RPM Intl Stock (NYSE:RPM), Trade Ideas

RPM Intl

RPM International

RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.

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RPM International Inc. (NYSE: RPM) reported upbeat third-quarter FY24 results on Thursday..

RPM International Analysts Boost Their Forecasts After Q3 Earnings

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The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the &#34;Neutral&#34; zone on Thursday.

U.S. stocks closed lower on Thursday, with the Dow Jones index recording its worst session since March 2023 and also logging losses for the fourth straight day.

Fear &amp; Greed Index Moves To &#39;Neutral&#39; Zone Ahead Of Jobs Report; Dow Records Worst Session Since March 2023

RPM International Inc

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In the last three months, 7 analysts have published ratings on RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>), offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $125.29, a high estimate of $136.00, and a low estimate of $120.00. Observing a 4.85% increase, the current average has risen from the previous average price target of $119.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1712347213_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive RPM Intl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joshua Spector</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$122.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$123.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Buy</td>
<td>$136.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Ghansham Panjabi</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Joshua Spector</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$121.00</td>
<td>$111.00</td>
</tr>
<tr>
<td>John McNulty</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$127.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>John Roberts</td>
<td>Mizuho</td>
<td>Announces</td>
<td>Buy</td>
<td>$128.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to RPM Intl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of RPM Intl compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of RPM Intl's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/RPM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on RPM Intl analyst ratings.</a>
<h2>Delving into RPM Intl's Background</h2>
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.
<h3>Understanding the Numbers: RPM Intl's Finances</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, RPM Intl showcased positive performance, achieving a revenue growth rate of 0.03% as of 30 November, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Net Margin: RPM Intl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.08%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): RPM Intl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.24% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): RPM Intl's ROA stands out, surpassing industry averages. With an impressive ROA of 2.19%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: RPM Intl's debt-to-equity ratio surpasses industry norms, standing at 1.07. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

7 Analysts Have This To Say About RPM Intl

UBS analyst Joshua Spector maintains RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) with a Neutral and raises the price target from $121 to $122.

UBS Maintains Neutral on RPM Intl, Raises Price Target to $122

BMO Capital analyst John McNulty maintains RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) with a Outperform and lowers the price target from $127 to $123.

BMO Capital Maintains Outperform on RPM Intl, Lowers Price Target to $123

RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) reported upbeat <a href="https://www.benzinga.com/news/earnings/24/04/38092288/whats-going-on-with-specialty-coatings-company-rpm-stock-today">third-quarter FY24 results on Thursday.</a>.
Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of 52 cents exceeded the consensus of 46 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
For the fourth quarter of FY24, the company expects sales to be flat Y/Y and adjusted EBIT to increase in the high single digits Y/Y. For FY24, the company expects revenue growth near the midpoint of the previous outlook of an increase in the low-single-digits and adjusted EBIT growth near the midpoint of the prior outlook of up low-double digits to mid-teens.
Frank C. Sullivan, RPM chairman and CEO, said, &ldquo;By segment, the secular tailwinds of infrastructure and reshoring spending benefitting CPG and PCG are expected to continue, although PCG will face some temporary headwinds in the fourth quarter from the timing of project completions, included those that were pulled forward into the third quarter. SPG business conditions have shown early signs of stabilization, however some end markets remain soft, and the Consumer Group continues to face DIY pressures.&rdquo;
RPM shares fell 5.8% to close at $111.69 on Thursday.
These analysts made changes to their price targets on RPM following earnings announcement.
<ul>
<li>Baird raised the price target on RPM from $105 to $120. Baird analyst Ghansham Panjabi maintained a Neutral rating.</li>
<li>Mizuho boosted the price target on RPM from $128 to $136. Mizuho analyst John Roberts maintained a Buy rating.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38087439/top-5-tech-stocks-that-could-lead-to-your-biggest-gains-this-month"> Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month</a>

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>Inno Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inhd#NASDAQ">INHD</a>)</h3>
<ul>
<li>On Dec. 15, INNO Holdings announced the launch of its revolutionary Mobile Factory. &quot;Our Mobile Factory is a game-changer for remote locations and rapid deployment in disaster-stricken areas. By producing construction materials onsite, we can dramatically reduce the cost and time of transportation, effectively lowering the carbon footprint for larger projects,&quot; said Dekui (D.K) Liu, Chief Executive Officer of INNO Holdings. The company&rsquo;s stock fell around 35% over the past month and has a <a href="https://www.benzinga.com/quote/INHD">52-week low of $0.6110 </a>.</li>
<li>RSI Value: 22.64</li>
<li>INHD Price Action: Shares of Inno Holdings gained 2.1% to close at $0.6282 on Thursday.</li>
</ul>
<h3>RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>)</h3>
<ul>
<li>On April 4, RPM International reported third-quarter FY24 results. Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of 52 cents exceeded the consensus of 46 cents. The company&rsquo;s stock fell around 7% over the past five days. It <a href="https://www.benzinga.com/quote/RPM"> has a 52-week low </a> of $78.52.</li>
<li>RSI Value: 28.47</li>
<li>RPM Price Action: Shares of RPM fell 5.8% to close at $111.69 on Thursday.</li>
</ul>
<h3>Crown ElectroKinetics Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crkn#NASDAQ">CRKN</a>)</h3>
<ul>
<li>On April 1, Crown ElectroKinetics posted a narrower loss for the fourth quarter. The company&rsquo;s stock fell around 17% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/CRKN"> low of $0.0460.</a></li>
<li>RSI Value: 22.13</li>
<li>CRKN Price Action: Shares of Crown ElectroKinetics fell 1.2% to close at $0.0489 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38104597/greenbrier-likely-to-report-lower-q2-earnings-here-are-the-recent-forecast-changes-from-wall-street"> Greenbrier Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street&#39;s Most Accurate Analysts </a>

