RPM Stock Summary and Trading Ideas (RPM Intl | NYSE:RPM)

RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.

RPM Intl trades on the NYSE stock market under the symbol RPM.

As of April 19, 2024, RPM stock price declined to $106.57 with 584,638 million shares trading.

RPM has a beta of 1.41, meaning it tends to be more sensitive to market movements. RPM has a correlation of 0.46 to the broad based SPY ETF.

RPM has a market cap of $13.75 billion. This is considered a Large Cap stock.

Last quarter RPM Intl reported $2 billion in Revenue and $.52 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.06.

In the last 3 years, RPM stock traded as high as $120.74 and as low as $74.56.

The top ETF exchange traded funds that RPM belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

RPM has outperformed the market in the last year with a return of +31.8%, while the SPY ETF gained +21.2%. However, in the most recent history, RPM shares have underperformed the stock market with its stock returning -2.1% in the last 3 month period and -4.2% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

RPM support price is $106.19 and resistance is $108.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RPM stock will trade within this expected range on the day.