Somewhat Favorable News Coverage Somewhat Unlikely to Impact RPM International (RPM) Stock Price

Somewhat Favorable News Coverage Somewhat Unlikely to Impact RPM International (RPM) Stock Price

Here are some of the media stories that may have impacted Alpha One’s analysis:

News articles about RPM International (NYSE:RPM) have been trending somewhat positive on Tuesday, according to AlphaOne. The research firm, a division of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. RPM International earned a media sentiment score of 0.24 on AlphaOne’s scale. AlphaOne also assigned media stories about the specialty chemicals company an impact score of 47 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

RPM International (NYSE:RPM) traded down 0.35% during mid-day trading on Tuesday, hitting $53.80. The stock had a trading volume of 1,033,540 shares. The stock has a 50-day moving average price of $52.32 and a 200 day moving average price of $52.99. RPM International has a 12-month low of $46.25 and a 12-month high of $56.40. The firm has a market cap of $7.19 billion, a P/E ratio of 34.44 and a beta of 1.38.

RPM International (NYSE:RPM) last issued its earnings results on Thursday, April 6th. The specialty chemicals company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.04 billion. RPM International had a return on equity of 26.60% and a net margin of 4.39%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company posted $0.14 earnings per share. Equities analysts anticipate that RPM International will post $2.63 EPS for the current fiscal year.

RPM has been the subject of several recent research reports. TheStreet upgraded RPM International from a “c+” rating to a “b-” rating in a research report on Thursday, March 16th. Northcoast Research upgraded RPM International from a “neutral” rating to a “buy” rating and set a $62.00 price target for the company in a research report on Friday, February 17th. Evercore ISI initiated coverage on RPM International in a research report on Monday, February 13th. They set a “buy” rating and a $59.00 price target for the company. Seaport Global Securities upgraded RPM International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $55.00 to $60.00 in a research report on Tuesday, May 16th. Finally, Zacks Investment Research upgraded RPM International from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Tuesday, May 2nd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. RPM International presently has a consensus rating of “Buy” and a consensus price target of $60.00.

About RPM International

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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “RPM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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