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Installed Building Products, Inc. (IBP) Reaches $78.18 52-Week High; Nexeo Solutions (NXEO) Shorts Down By 0.55%

Nexeo Solutions Incorporated (NASDAQ:NXEO) had a decrease of 0.55% in short interest. NXEO’s SI was 1.35 million shares in December as released by FINRA. Its down 0.55% from 1.35M shares previously. With 83,100 avg volume, 16 days are for Nexeo Solutions Incorporated (NASDAQ:NXEO)’s short sellers to cover NXEO’s short positions. The SI to Nexeo Solutions Incorporated’s float is 3.17%. The stock increased 1.66% or $0.13 during the last trading session, reaching $7.96. About 17,320 shares traded. Nexeo Solutions, Inc. (NASDAQ:NXEO) has 0.00% since December 4, 2016 and is . It has underperformed by 16.70% the S&P500.

The stock of Installed Building Products, Inc. (NYSE:IBP) hit a new 52-week high and has $81.30 target or 4.00% above today’s $78.18 share price. The 7 months bullish chart indicates low risk for the $2.49B company. The 1-year high was reported on Dec, 4 by Barchart.com. If the $81.30 price target is reached, the company will be worth $99.64 million more. The stock increased 2.12% or $1.625 during the last trading session, reaching $78.175. About 49,888 shares traded. Installed Building Products, Inc. (NYSE:IBP) has risen 54.12% since December 4, 2016 and is uptrending. It has outperformed by 37.42% the S&P500.

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products in the continental United States. The company has market cap of $2.49 billion. It offers a range of insulation materials, such as fiberglass insulation, spray foam insulation, and cellulose insulation materials. It has a 60.04 P/E ratio. The firm is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical.

Since June 14, 2017, it had 0 insider purchases, and 1 sale for $31.50 million activity. Edwards Jeffrey W. sold $31.50 million worth of Installed Building Products, Inc. (NYSE:IBP) on Wednesday, June 14.

Among 9 analysts covering Installed Building Products (NYSE:IBP), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Installed Building Products has $75.0 highest and $26 lowest target. $56.14’s average target is -28.19% below currents $78.175 stock price. Installed Building Products had 25 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Friday, November 3. The company was maintained on Monday, May 8 by RBC Capital Markets. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, October 31 report. The stock has “Buy” rating by Seaport Global Securities on Tuesday, November 22. RBC Capital Markets maintained the shares of IBP in report on Monday, November 6 with “Buy” rating. The firm has “Outperform” rating given on Wednesday, November 16 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, March 17 by SunTrust. On Tuesday, April 5 the stock rating was downgraded by Zelman to “Hold”. The stock has “Buy” rating by Deutsche Bank on Monday, August 21. The firm has “Buy” rating given on Friday, August 12 by Deutsche Bank.

Analysts await Installed Building Products, Inc. (NYSE:IBP) to report earnings on February, 26. They expect $0.41 EPS, up 17.14% or $0.06 from last year’s $0.35 per share. IBP’s profit will be $13.06 million for 47.67 P/E if the $0.41 EPS becomes a reality. After $0.38 actual EPS reported by Installed Building Products, Inc. for the previous quarter, Wall Street now forecasts 7.89% EPS growth.

Investors sentiment increased to 1.62 in 2017 Q2. Its up 0.22, from 1.4 in 2017Q1. It is positive, as 17 investors sold Installed Building Products, Inc. shares while 35 reduced holdings. 30 funds opened positions while 54 raised stakes. 20.59 million shares or 3.05% more from 19.98 million shares in 2017Q1 were reported. Stifel Finance Corporation reported 0.04% in Installed Building Products, Inc. (NYSE:IBP). Point72 Asia (Hong Kong) Ltd invested in 0% or 15 shares. 3,320 were accumulated by Victory Cap Management. Louisiana State Employees Retirement System holds 0.02% or 8,200 shares in its portfolio. The Kansas-based Waddell And Reed Fincl has invested 0.08% in Installed Building Products, Inc. (NYSE:IBP). Corsair Cap Mgmt L P has invested 1.75% in Installed Building Products, Inc. (NYSE:IBP). Texas Permanent School Fund holds 0.01% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 14,653 shares. Dimensional Fund Limited Partnership holds 0.02% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 809,581 shares. Wellington Management Grp Limited Liability Partnership reported 94,006 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP). Riverhead Cap Management Lc holds 865 shares or 0% of its portfolio. Shaker Investments Ltd Llc Oh has invested 0.96% in Installed Building Products, Inc. (NYSE:IBP). Budros Ruhlin & Roe has invested 0.08% in Installed Building Products, Inc. (NYSE:IBP). Schwab Charles Invest holds 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 92,446 shares. Fifth Third Retail Bank reported 136 shares.

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