Installed Building Expands With Insulation Supplies Buyout

Group 1: Acquisition and Revenue - Installed Building Products, Inc. (IBP) acquired Wholesale Insulation Supply, Inc., generating over $22 million in annual revenues and specializing in insulation distribution [1] - In 2024, IBP has acquired approximately $73 million of annual revenues, indicating a strong focus on expansion through acquisitions [2] Group 2: Stock Performance - IBP's shares have gained 96.3% over the past year, outperforming the Zacks Building Products – Miscellaneous industry's growth of 50.6% [2] Group 3: Capital Allocation Strategies - The company emphasizes strategic capital allocation initiatives to drive profitability and growth, focusing on market and product enhancement opportunities while maintaining shareholder value [3] - IBP's capital allocation strategy includes inorganic growth initiatives and returns to shareholders, supported by increased same-branch sales in residential new construction markets [4] Group 4: Zacks Rank and Comparisons - IBP currently holds a Zacks Rank 4 (Sell), while other companies in the construction sector, such as Latham Group, Inc. and Knife River Corporation, have better rankings [5]