<div id="readability-page-1"><p><span>Installed Building Products (NYSE:IBP - Get Free Report)</span> had its price objective decreased by analysts at JPMorgan Chase &amp; Co.  from $284.00 to $195.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an &#34;underweight&#34; rating on the construction company's stock. JPMorgan Chase &amp; Co.'s target price indicates a potential downside of 2.70% from the stock's current price.</p><ul><li>Top 3 Homebuilder Stocks to Watch as Rates Drop</li></ul><p>Other analysts also recently issued research reports about the stock. The Goldman Sachs Group decreased their price objective on shares of Installed Building Products from $331.00 to $285.00 and set a &#34;buy&#34; rating for the company in a report on Friday, May 8th. DA Davidson decreased their price objective on shares of Installed Building Products from $270.00 to $242.00 and set a &#34;neutral&#34; rating for the company in a report on Monday. Benchmark downgraded shares of Installed Building Products from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Wednesday, February 11th. Truist Financial decreased their price objective on shares of Installed Building Products from $250.00 to $200.00 and set a &#34;hold&#34; rating for the company in a report on Friday. Finally, Evercore  set a $226.00 price objective on shares of Installed Building Products in a report on Friday. One analyst  has rated the stock with a Buy rating, thirteen have issued  a Hold rating and one  has given a Sell rating to the stock. According to MarketBeat, the company  has an average rating of &#34;Hold&#34; and a consensus target price of $247.67.</p><p><b>Check Out Our Latest Analysis on IBP</b></p><h2>Installed Building Products Stock Down 1.1%</h2><ul><li>3 Midcap Building Industry Stocks Constructing Good Price Action</li></ul><p>Shares of IBP traded down $2.24 during trading hours on Wednesday, reaching $200.42. 178,142 shares of the stock traded hands, compared to its average volume of 370,813. The company has a current ratio of 3.35, a quick ratio of 2.76 and a debt-to-equity ratio of 1.56. The stock has a fifty day simple moving average of $280.73 and a 200 day simple moving average of $282.05. Installed Building Products has a 52 week low of $150.83 and a 52 week high of $349.00. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 2.85 and a beta of 1.84. </p><p>Installed Building Products (NYSE:IBP - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The construction company reported $1.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.96 by ($0.17). Installed Building Products had a return on equity of 42.28% and a net margin of 8.65%.The company had revenue of $660.50 million for the quarter, compared to analysts' expectations of $668.92 million. During the same quarter last year, the business posted $2.08 EPS. The business's quarterly revenue was down 3.5% on a year-over-year basis.  On average, equities analysts forecast that  Installed Building Products will post 10.81 EPS for the current year. </p><h2>Insider Activity</h2><p>In other news, Director Lawrence A. Hilsheimer purchased 475 shares of the firm's stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of $206.22 per share, with a total value of $97,954.50. Following the completion of the acquisition, the director owned 28,468 shares in the company, valued at $5,870,670.96. This trade represents a 1.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Brad A. Wheeler acquired 716 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of $209.13 per share, for a total transaction of $149,737.08. Following the transaction, the chief operating officer directly owned 14,988 shares of the company's stock, valued at $3,134,440.44. This represents a 5.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 4,046 shares of company stock worth $844,194. Company insiders own  13.80% of the company's stock. </p><h2>Institutional Trading of Installed Building Products</h2><p>A number of large investors have recently modified their holdings of the business. Danske Bank A S bought a new position in shares of  Installed Building Products in the third quarter worth approximately $25,000.  NewEdge Advisors LLC raised its stake in  Installed Building Products by 5,000.0% in the third quarter. NewEdge Advisors LLC now owns 102 shares of the construction company's stock valued at $25,000 after purchasing an additional 100 shares in the last quarter.  Meeder Asset Management Inc. purchased a new stake in  Installed Building Products in the first quarter valued at approximately $30,000.  Aster Capital Management DIFC Ltd purchased a new stake in  Installed Building Products in the third quarter valued at approximately $33,000.  Finally, Northwestern Mutual Wealth Management Co. raised its stake in  Installed Building Products by 700.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 152 shares of the construction company's stock valued at $37,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own  99.61% of the company's stock. </p><h2>Key Headlines Impacting Installed Building Products</h2><p>Here are the key news stories impacting Installed Building Products this week:</p><ul>   <li><span>Positive Sentiment: </span>Multiple insiders bought IBP shares on May 11, including CFO Michael Thomas Miller, COO Brad A. Wheeler, insider Jason R. Niswonger, and Director Lawrence A. Hilsheimer. Heavy insider buying can suggest management believes the stock is undervalued. <i></i><span>SEC filing</span></li>   <li><span>Positive Sentiment: </span>DA Davidson set a new $242 price target for Installed Building Products, which still implies upside from recent trading levels even after a more cautious outlook. <i></i><span>Article</span></li>   <li><span>Neutral Sentiment: </span>The company also declared a quarterly dividend of $0.39 per share, reinforcing its shareholder-return profile, though the yield is modest at about 0.8%. <i></i><span>Article</span></li>   <li><span>Neutral Sentiment: </span>Recent commentary describes IBP as a stable but challenged housing/construction name, with mixed signals around demand and cost trends. <i></i><span>Article</span></li>   <li><span>Negative Sentiment: </span>IBP’s latest earnings report missed expectations on both EPS and revenue, and analysts have responded with target cuts and more neutral ratings, which is likely weighing on the stock. <i></i><span>Article</span></li> </ul><h2>About Installed Building Products</h2> (Get Free Report)<p>Installed Building Products, Inc <span>NYSE: IBP<span></span></span> is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.  </p><p>Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Installed Building Products</li><li>Reading the Stripes: Is The Industrial Recession Over?</li><li>Micron Investors Face a High-Stakes Moment After the Latest Rally</li><li>How Bad Could Tesla’s Cybertruck Recall Be for Shares?</li><li>Dream Finders Homes’ Hostile Bid Creates a Dual Squeeze Play</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlCUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Installed Building Products Right Now?</h2><p>Before you consider Installed Building Products, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Installed Building Products wasn't on the list.</p><p>While Installed Building Products currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>JPMorgan Chase & Co. has lowered its price target for Installed Building Products (NYSE:IBP) from $284.00 to $195.00, assigning an "underweight" rating. This indicates a potential downside of 2.70% from the current stock price. Other analysts have also adjusted their ratings, with Goldman Sachs setting a target of $285.00 and DA Davidson at $242.00. The stock recently traded down 1.1% to $200.42, with a market cap of $5.40 billion and a P/E ratio of 21.34. The company reported a quarterly EPS of $1.79, missing estimates.</p>

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Installed Building Products

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Truist Financial

Evercore

Danske Bank

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMorgan Chase & Co. Issues Pessimistic Forecast for Installed Building Products (NYSE:IBP) Stock Price