News stories about RPM International (NYSE:RPM) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RPM International earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the specialty chemicals company an impact score of 46.6415160618683 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
RPM stock traded down $0.76 during trading on Friday, hitting $49.63. 2,747,640 shares of the stock were exchanged, compared to its average volume of 742,591. The company has a current ratio of 2.23, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $6,633.84, a price-to-earnings ratio of 19.16, a P/E/G ratio of 1.78 and a beta of 1.45. RPM International has a one year low of $46.80 and a one year high of $56.69.
RPM International (NYSE:RPM) last posted its earnings results on Thursday, January 4th. The specialty chemicals company reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.11. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.26 billion. RPM International had a net margin of 6.80% and a return on equity of 25.05%. RPM International’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.52 earnings per share. sell-side analysts anticipate that RPM International will post 3.02 earnings per share for the current year.
RPM has been the topic of a number of recent research reports. TheStreet raised RPM International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Vertical Research raised RPM International from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Zacks Investment Research raised RPM International from a “hold” rating to a “buy” rating and set a $61.00 price objective on the stock in a research note on Tuesday, January 9th. Finally, JPMorgan Chase & Co. cut RPM International from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $52.00 to $47.00 in a research note on Friday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $55.17.
In other news, Chairman Frank C. Sullivan sold 35,000 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $52.38, for a total transaction of $1,833,300.00. Following the completion of the sale, the chairman now directly owns 1,188,489 shares in the company, valued at $62,253,053.82. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Edward W. Moore sold 2,578 shares of the stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $53.79, for a total transaction of $138,670.62. Following the sale, the senior vice president now owns 98,417 shares of the company’s stock, valued at $5,293,850.43. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.
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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).
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