RPM International crushed analysts’ estimates on earnings, sending its shares surging more than +5% on Monday.
The maker of high-performance specialty coatings, sealants and building materials reported fiscal fourth quarter earnings of $1.24 a share, which surpassed the $1.14 a share estimate of analysts surveyed by Zacks. The per-share earnings was +21.6% higher from the year-ago period.
RPM’s earnings before interest and taxes (EBIT) clocked a +51.5% increase, to touch $204.6 million in the quarter compared to $135 million a year ago.
Revenue of $1.6 billion, however, was slightly below (around -0.19%) analyst estimates, according to Zacks. Nonetheless, the revenue was +2.8% higher from the year-ago quarter.
Looking ahead, RPM's forecast for 2020 is almost in line with analysts' estimates. The company expects a sales growth range of 2.5% to 4% in 2020, a 20% to 24% growth range in earnings before interest and taxes, and adjusted and diluted earnings per share of $3.30-$3.42 a share.
RPM broke above its upper Bollinger Band on March 27, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 39 similar instances where the stock broke above the upper band. In of the 39 cases the stock fell afterwards. This puts the odds of success at .
The 10-day RSI Indicator for RPM moved out of overbought territory on March 22, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for RPM turned negative on March 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RPM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved above the 0 level on March 27, 2024. You may want to consider a long position or call options on RPM as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RPM advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 296 cases where RPM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RPM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.494) is normal, around the industry mean (3.375). P/E Ratio (29.154) is within average values for comparable stocks, (32.165). Projected Growth (PEG Ratio) (2.105) is also within normal values, averaging (5.852). Dividend Yield (0.015) settles around the average of (0.035) among similar stocks. P/S Ratio (2.084) is also within normal values, averaging (85.621).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of coatings, sealants and chemicals
Industry ChemicalsSpecialty