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Why RPM International (RPM) is a Top Growth Stock for the Long-Term
RPMRPM(US:RPM) ZACKSยท2024-06-19 14:50

Company Overview - RPM International Inc. manufactures and markets high-performance coatings, sealants, and specialty chemicals primarily for maintenance and improvement applications [8]. Zacks Rank and Style Scores - RPM is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A [14]. - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to assist investors in building successful portfolios [13]. - The Style Scores categorize stocks into Value, Growth, and Momentum, helping investors identify stocks with the best chances of outperforming the market [17][18]. Earnings Estimates and Growth Potential - One analyst has revised RPM's earnings estimate higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to $4.95 per share [15]. - RPM is forecasted to experience year-over-year earnings growth of 15.1% for the current fiscal year, indicating strong growth potential [19]. Investment Strategy - To maximize investment success, it is recommended to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [22]. - RPM's solid Zacks Rank and top-tier Growth and VGM Style Scores make it a strong candidate for investors [20].