RPM International, Inc (NYSE: RPM) is 7.58% higher on its value in year-to-date trading and has touched a low of $95.28 and a high of $141.79 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RPM stock was last observed hovering at around $112.95 in the last trading session, with the day’s gains setting it 9.69%.
Currently trading at $122.64, the stock is 9.07% and 8.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 8.58% at the moment leaves the stock 1.79% off its SMA200. RPM registered -0.34% loss for a year compared to 6-month loss of -3.50%. The firm has a 50-day simple moving average (SMA 50) of $112.6242 and a 200-day simple moving average (SMA200) of $120.48825.
The stock witnessed a 11.27% gain in the last 1 month and extending the period to 3 months gives it a 18.15%, and is 9.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.14% over the week and 2.01% over the month.
RPM International, Inc (RPM) has around 17207 employees, a market worth around $15.75B and $7.37B in sales. Current P/E ratio is 22.92 and Fwd P/E is 19.37. Profit margin for the company is 9.32%. Distance from 52-week low is 28.72% and -13.51% from its 52-week high. The company has generated returns on investments over the last 12 months (11.76%).
The EPS is expected to grow by 5.86% this year
1000.0 institutions hold shares in RPM International, Inc (RPM), with institutional investors hold 86.00% of the company’s shares. The shares outstanding are 128.27M, and float is at 126.76M with Short Float at 2.07%. Institutions hold 84.93% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.06 million shares valued at $1.51 billion. The investor’s holdings represent 11.0151 of the RPM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.24 million shares valued at $1.43 billion to account for 10.3702 of the shares outstanding. The other top investors are ARISTOTLE CAPITAL MANAGEMENT, LLC which holds 9.2 million shares representing 7.2058 and valued at over $990.59 million, while STATE STREET CORP holds 4.7827 of the shares totaling 6.11 million with a market value of $657.48 million.
RPM International, Inc (RPM) Insider Activity
The most recent transaction is an insider sale by Nance Frederick R., the company’s Director. SEC filings show that Nance Frederick R. sold 594 shares of the company’s common stock on Nov 14 ’24 at a price of $135.47 per share for a total of $80467.0. Following the sale, the insider now owns 8526.0 shares.
Still, SEC filings show that on Oct 31 ’24, Laroche Michael J. (VP, Controller & CAO) disposed off 3,615 shares at an average price of $127.14 for $0.46 million. The insider now directly holds 11,596 shares of RPM International, Inc (RPM).
