Interface Inc (NASDAQ: TILE) is -3.98% lower on its value in year-to-date trading and has touched a low of $11.48 and a high of $27.34 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 $23.19 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $23.38, the stock is -6.15% and -5.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.41 million and changing 0.82% at the moment leaves the stock 25.01% off its SMA200. TILE registered 92.11% gain for a year compared to 6-month gain of 61.80%. The firm has a 50-day simple moving average (SMA 50) of $24.6534 and a 200-day simple moving average (SMA200) of $18.70285.
The stock witnessed a -11.84% loss in the last 1 month and extending the period to 3 months gives it a 27.69%, and is -3.98% 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 3.40% over the week and 3.04% over the month.
Interface Inc (TILE) has around 3619 employees, a market worth around $1.36B and $1.31B in sales. Current P/E ratio is 16.28 and Fwd P/E is 15.52. Profit margin for the company is 6.46%. Distance from 52-week low is 103.66% and -14.48% from its 52-week high. The company has generated returns on investments over the last 12 months (9.28%).
The EPS is expected to grow by 40.33% this year
346.0 institutions hold shares in Interface Inc (TILE), with institutional investors hold 98.75% of the company’s shares. The shares outstanding are 58.30M, and float is at 56.56M with Short Float at 2.44%. Institutions hold 96.79% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.31 million shares valued at $136.7 million. The investor’s holdings represent 15.9897 of the TILE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.68 million shares valued at $83.39 million to account for 9.7537 of the shares outstanding. The other top investors are BARROW HANLEY MEWHINNEY & STRAUSS LLC which holds 2.89 million shares representing 4.9675 and valued at over $42.47 million, while DIMENSIONAL FUND ADVISORS LP holds 4.621 of the shares totaling 2.69 million with a market value of $39.51 million.
Interface Inc (TILE) Insider Activity
The most recent transaction is an insider sale by HENDRIX DANIEL T, the company’s Director. SEC filings show that HENDRIX DANIEL T sold 12,500 shares of the company’s common stock on Jan 02 ’25 at a price of $24.10 per share for a total of $0.3 million. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on Dec 04 ’24, Foshee David B (Vice President/Secretary) disposed off 15,175 shares at an average price of $26.27 for $0.4 million. The insider now directly holds 202,398 shares of Interface Inc (TILE).
