Installed Building Products, Inc. (IBP) Forms $75.25 Double Top; Acuity Brands, Inc. (AYI) Had 12 Analysts Last Week

Installed Building Products, Inc. (IBP) formed double top with $79.77 target or 6.00% above today’s $75.25 share price. Installed Building Products, Inc. (IBP) has $2.40 billion valuation. The stock decreased 0.07% or $0.05 during the last trading session, reaching $75.25. About 276,706 shares traded or 57.40% up from the average. Installed Building Products, Inc. (NYSE:IBP) has risen 54.12% since January 7, 2017 and is uptrending. It has outperformed by 37.42% the S&P500.

Among 21 analysts covering Acuity Brands Inc. (NYSE:AYI), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. Acuity Brands Inc. had 53 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by CLSA on Tuesday, January 10. Roth Capital maintained the shares of AYI in report on Tuesday, June 27 with “Sell” rating. The firm has “Outperform” rating given on Thursday, April 7 by Oppenheimer. JMP Securities initiated it with “Mkt Underperform” rating and $200 target in Thursday, December 8 report. Roth Capital initiated Acuity Brands, Inc. (NYSE:AYI) rating on Thursday, August 25. Roth Capital has “Neutral” rating and $275 target. On Monday, November 23 the stock rating was maintained by Piper Jaffray with “Overweight”. Robert W. Baird downgraded the stock to “Neutral” rating in Tuesday, September 19 report. Stifel Nicolaus maintained it with “Buy” rating and $250 target in Monday, January 11 report. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by Williams Capital Group on Friday, September 30. On Wednesday, October 4 the stock rating was maintained by Cowen & Co with “Buy”. See Acuity Brands, Inc. (NYSE:AYI) latest ratings:

03/01/2018 Broker: William Blair Rating: Buy
13/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $178.0 Maintain
09/11/2017 Broker: Roth Capital Rating: Sell New Target: $130.0 Maintain
13/10/2017 Broker: KeyBanc Capital Markets Rating: Sector Weight Initiates Coverage On
04/10/2017 Broker: Cowen & Co Rating: Buy New Target: $219.0 Maintain
03/10/2017 Broker: JMP Securities Old Rating: Market Underperform New Rating: Market Perform Old Target: $183 Upgrade
22/09/2017 Broker: Cowen & Co Rating: Buy New Target: $222.0 Maintain
19/09/2017 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Downgrade
15/09/2017 Broker: Wells Fargo Rating: Hold Downgrade
05/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $212.0 Maintain

Analysts await Installed Building Products, Inc. (NYSE:IBP) to report earnings on February, 26. They expect $0.43 EPS, up 22.86% or $0.08 from last year’s $0.35 per share. IBP’s profit will be $13.70 million for 43.75 P/E if the $0.43 EPS becomes a reality. After $0.38 actual EPS reported by Installed Building Products, Inc. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Investors sentiment decreased to 1.49 in 2017 Q3. Its down 0.13, from 1.62 in 2017Q2. It is negative, as 8 investors sold Installed Building Products, Inc. shares while 45 reduced holdings. 23 funds opened positions while 56 raised stakes. 20.52 million shares or 0.36% less from 20.59 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage stated it has 10,759 shares or 0% of all its holdings. Budros Ruhlin & Roe Inc holds 0.09% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 4,545 shares. Tower Cap Lc (Trc) reported 2,989 shares or 0.02% of all its holdings. New York State Common Retirement Fund owns 24,200 shares. Moreover, New York State Teachers Retirement Sys has 0% invested in Installed Building Products, Inc. (NYSE:IBP). Pinebridge Invs Ltd Partnership invested 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP). Loomis Sayles And Limited Partnership invested 0.06% in Installed Building Products, Inc. (NYSE:IBP). Emerald Mutual Fund Advisers Tru, a Pennsylvania-based fund reported 574,212 shares. Thrivent Financial For Lutherans holds 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 12,750 shares. Shaker Invs Ltd Llc Oh holds 1.09% in Installed Building Products, Inc. (NYSE:IBP) or 24,100 shares. Moreover, Nationwide Fund Advsrs has 0% invested in Installed Building Products, Inc. (NYSE:IBP) for 12,011 shares. Raymond James Fincl Advisors Inc owns 4,800 shares for 0% of their portfolio. Los Angeles Capital Management Equity Research invested in 5,850 shares or 0% of the stock. Rhumbline Advisers accumulated 41,356 shares. Icon Advisers holds 0.07% or 15,700 shares in its portfolio.

