RPM International Inc (NYSE: RPM) has reported E.P.S. of $0.48 for its third fiscal quarter (ending February 28) versus $0.21 for the same period a year ago — an increase of 129%. This result exceeded the consensus estimate of $0.46 by $0.02. For the latest four quarters through February 28, E.P.S. were $4.36 versus $4.09 for the same period a year ago — an increase of 7%.
Recent Price Action
On 4/4/24, RPM International Inc (NYSE: RPM) stock suffered a large decline of -5.8%, closing at $111.69. Moreover, trading volume in this decline was exceptionally high at 268% of normal. Relative to the market the stock has been strong over the last nine months but has declined -5.1% during the last week.
Current PriceTarget Research Rating
RPM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
RPM International has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. RPM International has a poor Appreciation Score of 22 but a very high Power Rating of 86, leading to the Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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