is 8.40% for RPM’s stock, with a 9.89% simple moving average for the past 200 days.

Analysts’ Opinion of RPM

Many brokerage firms have already submitted their reports for RPM stocks, with Vertical Research repeating the rating for RPM by listing it as a “Buy.” The predicted price for RPM in the upcoming period, according to Vertical Research is $126 based on the research report published on July 16, 2024 of the current year 2024.

Mizuho, on the other hand, stated in their research note that they expect to see RPM reach a price target of $128. The rating they have provided for RPM stocks is “Buy” according to the report published on January 12th, 2024.

Deutsche Bank gave a rating of “Buy” to RPM, setting the target price at $118 in the report published on July 27th of the previous year.

RPM Trading at 7.31% from the 50-Day Moving Average

After a stumble in the market that brought RPM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.67% of loss for the given period.

Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares surge +9.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.50% upper at present.

During the last 5 trading sessions, RPM rose by +3.11%, which changed the moving average for the period of 200-days by +20.08% in comparison to the 20-day moving average, which settled at $110.02. In addition, RPM International, Inc. saw 6.35% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RPM starting from Gordon Russell L, who sale 11,665 shares at the price of $114.16 back on May 15 ’24. After this action, Gordon Russell L now owns 122,161 shares of RPM International, Inc., valued at $1,331,688 using the latest closing price.

Ratajczak Matthew T, the VP-Global Tax and Treasurer of RPM International, Inc., sale 6,000 shares at $109.63 during a trade that took place back on Feb 15 ’24, which means that Ratajczak Matthew T is holding 23,451 shares at $657,806 based on the most recent closing price.

Stock Fundamentals for RPM

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.4 for the gross margin

The net margin for RPM International, Inc. stands at 0.08. The total capital return value is set at 0.17. Equity return is now at value 25.31, with 8.57 for asset returns.

Based on RPM International, Inc. (RPM), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 6.92.

Currently, EBITDA for the company is 937.18 million with net debt to EBITDA at 2.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.41. The receivables turnover for the company is 6.55for trailing twelve months and the total asset turnover is 1.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.29.

Conclusion

To put it simply, RPM International, Inc. (RPM) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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