Installed Building Products
About: Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is derived from Installation segment.
Employees: 10,800
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
17% more call options, than puts
Call options by funds: $4.15M | Put options by funds: $3.56M
3% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 134
0.68% less ownership
Funds ownership: 91.79% [Q3] → 91.11% (-0.68%) [Q4]
9% less funds holding
Funds holding: 396 [Q3] → 359 (-37) [Q4]
30% less capital invested
Capital invested by funds: $6.38B [Q3] → $4.49B (-$1.88B) [Q4]
40% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 77
67% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$180
17%
upside
Avg. target
$208
35%
upside
High target
$225
46%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Loop Capital Jeffrey Stevenson 12% 1-year accuracy 2 / 17 met price target | 39%upside $215 | Buy Maintained | 4 Mar 2025 |
Truist Securities Keith Hughes 12% 1-year accuracy 4 / 34 met price target | 17%upside $180 | Hold Maintained | 3 Mar 2025 |
Benchmark Reuben Garner 11% 1-year accuracy 4 / 37 met price target | 36%upside $210 | Buy Maintained | 3 Mar 2025 |
DA Davidson Kurt Yinger 15% 1-year accuracy 3 / 20 met price target | 46%upside $225 | Buy Maintained | 28 Feb 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Installed Building Products, Inc. (IBP) Q4 2024 Earnings Call Transcript
Installed Building Products, Inc. (NYSE:IBP ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Darren Hicks - Vice President, Investor Relations Jeff Edwards - Chairman and CEO Michael Miller - Chief Financial Officer Jason Niswonger - Chief Administrative and Sustainability Officer Conference Call Participants Keith Hughes - Truist Securities Stephen Kim - Evercore ISI Alex Isaac - JPMorgan Susan Maklari - Goldman Sachs Phil Ng - Jefferies Ethan Roberts - Stephens, Inc. Ken Zener - KeyBanc Capital Markets Kurt Yinger - D.A. Davidson Operator Greetings.
Negative
Zacks Investment Research
1 month ago
Installed Building Products (IBP) Misses Q4 Earnings and Revenue Estimates
Installed Building Products (IBP) came out with quarterly earnings of $2.90 per share, missing the Zacks Consensus Estimate of $2.91 per share. This compares to earnings of $2.72 per share a year ago.
Neutral
Business Wire
1 month ago
Installed Building Products Reports Record Fourth Quarter 2024 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights (Comparisons are to Prior Year Period) Net revenue increased 4.1% to a fourth quarter record of $750.2 million Installation revenue increased 3.8% to $695.0 million, as growth across all end mar.
Neutral
Business Wire
2 months ago
Installed Building Products to Report Fourth Quarter and Fiscal Year 2024 Financial Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today that the Company will release its fourth quarter and fiscal year 2024 financial results on February 27, 2025. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company's results. Webcast: The conference call will be available on the investor relations sect.
Positive
Seeking Alpha
2 months ago
Baron Small Cap Fund: Q4 2024 Top Contributors And Detractors
Vertiv Holdings Co. excels with strong AI-related data center demand, projecting 16%-18% organic revenue growth for 2025, and increased profit margins. Chart Industries, Inc. shows robust fundamentals with record revenue and margins, expecting 12% revenue and 18% EBITDA growth in 2025. Intapp, Inc. benefits from strong quarterly results, 17% revenue growth, and a record pipeline, driven by AI product demand and favorable M&A activity.
Positive
Zacks Investment Research
4 months ago
Installed Building Products Expands Reach With Capital Acquisition
The acquisition of Capital strengthens IBP's position in the greater Houston building products installation market.
Neutral
Business Wire
4 months ago
Installed Building Products Announces the Acquisition of Capital Insulation, LLC
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Capital Insulation, LLC and CBS & Mirror, LLC (collectively “Capital”). Capital is located in Houston, Texas and serves the single-family, multifamily, and commercial end markets. Capital focuses on installation opportunities in new construction projects and primarily insta.
Neutral
Business Wire
4 months ago
Installed Building Products Announces Successful Repricing of Term Loan B Facility and a Share Repurchase Update
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company successfully repriced its $500 million term loan (the “Term Loan”). Also, during the month of November, IBP repurchased 250 thousand shares of its common stock at a total cost of approximately $52 million, including commissions. To date in 2024, the Company has repurchased 565 thousand sh.
Neutral
Business Wire
5 months ago
Installed Building Products Publishes 2024 Environmental, Social and Governance Report
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the release of the Company's 2024 Environmental, Social and Governance (“ESG”) report, which highlights important milestones the Company achieved during the past year, as well as the Company's ongoing ESG policies and commitment to the environment, its employees, and its communities by promoting.
Positive
Zacks Investment Research
5 months ago
Installed Building Products Expands Reach With Tatum Acquisition
Installed Building Products, Inc. IBP, a top U.S. installer of insulation and complementary building products, announced its acquisition of Tatum Insulation III, LLC, an installer based outside Wilmington, NC. With Tatum's strong presence across new residential and commercial markets in the state, IBP gains increased geographic reach and additional revenue streams.
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