|Bid||122.28 x 900|
|Ask||128.78 x 800|
|Day's range||121.88 - 126.20|
|52-week range||74.69 - 158.18|
|Beta (5Y monthly)||1.81|
|PE ratio (TTM)||14.53|
|Earnings date||01 Nov 2023 - 06 Nov 2023|
|Forward dividend & yield||1.32 (1.06%)|
|Ex-dividend date||14 Sept 2023|
|1y target est||166.00|
COLUMBUS, Ohio, September 28, 2023--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.
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Installed Building Products (IBP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.