A new trading day began on Tuesday, with Installed Building Products Inc (NYSE: IBP) stock price down -4.64% from the previous day of trading, before settling in for the closing price of $237.25. IBP’s price has ranged from $102.82 to $263.76 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 16.25% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 13.97%. With a float of $23.65 million, this company’s outstanding shares have now reached $28.37 million.
In an organization with 10600 employees, it is important to assess its efficiency.
Installed Building Products Inc (IBP) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Residential Construction Industry. The insider ownership of Installed Building Products Inc is 16.64%, while institutional ownership is 84.81%. The most recent insider transaction that took place on Mar 11 ’24, was worth 116,750. In this transaction Chief Accounting Officer of this company sold 500 shares at a rate of $233.50, taking the stock ownership to the 7,176 shares. Before that another transaction happened on Mar 08 ’24, when Company’s Chief Operating Officer sold 1,119 for $244.22, making the entire transaction worth $273,282. This insider now owns 6,679 shares in total.
Installed Building Products Inc (IBP) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 38.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.51% during the next five years compared to 37.48% growth over the previous five years of trading.
Installed Building Products Inc (NYSE: IBP) Trading Performance Indicators
Here are Installed Building Products Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.31. Likewise, its price to free cash flow for the trailing twelve months is 23.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.61, a number that is poised to hit 2.30 in the next quarter and is forecasted to reach 12.92 in one year’s time.
Technical Analysis of Installed Building Products Inc (IBP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.39 million. That was better than the volume of 0.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.31%. Additionally, its Average True Range was 8.48.
During the past 100 days, Installed Building Products Inc’s (IBP) raw stochastic average was set at 68.69%, which indicates a significant increase from 17.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.90% in the past 14 days, which was lower than the 38.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $234.82, while its 200-day Moving Average is $169.64. However, in the short run, Installed Building Products Inc’s stock first resistance to watch stands at $233.98. Second resistance stands at $241.72. The third major resistance level sits at $249.50. If the price goes on to break the first support level at $218.46, it is likely to go to the next support level at $210.68. The third support level lies at $202.94 if the price breaches the second support level.
Installed Building Products Inc (NYSE: IBP) Key Stats
With a market capitalization of 6.42 billion, the company has a total of 28,437K Shares Outstanding. Currently, annual sales are 2,779 M while annual income is 243,700 K. The company’s previous quarter sales were 720,730 K while its latest quarter income was 64,840 K.
