Installed Building Products' (IBP) "Neutral" Rating Reaffirmed at DA Davidson

Key Points

• Installed Building Products (NYSE:IBP) received a "neutral" rating from DA Davidson, with a revised price target of $252.00, slightly above its previous target of $225.00.
• As of the latest ratings, two analysts have issued a sell rating, while ten have assigned a hold rating and two a buy rating, resulting in a consensus rating of “Hold”.
• The company reported earnings of $2.95 per share for the last quarter, exceeding estimates by $0.50, with a revenue increase of 3.1% year-over-year.

Installed Building Products (NYSE:IBP - Get Free Report)'s stock had its "neutral" rating reiterated by analysts at DA Davidson in a research note issued to investors on Tuesday, MarketBeat reports. They currently have a $252.00 price objective on the construction company's stock, up from their prior price objective of $225.00. DA Davidson's target price points to a potential downside of 5.95% from the stock's current price. DA Davidson also issued estimates for Installed Building Products' Q3 2025 earnings at $2.66 EPS, FY2025 earnings at $9.67 EPS and FY2026 earnings at $10.32 EPS.

Other equities research analysts have also issued reports about the stock. Benchmark cut their price objective on shares of Installed Building Products from $210.00 to $185.00 and set a "buy" rating for the company in a report on Friday, May 9th. Danske lowered shares of Installed Building Products from a "buy" rating to a "hold" rating and set a $252.00 price objective for the company. in a report on Tuesday. Loop Capital cut shares of Installed Building Products from a "buy" rating to a "hold" rating and set a $255.00 target price for the company. in a research note on Friday, August 8th. Royal Bank Of Canada reaffirmed an "underperform" rating and set a $184.00 target price (up from $145.00) on shares of Installed Building Products in a research note on Thursday, August 7th. Finally, Zelman & Associates raised shares of Installed Building Products from an "underperform" rating to a "neutral" rating in a research note on Friday, August 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Installed Building Products presently has a consensus rating of "Hold" and a consensus target price of $217.36.

Installed Building Products Trading Up 0.4%

Shares of IBP stock opened at $267.93 on Tuesday. Installed Building Products has a 52-week low of $150.83 and a 52-week high of $275.76. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.31 and a current ratio of 2.85. The firm has a market capitalization of $7.32 billion, a PE ratio of 29.80 and a beta of 1.73. The stock has a fifty day simple moving average of $199.54 and a two-hundred day simple moving average of $180.31.

Installed Building Products (NYSE:IBP - Get Free Report) last released its earnings results on Thursday, August 7th. The construction company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.50. Installed Building Products had a return on equity of 60.27% and a net margin of 8.45%. The firm had revenue of $760.30 million during the quarter, compared to analysts' expectations of $711.37 million. During the same quarter last year, the business posted $2.84 earnings per share. The firm's revenue was up 3.1% on a year-over-year basis. On average, analysts predict that Installed Building Products will post 10.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other Installed Building Products news, insider William Jeffrey Hire sold 6,500 shares of Installed Building Products stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $265.71, for a total value of $1,727,115.00. Following the completion of the transaction, the insider directly owned 37,999 shares of the company's stock, valued at $10,096,714.29. This trade represents a 14.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Todd R. Fry sold 500 shares of Installed Building Products stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $257.27, for a total value of $128,635.00. Following the completion of the transaction, the chief accounting officer owned 6,822 shares of the company's stock, valued at approximately $1,755,095.94. This represents a 6.83% decrease in their position. The disclosure for this sale can be found here. Company insiders own 16.20% of the company's stock.

Hedge Funds Weigh In On Installed Building Products

A number of institutional investors and hedge funds have recently modified their holdings of IBP. GAMMA Investing LLC boosted its stake in Installed Building Products by 107.1% during the first quarter. GAMMA Investing LLC now owns 986 shares of the construction company's stock worth $169,000 after buying an additional 510 shares during the period. Fifth Third Bancorp boosted its stake in Installed Building Products by 74.6% during the first quarter. Fifth Third Bancorp now owns 227 shares of the construction company's stock worth $39,000 after buying an additional 97 shares during the period. Crossmark Global Holdings Inc. boosted its stake in Installed Building Products by 27.2% during the first quarter. Crossmark Global Holdings Inc. now owns 2,212 shares of the construction company's stock worth $379,000 after buying an additional 473 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Installed Building Products by 36.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,079 shares of the construction company's stock worth $356,000 after buying an additional 557 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of Installed Building Products by 1.7% during the 1st quarter. Stratos Wealth Partners LTD. now owns 4,173 shares of the construction company's stock worth $716,000 after purchasing an additional 68 shares during the period. Hedge funds and other institutional investors own 99.61% of the company's stock.

Installed Building Products Company Profile

Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the United States. It operates through Installation, Distribution, and Manufacturing operation segments.