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.
Several price targets were given for IBP by the analysts covering the stock. The maximum price target given was 61, implying a possible profit of 16.63 percent. The lowest price target was 58, which equates to a potential downside of 10.9 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -10.45 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.36 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 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.
In the trailing 52-weeks, IBP hit 55.45 at the highest peak, while it's lowest trading point was 30.16. The current market price is above the trailing year's low by 73.41 percent, and 5.68 percent below the 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's next earnings release will be on 0000-00-00, which is days away.