With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. The 52-week range on IBP shows that it touched its highest point at $278.21 and its lowest point at $151.27 during that stretch. It currently has a 1-year price target of $193.64. With its current market cap of 4.53 billion, IBP has annualized dividend of $3.12 while the current yield stands at 1.90%. Beta for the stock currently stands at 1.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IBP was down-trending over the past week, with a drop of -0.96%, but this was down by -0.33% over a month. Three-month performance dropped to -13.51% while six-month performance fell -23.49%. The stock lost -31.92% in the past year, while it has lost -5.33% so far this year. A look at the trailing 12-month EPS for IBP yields 9.11 with Next year EPS estimates of 11.36. For the next quarter, that number is 2.19. This implies an EPS growth rate of -6.31% for this year and 9.77% for next year. EPS is expected to grow by 4.53% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 31.88%.
Float and Shares Shorts:
At present, 27.76 million IBP shares are outstanding with a float of 23.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IBP since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.20259 being high and $10.95409 being low. For IBP, this leads to a yearly average estimate of $11.06343.
