By Mill Chart
Last update: May 6, 2024
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.
As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.
We assign a fundamental rating of 6 out of 10 to IBP. IBP was compared to 67 industry peers in the Household Durables industry. While IBP has a great profitability rating, there are some minor concerns on its financial health. IBP is quite expensive at the moment. It does show a decent growth rate.
For an up to date full fundamental analysis you can check the fundamental report of IBP
Our Caviar Cruise screen will find you more ideas suited for quality investing.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
INSTALLED BUILDING PRODUCTS
NYSE:IBP (5/17/2024, 7:05:13 PM)
After market: 211.83 0 (0%)211.83
-5.14 (-2.37%)
Big earnings winners and losers continued.
IBP stock results show that Installed Building Prods beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
Is INSTALLED BUILDING PRODUCTS (NYSE:IBP) a Strong Candidate for Quality Investing?
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