Interface Inc. (NASDAQ: TILE) is -19.76% lower on its value in year-to-date trading and has touched a low of $7.89 and a high of $15.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TILE stock was last observed hovering at around $8.06 in the last trading session, with the day’s loss setting it -0.14% off its average median price target of $18.00 for the next 12 months. It is also 56.0% off the consensus price target high of $18.00 offered by 2 analysts, but current levels are 12.0% higher than the price target low of $9.00 for the same period.
Currently trading at $7.92, the stock is -16.06% and -23.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.52 million and changing -1.74% at the moment leaves the stock -30.17% off its SMA200. TILE registered -37.88% loss for a year compared to 6-month gain of -24.07%.
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The stock witnessed a -31.90% loss in the last 1 month and extending the period to 3 months gives it a -26.53%, and is -11.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 5.39% over the month.
Interface Inc. (TILE) has around 3671 employees, a market worth around $474.17M and $1.30B in sales. Current P/E ratio is 24.91 and Fwd P/E is 5.79. Profit margin for the company is 1.50%. Distance from 52-week low is 0.35% and -47.38% from its 52-week high. The company has generated returns on investments over the last 12 months (6.00%).
Interface Inc. (TILE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Interface Inc. (TILE) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Interface Inc. is expected to release its quarterly report on 04/26/2023.The EPS is expected to shrink by -65.10% this year
Interface Inc. (TILE) Top Institutional Holders
The shares outstanding are 58.16M, and float is at 56.72M with Short Float at 1.41%.
Interface Inc. (TILE) Insider Activity
A total of 7 insider transactions have happened at Interface Inc. (TILE) in the last six months, with sales accounting for 1 and purchases happening 6 times.
Interface Inc. (TILE): Who are the competitors?
The company’s main competitors (and peers) include HNI Corporation (HNI) that is trading -31.97% down over the past 12 months and The Dixie Group Inc. (DXYN) that is -73.06% lower over the same period.
