Is Installed Building Products (IBP) Stock Outpacing Its Construction Peers This Year?

Group 1 - Installed Building Products (IBP) is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating strong potential for outperforming the market in the near term [3] - The Zacks Consensus Estimate for IBP's full-year earnings has increased by 9.6% over the past quarter, reflecting improved analyst sentiment and a more positive earnings outlook [4] - IBP has achieved a year-to-date return of 51.8%, significantly outperforming the average gain of 4.7% in the Construction sector [4] Group 2 - Installed Building Products is part of the Building Products - Miscellaneous industry, which includes 33 stocks and currently ranks 97 in the Zacks Industry Rank [6] - Stocks in the Building Products - Miscellaneous industry have, on average, lost 2.8% this year, further highlighting IBP's strong performance relative to its peers [6] - Advanced Drainage Systems (WMS), another stock in the Construction sector, has a year-to-date return of 32.1% and a Zacks Rank of 2 (Buy), indicating solid performance as well [5]