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Installing gutters is a job that can go slower when it's really cold outside but Thursday, you didn't even have to wear a coat
by: Dave Sess
CANFIELD, Ohio (WKBN) A normal late December day can be hard on the hands and body for someone who works outside and even on the equipment they use. Getting a 60-degree day right after Christmas is a wonderful boost for some businesses.
On Thursday, Kirk Ruse was installing gutters for Boak and Sons on a new home in Canfield Township. He wasnt even wearing a coat while cutting the gutters and preparing them to be hung.
Its a job that can go slower when its really cold outside but with the current weather forecast, it was getting done much quicker, enhancing productivity.
Probably 90% more, Ruse said. With the warm weather, and the cold metal and everything, you just get a lot more done because with your hands getting cold, and touching the metal and everything. Anything under 18 degrees, if its not clear blue skies and sunny, its kind of rough on you.
The warm streak of weather is helping Ruse get back on schedule after rain and cold temperatures earlier this month cut into his productivity.
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Warm weather increases productivity for outdoor workers - WKBN.com
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Equities analysts expect Installed Building Products Inc (NYSE:IBP) to announce earnings per share (EPS) of $0.87 for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Installed Building Products earnings, with the lowest EPS estimate coming in at $0.83 and the highest estimate coming in at $0.88. Installed Building Products reported earnings of $0.72 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 20.8%. The firm is scheduled to issue its next earnings report on Thursday, February 27th.
According to Zacks, analysts expect that Installed Building Products will report full-year earnings of $3.23 per share for the current financial year, with EPS estimates ranging from $3.21 to $3.25. For the next year, analysts expect that the business will post earnings of $3.70 per share, with EPS estimates ranging from $3.58 to $3.91. Zacks Investment Researchs EPS calculations are a mean average based on a survey of research analysts that cover Installed Building Products.
Installed Building Products (NYSE:IBP) last issued its earnings results on Friday, November 1st. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.13. The business had revenue of $396.40 million during the quarter, compared to analysts expectations of $385.46 million. Installed Building Products had a net margin of 4.47% and a return on equity of 45.94%. The businesss revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 earnings per share.
A number of equities analysts recently weighed in on the stock. BTIG Research initiated coverage on shares of Installed Building Products in a report on Thursday, December 12th. They issued a buy rating and a $85.00 price objective for the company. Deutsche Bank initiated coverage on Installed Building Products in a research note on Wednesday, November 27th. They set a buy rating and a $82.00 target price on the stock. Royal Bank of Canada raised Installed Building Products from a sector perform rating to an outperform rating and lifted their target price for the stock from $73.00 to $80.00 in a report on Tuesday, December 17th. SunTrust Banks boosted their price target on Installed Building Products to $71.00 and gave the stock a hold rating in a research note on Monday, November 4th. Finally, ValuEngine raised Installed Building Products from a sell rating to a hold rating in a report on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the companys stock. Installed Building Products has an average rating of Buy and an average target price of $65.57.
Shares of NYSE:IBP traded up $0.09 during trading on Friday, reaching $68.87. 111,886 shares of the stock traded hands, compared to its average volume of 215,963. The stock has a market cap of $2.06 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 1.40 and a beta of 1.16. The company has a debt-to-equity ratio of 2.52, a quick ratio of 2.39 and a current ratio of 2.69. The stock has a 50-day moving average of $70.70 and a two-hundred day moving average of $61.28. Installed Building Products has a 52-week low of $32.75 and a 52-week high of $76.60.
In other news, Director Vikas Verma sold 10,000 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $66.00, for a total transaction of $660,000.00. Following the transaction, the director now directly owns 91,935 shares of the companys stock, valued at approximately $6,067,710. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jay P. Elliott sold 20,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.83, for a total value of $1,416,600.00. Following the transaction, the chief operating officer now directly owns 23,529 shares in the company, valued at $1,666,559.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,000 shares of company stock worth $3,366,600. 25.20% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comerica Bank lifted its holdings in shares of Installed Building Products by 0.8% during the 3rd quarter. Comerica Bank now owns 20,298 shares of the construction companys stock valued at $1,305,000 after buying an additional 156 shares during the period. Mason Street Advisors LLC lifted its holdings in shares of Installed Building Products by 3.2% during the 3rd quarter. Mason Street Advisors LLC now owns 7,237 shares of the construction companys stock valued at $415,000 after buying an additional 224 shares during the period. Texas Permanent School Fund lifted its holdings in shares of Installed Building Products by 1.7% during the 3rd quarter. Texas Permanent School Fund now owns 14,506 shares of the construction companys stock valued at $832,000 after buying an additional 248 shares during the period. Prudential Financial Inc. lifted its holdings in shares of Installed Building Products by 0.8% during the 2nd quarter. Prudential Financial Inc. now owns 34,174 shares of the construction companys stock valued at $2,024,000 after buying an additional 288 shares during the period. Finally, California State Teachers Retirement System lifted its holdings in shares of Installed Building Products by 1.0% during the 3rd quarter. California State Teachers Retirement System now owns 35,223 shares of the construction companys stock valued at $2,020,000 after buying an additional 347 shares during the period. 68.27% of the stock is currently owned by hedge funds and other institutional investors.
