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Monday, January 30, 2023

Searching For Real Value In Market Debris At RPM International Inc. (NYSE: RPM)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for RPM International Inc. (RPM) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $101.67. The RPM International Inc. has recorded 18,018 volume in the after hours trading session.


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Stocks Info

As a NYSE listed company, RPM falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $101.67 and fluctuated between $102.18 as its day high and $101.30 as its day low. The current market capitalization of RPM International Inc. is $13.03B. A total of 0.53 million shares were traded on the day, compared to an average of 609.19K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RPM has seen 11 BUY and 13 SELL insider trades, representing the acquisition of 20,900 and the disposition of 86,665 shares. Over the last 12 months, there were 32 BUYs and 42 SELLs from insiders. Insiders purchased 328,583 shares during that period but sold 325,345.

In the most recent transaction, Ratajczak Matthew T sold 16,000 shares of RPM for 99.79 per share on Nov 10. After the transaction, the VP-Global Tax and Treasurer now owns 39,546 company shares. In a previous transaction on Oct 13, SULLIVAN FRANK C sold 65,000 shares at 92.60 per share. RPM shares that Chairman and CEO owns now total 1,050,706.

Among the insiders who sold shares, Nance Frederick R. disposed of 477 shares on Oct 13 at a per-share price of $89.98. This resulted in the Director holding 10,472 shares of RPM after the transaction. In another insider transaction, Nance Frederick R. sold 2,600 shares at $89.24 per share on Aug 02. Company shares held by the Director now total 9,049.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. RPM International Inc. pays an annual dividend of $1.68, resulting in a dividend yield of 1.65%, and it has a price to earnings (P/E) ratio of 25.02. RPM’s most recent ex-dividend date was 10/14/2022 when it declared a $0.42 quarterly dividend that was paid in cash on 10/31/2022. Previously, the company paid the dividend on 7/29/2022 with an ex-dividend date of 7/14/2022. The RPM stock dividend was $0.40 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RPM in the last 3 months, the mean price target is $99.47 with high estimates of $115.00 and low estimates of $85.00. In terms of 52-week highs and lows, RPM has a high of $104.00 and a low of $74.56.

As of this writing, RPM has an earnings estimate of $1.1 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.15 per share and a lower estimate of $1.05. The company reported an EPS of $1.42 in the last quarter, which was -1.40% lower than expectations of $1.44.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RPM is Underweight with a score of 3.64. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 9 rated it as Hold. Among the other participants, 2 thought the stock was Underweight and 0 thought it should be Sold.

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