RPM International, Inc. (NYSE: RPM): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that RPM Reports Record Fiscal 2024 Third-Quarter Results.

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Stocks Info

RPM belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. At the end of the last regular session, the stock closed at $109.82 and fluctuated between $111.31 as its day high and $109.80 as its day low. The current market capitalization of RPM International, Inc. is $14.14B. A total of 0.62 million shares were traded on the day, compared to an average of 600.27K shares.

In the most recent transaction, Ratajczak Matthew T sold 6,000 shares of RPM for 109.63 per share on Feb 15 ’24. After the transaction, the VP-Global Tax and Treasurer now owns 23,451 company shares. In a previous transaction on Feb 15 ’24, Nance Frederick R. sold 1,835 shares at 109.05 per share. RPM shares that Director owns now total 8,180.

Among the insiders who sold shares, Kinser Timothy R. disposed of 2,380 shares on Jan 10 ’24 at a per-share price of $107.00. This resulted in the VP-Operations holding 20,767 shares of RPM after the transaction. In another insider transaction, Nance Frederick R. sold 1,266 shares at $97.77 per share on Nov 10 ’23. Company shares held by the Director now total 10,015.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. RPM International, Inc. pays an annual dividend of $1.76, resulting in a dividend yield of 1.60%, and it has a price to earnings (P/E) ratio of 25.30. RPM’s most recent ex-dividend date was 4/18/2024 when it declared a $0.46 quarterly dividend that was paid in cash on 4/30/2024. Previously, the company paid the dividend on 1/31/2024 with an ex-dividend date of 1/18/2024. The RPM stock dividend was $0.46 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RPM has a high of $120.74 and a low of $78.52.

As of this writing, RPM has an earnings estimate of $1.55 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.63 per share and a lower estimate of $1.48.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RPM’s latest balance sheet shows that the firm has $201.67M in Cash & Short Term Investments as of fiscal 2022. There were $2.95B in debt and $2.02B in liabilities at the time. Its Book Value Per Share was $18.23, while its Total Shareholder’s Equity was $1.98B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.85.

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