Installed Building Products, Inc. (IBP)
NYSE: IBP · Real-Time Price · USD
178.03
+1.04 (0.59%)
At close: Dec 20, 2024, 4:00 PM
169.13
-8.90 (-5.00%)
After-hours: Dec 20, 2024, 4:24 PM EST
IBP Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for IBP stock have an average target of 253.7, with a low estimate of 197 and a high estimate of 295. The average target predicts an increase of 42.50% from the current stock price of 178.03.
Analyst Consensus: Buy
* Price targets were last updated on Nov 22, 2024.
Analyst Ratings
The average analyst rating for IBP stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 13, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $236 → $241 | Hold | Maintains | $236 → $241 | +35.37% | Nov 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $275 → $260 | Strong Buy | Maintains | $275 → $260 | +46.04% | Nov 8, 2024 |
| RBC Capital | RBC Capital | Hold → Sell Downgrades $203 → $197 | Hold → Sell | Downgrades | $203 → $197 | +10.66% | Nov 8, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $271 → $272 | Buy | Maintains | $271 → $272 | +52.78% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
2.98B
from 2.78B
Increased by 7.25%
Revenue Next Year
3.10B
from 2.98B
Increased by 4.13%
EPS This Year
11.17
from 8.61
Increased by 29.77%
EPS Next Year
11.67
from 11.17
Increased by 4.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1B | 3.4B | 3.6B |
| Avg | 3.0B | 3.1B | 3.3B |
| Low | 2.9B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.6% | 12.8% | 16.6% |
| Avg | 7.2% | 4.1% | 6.9% |
| Low | 3.4% | -2.6% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.83 | 13.13 | 14.49 |
| Avg | 11.17 | 11.67 | 13.04 |
| Low | 10.63 | 10.53 | 11.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.4% | 17.5% | 24.1% |
| Avg | 29.8% | 4.5% | 11.7% |
| Low | 23.5% | -5.8% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.