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Installed Building Products ( (IBP) ) has provided an update.
Installed Building Products held its Annual Meeting where 27,610,885 shares of common stock were entitled to vote. During the meeting, directors Jeffrey W. Edwards, Lawrence H. Hilsheimer, and Janet E. Jackson were elected for terms expiring in 2028. Additionally, Deloitte & Touche LLP was ratified as the independent public accounting firm for the fiscal year ending December 31, 2025, and the compensation of the company’s named executive officers was approved.
The most recent analyst rating on (IBP) stock is a Hold with a $236.00 price target. To see the full list of analyst forecasts on Installed Building Products stock, see the IBP Stock Forecast page.
Spark’s Take on IBP Stock
According to Spark, TipRanks’ AI Analyst, IBP is a Outperform.
Installed Building Products scores moderately well due to strong financial performance and strategic growth initiatives. However, technical indicators and sales challenges present caution. The company’s valuation remains fair, with positive shareholder returns through dividends.
To see Spark’s full report on IBP stock, click here.
More about Installed Building Products
Average Trading Volume: 432,452
Technical Sentiment Signal: Hold
Current Market Cap: $4.46B
Learn more about IBP stock on TipRanks’ Stock Analysis page.
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