Mizuho analyst John Roberts maintains RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) with a Buy and raises the price target from $128 to $136.

Mizuho Maintains Buy on RPM Intl, Raises Price Target to $136

Baird analyst Ghansham Panjabi maintains RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) with a Neutral and raises the price target from $105 to $120.

Baird Maintains Neutral on RPM Intl, Raises Price Target to $120

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the &quot;Neutral&quot; zone on Thursday.
U.S. stocks closed lower on Thursday, with the Dow Jones index recording its worst session since March 2023 and also logging losses for the fourth straight day.
The S&amp;P 500 fell 2% so far this week, while the 30-stock Dow has declined around 3% week-to-date.
On the economic data front, U.S. jobless claims rose by 11,000 from the previous week&rsquo;s revised reading to 221,000 on March, the most in two months. U.S. trade deficit increased to $68.9 billion in February versus a revised $67.6 billion gap in the previous month.
Data on nonfarm payrolls will be released on Friday, with analysts expecting payrolls increasing 200,000 for March.
Shares of RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) fell more than 5% on Thursday after the company reported third-quarter FY24 results. Lamb Weston Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lw#NYSE">LW</a>) fell over 19% after the company reported weak third-quarter results and cut its FY24 outlook.
All sectors on the S&amp;P 500 closed on a negative note, with communication services, information technology and health care stocks recording the biggest losses on Thursday.
The Dow Jones closed lower by around 530 points to 38,596.98 on Thursday. The S&amp;P 500 fell 1.23% at 5,147.21, while the Nasdaq Composite dipped 1.40% at 16,049.08 during Thursday&rsquo;s session.
Investors are awaiting earnings results from The Greenbrier Companies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gbx#NYSE">GBX</a>) and Byrna Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/byrn#NASDAQ">BYRN</a>) today.
At a current reading of 48.8, the index moved to the &quot;Neutral&quot; zone on Thursday versus a prior reading of 63.4.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
&nbsp;
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38104597/greenbrier-likely-to-report-lower-q2-earnings-here-are-the-recent-forecast-changes-from-wall-street"> Greenbrier Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street&#39;s Most Accurate Analysts</a>

Fear & Greed Index Moves To 'Neutral' Zone Ahead Of Jobs Report; Dow Records Worst Session Since March 2023

U.S. stocks turned&nbsp;lower toward the end of trading, with the Dow Jones index falling more than 200 points on Thursday.
The Dow traded down 0.59% to 38,894.58 while the NASDAQ fell 0.10% to 16,261.88. The S&amp;P 500 also fell, dropping, 0.28% to 5,197.03.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38066319/insiders-buying-walgreens-and-2-other-stocks"> Insiders Buying Walgreens And 2 Other Stocks</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Communication services shares jumped by 1.1% on Thursday.
In trading on Thursday, health care shares rose by just 0.1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Shares of RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) fell more than 5% on Thursday after the company reported third-quarter FY24 results.
Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of 52 cents exceeded the consensus of 46 cents.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) shares shot up 59% to $2.0597. TCBP announced execution of non-binding letter of intent for acquisition of NK Platform Technologies.
Shares of Allurion Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alur#NASDAQ">ALUR</a>) got a boost, surging 101% to $3.46 after the company announced the commercial availability of its Virtual Care Suite in the United States. Also, Chardan Capital initiated coverage on the stock with a Buy rating and announced a $5 price target.
Candel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cadl#NASDAQ">CADL</a>) shares were also up, gaining 113% to $3.57 after the company announced interim data from the randomized phase 2 clinical trial of CAN-2409 in non-metastatic prostate cancer.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
eFFECTOR Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eftr#NASDAQ">EFTR</a>) shares dropped 81% to $3.1089. The company announced topline results from the primary analysis of the randomized Phase 2 KICKSTART trial of tomivosertib combined with pembrolizumab in non-small cell lung cancer.
Shares of Achilles Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/achl#NASDAQ">ACHL</a>) were down 24% to $0.9106 after the company reported fourth-quarter financial results. The company announced interim Phase I/IIa data on the use of clonal neoantigen reactive T cells from the CHIRON study in advanced unresectable or metastatic non-small cell lung cancer and the THETIS study in recurrent or metastatic malignant melanoma.
KWESST Micro Systems Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kwe#NASDAQ">KWE</a>) was down, falling 21% to $0.89 after the company announced a proposed US public offering.
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&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 1.4% to $86.59 while gold traded up 0.2% at $2,319.10.
Silver traded up 1.2% to $27.39 on Thursday, while copper rose 1% to $4.2365.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares closed mostly higher today. The eurozone&rsquo;s STOXX 600 rose 0.16%, London&rsquo;s FTSE 100 rose 0.48% while Spain&rsquo;s IBEX 35 Index rose 0.53% The German DAX rose 0.19% French CAC 40 fell 0.02% while Italy&rsquo;s FTSE MIB Index fell 0.08%.
Industrial producer prices in the eurozone fell by 1.0% from the prior month in February compared to a 0.9% decline in the prior month, while services PMI climbed to 51.5 in March versus 50.2 in the earlier month.
The HCOB France services PMI fell to 48.3 in March versus 48.4 a month ago, while German services PMI rose to 50.1 in March versus a preliminary reading of 49.8. The S&amp;P Global UK services PMI fell to 53.1 in March versus 53.8 in the prior month.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Thursday, with Japan&rsquo;s Nikkei 225 gaining 0.81% and India&rsquo;s S&amp;P BSE Sensex rising 0.5%.
The HSBC Indian services PMI rose to 61.2 in March versus a preliminary reading of 60.3 and compared to a final reading of 60.6 in the prior month.
&nbsp;
<h3>Economics</h3>
&nbsp;
U.S. jobless claims rose by 11,000 from the previous week&rsquo;s revised reading to 221,000 on March, the most in two months.
U.S. trade deficit increased to $68.9 billion in February versus a revised $67.6 billion gap in the previous month.
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&nbsp;