Installed Building Products Company Profile
Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.
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Zacks: Analysts Expect Installed Building Products Inc (NYSE:IBP) Will Post Earnings of $0.87 Per Share - Riverton Roll
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By Steve Gravelle, correspondent
It may be the early days of winter, but Tom Cannon knows what to expect come spring.
This year, the ground is saturated, Cannon said. Itll freeze, and itll stay there until the spring. Then we get the spring rains, and the grounds already saturated so then it puts more pressure on basements.
And that leads to business for Tomlinson Cannon, whose services prevent or correct structural damage due to too much water.
Cannon, 73, was a homebuilder in 1985 when he bought the company from Claude Tomlinson, whod started his gutter installation and repair business with his father in 1948.
He did my gutters, and he was getting pretty old, Cannon said. I thought, Hes probably going to retire one of these days, and that seamless gutter looks pretty neat.
Cannon didnt expect what started as a sideline to become his core business.
We had one crew that was just doing the gutters, and I thought it would be just part time, he said.
It ended up being very busy. Theres a lot of gutters out there. So I retired from building construction and just did that full time.
Tomlinson Cannon today has 30 employees. Cannon added an affiliate company, AeroSaw, in 1993.
I tend to be a risk-taker, and maybe a little naive back then, he said. I bought a concrete-cutting company. Didnt know anything about it, so we made all kinds of mistakes.
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Through the years weve learned how to do it, so its a viable company now.
As he became familiar with the gutter business, branching out came more or less naturally.
There are a lot of problems that are caused if you dont maintain your gutters, Cannon said. We had customers asking us for referrals to places that would fix wet basements. So we just decided to do these things. We do the gutters, the mud-jacking, basement waterproofing.
Mud-jacking is prescribed when a concrete patio, sidewalk or driveway subsides because of settling in the ground beneath.
We drill a series of holes and we pump a concrete solution into the void, Cannon said. When the void fills up, it has to go someplace. It raises the concrete up.
Cannon said basement waterproofing usually comes down to two basic techniques. A polyurethane sealant injected into vertical cracks repairs existing damage, followed by installation of a complete drainage system to prevent future problems.
For functioning drainage, a crew removes concrete around the perimeter of a basement and digs about a foot deep along the outside. The trench is filled with gravel and perforated plastic pipe similar to agricultural drainage tile.
We incorporate that with a sump pump, Cannon said. We repour the concrete, and then when the water goes under the footing or through the crack in the wall it goes into that tile and the tile directs it to the sump pump.
Most newer homes are built with this system, Cannon said.
Theres other methods of waterproofing, he said. Weve done this method since the 90s, and it is by far the best way to waterproof a basement.
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About 90 percent of Cannons business is from homeowners, many with houses of a certain age within about 30 miles of its Iowa City and Cedar Rapids offices.
A lot of them were built in the 50s, 60s and 70s, he said. They werent waterproofed properly.
Fixing customers water problems has proved to be more than a sideline.
Everything we do is really steady, and hasnt really changed a lot, Cannon said. When I started doing gutters, they had that seamless gutter machine.
Theres nothing that can replace that product. Weve tried a few things, but its just going to be around forever. With the waterproofing, the drain tile just makes sense. Theres not much you can do to improve that.
Know a business that could make for an interesting My Biz feature? Let us know via michaelchevy.castranova@thegazette.com.
