On Jun 29, 2018 In-Line Rating Received Installed Building Prods (NYSE:IBP) at Evercore ISI Group with $65 Target.

June 29, 2018 - By Susanne Funderburg

Installed Building Products, Inc. (NYSE:IBP) Corporate Logo

During Q1 2018 the big money sentiment decreased to 1.14. That’s change of 0.11, from 2017Q4’s 1.25. 25 investors sold all, 44 reduced holdings as Installed Building Products, Inc. ratio is negative. 52 rose stakes while 27 funds amassed stakes. Funds hold 21.72 million shares thus 2.92% more from 2017Q4’s 21.10 million shares.

Manufacturers Life Insur The invested in 59,839 shs or 0% of the stock. Bamco New York owns 800,000 shs. Wellington Mngmt Group Limited Liability Partnership reported 1.16M shs. State Street Corp invested 0% in Installed Building Products, Inc. (NYSE:IBP). Alyeska Inv Ltd Partnership invested in 13,243 shs or 0.01% of the stock. Tci Wealth holds 0% or 27 shs. Pnc Fin Services Group Inc holds 0.03% of its capital in Installed Building Products, Inc. (NYSE:IBP) for 515,219 shs. Invesco Ltd reported 28,289 shs. Art Advsrs Ltd Liability Corporation owns 0.06% invested in Installed Building Products, Inc. (NYSE:IBP) for 23,294 shs. Profund Advsr Limited Com holds 3,678 shs or 0.01% of its capital. Stifel Corporation has 0.05% invested in Installed Building Products, Inc. (NYSE:IBP) for 289,518 shs. Metropolitan Life Ins New York owns 7,102 shs or 0% of their US capital. State Of Alaska Department Of Revenue reported 6,785 shs. Wasatch Advsrs Incorporated holds 0.09% of its capital in Installed Building Products, Inc. (NYSE:IBP) for 113,327 shs. 106,862 were reported by Schwab Charles Invest Mgmt Incorporated.

Installed Building Products, Inc. had 5 sales and 1 buy since January 16, 2018. This’s net activity of $9.68 million. $1.49 million worth of Installed Building Products, Inc. (NYSE:IBP) was sold by NIXON J MICHAEL on Tuesday, January 16. Elliott Jay P. sold $220,500 worth of Installed Building Products, Inc. (NYSE:IBP) or 3,000 shs on Thursday, January 25. Another trade for 7,000 shs valued at $428,750 was bought by Verma Vikas.

What Price Target Has Evercore ISI Group Given Installed Building Prods (NYSE:IBP)

Installed Building Prods (NYSE:IBP) coverage has begun by Equity research analysts at Evercore ISI Group. It was set In-Line rating and a $65 TP on Thursday morning. target price indicates a potential upside of 13.64 % from the company’s last stock price.

Installed Building Products, Inc. (NYSE:IBP) Ratings Coverage

In total 9 analysts cover Installed Building Products (NYSE:IBP). “Buy” rating has 8, “Sell” are 0, while 1 are “Hold”. (NYSE:IBP) has 89% bullish analysts. 10 are the (NYSE:IBP)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Tuesday, March 13 the firm has “Buy” rating given by Nomura. On Thursday, March 1 Stephens maintained Installed Building Products, Inc. (NYSE:IBP) with “Buy” rating. On Monday, April 23 the firm earned “Buy” rating by Jefferies. On Tuesday, January 2 Seaport Global maintained the shares of IBP in report with “Buy” rating. On Friday, February 16 Zelman upgraded the shares of IBP in report to “Buy” rating. In Thursday, March 1 report RBC Capital Markets maintained the stock with “Buy” rating. On Monday, January 22 the stock of Installed Building Products, Inc. (NYSE:IBP) earned “Buy” rating by Credit Suisse. On Thursday, March 1 the rating was maintained by Seaport Global with “Buy”.

Ticker’s shares touched $57.2 during the last trading session after 2.05% change.Currently Installed Building Products, Inc. is uptrending after 26.15% change in last June 29, 2017. IBP has also 47,354 shares volume. IBP outperformed by 13.58% the S&P500.

On August, 3 is expected Installed Building Products, Inc. (NYSE:IBP)’s earnings report, Zacks reports. Analysts forecast $0.83 earnings per share, which is $0.45 up or 118.42 % from 2017’s $0.38 earnings per share. If $0.83 is reported, IBP’s profit will be $26.16 million for 17.23 P/E. Wall Street sees 315.00 % EPS growth as of August, 3.

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products in the continental United States.The company has $1.80 billion market cap. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.The P/E ratio is 44. The firm 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.

For more Installed Building Products, Inc. (NYSE:IBP) news published briefly go to: Benzinga.com, Businesswire.com, Globenewswire.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Benzinga’s Top Upgrades, Downgrades For June 28, 2018” published on June 28, 2018, “Installed Building Products Announces Plans to Reprice and Extend Its Term Loan B Facility” on May 31, 2018, “New Research Coverage Highlights Alexander & Baldwin, Triple-S Management, Installed Building Products, Robert …” with a publish date: June 20, 2018, “This Roll-Up Can’t Roll Forever” and the last “IBP increases size, maturity of credit facilities” with publication date: June 19, 2018.

Installed Building Products, Inc. (NYSE:IBP) Institutional Investors Chart

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