Published on 22 Apr 2024 on Zacks via Yahoo Finance
Installed Building Products, Inc. (IBP) Is a Trending Stock: Facts to Know Before Betting on It
Installed Building Products (IBP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this residential insulation installer have returned -14.2%, compared to the Zacks S&P 500 composite's -4% change. During this period, the Zacks Building Products - Miscellaneous industry, which Installed Building Products falls in, has lost 7.2%. The key question now is: What could be the stock's future direction?