Owner: Tom Cannon
Business: Tomlinson Cannon
Address: 3466 Dolphin Drive SE, Iowa City; 2351 Blairs Ferry Road, Cedar Rapids
Phone: 319-774-3422
Website: tomlinson-cannon.com
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For Tomlinson Cannon, solving water problems has been the business since 1948 in Iowa City, Cedar Rapids - The Gazette
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Dec 18, 2019 Diego Cagara Community, Government, News
An aerial view of Elm Avenue Parks pool complex shows the blue waters of the diving pool (top), but concern over its structural integrity has prompted its closure.Jim Franco / Spotlight News
BETHLEHEM A new pool to replace the irreparable Elm Avenue Park dive pool may be open as early as late July 2020 but Paul Penman, the towns deputy commissioner of Public Works, said it is not a 100 percent guarantee.
Appearing before the town board, he presented a new timeline for how the town will move forward regarding the dive pool.
It was originally built in 1973 but was closed this past summer as it was discovered as being severely deteriorated beyond repair.
In past weeks, residents and the town board began to express their views on a new dive pool this would be based on the original and a new double-slide pool anyone over 48 inches, or four feet, can use this and it requires two lifeguards.
Penman said bids for a new dive pool and a double-slide pool will be advertised on Dec. 23; the town will receive bids by Jan. 30, 2020; the town board will review the bids in its Feb. 7 meeting; a contract would be awarded in the Feb. 26 town board meeting; a notice to proceed will happen the day after; and construction is expected to begin on March 16.
The first critical date is February 7. Thats the town board meeting where wed like to present the numbers that come in on the bid package for the two options, said Penman. Then we would get some comments from the town board.
He also noted that the town will continue having discussions with the public about both pool options prior to making a decision at the Feb. 26 meeting.
Town Supervisor David VanLuven said it is important to continue public discussions in the meantime.
Town Board member Dan Coffey said it would be helpful to put pool-related information on the towns website before Feb. 7 so that the public can have ample time to learn about it before the town board makes a decision on Feb. 26.
An ideal construction timeline was presented too where between March 16 and May 22, regardless of which pool type the town chooses by then, is whenthe most disruptive work mainly happens. This is when demolition, the installation of piping and shell construction will take place.
Then, from May 25 to Aug. 7, gutters will be installed, the pool and deck would be finished, and dive or slide towers will be erected too.
This brings up the issue of whether summer construction would be allowed while the rest of the pool complex is open.
Penman said the gutter installation is not really disruptive. Same thing with the pool finish, they bring in pretty much pickup trucks and a little bit bigger vehicles and a small mixer. Again, its not going to be very dusty or very disruptive.
Penman added that he recommends summer construction to be allowed based on the schedule and type of construction activity planned during that time.
In his presentation, he also wrote that a few days could be noisy at the pool complex but a possible compromise is closing the complex for one or two days, or having it open for half-days at a time.
Town Board member Jim Foster recommended families, especially parents, should be informed in advance of maintaining safe distances between patrons at the pool complex and construction activity, if summer construction is approved.
Jason Gallo, the towns Parks and Recreation administrator, said some possible ways to inform the public about summer construction, if it gets approved, include having information on receipts at the pool complex, and having signs and pictures there that detail construction activity too.
The pool is then set to be commissioned in mid-August and site landscaping would take place between Aug. 10 and Sept. 11.
While Penman said this is all a fairly conservative schedule, weather can be unpredictable.
But if there is good weather overall, it may shave the construction schedule by one month.
It may get the pool open by the end of July or early August but again, I dont want to promise that because this last year, we had horrible weather, said Penman, offering a few examples like how welders cannot weld and concrete cannot be poured when its raining.
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Timeline to replace Bethlehem dive pool - Spotlight News
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NEW YORK How you respond to an attack defines you. Keep your cool, remain civil and others will respect the way you handle yourself, even if they disagree with you. Lower yourself to your assailants level and at best spectators will dismiss your dispute as a he-said-she-said between two jerks.
So much has been written about U.S. President Donald Trumps debasement of rhetorical norms and his gleeful contempt for truth that there is no need to cite examples or quote studies that count the prolificacy of his lies. Trumps attacks on journalists fake news, mocking a disabled reporters body movements are contemptible. They undermine citizens trust in news media a serious menace to democracy and civil society.
Less noticed is how major news organizations, incensed by the presidents trolling, have debased themselves to Trumps moral level.
American journalism used to adhere to strict standards. Though impossible to achieve, objectivity was paramount. At bare minimum, reporters were expected to project an appearance of political neutrality.
Truth only derived from facts verifiable facts. Not conjecture and never wishful thinking. Sources who wanted to be quoted had to go on the record. Anonymous sources could flesh out background but could not be the entire basis for a story.
From the start of Trumps run for president before the start Democratic-leaning media outlets abandoned their own long-cherished standards to declare war on him. Every day during the 2016 campaign The New York Times led its coverage with its forecast of Hillary Clintons supposed odds of defeating Trump. Setting aside the fact of the Times embarrassing wrongness the day before Election Day they gave Clinton an 85 percent chance of winning it cited odds rather than polls. Maximizing a sense of Clintonian inevitability was intended to demoralize Republicans so they wouldnt turn out to vote. The two figures might mean the same thing. But 85-15 odds look worse than a 51-49 poll.
Its downright truthy. And when truthiness goes sideways it makes you look really, really dumb. 51-49 could go either way. 85-15, not so much.
The impeachment battle marks a new low in partisanship among media outlets.
After Trumps surprise-to-those-whod-never-been-to-the-Rust-Belt win, outlets like the Times declared themselves members of a so-called resistance. Opinion columnists like Charles M. Blow pledged never to normalize Trumpism; what this has meant, ironically, is that Blows essays amount to rote recitations on the same topic: Normally, about the argument that Trump sucks. Which he does. There are, however, other issues to write about, such as the fact that we are all doomed. It would be nice to hear Blows opinions about taxes, militarism and abortion.
Next came years years! of Robert Muellerpalooza. Russia, corporate media outlets said repeatedly, had meddled in the 2016 election. Russian President Vladimir Putin installed Trump; Hillary Clintons snubbing of her partys 72 percent-progressive base had nothing to do with the loss of the most qualified person blah blah blah to an inductee in the WWE Hall of Fame.
Whatever happened to the journalistic chestnut: If your mother says she loves you, check it out? Russiagate wasnt a news report. It was religious faith. Russia fixed the election because we, the media, say so, we say so because we were told to say so by politicians, who were told to say so by CIA people, whose job is to lie and keep secrets. No one checked out anything.
What we knew and still know is that a Russia-based troll farm spent either $100,000 or $200,000 on Facebook ads to generate clickbait. Most of those ads were apolitical. Many were pro-Clinton. The company has no ties to the Russian government. It was a $6.8 billion election; $200,000 couldnt have and didnt move the needle.
Anonymous congressional sources told reporters that anonymous intelligence agents told them that there was more. The Mueller report implies as much. But no one went on the record. No original or verifiable copies of documentary evidence has been leaked. The reports numerous citations are devoid of supporting material. By pre-Trump journalistic standards Russiagate wasnt a story any experienced editor would print.
It was barely an idea for a story.
Russiagate fell apart so decisively that Democratic impeachers now act like the Mueller report a media obsession for three years never even happened.
Speaking of impeachment, mainstream media gatekeepers are so eager to see Trump removed from office that theyre violating another cardinal rule of journalism: If its news, print it. The identity of the CIA whistleblower (scare quotes because actual whistleblowers reveal truths that hurt their bosses) who triggered impeachment over Trumps menacing phone call to the president of Ukraine has been known in Washington, and elsewhere if you know where to look, for months.
Federal law prohibits the government from revealing his identity, and rightly so. But it has leaked. Its out. Its news. Nothing in the law or journalistic custom prevents a media organization from publishing it. News outlets felt no compulsion to similarly protect the identity of Bradley Manning or Edward Snowden. So why arent newspapers and broadcast networks talking about it?
Im not convinced his identity is important at this point, or at least important enough to put him at any risk, or to unmask someone who doesnt want to be identified, New York Times editor Dean Baquet said. So much for the peoples right to know. Why should subscribers buy a newspaper that doesnt print the news?
There is a because Trump change in media ethics that I welcome. Whats suspect is the timing.
Trump is the first president to get called out for his lies right in the news section. Great! Imagine how many lives could have been saved by a headline like Bush Repeats Debunked Falsehood That Iraq Has WMDs. A headline like Slurring Sanders Numerous Female Supporters as Bros, Hillary Clinton Lies About Medicare-for-All could have nominated and elected Bernie and saved many Americans from medical bankruptcy.
But all presidents lie. Why pick on Trump? His lies are (perhaps) more numerous. But theyre no more bigger than his predecessors (see Iraq WMDs, above). Yet discussion of former presidents remains respectful and slavish as ever.
