NYSE:IBPInstalled Building Products Stock Price, Forecast & News

$67.82

+3.54 (+5.51 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$63.75

Now: $67.82▼

$68.92

50-Day Range

$36.51

MA: $50.60▼

$70.68

52-Week Range

$29.02

Now: $67.82▼

$80.25

Volume280,300 shs

Average Volume298,297 shs

Market Capitalization$2.02 billion

P/E Ratio27.02

Dividend YieldN/A

Beta1.77

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 continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. The company is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical. It serves homebuilders, multi-family and commercial construction firms, individual homeowners, and repair and remodeling contractors. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is headquartered in Columbus, Ohio.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Installed Building Products has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.91, Installed Building Products has a potential downside of 5.8% from its current price of $67.82.
Amount of Analyst Coverage
Installed Building Products has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Installed Building Products has received 268 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Installed Building Products has received 232 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Installed Building Products has received 53.60% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Installed Building Products and other stocks. Vote “Outperform” if you believe IBP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IBP will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Installed Building Products does not currently pay a dividend.
Dividend Growth
Installed Building Products does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Installed Building Products insiders have sold 525.55% more of their company's stock than they have bought. Specifically, they have bought $865,800.00 in company stock and sold $5,416,000.00 in company stock.
Percentage Held by Insiders
Only 24.00% of the stock of Installed Building Products is held by insiders.
Percentage Held by Institutions
68.40% of the stock of Installed Building Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Installed Building Products are expected to grow by 28.00% in the coming year, from $2.75 to $3.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Installed Building Products is 27.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Installed Building Products is 27.02, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 37.91.
Price to Book Value per Share Ratio
Installed Building Products has a P/B Ratio of 8.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.58 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry General building contractors - residential buildings

Sub-IndustryN/A

SectorConstruction

Current SymbolNYSE:IBP

Previous Symbol

CUSIPN/A

CIK1580905

Webwww.installedbuildingproducts.com

Phone614-221-3399

Debt

Debt-to-Equity Ratio2.36

Current Ratio2.83

Quick Ratio2.46

Price-To-Earnings

Trailing P/E Ratio27.02

Forward P/E Ratio24.66

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.51 billion

Price / Sales1.34

Cash Flow$6.27 per share

Price / Cash Flow10.81

Book Value$8.33 per share

Price / Book8.14

Profitability

EPS (Most Recent Fiscal Year)$3.29

Net Income$68.16 million

Net Margins4.81%

Return on Equity45.79%

Return on Assets10.21%

Miscellaneous

Employees8,500

Outstanding Shares29,793,000

Market Cap$2.02 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Installed Building Products (NYSE:IBP) Frequently Asked Questions

How has Installed Building Products' stock been impacted by COVID-19 (Coronavirus)?

Installed Building Products' stock was trading at $49.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IBP shares have increased by 36.7% and is now trading at $67.82. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Installed Building Products?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Installed Building Products.

When is Installed Building Products' next earnings date?

Installed Building Products is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Installed Building Products.

How were Installed Building Products' earnings last quarter?

Installed Building Products Inc (NYSE:IBP) issued its earnings results on Friday, May, 8th. The construction company reported $0.78 EPS for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.17. The construction company earned $397.30 million during the quarter, compared to analysts' expectations of $381.87 million. Installed Building Products had a return on equity of 45.79% and a net margin of 4.81%. Installed Building Products's revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 EPS. View Installed Building Products' earnings history.

What price target have analysts set for IBP?

11 brokerages have issued twelve-month price targets for Installed Building Products' shares. Their forecasts range from $45.00 to $87.00. On average, they anticipate Installed Building Products' stock price to reach $63.91 in the next twelve months. This suggests that the stock has a possible downside of 5.8%. View analysts' price targets for Installed Building Products.

Has Installed Building Products been receiving favorable news coverage?

Media coverage about IBP stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Installed Building Products earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutInstalled Building Products.

Are investors shorting Installed Building Products?

Installed Building Products saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 794,100 shares, an increase of 8.8% from the April 30th total of 730,200 shares. Based on an average trading volume of 342,100 shares, the short-interest ratio is currently 2.3 days. Currently, 3.5% of the company's shares are short sold. View Installed Building Products' Current Options Chain.

Who are some of Installed Building Products' key competitors?

Some companies that are related to Installed Building Products include Lennar (LEN), Lennar (LEN.B), SEKISUI HOUSE L/S (SKHSY), Fortune Brands Home & Security (FBHS), Xinyuan Real Estate (XIN), Pernix Group (PRXG) and Prospect Global Resources (PGRX). View all competitors.

What other stocks do shareholders of Installed Building Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Installed Building Products investors own include Alibaba Group (BABA), NVIDIA (NVDA), Verizon Communications (VZ), Netflix (NFLX), Paycom Software (PAYC), AbbVie (ABBV), salesforce.com (CRM), Intuitive Surgical (ISRG), Johnson & Johnson (JNJ) and Paypal (PYPL).

Who are Installed Building Products' key executives?

Installed Building Products' management team includes the following people:

Mr. Jeffrey W. Edwards, Chairman, CEO & Pres (Age 55)
Mr. Michael T. Miller, CFO , Exec. VP of Fin. & Director (Age 55)
Mr. Jay P. Elliott, Chief Operating Officer (Age 58)
Mr. Todd R. Fry CPA, Chief Accounting Officer & Treasurer (Age 53)
Mr. Jason R. Niswonger, Sr. VP of Fin. & Investor Relations (Age 46)

What is Installed Building Products' stock symbol?

Installed Building Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "IBP."

Who are Installed Building Products' major shareholders?

Installed Building Products' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.29%), Wellington Management Group LLP (3.91%), Waddell & Reed Financial Inc. (2.80%), State Street Corp (2.53%), Pembroke Management LTD (1.42%) and Nuveen Asset Management LLC (1.14%). Company insiders that own Installed Building Products stock include Jay P Elliott, Jeffrey W Edwards, Michael H Thomas, Michael Thomas Miller, Vikas Verma and William Jeffrey Hire. View institutional ownership trends for Installed Building Products.

Which major investors are selling Installed Building Products stock?

IBP stock was sold by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, BlackRock Inc., Pembroke Management LTD, KBC Group NV, and Origin Asset Management LLP. Company insiders that have sold Installed Building Products company stock in the last year include Jay P Elliott, Jeffrey W Edwards, Michael Thomas Miller, Vikas Verma, and William Jeffrey Hire. View insider buying and selling activity for Installed Building Products.

Which major investors are buying Installed Building Products stock?

IBP stock was purchased by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Wellington Management Group LLP, Matarin Capital Management LLC, Penn Capital Management Co. Inc., Atom Investors LP, Nuveen Asset Management LLC, and Victory Capital Management Inc.. View insider buying and selling activity for Installed Building Products.

How do I buy shares of Installed Building Products?

Shares of IBP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Installed Building Products' stock price today?

One share of IBP stock can currently be purchased for approximately $67.82.

How big of a company is Installed Building Products?

Installed Building Products has a market capitalization of $2.02 billion and generates $1.51 billion in revenue each year. The construction company earns $68.16 million in net income (profit) each year or $3.29 on an earnings per share basis. Installed Building Products employs 8,500 workers across the globe.

What is Installed Building Products' official website?

The official website for Installed Building Products is www.installedbuildingproducts.com.

How can I contact Installed Building Products?

Installed Building Products' mailing address is 495 SOUTH HIGH STREET SUITE 50, COLUMBUS OH, 43215. The construction company can be reached via phone at 614-221-3399 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff