RPM International (NYSE:RPM) Issues FY 2020 Earnings Guidance

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RPM International (NYSE:RPM) updated its FY 2020 earnings guidance on Monday. The company provided EPS guidance of $3.30-3.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.34. The company issued revenue guidance of $5.703664775-5.78713304 billion, compared to the consensus revenue estimate of $5.78 billion.RPM International also updated its FY20 guidance to $3.30-3.42 EPS.

A number of brokerages have weighed in on RPM. Seaport Global Securities reaffirmed a neutral rating on shares of RPM International in a report on Monday. Zacks Investment Research lowered General Finance from a buy rating to a hold rating in a report on Monday, July 15th. JPMorgan Chase & Co. set a $60.00 price objective on Bayerische Motoren Werke and gave the company a sell rating in a report on Monday, April 8th. ValuEngine raised Zumiez from a sell rating to a hold rating in a report on Saturday, June 22nd. Finally, TheStreet raised Voya Financial from a c+ rating to a b- rating in a report on Friday, April 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $65.67.

Shares of NYSE:RPM opened at $65.09 on Tuesday. The stock’s 50 day moving average price is $60.90. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 2.08 and a beta of 1.27. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.81 and a quick ratio of 1.09. RPM International has a 12 month low of $51.95 and a 12 month high of $68.27.

RPM International (NYSE:RPM) last posted its earnings results on Monday, July 22nd. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.10. RPM International had a return on equity of 21.39% and a net margin of 3.96%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the company earned $1.05 EPS. RPM International’s revenue was up 2.8% on a year-over-year basis. On average, sell-side analysts expect that RPM International will post 2.56 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Tuesday, July 16th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Monday, July 15th. RPM International’s payout ratio is currently 47.95%.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes.

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Earnings History and Estimates for RPM International (NYSE:RPM)

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