Installed Building Products downgraded by Seaport Research Partners
$IBP
Homebuilding
Consumer Discretionary
Seaport Research Partners downgraded Installed Building Products from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/16/2024 | $238.00 → $206.00 | Outperform → Underperform | Evercore ISI |
| 12/13/2024 | Buy → Neutral | Seaport Research Partners | |
| 11/8/2024 | $203.00 → $197.00 | Sector Perform → Underperform | RBC Capital Mkts |
| 3/5/2024 | $275.00 | Buy | DA Davidson |
| 2/28/2024 | $199.00 → $242.00 | Overweight → Neutral | JP Morgan |
| 1/8/2024 | Hold → Buy | Loop Capital | |
| 1/4/2024 | $160.00 → $200.00 | Buy → Hold | Truist |
| 12/14/2023 | $165.00 → $199.00 | Neutral → Overweight | JP Morgan |
4 - Installed Building Products, Inc. (0001580905) (Issuer)
4 - Installed Building Products, Inc. (0001580905) (Issuer)
4 - Installed Building Products, Inc. (0001580905) (Issuer)
Evercore ISI downgraded Installed Building Products from Outperform to Underperform and set a new price target of $206.00 from $238.00 previously
Seaport Research Partners downgraded Installed Building Products from Buy to Neutral
RBC Capital Mkts downgraded Installed Building Products from Sector Perform to Underperform and set a new price target of $197.00 from $203.00 previously
SC 13G/A - Installed Building Products, Inc. (0001580905) (Subject)
SC 13G/A - Installed Building Products, Inc. (0001580905) (Subject)
SC 13G/A - Installed Building Products, Inc. (0001580905) (Subject)
Installed Building Products, Inc. (the "Company" or "IBP") (NYSE:IBP), an industry-leading installer of insulation and complimentary building products, today announced that Jay P. Elliott has notified the Company of his decision to retire as Chief Operating Officer, effective December 31, 2023. Following his retirement, Mr. Elliott is expected to serve in an advisory role to the Company on business strategy and development. The Board of Directors of the Company has named Brad A. Wheeler, currently serving as Regional President of the Company, to replace Mr. Elliott as Chief Operating Officer, effective January 1, 2024, to provide sufficient time for transition of Mr. Elliott's responsibil
Installed Building Products, Inc. (the "Company" or "IBP") (NYSE:IBP), an industry-leading installer of insulation and complementary building products, today announced that Robert H. Schottenstein has been appointed as an independent director to the Company's Board of Directors. Mr. Schottenstein previously served on the Board from April 2014 to March 2020. With this appointment, the Board now has nine members. "I am extremely pleased to welcome Bob back to our Board," stated Jeff Edwards, Chairman and Chief Executive Officer of IBP. "Bob brings a wealth of residential construction and corporate management experience at one of the leading publicly traded homebuilders, as well as a strong u
8-K - Installed Building Products, Inc. (0001580905) (Filer)
10-K - Installed Building Products, Inc. (0001580905) (Filer)
8-K - Installed Building Products, Inc. (0001580905) (Filer)
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 markets combined with sales from IBP's recent acquisitions Other revenue, net of eliminations, which includes IBP's manufacturing and distribution operations, increased to $55.2 million from $50.9 million Net income incre
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 section of the Company's website at www.installedbuildingproducts.com. To listen to a live webcast, go to the site at least 15 minutes prior to the scheduled start time to register, download and install any necessary audio software.
Acquisition Adds Over $12 Million of Annual Revenue 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 installs fiberglass and spray foam insulation. "Capital adds over $12 million of annual revenue to our business, contributing to our existing presence in the greater Houston building prod
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 markets combined with sales from IBP's recent acquisitions Other revenue, net of eliminations, which includes IBP's manufacturing and distribution operations, increased to $55.2 million from $50.9 million Net income incre
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 section of the Company's website at www.installedbuildingproducts.com. To listen to a live webcast, go to the site at least 15 minutes prior to the scheduled start time to register, download and install any necessary audio software.
Acquisition Adds Over $12 Million of Annual Revenue 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 installs fiberglass and spray foam insulation. "Capital adds over $12 million of annual revenue to our business, contributing to our existing presence in the greater Houston building prod