I say, give coverage of Obama and other ex-presidents the same tone and treatment as the current occupant of the White House gets from the news media:
Wallowing in Corrupt Wall Street Cash, Obama Drops $11.75 Million on Gaudy Marthas Vineyard Mansion Estate
Ellen DeGeneres Sucks Up to Mass Murderer George W. Bush
Jimmy Carter, First Democratic President to Not Even Bother to Propose an Anti-Poverty Program, Dead at TK
Ted Rall (Twitter: @tedrall), a political cartoonist, columnist and graphic novelist, is the author of Francis: The Peoples Pope.
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The US media is in the gutter with Trump - The Japan Times
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NORTH HEMPSTEAD, NY North Hempstead town officials have signed off on a five-year capital plan, which includes more than $55 million in improvements.
Among the projects highlighted: engineering services for the first phase of the North Hempstead Beach Park visioning project, site improvements for the Sept. 11 memorial at Manhasset Valley Park and a pool renovation project at Martin "Bunky" Reid Park.
The town said it will fund the 2020 portion of the general fund's capital improvements using $9.5 million dollars in bond authorizations after accounting for grants and existing money.
Included in the capital plan is $7.6 million in grants. Federal emergency management officials have pledged about $33.5 million for various projects as well.
More than $4 million will go toward road repaving in both residential and industrial areas. The town set $1 million will go toward sidewalk improvements and another $1 million will fund concrete roadwork. Furthermore, $400,000 will go toward road drainage.
Judi Bosworth, the town supervisor, said the capital plan may not include flashy improvement projects, but noted that"as any homeowner knows, most maintenance projects are not glamorous." That doesn't mean they aren't necessary, though.
"It is our goal to keep the Town structurally sound and safe and to maintain a great quality of life into the future," Bosworth said. "We will also be concentrating on environmental projects including the installation of a vehicle wash station at our Roslyn Highway Yard."
Plans also call for funding a project for the building department that would digitalize all property records, historical papers, deeds, drawings, occupancy certificates and more. This means the records will be kept safe from fires and floods, and will make them viewable online.
Here are some other capital projects on the docket:
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North Hempstead 5-Year Capital Plan Approved: Heres Whats In It - Port Washington, NY Patch
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You wont believe that this classy Colonial on over an acre of land was built in 1957! Freshly renovated and totally move-in ready with an easy living floor plan that fits todays lifestyles, this residence is thoroughly modern from stem to stern, so to speak.
ADDRESS: 9 Cedar St., Boxford
BEDROOMS: 4
BATHROOMS: 2 full
LIVING SPACE: 2,168 sq. ft.
PRICE: $639,000
You wont believe that this classy Colonial on over an acre of land was built in 1957! Freshly renovated and totally move-in ready with an easy living floor plan that fits todays lifestyles, this residence is thoroughly modern from stem to stern, so to speak.
The roof, gutters and siding are new, every window was replaced they are mostly gorgeous eight-over-one and this home has a four-bedroom Gravity Septic System. The oil tank is new and so is the 100-amp sub panel in the laundry room. Electric is, of course, 200 amps. Lets not forget new sheetrock and plaster walls in the garage or the fireproof door to the house. Thats only a partial list of the newbies. Whew.
By the way, the entire house (upstairs and down) has all new red oak flooring that is not only beautiful but also a seamless backdrop to all the wonderful features and details in this home.
Lets get specific
A center entry area separates the oversized main living areas. The living room, which is off to the left, runs front to back and has four, eight-over-one windows plus an attractive gas fireplace with a brick surround. The mantel along with door and window casings have eye-catching detailing. So does the chair rail.
The open-concept kitchen-dining room on the other side of the entry is even larger and is filled with more impressive amenities.
In the dining room, for example, double crown molding, detailed bump boards and chair rail give this space a timeless elegance. In addition to views of the sprawling front lawn and side yard, this room seats six, eight or more comfortably.
Granite countertops and stainless-steel appliances (and that includes the sink) sparkle in the bright U-shaped kitchen. A subway tile backsplash with glass tile inserts add dashes of sparkle as does lighting under the cabinets of which there is a substantial amount. The center island, which any chef will appreciate, doubles as a breakfast bar for two.
Take two steps down from the kitchen into the sunroom and be prepared to be wowed. Running front-to-back, this fabulous getaway is just that an inviting place to relax or to entertain friends and family. Almost floor-to-ceiling casement windows with a full glass pane door at each end of the room look out to the grounds. One view is the front lawn; the other is a sizable patio and expansive yard bordered by well-established trees.
Easy-to-maintain tile flooring and a closet are practical pluses.
By the way, this level has a full bathroom with a tub/shower ensemble with a tile surround. The vanity has a granite countertop.
