-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We decrease our 12-month target price by $3 to $127, or 20.4x our FY27 (May) EPS estimate, which is in line with RPM's three-year average forward P/E of 20.5x. We trim our FY26 EPS estimate by $0.06 to $5.54 and increase our FY27 EPS forecast by $0.02 to $6.22. Geopolitical tensions in the Middle East present near-term headwinds through raw material inflation, expected at 1-2% in Q4 FY26 and mid- to high single digits in Q1 FY27. However, RPM is implementing pricing actions and leveraging its strategic procurement capabilities to mitigate cost pressures. The company reaffirmed Q4 guidance for mid-single-digit revenue growth and low- to high-single-digit adjusted EBIT growth. RPM's structural advantages remain compelling: two-thirds of sales are tied to maintenance, repair, and restoration markets, which prove resilient during economic volatility. The Construction Products and Performance Coatings segments continue gaining share through system-selling approaches and high-performance building solutions.