RPM International prepares for first quarter printing; Here are the recent changes to the forecasts of Wall Street's most accurate analysts: RPM Intl (NYSE:RPM)

RPM International Inc. RPM will release its first quarter earnings results, before the opening bell rings on Wednesday, October 2.

Analysts expect the Medina, Ohio-based company to report quarterly earnings of $1.75 per share, up from $1.64 per share in the year-earlier period. RPM projects to report revenue of $2.02 billion for the quarter, according to data from Benzinga Pro.

On July 25, RPM International reported better-than-expected fourth-quarter earnings.

RPM shares fell 0.8% to close at $120.09 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock price, company name, analyst firm, rating change, or other variables.

Let's take a look at how Benzinga's most accurate analysts have rated the company over the past period.

  • BMO Capital analyst John McNulty maintained an Outperform rating and lowered the price target from $140 to $139 on August 27. This analyst has an accuracy rate of 66%.
  • Mizuho analyst John Roberts maintained an Outperform rating and lowered the price target from $136 to $134 on July 26. This analyst has an accuracy rate of 71%.
  • Wells Fargo analyst Michael Sison maintained an Equal Weight rating and raised the price target from $110 to $125 on July 26. This analyst has an accuracy rate of 72%.
  • JP Morgan analyst Jeffrey Zekauskas downgraded the stock from Overweight to Neutral with a price target of $120 on July 26. This analyst has an accuracy rate of 69%.
  • UBS analyst Joshua Spector maintained a Neutral rating and lowered the price target from $122 to $117 on July 9. This analyst has an accuracy rate of 64%.

Are you considering buying RPM stock? Here's what analysts think:

Read this next:

Market news and data provided by Benzinga APIs

Source link

Leave a Comment