RPM International, Inc. (RPM) Shares Rise Despite Market Challenges

The stock of RPM International, Inc. (NYSE: RPM) has increased by 0.27 when compared to last closing price of 114.05.Despite this, the company has seen a loss of -0.40% in its stock price over the last five trading days. zacks.com reported 2024-08-26 that RPM International (RPM) gains from strong infrastructural demand and MAP 2025 initiatives. Yet, high expenses and softness in certain end markets hurt.

Is It Worth Investing in RPM International, Inc. (NYSE: RPM) Right Now?

The price-to-earnings ratio for RPM International, Inc. (NYSE: RPM) is 25.04x, which is above its average ratio. Moreover, the 36-month beta value for RPM is 0.99. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for RPM is 127.17M and currently, short sellers hold a 1.96% of that float. On September 06, 2024, RPM’s average trading volume was 671.98K shares.

RPM’s Market Performance

RPM’s stock has seen a -0.40% decrease for the week, with a 1.57% rise in the past month and a 3.78% gain in the past quarter. The volatility ratio for the week is 1.58%, and the volatility levels for the past 30 days are at 1.84% for RPM International, Inc. The simple moving average for the past 20 days is -0.67% for RPM’s stock, with a 2.96% simple moving average for the past 200 days.

Analysts’ Opinion of RPM

Many brokerage firms have already submitted their reports for RPM stocks, with JP Morgan repeating the rating for RPM by listing it as a “Neutral.” The predicted price for RPM in the upcoming period, according to JP Morgan is $120 based on the research report published on July 26, 2024 of the current year 2024.

Vertical Research, on the other hand, stated in their research note that they expect to see RPM reach a price target of $126. The rating they have provided for RPM stocks is “Buy” according to the report published on July 16th, 2024.

Mizuho gave a rating of “Buy” to RPM, setting the target price at $128 in the report published on January 12th of the current year.

RPM Trading at 0.89% 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 -6.97% of loss for the given period.

Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 1.58%, as shares sank -0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.41% upper at present.

During the last 5 trading sessions, RPM fell by -0.13%, which changed the moving average for the period of 200-days by +12.50% in comparison to the 20-day moving average, which settled at $115.12. In addition, RPM International, Inc. saw 2.44% 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 SULLIVAN FRANK C, who sale 57,083 shares at the price of $116.06 back on Aug 16 ’24. After this action, SULLIVAN FRANK C now owns 1,039,040 shares of RPM International, Inc., valued at $6,625,053 using the latest closing price.

SULLIVAN FRANK C, the Officer of RPM International, Inc., proposed sale 57,083 shares at $115.95 during a trade that took place back on Aug 16 ’24, which means that SULLIVAN FRANK C is holding shares at $6,618,958 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
  • 0.41 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 25.18, with 8.76 for asset returns.

Based on RPM International, Inc. (RPM), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.87. The interest coverage ratio of the stock is 7.55.

Currently, EBITDA for the company is 1.05 billion with net debt to EBITDA at 2.12. When we switch over and look at the enterprise to sales, we see a ratio of 2.3. The receivables turnover for the company is 4.97for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.

Conclusion

To wrap up, the performance of RPM International, Inc. (RPM) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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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