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After finishing at $15.13 in the prior trading day, Interface Inc. (NASDAQ: TILE) closed at $14.88, down -1.65%. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 0.7 million shares were traded. TILE stock price reached its highest trading level at $15.32 during the session, while it also had its lowest trading level at $14.75.
Ratios:
Our goal is to gain a better understanding of TILE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.47. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barrington Research on April 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $20.
On March 01, 2023, Longbow Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $18.
Truist Downgraded its Buy to Hold on February 22, 2023, whereas the target price for the stock was revised from $13 to $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 868474176 and an Enterprise Value of 1270983296. As of this moment, Interface’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.66, and their Forward P/E ratio for the next fiscal year is 11.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 1.008 whereas that against EBITDA is 8.639.
Stock Price History:
The Beta on a monthly basis for TILE is 2.00, which has changed by 0.8811631 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -1.71%, while the 200-Day Moving Average is calculated to be 29.17%.
Shares Statistics:
The stock has traded on average 376.94K shares per day over the past 3-months and 449710 shares per day over the last 10 days, according to various share statistics. 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 94.13% stake in the company. Shares short for TILE as of 1711584000 were 1132290 with a Short Ratio of 3.00, compared to 1709164800 on 1225548. Therefore, it implies a Short% of Shares Outstanding of 1132290 and a Short% of Float of 2.4.
Dividends & Splits
In the trailing 12 months, TILE’s forward annual dividend rate was 0.04, compared to 0.04 this year. 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 2024-03-27 with an ex-dividend date of 1711497600. Stock splits for the company last occurred on 1998-06-16 when the company split stock in a 2:1 ratio.
Earnings Estimates
Interface Inc. (TILE) is presently subject to a detailed evaluation by 3 analysts, each offering their unique perspectives on its market standing.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 $1.33, with 3 analysts recommending between $1.46 and $1.23.
Revenue Estimates
3 analysts predict $285.02M in revenue for the current 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 3 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 3 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.
