13-Dec-2024
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Business Wire (Tue, 26-Nov 4:15 PM ET)
Installed Building Products Publishes 2024 Environmental, Social and Governance Report
Business Wire (Wed, 13-Nov 4:05 PM ET)
Installed Building Products Announces the Acquisition of Tatum Insulation III, LLC
Business Wire (Tue, 12-Nov 9:25 AM ET)
Business Wire (Thu, 7-Nov 7:30 AM ET)
Installed Building Products to Report Third Quarter 2024 Financial Results
Business Wire (Thu, 24-Oct 8:00 AM ET)
Business Wire (Mon, 7-Oct 4:15 PM ET)
IBP's Advanced Fiber Technology Opens Second Production Line in Bucyrus
Business Wire (Tue, 17-Sep 8:00 AM ET)
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is generated from Installation segment.
Installed Building Prods trades on the NYSE stock market under the symbol IBP.
As of December 13, 2024, IBP stock price declined to $198.50 with 347,382 million shares trading.
IBP has a beta of 1.81, meaning it tends to be more sensitive to market movements. IBP has a correlation of 0.21 to the broad based SPY ETF.
IBP has a market cap of $5.54 billion. This is considered a Mid Cap stock.
Last quarter Installed Building Prods reported $761 million in Revenue and $2.85 earnings per share. This beat revenue expectation by $110,000 and missed earnings estimates by -$.17.
In the last 3 years, IBP traded as high as $281.04 and as low as $69.45.
The top ETF exchange traded funds that IBP belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.
IBP has underperformed the market in the last year with a price return of +19.9% while the SPY ETF gained +29.9%. IBP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.9% and -13.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.
IBP support price is $200.07 and resistance is $210.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IBP shares will trade within this expected range on the day.