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Why RPM International (RPM) is a Top Growth Stock for the Long-Term

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

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RPM International (RPM)

RPM International Inc., through its subsidiaries, manufactures and markets high-performance coatings, sealants and specialty chemicals, primarily for maintenance and improvement applications.

RPM is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 15.1% year-over-year for the current fiscal year, with sales growth of 1.2%.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.01 to $4.95 per share. RPM also boasts an average earnings surprise of 4.5%.

On a historic basis, RPM International has generated cash flow growth of 7.3%, and is expected to report cash flow expansion of 18.7% this year.

RPM should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

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RPM International Inc. (RPM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research