Eurozone

Commodities

Global

Intraday Update

ACHL

ALUR

CADL

EFTR

TCBP

Dow Dips Over 200 Points; RPM International Shares Fall After Q3 Results

Thursday saw U.S. equities embracing a risk-on sentiment, with major averages all showing gains as investors anticipated a potentially slowing labor market pace in March, which could bolster the case for rate cuts starting in June.
Data released this morning revealed a surge in last week&#8217;s unemployment claims, exceeding predictions at 221,000 compared to the expected 214,000. Economists anticipate a moderation in nonfarm payrolls from 274,000 in February to 200,000 in March, along with a further easing in average hourly earnings growth from 4.3% <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38095071/march-jobs-report-preview-could-fridays-data-steer-the-fed-toward-rate-cuts">to 4.1% year-on-year.</a>
At midday trading in New York, the S&amp;P 500 surged by 0.8% to 5,250 points, poised to achieve a record-high close. Similarly, the Nasdaq 100 rose by 1% to 18,350 points, also on track for a record closing. All S&amp;P 500 sectors traded in the green. 
AI-related stocks outperformed, evidenced by the Global X Artificial Intelligence &amp; Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NYSE">AIQ</a>) climbing 1.3% to reach fresh all-time highs. 
Magnificent Seven witnessed the strongest session in nearly a month, as the Roundhill Magnificent Seven ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NYSE">MAGS</a>) rallied 1.7%, buoyed by robust gains from Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). 
Gold paused for a breather, down 0.5%, after hitting $2,300/oz. overnight, while Bitcoin rebounded by 2.9%, on track for the best session in more than a week.
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,350.04</td>
<td>1.0%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,092.88</td>
<td>1.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,252.37</td>
<td>0.8%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,318.12</td>
<td>0.5%</td>
</tr>
</tbody>
</table>
</figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was 0.8% higher to $523.50, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was 0.5% higher to $393.11 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was 1.1% higher to $446.84, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) and the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 1.1%, while the Health Care Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) was the laggard, up 0.1%.
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
<ul>
<li>Solar stocks rallied Thursday, with the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) up over 3%. Industry heavyweight First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) and Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) were up 5.8% and 6.5%, respectively, representing the top performers in the S&amp;P 500 index for the day.</li>
<li>Lamb Weston Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) fell over 18% as the company missed both earnings and revenue projections last quarter. </li>
<li>Other companies reacting to earnings were Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>), up 16%, RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) down 5.4%, BlackBerry Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) up 10%, ConAgra Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>), up 5.5%. </li>
<li>Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) rose by 12% after the company produced 43 hydrogen-electric trucks in the first quarter, surpassing the production level for all of 2023 in a single quarter. </li>
</ul>
Read Now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38091433/ai-revolution-is-underway-yet-its-economic-impact-is-several-years-off-goldman-sach">AI Revolution Is Underway, Yet Its Economic Impact Is &#8216;Several Years Off&#8217;: Goldman Sachs</a>
Photo: Kametaro via Shutterstock

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S&P 500, Nasdaq 100 Eye Record Close As Magnificent 7 Rally, Bitcoin Rebounds: What's Driving Markets Thursday?