Among 11 analysts covering Installed Building Products (NYSE:IBP), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Installed Building Products had 27 analyst reports since July 30, 2015 according to SRatingsIntel. Wood maintained Installed Building Products, Inc. (NYSE:IBP) on Thursday, September 17 with “Overweight” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, July 24. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 31. The stock of Installed Building Products, Inc. (NYSE:IBP) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. RBC Capital Markets maintained Installed Building Products, Inc. (NYSE:IBP) on Monday, June 19 with “Buy” rating. RBC Capital Markets maintained Installed Building Products, Inc. (NYSE:IBP) rating on Monday, May 8. RBC Capital Markets has “Outperform” rating and $61 target. On Friday, August 12 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of Installed Building Products, Inc. (NYSE:IBP) has “Buy” rating given on Thursday, March 17 by SunTrust. On Tuesday, December 12 the stock rating was initiated by Jefferies with “Hold”. The stock of Installed Building Products, Inc. (NYSE:IBP) has “Buy” rating given on Monday, September 11 by RBC Capital Markets.

Since August 4, 2017, it had 0 insider purchases, and 12 insider sales for $13.19 million activity. $3.25M worth of Installed Building Products, Inc. (NYSE:IBP) was sold by NIXON J MICHAEL on Thursday, September 28. On Friday, September 22 the insider Miller Michael Thomas sold $680,640. $161,521 worth of stock was sold by Elliott Jay P. on Monday, October 2. On Tuesday, August 8 Carter Margot Lebenberg sold $102,162 worth of Installed Building Products, Inc. (NYSE:IBP) or 1,717 shares.

The stock increased 2.64% or $4.76 during the last trading session, reaching $185.36. About 1.04M shares traded or 83.75% up from the average. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since January 7, 2017 and is downtrending. It has underperformed by 47.88% the S&P500.

Acuity Brands, Inc. designs, produces, and distributes various lighting solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company has market cap of $7.74 billion. The firm offers lighting and controls products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, daylighting, special-us, street and roadway, parking garage, and underwater lighting; area pedestrian, flood, and decorative site lighting; landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems. It has a 24.95 P/E ratio. It also provides modular wiring products, light emitting diode drivers, glass products, and inverters; and services across applications that primarily relate to monitoring and controlling lighting systems through network technologies and the commissioning of control systems.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.01, from 0.85 in 2017Q2. It dived, as 40 investors sold Acuity Brands, Inc. shares while 132 reduced holdings. 38 funds opened positions while 106 raised stakes. 41.52 million shares or 6.20% less from 44.26 million shares in 2017Q2 were reported. Grp reported 13,276 shares. Envestnet Asset Mgmt accumulated 0.01% or 15,844 shares. Bessemer Gp owns 6 shares for 0% of their portfolio. Kornitzer Capital Management Ks holds 0.38% in Acuity Brands, Inc. (NYSE:AYI) or 127,338 shares. Cim Investment Mangement has invested 0.37% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Commonwealth Bancorp Of stated it has 562 shares. Nationwide Fund Advsrs reported 85,881 shares stake. 410,325 were accumulated by Impax Asset Management Ltd. The Pennsylvania-based Brinker Cap has invested 0.06% in Acuity Brands, Inc. (NYSE:AYI). Hightower Advisors Ltd Liability has invested 0.01% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). The Texas-based Texas Permanent School Fund has invested 0.03% in Acuity Brands, Inc. (NYSE:AYI). Thornburg Mgmt holds 84,028 shares. Price T Rowe Assoc Inc Md holds 0.21% or 7.03M shares in its portfolio. Alliancebernstein L P invested in 0.01% or 73,704 shares. Utah Retirement Sys stated it has 0.03% in Acuity Brands, Inc. (NYSE:AYI).