On Jun 29, 2018 Evercore ISI Group Analyzed Installed Building Prods (NYSE:IBP) with $65 Target.

June 29, 2018 - By Lena Young

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

Big Money Sentiment decreased to 1.14 in 2018 Q1. It has change of 0.11, from 2017Q4’s 1.25. The ratio dived due to Installed Building Products, Inc. positioning: 25 sold and 44 reduced. 27 funds took stakes and 52 increased stakes. Investors holded 21.10 million in 2017Q4 but now own 21.72 million shares or 2.92% more.

California State Teachers Retirement reported 32,866 shs. Basswood Mgmt Limited Liability Co owns 164,076 shs. Nuveen Asset Mngmt Ltd Liability Corporation reported 21,695 shs. Riverhead Capital Mngmt Ltd Liability Corporation, a Delaware-based fund reported 1,334 shs. Dimensional Fund Lp has 883,243 shs for 0.02% of their capital. Citigroup holds 144 shs or 0% of its capital. Lazard Asset Ltd Liability Corporation owns 5,657 shs or 0% of their US capital. Guggenheim Cap Limited Liability Corporation reported 43,895 shs. Putnam Invests Ltd Limited Liability Company holds 47,910 shs or 0.01% of its capital. Wellington Management Group Llp has 0.02% invested in Installed Building Products, Inc. (NYSE:IBP). Ameriprise reported 257,072 shs. Jpmorgan Chase & has 0% invested in Installed Building Products, Inc. (NYSE:IBP). Arizona State Retirement System holds 33,144 shs or 0.02% of its capital. Public Sector Pension Inv Board holds 0.01% or 13,261 shs in its capital. Northern Trust reported 0% of its capital in Installed Building Products, Inc. (NYSE:IBP).

Installed Building Products, Inc. registered $9.68 million net activity with 1 buying transaction and 5 selling transactions since January 16, 2018. On Thursday, January 25 Shares for $220,500 were sold by Elliott Jay P.. Another trade for 35,000 shs valued at $2.26 million was sold by Edwards Jeffrey W.. 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)

On Thursday, 28 June analysts report was issued on Installed Building Prods (NYSE:IBP) of its “In-Line” Rating reiterated by analysts at Evercore ISI Group. The MC company coverage has started with $65 PT that gives 13.64 % upside potential from the previous close.

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

Total analysts of 9 have positions in Installed Building Products (NYSE:IBP) as follows: 8 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 89%. Since January 2, 2018 according to StockzIntelligence Inc Installed Building Products has 10 analyst reports. On Tuesday, January 2 the rating was maintained by Seaport Global with “Buy”. On Tuesday, March 13 Nomura initiated the shares of IBP in report with “Buy” rating. On Monday, April 23 the firm has “Buy” rating given by Jefferies. The stock rating was maintained by Seaport Global with “Buy” on Thursday, March 1. In Thursday, March 1 report RBC Capital Markets maintained it with “Buy” rating and $71.0 target. The company rating was maintained by Stephens on Thursday, March 1. On Monday, January 22 Credit Suisse maintained Installed Building Products, Inc. (NYSE:IBP) rating. Credit Suisse has “Buy” rating and $85.0 target. On Friday, February 16 the stock of Installed Building Products, Inc. (NYSE:IBP) earned “Buy” rating by Zelman.

The stock decreased 2.05% or $1.2 during the last trading session, hitting $57.2.Currently Installed Building Products, Inc. is uptrending after 26.15% change in last June 29, 2017. IBP has also 47,354 shares volume. The stock outperformed the S&P500 by 13.58%.

On August, 3. Investors wait Installed Building Products, Inc. (NYSE:IBP) to report its quarterly earnings, Faxor reports. Analysts predict 118.42 % diference or $0.83 from the $0.38 EPS from 2017. If earnings per share of $0.83 is announced the profit of IBP could hit $26.16M giving it 17.23 P/E. Analysts at Wall Street see Installed Building Products, Inc.’s 315.00 % EPS growth compared to $0.20 earnings per share for previous quarter.

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 firm is worth $1.80 billion. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.44 is the P/E ratio. 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 brought out briefly go to: Seekingalpha.com, Benzinga.com, Globenewswire.com, Businesswire.com or Seekingalpha.com. The titles are as follows: “IBP increases size, maturity of credit facilities” brought out on June 19, 2018, “Benzinga’s Top Upgrades, Downgrades For June 28, 2018” on June 28, 2018, “New Research Coverage Highlights Alexander & Baldwin, Triple-S Management, Installed Building Products, Robert …” with a publish date: June 20, 2018, “Installed Building Products Announces Plans to Reprice and Extend Its Term Loan B Facility” and the last “This Roll-Up Can’t Roll Forever” with publication date: June 04, 2018.

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

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