Installed Building Products traded at $224.73 this Wednesday June 24th, increasing $14.05 or 6.67 percent since the previous trading session. Looking back, over the last four weeks, Installed Building Products gained 3.50 percent. Over the last 12 months, its price rose by 27.51 percent. Looking ahead, we forecast Installed Building Products to be priced at 213.75 by the end of this quarter and at 200.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Installed Building Products, Inc. is engaged in the business of offering building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company offers a range of insulation materials, including fiberglass and cellulose insulation, spray foam insulation, insulation installation applications, basement and crawl space and acoustical. The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects from its national network of over 190 branch locations.