In the latest session, Interface Inc. (NASDAQ: TILE) closed at $15.64 down -4.75% from its previous closing price of $16.42. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 597197 shares were traded.
Ratios:
For a deeper understanding of Interface Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.15.
On February 22, 2023, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $13 to $9.
Raymond James Upgraded its Mkt Perform to Outperform on November 08, 2021, while the target price for the stock was maintained at $19.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 11 ’23 when Nigel Stansfield sold 8,764 shares for $10.31 per share. The transaction valued at 90,368 led to the insider holds 198,321 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TILE now has a Market Capitalization of 958.36M and an Enterprise Value of 1.36B. As of this moment, Interface’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.67, and their Forward P/E ratio for the next fiscal year is 11.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is 9.57.
Stock Price History:
Over the past 52 weeks, TILE has reached a high of $18.47, while it has fallen to a 52-week low of $6.51. The 50-Day Moving Average of the stock is 14.85, while the 200-Day Moving Average is calculated to be 11.34.
Shares Statistics:
For the past three months, TILE has traded an average of 352.41K shares per day and 405.11k over the past ten days. A total of 58.11M shares are outstanding, with a floating share count of 56.14M. Insiders hold about 3.54% of the company’s shares, while institutions hold 94.12% stake in the company. Shares short for TILE as of Mar 28, 2024 were 1.13M with a Short Ratio of 3.21, compared to 1.23M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.94% and a Short% of Float of 2.40%.
Dividends & Splits
According to the company, the forward annual dividend rate for TILE is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.24%, it implies a Forward Annual Dividend Yield of 0.24%. The stock’s 5-year Average Dividend Yield is 0.97. The current Payout Ratio is 5.31% for TILE, which recently paid a dividend on Apr 12, 2024 with an ex-dividend date of Mar 27, 2024. Stock splits for the company last occurred on Jun 16, 1998 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.1, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.32, with high estimates of $0.32 and low estimates of $0.31.
Analysts are recommending an EPS of between $1.05 and $1 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.34, with 2 analysts recommending between $1.46 and $1.23.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $285.03M this quarter.It ranges from a high estimate of $287.8M to a low estimate of $282.25M. As of the current estimate, Interface Inc.’s year-ago sales were $295.79M, an estimated decrease of -3.60% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for TILE’s current fiscal year. The highest revenue estimate was $1.28B, while the lowest revenue estimate was $1.27B, resulting in an average revenue estimate of $1.27B. In the same quarter a year ago, actual revenue was $1.26B, up 0.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.32B in the next fiscal year. The high estimate is $1.34B and the low estimate is $1.3B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
