RPM International (NYSE:RPM) Earns Overweight Rating from Analysts at KeyCorp

by · The Markets Daily

Investment analysts at KeyCorp assumed coverage on shares of RPM International (NYSE:RPM – Get Free Report) in a research note issued on Friday, MarketBeat Ratings reports. The firm set an “overweight” rating and a $123.00 price target on the specialty chemicals company’s stock. KeyCorp’s target price would indicate a potential upside of 23.67% from the company’s previous close. KeyCorp also issued estimates for RPM International’s Q1 2027 earnings at $1.91 EPS, Q2 2027 earnings at $1.34 EPS, Q3 2027 earnings at $0.62 EPS, Q4 2027 earnings at $2.04 EPS, FY2027 earnings at $5.90 EPS, FY2028 earnings at $6.55 EPS and FY2029 earnings at $7.15 EPS.

Several other analysts have also recently weighed in on the stock. Wall Street Zen cut shares of RPM International from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Citigroup raised their target price on RPM International from $125.00 to $128.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of RPM International in a report on Friday, July 24th. BMO Capital Markets upped their price target on RPM International from $143.00 to $151.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley decreased their price target on RPM International from $121.00 to $117.00 and set an “equal weight” rating for the company in a research note on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.75.

View Our Latest Analysis on RPM

RPM International Stock Performance

RPM International stock opened at $99.46 on Friday. The business has a 50 day moving average of $107.80 and a 200-day moving average of $105.49. The company has a market capitalization of $12.69 billion, a P/E ratio of 19.27, a P/E/G ratio of 2.03 and a beta of 1.05. RPM International has a 1 year low of $92.92 and a 1 year high of $128.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.68 and a quick ratio of 1.16.

RPM International (NYSE:RPM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The specialty chemicals company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.83 by $0.06. RPM International had a net margin of 8.41% and a return on equity of 22.45%. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the company earned $1.72 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts predict that RPM International will post 6 earnings per share for the current year.

Institutional Trading of RPM International

A number of institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC grew its stake in RPM International by 5.8% in the 2nd quarter. Lazard Asset Management LLC now owns 1,685 shares of the specialty chemicals company’s stock valued at $184,000 after buying an additional 93 shares in the last quarter. Beese Fulmer Investment Management Inc. boosted its holdings in shares of RPM International by 2.0% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 5,894 shares of the specialty chemicals company’s stock worth $613,000 after acquiring an additional 114 shares during the period. Operose Advisors LLC bought a new position in shares of RPM International in the second quarter worth $26,000. Versant Capital Management Inc grew its position in shares of RPM International by 36.0% in the second quarter. Versant Capital Management Inc now owns 1,050 shares of the specialty chemicals company’s stock valued at $117,000 after purchasing an additional 278 shares in the last quarter. Finally, Danske Bank A S bought a new stake in shares of RPM International during the 2nd quarter valued at $47,000. Institutional investors own 80.95% of the company’s stock.

More RPM International News

Here are the key news stories impacting RPM International this week:

  • Positive Sentiment: KeyCorp upgraded RPM to “Strong Buy.” The improved rating signals that analyst S. Tiano sees attractive upside in the specialty chemicals company following its recent pullback. The upgrade is the most direct reason investors may be bidding shares higher today.
  • Positive Sentiment: Long-term earnings are projected to grow. KeyCorp forecasts EPS of $5.90 for fiscal 2027, rising to $6.55 in fiscal 2028 and $7.15 in fiscal 2029. That implies improving profitability over the next several years and supports the bullish recommendation.
  • Positive Sentiment: Quarterly forecasts point to a stronger second half of fiscal 2027. KeyCorp estimates EPS of $1.91 in the first quarter, $1.34 in the second, $0.62 in the third and $2.04 in the fourth quarter, with the highest contribution expected in the final quarter.
  • Neutral Sentiment: Fiscal 2027 estimates are slightly below the current consensus. KeyCorp’s $5.90 EPS forecast compares with the broader full-year consensus of $6.00, suggesting the upgrade is based more on valuation and longer-term prospects than on an increase to near-term earnings expectations.
  • Neutral Sentiment: Technical conditions remain a consideration. RPM’s current price is below its 50-day moving average of $107.80 and 200-day moving average of $105.49, which may limit momentum until the stock recovers those levels. Technical Reactions to RPM Trends in Macro Strategies

About RPM International

(Get Free Report)

RPM International Inc (NYSE:RPM) is a multinational manufacturer of specialty coatings, sealants, adhesives, and related products. The company serves the construction, industrial, automotive, marine, consumer, and specialty markets through a portfolio of businesses that develop products for protecting, repairing, and enhancing residential, commercial, and industrial surfaces.

Its brands include Rust-Oleum, which provides consumer and professional paints and coatings; DAP, which produces caulks, sealants, and related products; Tremco, which serves the building and construction markets; and Carboline, which specializes in protective coatings and fireproofing products.

Recommended Stories