The closing price of Interface Inc. (NASDAQ: TILE) was $16.50 for the day, down -0.60% from the previous closing price of $16.60. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 472844 shares were traded.
Ratios:
Our analysis of TILE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.28. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 963.03M 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 21.81, and their Forward P/E ratio for the next fiscal year is 12.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 1.08 whereas that against EBITDA is 9.60.
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 14.53, while the 200-Day Moving Average is calculated to be 11.29.
Shares Statistics:
TILE traded an average of 343.88K shares per day over the past three months and 550.11k shares per day 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 94.07% stake in the company. Shares short for TILE as of Mar 15, 2024 were 1.61M with a Short Ratio of 4.69, compared to 1.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.77% and a Short% of Float of 3.97%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, TILE has a forward annual dividend rate of 0.04. 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
The firm’s stock currently is rated by 3 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $287.6M 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 -3.70% 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.