RPM International Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) shares are trading lower after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38086563/rpm-reports-record-fiscal-2024-third-quarter-results" rel="noreferrer noopener">third-quarter FY24 results</a>.
Sales rose 0.4% Y/Y to $1.523 billion, slightly beating the consensus of $1.518 billion. Adjusted EPS of $0.52<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">&nbsp;exceeded the consensus of $0.46</a>.
The company witnessed positive pricing in all segments, with volume growth being strongest in businesses serving infrastructure, reshoring, and high-performance building projects.&nbsp;
However, the revenue growth was offset by lower DIY consumer takeaway at retail stores and tough comparables in the disaster restoration business.
Geographically, sales growth was strongest in emerging markets, with Africa/Middle East rising 22.9% and Latin America increasing 13.5% Y/Y.
Adjusted EBIT rose 31.3% Y/Y to $110.1 million, with margins expanded 170 basis points in the quarter led by MAP 2025 initiatives, a positive mix from shifting toward higher margin products and services, and improved fixed-cost leverage at businesses with volume growth.
In nine months of FY24, operating cash flow stood at $941.1 million. The company returned $210.1 million to stockholders through cash dividends and share repurchases.
As of February 29, 2024, total liquidity, including cash and committed revolving credit facilities, stood at $1.29 billion and total debt of $2.19 billion.
RPM&#8217;s regular quarterly cash dividend of $0.46 per share, is payable on April 30, 2024, to stockholders&nbsp;<a target="_blank" href="https://www.benzinga.com//node/38041224" rel="noreferrer noopener">of record as of April 19, 2024.</a>
Outlook: For the fourth quarter of FY24, the company expects sales to be flat Y/Y and adjusted EBIT to <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">increase in the high single digits Y/Y</a>. 
For FY24, the company expects revenue growth near the midpoint of the previous outlook of an increase in the low-single-digits and adjusted EBIT growth near the midpoint of the prior outlook of<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36492172/why-paint-coating-manufacturing-company-rpms-shares-are-sliding-today" rel="noreferrer noopener">&nbsp;up low-double digits to mid-teens</a>.
Frank C. Sullivan, RPM chairman and CEO, said, &#8220;By segment, the secular tailwinds of infrastructure and reshoring spending benefitting CPG and PCG are expected to continue, although PCG will face some temporary headwinds in the fourth quarter from the timing of project completions, included those that were pulled forward into the third quarter. SPG business conditions have shown early signs of stabilization, however some end markets remain soft, and the Consumer Group continues to face DIY pressures.&#8221;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38083957/rpm-international-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earn" rel="noreferrer noopener">RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>
Investors can gain exposure to the stock via&nbsp;Invesco Dorsey Wright Basic Materials Momentum ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYZ#NASDAQ">PYZ</a>) and&nbsp;ProShares S&amp;P MidCap 400 Dividend Aristocrats ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/REGL#BATS">REGL</a>).
Price Action:&nbsp;RPM shares are down 3.42% at $114.61 on the last check Thursday.

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What's Going On With Specialty Coatings Company RPM Stock Today?

WIIM

RPM International shares are trading lower after the company reported Q3 financial results.

<ul>
<li>
The company expects the following in the fiscal 2024&nbsp;fourth quarter:
</li>
<li>Consolidated sales to be approximately flat compared to prior-year record results.</li>
<li>CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.</li>
<li>PCG sales to be approximately flat compared to prior-year record results.</li>
<li>SPG sales to decrease in the mid-single-digit percentage range compared to prior-year results.</li>
<li>Consumer Group sales to decrease in the mid-single-digit percentage range compared to prior-year record results.</li>
<li>Consolidated adjusted EBIT to increase in the high-single-digit percentage range compared to prior-year record results.</li>
<li>
The company expects the following in the full-year fiscal 2024:
</li>
<li>Consolidated sales to increase near the midpoint of the previous&nbsp;outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.</li>
<li>Consolidated adjusted EBIT to increase near the midpoint of the previous&nbsp;outlook, which was an increase in the low-double-digit to mid-teen percentage range compared to prior-year record results.</li>
</ul>

RPM International Expects Q4 2024 Sales To Be Approximately Flat And For 2024 Expects Revenue Growth Near Midpoint Of Previous Outlook Of Up Low-Single Digits

RPM International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) reported quarterly adjsuted&nbsp;earnings of $0.52 per share which beat the analyst consensus estimate of $0.46 by 13.04 percent. This is a 40.54 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $1.52 billion which beat the analyst consensus estimate of $1.52 billion by 0.13 percent. This is a 0.40 percent increase over sales of $1.52 billion the same period last year.

