RPM International Droops on Spring Rains, Higher Costs
Consumers and industrial clients alike use products designed to extend the life of their key assets. RPM International (NYSE: RPM) strives to tap into that market with its Rust-Oleum, DAP, and other coatings, sealants, and products covering a wide variety of applications. Over time, the company has done a good job of serving its niche well and producing solid growth.
Coming into Monday's fiscal fourth-quarter financial report, RPM shareholders were looking to see continued modest gains in revenue and net income. A tough spring season hurt RPM's results, leaving it with weaker sales growth and falling earnings. Let's take a closer look at RPM International and what its latest results mean for its prospects going forward.
Image source: RPM International.
Source: Fool.com
RPM International Inc. Stock
RPM International Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
As a result the target price of 120 € shows a slightly positive potential of 16.5% compared to the current price of 103.0 € for RPM International Inc..
