On Friday, Installed Building Products Inc (NYSE: IBP) was -1.53% drop from the session before settling in for the closing price of $199.04. A 52-week range for IBP has been $169.02 – $281.04.
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A company in the Consumer Cyclical sector has jumped its sales by 17.03% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 7.73%. With a float of $23.56 million, this company’s outstanding shares have now reached $28.14 million.
In an organization with 10600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.85%, operating margin of 13.33%, and the pretax margin is 11.93%.
Installed Building Products Inc (IBP) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Installed Building Products Inc stocks. The insider ownership of Installed Building Products Inc is 16.29%, while institutional ownership is 93.42%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.73% per share during the next fiscal year.
Installed Building Products Inc (NYSE: IBP) Trading Performance Indicators
You can see what Installed Building Products Inc (IBP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89. Likewise, its price to free cash flow for the trailing twelve months is 20.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.00, a number that is poised to hit 2.85 in the next quarter and is forecasted to reach 11.48 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 0.34 million. That was better than the volume of 0.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.81%. Additionally, its Average True Range was 7.32.
During the past 100 days, Installed Building Products Inc’s (IBP) raw stochastic average was set at 29.79%, which indicates a significant decrease from 76.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.91% in the past 14 days, which was lower than the 42.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $200.06, while its 200-day Moving Average is $220.39. However, in the short run, Installed Building Products Inc’s stock first resistance to watch stands at $201.64. Second resistance stands at $207.28. The third major resistance level sits at $210.41. If the price goes on to break the first support level at $192.87, it is likely to go to the next support level at $189.74. Assuming the price breaks the second support level, the third support level stands at $184.10.
Installed Building Products Inc (NYSE: IBP) Key Stats
There are 28,142K outstanding shares of the company, which has a market capitalization of 5.52 billion. As of now, sales total 2,779 M while income totals 243,700 K. Its latest quarter income was 760,600 K while its last quarter net income were 68,600 K.