Up on two
Although the second floor is set up as a classic four-square, this level is about everything modern: rooms are bright (with two exposures), closets are big doubles with sliding doors and gleaming red oak flooring is everywhere.
The landing, which has enough space to accommodate a mini study/office a desk and chair, for example also can be a reading corner.
The bedrooms are spacious. Two, which are identical in size, are slightly larger than the other two and those are also the same size. Incidentally, the two larger rooms easily handle king-size beds plus the prerequisite bedroom furniture.
The shared full bathroom has a tub/shower ensemble with a tile surround. The vanity has a granite countertop.
A linen closet is in the hall, too.
About the basement
As this level is the footprint of the house, describing it as large is practically an understatement.
Excellent ceiling height throughout is another perk. In addition to a partially finished space well go there in a moment the basement has a huge utility room with access to the bulkhead that leads to the yard. A laundry room, which is also big, has more than enough space for a full-size washer and dryer installed side-by-side, if you prefer.
A sink in this room and cabinetry that can work as a folding table are additional conveniences. Bead board on two walls is a dash of character.
Now about potential: With paneled walls and slate-like tile flooring in place, the partially finished area is ready for final finishing touches to create a user-friendly area as a second family room, media center and/or a play area for adults and the younger set. Sweet cubbies under the stairs work well for books, games and other storage.
Contact Melissa Dias Lopes of The Lopes Group at J Barrett & Company at 617-838-2394 or by email: melissa@jbarrettrealty.com.
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HOME PROFILE: Renovations have 1957 home ready for todays living - Wicked Local Beverly
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Photo: courtesy of Warner Bros.
The first time someone decided to hang little lights on a pine tree that was chopped down and carried inside a home was in December 1882, when Edward Johnson, vice-president of the Edison Electric Light Company, wrapped a hand-wired strand of 80 colored light bulbs around his Christmas tree. It probably looked beautiful, even if it was a terrible fire hazard.
Today, Christmas lights are used by more than just one brave guy a lot more. And we have a lot more options. LED bulbs that use less energy and are much less likely to burn out. Bulbs that are outdoor rated. Bulbs that twinkle and pulse. And, in extreme cases, bulbs that people set to music.With so many choices, it can be hard to know what the best Christmas lights are. Plus, the best lights for you may be different than the best lights for your neighbor. To help navigate the choices, we spoke to Brandon Stevens, president of the Decor Group, a Texas-based Christmas light installation company with franchises in 48 states; Josh Trees, president of the Christmas Light Installation Pros Association; and Bob Young, a Port Washington, New York, homeowner who has been covering his house, bushes, trees, and lawn with Christmas lights (and causing a line of gawking traffic up and down his suburban street) for more than 20 years.
In Youngs case, we use about 300,000 individual bulbs and its probably about 20,000 total feet of wiring, he says. While you dont need to use that many bulbs on your house to make an impression, there are other tips from the pros that will help you have a beautiful display. The most important is this: Symmetry is key. You dont want your work to look haphazard.
Okay, maybe thats the second-most-important thing, right after safety. Young recommends always using ground-fault circuit interrupter extension cords and LED lights, which are safer and more cost-effective than incandescent bulbs. Plus, thousands of LED bulbs can be connected to a single outlet.
Below, the best Christmas lights and how to use them according to our experts.
Decute 105FT 300 LED Waterproof Christmas String Lights
Stevens agrees with Young that LED is the way to go when it comes to outdoor holiday lights. LED bulbs stand up to harsh weather, they last for years, and if youre going full Griswold, they can save you quite a bit of money over time.Warm white has been the standard for outdoor decoration for 25 or more years, Stevens says. You see some incorporation of color these days, but white light is still the most popular for roofs, windows, trees, and shrubs and all. Long strands like this 105-foot option from Decute are perfect for long roof lines. We use clips along gutters or that go right onto the shingles, Stevens says. They are always removable.
Novelty Lights 100 Light LED Christmas Mini Light Set
We recommend mini lights on windows because they dont overpower the window, Stevens says. You can enjoy the lights from inside and outside but still see out of the windows at night.
Everlights app-controlled permanent lighting
These are the lights you get if you want to pay a lot this year, and then never pay again (and never have to hang and remove them again, either.) Each fully customizable LED bulb in an EverLights set is rated with a 50,000-hour life expectancy, and the bulbs and wiring are fully weatherproof. Josh Trees, the president of the Christmas Light Installation Pros Association, has been installing Christmas lights professionally for 23 years. EverLights stand out with their simple customization and durability in natures elements across the country, he says. He recommends hiring a CLIPA-certified crew to install the lights. You can always call Stevens at the Decor Group, too.