RPM International Q3 Adj. EPS $0.52 Beats $0.46 Estimate, Sales $1.52B Beat $1.52B Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Conagra Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) is likely to report quarterly earnings at $0.65 per share on revenue of $3.01 billion.
&bull; Trinity Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIB#NASDAQ">TRIB</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $15.00 million.
&bull; AngioDynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $75.73 million.
&bull; WisdomTree International LargeCap Dividend Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOL#NYSE">DOL</a>) is likely to report quarterly earnings at $1.06 per share on revenue of $1.61 billion.
&bull; Reliance Global Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) is likely to report earnings for its fourth quarter.
&bull; Lamb Weston Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) is estimated to report quarterly earnings at $1.45 per share on revenue of $1.65 billion.
&bull; Radius Recycling (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDUS#NASDAQ">RDUS</a>) is likely to report quarterly loss at $1.09 per share on revenue of $626.15 million.
&bull; Simply Good Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMPL#NASDAQ">SMPL</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $316.88 million.
&bull; CollPlant Biotechnologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLGN#NASDAQ">CLGN</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $8.56 million.
&bull; RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.52 billion.
&bull; Lindsay (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNN#NYSE">LNN</a>) is estimated to report quarterly earnings at $1.55 per share on revenue of $172.06 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Conifer Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNFR#NASDAQ">CNFR</a>) is likely to report quarterly loss at $0.02 per share on revenue of $15.46 million.
&bull; Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) is estimated to report earnings for its fourth quarter.
&bull; Kura Sushi USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) is projected to report quarterly loss at $0.03 per share on revenue of $56.64 million.
&bull; Genfit (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNFT#NASDAQ">GNFT</a>) is likely to report earnings for its Fiscal Year 2023.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ANGO

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CNFR

WisdomTree Trust International LargeCap Dividend

GNFT

KRUS

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RDUS

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TRIB

Earnings Scheduled For April 4, 2024

The CNN Money Fear and Greed index showed some improvement in overall market sentiment on Wednesday, but it remained in the &quot;Greed&quot; zone.
U.S. stocks closed mixed on Wednesday, with the Dow Jones index recording losses for the third consecutive session.
On the economic data front, private businesses in the U.S. added 184,000 workers in March, compared to a revised 155,000 gain in February and topping market estimates of 148,000. The ISM services PMI declined to 51.4 in March, compared to February&rsquo;s reading of 52.6 and market estimates of 52.7.
Intel Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) shares dipped more than 8% on Wednesday after the company disclosed its foundry segment had a $7 billion operating loss in 2023. Intel is scheduled to report first-quarter 2024 financial results on April 25, 2024. Acuity Brands, Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ayi#NYSE">AYI</a>) reported better-than-expected earnings for its second quarter.
Most sectors on the S&amp;P 500 closed on a positive note, with communication services, energy, and materials stocks recording the biggest gains on Wednesday. However, utilities and consumer staples bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by around 43 points to 39,127.14 on Wednesday. The S&amp;P 500 rose 0.11% at 5,211.49, while the Nasdaq Composite gained 0.23% at 16,277.46 during Wednesday&rsquo;s session.
Investors are awaiting earnings results from Lamb Weston Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lw#NYSE">LW</a>), RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) and Conagra Brands, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cag#NYSE">CAG</a>) today.
At a current reading of 61.7, the index remained in the &quot;Greed&quot; zone on Wednesday, versus a prior reading of 59.7.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
&nbsp;
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38083957/rpm-international-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earn"> RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>

INTC

Investor Optimism Improves; But Dow Falls For Third Session

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Conagra Brands, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cag#NYSE">CAG</a>) to report quarterly earnings at 65 cents per share on revenue of $3.01 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Conagra shares gained 1.2% to $29.41 in after-hours trading.
Levi Strauss &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/levi#NYSE">LEVI</a>) reported upbeat earnings for its first quarter and boosted its 2024 earnings guidance. Levi Strauss shares surged 8.3% to $20.20 in the after-hours trading session.
Analysts are expecting RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) to have earned 46 cents per share on revenue of $1.52 billion. The company will release earnings before the markets open. RPM shares fell 0.4% to $118.00 in the after-hours trading session.
Check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
Simulations Plus, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/slp#NASDAQ">SLP</a>) posted better-than-expected results for its second quarter. The company also said it sees FY24 earnings of 66 cents to 68 cents per share on revenue of $66 million to $69 million. Simulations Plus shares jumped 8.7% to $41.80 in the after-hours trading session.
Analysts expect Lamb Weston Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lw#NYSE">LW</a>) to post quarterly earnings at $1.45 per share on revenue of $1.65 billion before the opening bell. Lamb Weston shares gained 1.4% to $102.50 in after-hours trading.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38067894/calcimedica-and-2-other-penny-stocks-insiders-are-buying"> CalciMedica And 2 Other Penny Stocks Insiders Are Buying </a>

