Installed Building Products Inc (NYSE: IBP) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Installed Building Products Inc (NYSE: IBP) suffers from minimal negative changes in fundamentals: the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, IBP is expected to continue to be a major Value Builder.
Installed Building Products has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Installed Building Products has a neutral Appreciation Score of 55 and a neutral Power Rating of 46, triggering the Neutral Value Trend Rating.
Recent Price Action
Installed Building Products Inc (NYSE: IBP) stock closed at $210.26 on 11/8/24 after a decline of -3.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 207% of normal. The stock has declined -3.1% during the last week and has performed in line with the market over the last nine months.
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