Installed Building Products, Inc. (IBP)
NYSE: IBP · IEX Real-Time Price · USD
240.54
-3.11 (-1.28%)
At close: Jul 19, 2024, 4:00 PM
240.60
+0.06 (0.02%)
After-hours: Jul 20, 2024, 12:58 PM EDT
IBP Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for IBP stock have an average target of 245.22, with a low estimate of 168 and a high estimate of 282. The average target predicts an increase of 1.95% from the current stock price of 240.54.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IBP stock from 10 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 5 | 5 | 5 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $274 → $282 | Buy | Maintains | $274 → $282 | +17.24% | Jul 15, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $300 → $260 | Strong Buy | Maintains | $300 → $260 | +8.09% | Jul 10, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $250 → $270 | Strong Buy | Maintains | $250 → $270 | +12.25% | May 14, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $242 → $227 | Hold | Maintains | $242 → $227 | -5.63% | May 13, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $250 → $270 | Strong Buy | Maintains | $250 → $270 | +12.25% | May 10, 2024 |
Financial Forecast
Revenue This Year
3.05B
from 2.78B
Increased by 9.59%
Revenue Next Year
3.23B
from 3.05B
Increased by 6.04%
EPS This Year
11.74
from 8.61
Increased by 36.35%
EPS Next Year
12.65
from 11.74
Increased by 7.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 3.5B | 3.7B |
| Avg | 3.0B | 3.2B | 3.6B |
| Low | 2.9B | 3.0B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.9% | 15.2% | 15.8% |
| Avg | 9.6% | 6.0% | 11.4% |
| Low | 4.1% | -3.0% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.33 | 15.02 | 16.01 |
| Avg | 11.74 | 12.65 | 15.40 |
| Low | 10.40 | 11.22 | 14.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 54.9% | 27.9% | 26.5% |
| Avg | 36.4% | 7.8% | 21.7% |
| Low | 20.8% | -4.4% | 18.1% |
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.