Levi Strauss, Conagra Brands And 3 Stocks To Watch Heading Into Thursday

RPM International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) is expected to release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/RPM/earnings">opening bell on April 4, 2024.</a>
Analysts expect the Medina, Ohio-based company to report quarterly earnings at 46 cents per share, up from 37 cents per share in the year-ago period. RPM is projected to report quarterly revenue of $1.52 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
On April 2, RPM International declared a regular quarterly cash dividend of 46 cents per share, payable on April 30, 2024, to stockholders of record as of April 19, 2024.
RPM International shares gained 1.4% to close at $118.52 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie"> Analyst Stock Ratings </a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let&rsquo;s have a look at how Benzinga&rsquo;s most-accurate <a href="https://www.benzinga.com/quote/RPM/analyst-ratings"> analysts have rated the company </a> in the recent period.
<ul>
<li>UBS analyst Joshua Spector maintained a Neutral rating and raised the price target from $111 to $121 on March 14, 2024. This analyst has an accuracy rate of 63%.</li>
<li>BMO Capital analyst John McNulty maintained an Outperform rating and boosted the price target from $125 to $127 on Jan. 16, 2024. This analyst has an accuracy rate of 66%.</li>
<li>Mizuho analyst John Roberts initiated coverage on the stock with a Buy rating and a price target of $128 on Jan. 12, 2024. This analyst has an accuracy rate of 77%.</li>
<li>RBC Capital analyst Arun Viswanathan maintained a Sector Perform rating and boosted the price target from $103 to $105 on Oct. 6, 2023. This analyst has an accuracy rate of 62%.</li>
<li>JP Morgan analyst Jeffrey Zekauskas maintained an Overweight rating and boosted the price target from $90 to $110 on July 27, 2023. This analyst has an accuracy rate of 70%.</li>
</ul>
&nbsp;
Read This Next: <a href="https://www.benzinga.com/news/24/04/38067892/top-5-materials-stocks-that-may-implode-in-april"> Top 5 Materials Stocks That May Implode In April </a>

RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

RPM Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) has outperformed the market over the past 20 years by 2.38% on an annualized basis producing an average annual return of 10.29%. Currently, RPM Intl has a market capitalization of $15.30 billion. 
Buying $100 In RPM: If an investor had bought $100 of RPM stock 20 years ago, it would be worth $716.72 today based on a price of $118.69 for RPM at the time of writing.
<h3>RPM Intl's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711382413_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In RPM Intl 20 Years Ago Would Be Worth This Much Today

RPM Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) short percent of float has risen 30.08% since its last report. The company recently reported that it has 1.96 million shares sold short, which is 1.73% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.04 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>RPM Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711034126_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for RPM Intl has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing RPM Intl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, RPM Intl's peer group average for short interest as a percentage of float is 3.79%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About RPM Intl?

In a report released today, Michael Sison from Wells Fargo maintained a Hold rating on RPM International (RPM – Research Report), with a price targ...

RPM International (RPM) Gets a Hold from Wells Fargo

Analysts have been eager to weigh in on the Materials sector with new ratings on Schnitzer Steel Industries (RDUS – Research Report) and RPM Intern...

Analysts Conflicted on These Materials Names: Schnitzer Steel Industries (RDUS) and RPM International (RPM)

RBC Capital analyst Arun Viswanathan maintained a Hold rating on RPM International (RPM – Research Report) on April 5 and set a price target of $11...

RBC Capital Remains a Hold on RPM International (RPM)

In a report released yesterday, Michael Sison from Wells Fargo maintained a Hold rating on RPM International (RPM – Research Report), with a price ...

Wells Fargo Reaffirms Their Hold Rating on RPM International (RPM)

RBC Capital analyst Arun Viswanathan maintained a Hold rating on RPM International (RPM – Research Report) on April 9 and set a price target of $11...

RBC Capital Sticks to Their Hold Rating for RPM International (RPM)

Dividend Champion, Contender, And Challenger Highlights: Week Of April 14

In a report released today, Michael Harrison CFA from Seaport Global maintained a Buy rating on RPM International (RPM – Research Report), with a p...

Seaport Global Sticks to Its Buy Rating for RPM International (RPM)

My Optimism About Albemarle Has Taken A Hit

Dividend Champion, Contender, And Challenger Highlights: Week Of April 28

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
When it comes to finding the market-beating stocks of the future, you may want to look at stocks that are currently crushing it. Yes, past performance is not indicative of future returns, but many of the top-performing stocks have what it takes to continue winning.



For instance, top-performers are can often be companies that operate within fast-growing sectors. These do not have to be in &ldquo;hot&rdquo; industries like AI or EVs, either. Often a &ldquo;boring but growing&rdquo; industry can provide the opportunity for multiyear growth.



Also, there are companies that, through a well-executed strategy by management, remain well-positioned to experience the levels of growth necessarily to sustain above-average price appreciation over time. These long-term growth strategies can be organic, yet a well-executed &ldquo;bolt-on&rdquo; acquisition strategy can produce this growth as well.



Taking a look at current market-beating stocks, I have found seven names the fit this criteria. Let&rsquo;s take a look at each one, and see why they have the potential to produce stunning returns for your portfolio.



<h2>Donnelley Financial Solutions (DFIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/bonus-pay-money-300x169.jpg" alt="100 dollar bills being passed from one hand to the other. Can represent stimulus checks or payment. millionaire-maker stocks"><div>Source: Maryna Pleshkun/Shutterstock.com</div></div>Donnelley Financial Solutions (NYSE: <a href="https://investorplace.com/stock-quotes/dfin-stock-quote/">DFIN</a>) provides compliance and communications services to publicly traded companies and to the financial services industry. 



Once a component of the printing giant RR Donnelley, DFIN has over time transformed from its print roots into primarily a SaaS-based provider of its services.



