
IBP Stock Forecast & Price Target
IBP Analyst Ratings
Bulls say
Installed Building Products Inc. (IBP) reported a total revenue of $750 million for the quarter, reflecting a 4% year-over-year increase, with core installation revenue also rising by 4%. The company's strategy to capture market share in the multifamily sector is projected to support its performance despite challenges, as indicated by a slight contraction in margins amid growth across all end markets. Furthermore, the residential installation segment demonstrated resilience, with sales increasing by 1.8% year-over-year on a same-branch basis and 4.5% in total, supported by price/mix growth of 1.2%, reinforcing a positive outlook for the company's financial trajectory.
Bears say
Installed Building Products Inc. has experienced a decline in gross margin by 50 basis points, despite benefiting from positive pricing trends, indicating potential underlying issues in cost management or sales efficiency. Recent data reveals a notable slowdown in insulation price growth, alongside a forecasted deterioration in multi-family housing demand, which could adversely affect the company's primary revenue stream from the Installation segment. Additionally, concerns about weakening trends in the commercial sector, particularly in office markets, combined with an anticipated headwind from price mix changes in early 2025, further contribute to a negative outlook for the company's stock performance.
This aggregate rating is based on analysts' research of Installed Building Products and is not a guaranteed prediction by Public.com or investment advice.
IBP Analyst Forecast & Price Prediction
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