Holiday Essence 60 LED Mini Christmas Lights, Cool White
We primarily use mini lights on trees,says Stevens. We do trunk and branch wrap with mini lights because you can control the effect they create so well. A shorter, 16-foot strand like these lights from Holiday Essence allow you to wrap branches without driving yourself crazy winding a long string of lights around and around and around (and around) the same branch.
Govee Outdoor String Lights
Blending mini lights with larger bulbs, especially in taller trees gives an elegant effect appreciable both close up and from a more distant view. We use a lot of larger C bulbs high up in the large canopy of trees, says Stevens. It creates a look a lot of people like better than wrapped trunks and branches alone. This strand of large bulbs from Govee is perfect for use high up in a tree because you can control the lights remotely using a smartphone app.
Lyhope 12ft x 5ft 360 LED Decorative Net Lights
On shrubs and bushes, we do a lot of mini lights, says Stevens. With a net dotted by miniature bulbs, you dont have to spend time laboriously wrapping strands of lights around bushes or hedges. Instead, just drape the net over the plants and, if needed, use twist ties to secure the wiring in a few places.
Mimiviva Christmas Laser Lights Outdoor Projector
Light projectors are popular with homeowners and theyre great for commercial applications as well, says Stevens. They install in seconds and can be removed just as quickly, and once the sun has set, these laser light projectors create dazzling effects on walls, in trees, and on roofs. This remote-controlled LED projector can beam out thousands of red and green dots and can also create patterns of images such as a snowflake or a Christmas tree. It can cover an area as large as 3,500 square feet when set back 50 feet from the surface its projecting on.
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The Best Christmas Lights, According to Experts and a Very Festive Homeowner - New York Magazine
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State of Tennessee Treasury Department boosted its stake in shares of Installed Building Products Inc (NYSE:IBP) by 24.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,232 shares of the construction companys stock after acquiring an additional 4,563 shares during the quarter. State of Tennessee Treasury Department owned 0.08% of Installed Building Products worth $1,332,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in IBP. Tower Research Capital LLC TRC increased its stake in shares of Installed Building Products by 527.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,588 shares of the construction companys stock valued at $94,000 after buying an additional 1,335 shares in the last quarter. Bank of Montreal Can boosted its holdings in Installed Building Products by 178.7% in the second quarter. Bank of Montreal Can now owns 2,954 shares of the construction companys stock valued at $175,000 after acquiring an additional 1,894 shares during the last quarter. LPL Financial LLC bought a new position in Installed Building Products in the second quarter valued at about $209,000. Janus Henderson Group PLC bought a new position in Installed Building Products in the second quarter valued at about $226,000. Finally, Acadian Asset Management LLC bought a new position in Installed Building Products in the second quarter valued at about $278,000. Hedge funds and other institutional investors own 68.27% of the companys stock.
In related news, COO Jay P. Elliott sold 20,000 shares of Installed Building Products stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $70.83, for a total value of $1,416,600.00. Following the sale, the chief operating officer now owns 23,529 shares of the companys stock, valued at approximately $1,666,559.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Vikas Verma sold 10,000 shares of Installed Building Products stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $60.00, for a total value of $600,000.00. Following the completion of the sale, the director now directly owns 151,935 shares in the company, valued at approximately $9,116,100. The disclosure for this sale can be found here. In the last three months, insiders sold 60,000 shares of company stock worth $3,966,600. 25.20% of the stock is owned by insiders.
NYSE IBP opened at $70.46 on Thursday. The firm has a market cap of $2.15 billion, a P/E ratio of 26.39, a P/E/G ratio of 1.46 and a beta of 1.16. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.69 and a quick ratio of 2.39. The stocks 50-day moving average is $68.87 and its 200-day moving average is $59.03. Installed Building Products Inc has a one year low of $30.54 and a one year high of $76.60.
Installed Building Products (NYSE:IBP) last released its quarterly earnings results on Friday, November 1st. The construction company reported $0.99 EPS for the quarter, topping the Zacks consensus estimate of $0.86 by $0.13. The company had revenue of $396.40 million for the quarter, compared to analyst estimates of $385.46 million. Installed Building Products had a return on equity of 45.94% and a net margin of 4.47%. Installed Building Productss revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 earnings per share. Equities analysts anticipate that Installed Building Products Inc will post 3.07 EPS for the current year.
