RPM International Inc. (NYSE:RPM) is a key player in the specialty chemicals industry, providing products for industrial, specialty, and consumer markets. Their offerings include waterproofing systems, coatings, and DIY solutions. The company competes with other large-cap firms like Ecolab in the basic materials sector, focusing on profitability, risk, and valuation.
The consensus price target for RPM's stock has shown stability, with an average of $125.5 over the last month and quarter, slightly down from $127 last year. This steady outlook reflects consistent analyst expectations for RPM's performance. However, Kevin McCarthy from Vertical Research has set a lower price target of $96, suggesting a more cautious view.
RPM's stock has declined by 6.5% since its last earnings report, prompting analysts to reassess their forecasts. The upcoming second-quarter earnings announcement is crucial, as it may influence future stock performance. Investors are closely watching RPM's strategic moves and international revenue patterns, which could impact Wall Street's expectations.
Institutional and insider ownership of RPM stands at 81%, indicating strong confidence from major stakeholders. Despite recent challenges like tariff-related costs, RPM's sales growth, driven by acquisitions, offers a cautiously optimistic outlook. Analysts, including Kevin McCarthy, have issued a hold rating, reflecting a balanced view of potential risks and opportunities.
