With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on RPM shows that it touched its highest point at $141.79 and its lowest point at $95.28 during that stretch. It currently has a 1-year price target of $117.21. With its current market cap of 14.69 billion, RPM has annualized dividend of $1.99 while the current yield stands at 1.74%. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RPM was up-trending over the past week, with a rise of 3.15%, but this was up by 9.01% over a month. Three-month performance dropped to -6.84% while six-month performance fell -16.66%. The stock gained 0.49% in the past year, while it has lost -7.05% so far this year. A look at the trailing 12-month EPS for RPM yields 4.99 with Next year EPS estimates of 5.57. For the next quarter, that number is 1.59. This implies an EPS growth rate of 4.60% for this year and 7.79% for next year. EPS is expected to grow by 7.53% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.81%.
Float and Shares Shorts:
At present, 128.42 million RPM shares are outstanding with a float of 126.78 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RPM since 12 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.96925 being high and $4.91925 being low. For RPM, this leads to a yearly average estimate of $4.93925.
