By Mill Chart
Last update: Nov 21, 2023
In this article we will dive into INSTALLED BUILDING PRODUCTS (NYSE:IBP) as a possible candidate for quality investing. Investors should always do their own research, but we noticed INSTALLED BUILDING PRODUCTS showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
Overall IBP gets a fundamental rating of 7 out of 10. We evaluated IBP against 67 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making IBP a very profitable company, without any liquidiy or solvency issues. IBP has a correct valuation and a medium growth rate. These ratings could make IBP a good candidate for quality investing.
Check the latest full fundamental report of IBP for a complete fundamental analysis.
More quality stocks can be found in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
INSTALLED BUILDING PRODUCTS
NYSE:IBP (4/26/2024, 7:04:00 PM)
After market: 239.66 0 (0%)239.66
+4.44 (+1.89%)
Homebuilder stocks face sharp declines as the SPDR Homebuilders ETF (NYSE:XHB) drops 1.8% in Tuesday’s session, hitting its lowest level since Feb. 26, 2024, amid negative economic data. From the start of the month, this performance gauge has fallen approximately 10%, marking the first market correction since September 2023 after a significant 60% rally in the six months leading up to late March. Tuesday’s worst performers among U.S. homebuilder stocks were Installed Building Products, Inc. (NYS
INSTALLED BUILDING PRODUCTS (NYSE:IBP) Exhibits Quality Stock Traits. Here's Why.
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Installed Building Products (IBP) reported record Q4 earnings, with non-GAAP EPS of $2.72, beating expectations by $0.31.