Installed Building Products, In with ticker code (IBP) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 143 and 85 and has a mean target at 112.22. With the stocks previous close at 114.86 this would indicate that there is a downside of -2.3%. The 50 day moving average now sits at 104.82 and the 200 day moving average is 92.52. The company has a market cap of $3,239m. Find out more information at: https://www.installedbuildingproducts.com
The potential market cap would be $3,165m based on the market concensus.
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Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; and waterproofing options, including sheet and hot applied waterproofing membranes, as well as deck coating, bentonite, and air and vapor systems. It serves homebuilders, multi-family and commercial construction firms, individual homeowners, and repair and remodeling contractors through a network of approximately 210 branch locations. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.