On Tuesday, Installed Building Products Inc (NYSE: IBP) opened lower -8.21% from the last session, before settling in for the closing price of $234.71. Price fluctuations for IBP have ranged from $107.85 to $281.04 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 16.25%. Company’s average yearly earnings per share was noted 10.38% at the time writing. With a float of $23.63 million, this company’s outstanding shares have now reached $28.37 million.
Considering the fact that the conglomerate employs 10600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.95%, operating margin of 13.62%, and the pretax margin is 12.11%.
Installed Building Products Inc (IBP) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Residential Construction industry is another important factor to consider. The insider ownership of Installed Building Products Inc is 16.32%, while institutional ownership is 89.81%. The most recent insider transaction that took place on May 20 ’24, was worth 449,129. In this transaction Director of this company sold 2,122 shares at a rate of $211.65, taking the stock ownership to the 7,046 shares. Before that another transaction happened on May 13 ’24, when Company’s Chief Admin & Sustainability sold 6,000 for $229.84, making the entire transaction worth $1,379,046. This insider now owns 13,159 shares in total.
Installed Building Products Inc (IBP) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.79 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.38) by 0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.38% 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
Check out the current performance indicators for Installed Building Products Inc (IBP). In the past quarter, the stock posted a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 20.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.96, a number that is poised to hit 2.98 in the next quarter and is forecasted to reach 12.05 in one year’s time.
Technical Analysis of Installed Building Products Inc (IBP)
Compared to the last year’s volume of 0.29 million, its volume of 0.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.23%. Additionally, its Average True Range was 9.83.
During the past 100 days, Installed Building Products Inc’s (IBP) raw stochastic average was set at 26.61%, which indicates a significant increase from 17.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.28% in the past 14 days, which was lower than the 51.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $231.35, while its 200-day Moving Average is $225.82. Nevertheless, the first resistance level for the watch stands at $223.57 in the near term. At $231.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $240.59. If the price goes on to break the first support level at $206.55, it is likely to go to the next support level at $197.67. Now, if the price goes above the second support level, the third support stands at $189.53.
Installed Building Products Inc (NYSE: IBP) Key Stats
There are currently 28,234K shares outstanding in the company with a market cap of 6.08 billion. Presently, the company’s annual sales total 2,779 M according to its annual income of 243,700 K. Last quarter, the company’s sales amounted to 737,600 K and its income totaled 65,200 K.