About Installed Building Products
Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.
Read More: Neutral Rating
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State of Tennessee Treasury Department Has $1.33 Million Stock Position in Installed Building Products Inc (NYSE:IBP) - Mitchell Messenger
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Brokerages expect Installed Building Products Inc (NYSE:IBP) to announce earnings of $0.87 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Installed Building Products earnings. The lowest EPS estimate is $0.83 and the highest is $0.88. Installed Building Products posted earnings per share of $0.72 in the same quarter last year, which would indicate a positive year over year growth rate of 20.8%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 27th.
According to Zacks, analysts expect that Installed Building Products will report full-year earnings of $3.22 per share for the current year, with EPS estimates ranging from $3.16 to $3.25. For the next fiscal year, analysts anticipate that the business will post earnings of $3.70 per share, with EPS estimates ranging from $3.58 to $3.91. Zacks Investment Researchs EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Installed Building Products.
Installed Building Products (NYSE:IBP) last announced its quarterly earnings data on Friday, November 1st. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.13. The business had revenue of $396.40 million for the quarter, compared to the consensus estimate of $385.46 million. Installed Building Products had a net margin of 4.47% and a return on equity of 45.94%. Installed Building Productss quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the company posted $0.72 earnings per share.
A number of equities research analysts have weighed in on the stock. Deutsche Bank assumed coverage on shares of Installed Building Products in a research note on Wednesday, November 27th. They set a buy rating and a $82.00 price target on the stock. Zacks Investment Research upgraded shares of Installed Building Products from a hold rating to a strong-buy rating and set a $81.00 price target on the stock in a research note on Thursday, November 7th. ValuEngine upgraded shares of Installed Building Products from a sell rating to a hold rating in a research note on Thursday, October 17th. SunTrust Banks lifted their price target on shares of Installed Building Products to $71.00 and gave the stock a hold rating in a research note on Monday, November 4th. Finally, Nomura lifted their price target on shares of Installed Building Products from $50.00 to $52.00 and gave the stock a neutral rating in a research note on Friday, August 9th. Six equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the companys stock. The stock has a consensus rating of Hold and a consensus price target of $58.33.
IBP traded up $0.14 during trading on Wednesday, reaching $70.46. 241,693 shares of the companys stock were exchanged, compared to its average volume of 200,350. Installed Building Products has a fifty-two week low of $30.54 and a fifty-two week high of $76.60. The company has a quick ratio of 2.39, a current ratio of 2.69 and a debt-to-equity ratio of 2.52. The business has a 50 day moving average price of $68.63 and a 200 day moving average price of $58.96. The company has a market capitalization of $2.15 billion, a P/E ratio of 26.39, a PEG ratio of 1.46 and a beta of 1.16.
In other Installed Building Products news, Director Vikas Verma sold 10,000 shares of Installed Building Products stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $62.00, for a total transaction of $620,000.00. Following the completion of the transaction, the director now directly owns 131,935 shares of the companys stock, valued at $8,179,970. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jay P. Elliott sold 20,000 shares of Installed Building Products stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.83, for a total value of $1,416,600.00. Following the transaction, the chief operating officer now directly owns 23,529 shares of the companys stock, valued at $1,666,559.07. The disclosure for this sale can be found here. Insiders have sold 60,000 shares of company stock worth $3,966,600 in the last quarter. Corporate insiders own 25.20% of the companys stock.
Several hedge funds and other institutional investors have recently modified their holdings of IBP. Nuveen Asset Management LLC bought a new position in shares of Installed Building Products during the second quarter valued at $8,511,000. Bamco Inc. NY lifted its holdings in shares of Installed Building Products by 9.1% during the second quarter. Bamco Inc. NY now owns 1,636,712 shares of the construction companys stock valued at $96,926,000 after acquiring an additional 136,712 shares during the period. Eagle Asset Management Inc. bought a new position in shares of Installed Building Products during the third quarter valued at $5,753,000. Allianz Asset Management GmbH bought a new position in shares of Installed Building Products during the second quarter valued at $4,974,000. Finally, Panagora Asset Management Inc. bought a new position in shares of Installed Building Products during the second quarter valued at $4,888,000. 68.27% of the stock is owned by institutional investors.
About Installed Building Products
Installed Building Products, Inc, together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.
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Analysts Expect Installed Building Products Inc (NYSE:IBP) Will Announce Earnings of $0.87 Per Share - DFS Caller
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