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.

IBP was given price targets by several analysts. The maximum price target given was 61, implying potential capital gains of 16.63 percent. The most pessimistic analyst gave a price target of 58, implying potential capital losses of 10.9 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -10.45 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.36 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. IBP has a PEG ratio of 2.66.

IBP has traded between a high of 55.45 and a low of 30.16 over the past year. 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 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 market cap of IBP is $1.68 billion. IBP's next earnings release will be on 0000-00-00, which is days away.