This, coupled with a booming financial market, has led to big gains for DFIN stock so far this decade. Trading at penny levels in 2020, shares have since bolted to the low-$60s per share. 



Yet while this stock likely will not make another 10 to 15-fold leap higher anytime soon, it has the potential to continue outperforming the broad market.



DFIN is expected to grow earnings by 23.8% this year, from <a href="https://investor.dfinsolutions.com/press-releases/news-details/2024/DFIN-Reports-Fourth-Quarter-and-Full-Year-2023-Results/default.aspx">$2.81</a> to <a href="https://seekingalpha.com/symbol/DFIN/earnings">$3.48</a> per share this year. Couple this with possible multiple expansion, as the market further appreciates DFIN&rsquo;s SaaS transformation, and it&rsquo;s clear much runway remains for this stock.



<h2>Ensign Group (ENSG)</h2>







<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/healthcare_staffing1600-300x169.png" alt="Medicine and healthcare concept - team or group of doctors and nurses"><div>Source: Supavadee butradee / Shutterstock.com</div></div>Ensign Group (NASDAQ: <a href="https://investorplace.com/stock-quotes/ensg-stock-quote/">ENSG</a>) is one of the market-beating stocks I&rsquo;ve talked about recently, when discussing <a href="https://investorplace.com/2024/03/wall-streets-best-kept-secrets-7-little-known-stocks-to-love/">little-known stocks with big upside potential</a>. This company owns and operates skilled-nursing facilities.



By employing a strategy of acquiring SNFs, then improving their operations, Ensign has built a strong track record of profitability and growth. This has in turn resulted in strong price performance for ENSG stock. Shares are up twelvefold over the past decade. In the past year alone, Ensign has gained by around 21.75%. 



While not exactly &ldquo;cheap&rdquo; at 22 times forward earnings, this valuation is more-than-reasonable, given long-term earnings growth forecasts. Per analyst estimates, earnings are expected to keep growing by <a href="https://www.wsj.com/market-data/quotes/ENSG">nearly 10%</a> annually in the years ahead. 



ESNG also pays out a quarterly dividend. While tiny (<a href="https://seekingalpha.com/symbol/ENSG/dividends/scorecard">0.20%</a>) , this dividend has been steadily growing over the seven years, and could keep increasing in line with earnings growth.



<h2>Flowserve (FLS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-300x169.jpg" alt='high-growth stocks an image of "Buy" on colorful buttons of the keyboard'><div>Source: Christian Chan / Shutterstock.com</div></div>Flowserve (NYSE: <a href="https://investorplace.com/stock-quotes/fls-stock-quote/">FLS</a>) is a good example of what I was talking about above, regarding &ldquo;boring but growing&rdquo; stocks. 



This company manufactures pump systems, mechanical seals, and related products, which is not exactly a glamorous industry.



However, after many years of middling fiscal performance, Flowserve has been bouncing back in terms of revenue and profitability since 2022. A rebound in the energy sector has been a big reason for this, but as Seeking Alpha commentator The Value Investor argued in January, the company has also started to <a href="https://seekingalpha.com/article/4662751-flowserve-turnaround-looks-for-real">diversify its customer base</a> beyond oil and gas.



FLS stock is up 39% in the past year, yet further long-term upside potential remains. Favorable energy sector demand trends, plus the diversification efforts, point to future earnings growth coming <a href="https://www.wsj.com/market-data/quotes/FLS/research-ratings">in line with analyst forecasts</a>. Shares trade at a reasonable 18.5 times forward earnings, and the stock sports a 1.78% yield.



<h2>Interactive Brokers Group (IBKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/brokerageaccount1600-300x169.jpg" alt="A pile of $100 bills on a black background with a smartphone displaying a stock chart on top."><div>Source: etonastenka / Shutterstock.com</div></div>Over the past decade, Interactive Brokers Group (NASDAQ: <a href="https://investorplace.com/stock-quotes/ibkr-stock-quote/">IBKR</a>) gained in value by 411.1%. In the past year, shares in the brokerage firm have remained one of the market-beating stocks, climbing nearly 39% since last May.



Despite this big run-up, IBKR stock appears more than reasonably priced. For one, at 17.8 times forward earnings, shares trade at a discount to peers like Charles Schwab (NYSE: <a href="https://investorplace.com/stock-quotes/schw-stock-quote/">SCHW</a>), which trades for 21.8 times forward earnings. Sure, given present sell-side earnings forecasts for next year, this valuation discrepancy makes sense.



Analyst consensus calls for a minimal jump in Interactive Brokers&rsquo; profitability, from <a href="https://seekingalpha.com/symbol/IBKR/earnings">$6.56 to $6.59 per share</a>. However, net interest income makes up a large portion of earnings. 



Forecasts may be overestimating how quickly the Federal Reserve will lower rates down from today&rsquo;s high levels. This points to strong potential for better-than-expected results in 2025.



