RPM International Inc (NYSE: RPM) has reported earnings for its second fiscal quarter (ending November 30) of $1.13 versus $1.02 for the same period a year ago — an increase of 11%. For the latest four quarters through November 30, E.P.S. were $4.09 versus $4.14 for the same period a year ago — a decline of -1%.
Recent Price Action
RPM International Inc (NYSE: RPM) stock declined by -3.0% on 1/4/24. The shares closed at $103.91. Moreover, exceptionally high trading volume at 337% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RPM is expected to continue to be a major Value Builder.
RPM International has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RPM International has a slightly negative Appreciation Score of 34 but a very high Power Rating of 92, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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