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, which equates to a potential upside of 16.63 percent. The lowest price target was 58, which equates to a potential downside of 10.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -8.36 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

IBP has an estimated earnings growth rate of 15.85 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of IBP is 2.66.

IBP has a 52-week high of 55.45 and a 52-week low of 30.16. The current market price is above the trailing year's low by 73.41 percent, and below the high by 5.68 percent. IBP has a price/earnings 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.