<h2>RPM International (RPM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/industrial1600-300x169.jpg" alt=""><div>Source: Shutterstock</div></div>RPM International (NYSE: <a href="https://investorplace.com/stock-quotes/rpm-stock-quote/">RPM</a>) makes and sells building materials and industrial coatings. Yet another example of &ldquo;boring but growing,&rdquo; while RPM has trailed the broad market in the past decade, shares have been a market-beater over the past year.



Since last May, RPM stock is up by around 31.4%, versus 20.8% for the S&amp;P 500 index. Moreover, RPM may be well-positioned to continue beating the market moving forward. As I argued late last year, <a href="https://investorplace.com/2023/12/7-dividend-kings-for-royal-returns-in-2024/">numerous factors</a>, including improving demand trends and an operational improvement initiative, point to growth acceleration ahead.



Besides being well-positioned for further price appreciation, RPM is also a strong choice for dividend-focused investors. Now a &ldquo;dividend king,&rdquo; with 50 years of consecutive payout growth, the stock also has a forward dividend yield of 1.72%. Over the past five years, RPM has increased its dividend by an average of 12.03% annually.



<h2>SPX Technologies (SPXC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/tech-stocks-1600-300x169.png" alt="A hexagonal grid with different tech-related icons; Tech stocks illustration. Best Tech stocks. tech stocks trading at bargain prices"><div>Source: whiteMocca / Shutterstock</div></div>SPX Technologies (NYSE: <a href="https://investorplace.com/stock-quotes/spxc-stock-quote/">SPXC</a>) has been on a tear over the past six months. During this time frame, it has become one of the market-beating stocks, rising 53.3%. What&rsquo;s driving this hot run for SPXC?



Chalk it up to strong results for this HVAC systems manufacturer. Thanks to robust demand, operational improvements, and success with strategic acquisitions, SPX reported <a href="https://finance.yahoo.com/news/spx-reports-fourth-quarter-full-210600625.html">significant earnings growth</a> last year. 



Anticipating further strength ahead, investors have been bidding up SPX stock. Yet while the crowd has already piled in, don&rsquo;t assume it&rsquo;s too late to buy.



SPX&rsquo;s forward earnings multiple of 24.7 is reasonable, given both its quality as well as growth forecasts. Sell side consensus calls for earnings to rise by another <a href="https://www.wsj.com/market-data/quotes/SPXC">11.25%</a> next year. SPX has not paid a dividend in nearly a decade, but if current profit growth trends continue, it&rsquo;s easy to see the company resume quarterly payouts.



<h2>Texas Roadhouse (TXRH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/txrh-stock-1-300x169.jpg" alt="An outside and closeup view of a Texas Roadhouse, Inc. (TXRH) sign"><div>Source: Jonathan Weiss / Shutterstock.com</div></div>Texas Roadhouse (NASDAQ: <a href="https://investorplace.com/stock-quotes/txrh-stock-quote/">TXRH</a>) is an operator of casual dining restaurants. TXRH fits the bill, when it comes to a long-term growth story. 



The company has steadily grown in size and profitability over time. With this, it&rsquo;s no wonder why TXRH has knocked it out of the park over the past decade.



Since 2014, TXRH stock is up a total of 562.6%. Texas Roadhouse has also returned capital to shareholders for many years, in the form of a quarterly dividend. Shares currently yield 1.52%, but keep in mind TXRH&rsquo;s history of steadily increasing the dividend. 10 years ago, the quarterly dividend was 15 cents per share; , it&rsquo;s 61 cents per share.



As I&rsquo;ve argued previously, TXRH stands to keep growing at <a href="https://investorplace.com/2024/03/7-smart-stocks-to-buy-for-your-childrens-portfolio/">an above-average pace</a>. This growth will likely result in not just further increases to the dividend, but further share price appreciation as well.



On the date of publication, Thomas Niel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/05/invest-in-future-winners-7-stocks-to-beat-the-market/">Invest in Future Winners: 7 Stocks to Beat the Market</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Invest in Future Winners: 7 Stocks to Beat the Market

ATLO

CASY

CHCO

CHCT

COST

DFIN

ENSG

EWBC

FBMS

FELE

FIBK

FMAO

FNLC

FUNC

GAIN

GSBC

GWRS

HBNC

HESM

HIFS

HWBK

IBCP

IBKR

INTU

INVH

ISTR

LAND

LANDP

LKFN

MATW

MGRC

MORN

MPLX

NDAQ

NWFL

ORRF

PEBO

QNTO

RBCAA

RGCO

RGLD

RVSB

SCVL

SOMC

SPXC

TXRH

TYBT

TYCB

WDFC

Press Releases

RPM Reports Record Fiscal 2024 First-Quarter Results

RPM Increases Cash Dividend for 50th Consecutive Year

RPM to Announce Fiscal 2024 Second-Quarter Results on January 4, 2024

RPM Declares Quarterly Dividend

RPM Reports Record Fiscal 2024 Second-Quarter Results

RPM Opens Innovation Center of Excellence

RPM to Announce Fiscal 2024 Third-Quarter Results on April 4, 2024

Opinion

Thinking about buying stock in RPM International, Xilio Therapeutics, KULR Technology, Torrid Holdings, or IGM Biosciences?