Is RPM International (RPM) Outperforming Other Construction Stocks This Year?
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has RPM International (RPM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
RPM International is a member of the Construction sector. This group includes 101 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. RPM International is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for RPM's full-year earnings has moved 6.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, RPM has gained about 2.5% so far this year. Meanwhile, stocks in the Construction group have lost about 19.8% on average. This means that RPM International is performing better than its sector in terms of year-to-date returns.
Another stock in the Construction sector, Sterling Infrastructure (STRL), has outperformed the sector so far this year. The stock's year-to-date return is 22.8%.
In Sterling Infrastructure's case, the consensus EPS estimate for the current year increased 4.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, RPM International belongs to the Paints and Related Products industry, which includes 2 individual stocks and currently sits at #6 in the Zacks Industry Rank. On average, this group has lost an average of 24.4% so far this year, meaning that RPM is performing better in terms of year-to-date returns.
In contrast, Sterling Infrastructure falls under the Engineering - R and D Services industry. Currently, this industry has 20 stocks and is ranked #90. Since the beginning of the year, the industry has moved +9.7%.
Investors with an interest in Construction stocks should continue to track RPM International and Sterling Infrastructure. These stocks will be looking to continue their solid performance.
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RPM International Inc. (RPM) : Free Stock Analysis Report
Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report
