Rising Raw Material Prices Can't Stop RPM International From Posting Record Results
People use coatings and sealants to preserve and protect their most prized possessions, and RPM International (NYSE: RPM) caters to those folks with products like corrosion-fighting Rust-Oleum and DAP caulks and sealants. With strength in key areas like the housing market and the automotive industry, RPM has been able to produce long-term growth with its stable of consumer and industrial products.
Coming into Wednesday's fiscal first-quarter financial report, RPM shareholders were hoping that the company would be able to overcome some headwinds that had shown up in its results over the past couple of quarters. RPM's numbers were better than most had expected, creating some positive momentum that the company believes could persist throughout the fiscal year and beyond. Let's look more closely at the latest from RPM International and how its prospects look.
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..
