Professional
Added to YB: 2024-05-10
Pitch date: 2024-03-31
IBP [bullish]
Installed Building Products, Inc.
+6.52%
current return
Author Info
No bio for this author
Company Info
Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation for residential and commercial builders in the United States.
Market Cap
$4.8B
Pitch Price
$255.79
Price Target
N/A
Dividend
1.84%
EV/EBITDA
10.14
P/E
19.04
EV/Sales
1.85
Sector
Household Durables
Category
growth
Baron Small Cap Fund Portfolio Holding: Installed Building Products, Inc.
IBP: Leading US insulation installer, 60% residential. Shares up on improving housing market. Growth from multi-family, commercial, remodeling + strategic initiatives. Pricing gains, margins expanding. Tuck-in M&A a key growth driver with strong track record. Well positioned for upside.
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