Analyst Ratings for Installed Building Products Inc. (IBP)

Updated: 2017-07-27

Installed Building Products Inc. (NYSE:IBP) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, IBP was issued an average rating of Buy.

A buy rating was issued by 6 analysts, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for IBP. The maximum price target given was 61, which equates to a potential upside of 16.63 percent. The most pessimistic analyst gave a price target of 58, implying a possible loss of 10.9 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -10.45 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.36 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of IBP's earnings is estimated by analysts to be 15.85 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. IBP has a PEG ratio of 2.66.

IBP has a 52-week high of 55.45 and a 52-week low of 30.16. Today's price is 73.41 percent above the 52-week low, and 5.68 percent lower than its 52-week high. IBP has a P/E ratio of 42.18. Investors typically compare the P/E ratio to a company's peers in the industry. The IBP value stock report compares IBP to some of its peers using value stock charts. The stock has a market capitalization of $1.68 billion. IBP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.