Inside RPM International’s Stock Performance in 2017



RPM International to announce its fiscal 1Q18 earnings

In a press release on September 11, 2017, RPM International (RPM) said that it would announce its fiscal 1Q18 earnings on October 4, 2017, before the market opens. RPM International follows June 1–May 31 as its financial year.

In this series, we’ll provide an overview of RPM International’s stock performance, the analysts’ revenue estimate for fiscal 1Q18, EPS (earnings per share) estimates, analyst recommendations, and RPM International’s latest valuations compared with its peers.

RPM’s stock performance since the beginning of calendar 2017 has been disappointing. On a YTD (year-to-date) basis, the stock has fallen 4.9% as on September 26, 2017, underperforming the broad-based SPDR S&P 500 ETF (SPY), which has returned 11.4%.

By comparison, Sherwin-Williams (SHW), PPG Industries (PPG), and Axalta (AXTA) have returned 31.0%, 14.5%, and 6.5%, respectively, during the same period.

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Moving averages and RSI

RPM International’s fiscal 4Q17 earnings were lower than the analysts expected, with the stock falling ~7.0%. As a result, on September 26, RPM was trading 2.3% lower than its 100-day moving average price of $51.18, indicating a downward trend in the stock.

RPM’s 14-day RSI (relative strength index) of 62 indicates that the stock is neither overbought nor oversold. An RSI of 30 or below indicates that a stock has moved into an oversold position, while an RSI of 70 or above indicates that the stock has moved into an overbought situation.


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