Interface (TILE) Stock Price, News & Analysis

Company Overview

Interface, Inc. designs, produces, and sells modular carpet products primarily worldwide. The company operates in two segments, Americas (AMS), and Europe, Africa, Asia and Australia (EAAA). The company offers modular carpets under the Interface and FLOR brand names; luxury vinyl tiles; carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; and modular resilient flooring products. It also provides carpet replacement, installation, and maintenance services; and rubber flooring under the norament and noraplan brand names; as well as produces and sells an adapted version of its carpet tile for the healthcare facilities market. In addition, the company sells a proprietary antimicrobial chemical compound under the Intersept name; sells TacTiles, a carpet tile installation system, as well as various adhesives and products; and provides turnkey project management services for global accounts and other customers through its InterfaceSERVICES business. The company sells its products directly to end-users, as well as indirectly through independent contractors, installers, or distributors. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $18.58 to $19.45
• 50-Day Range: $15.48 to $19.02
• 52-Week Range: $8.26 to $19.45
• Volume: 4.43 million shs
• Average Volume: 439,581 shs
• Market Capitalization: $1.10 billion
• P/E Ratio: 18.78
• Dividend Yield: 0.21%
• Price Target: $18.00
• Consensus Rating: Moderate Buy

Interface Stock Analysis - MarketRank™

Interface scored higher than 81% of companies evaluated by MarketBeat, and ranked 77th out of 295 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Interface has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Interface has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 9.37%

Earnings Growth

Earnings for Interface are expected to grow by 9.37% in the coming year, from $1.28 to $1.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Interface is 18.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Interface is 18.78, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.34.

Price to Earnings Growth Ratio

Interface has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Interface has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.30% of the float of Interface has been sold short.

Short Interest Ratio / Days to Cover

Interface has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Interface has recently increased by 24.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Interface has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Interface does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Interface is 3.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Interface will have a dividend payout ratio of 2.86% next year. This indicates that Interface will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -2.73

Percentage of Shares Shorted

3.30% of the float of Interface has been sold short.

Short Interest Ratio / Days to Cover

Interface has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Interface has recently increased by 24.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.72

News Sentiment

Interface has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Interface this week, compared to 4 articles on an average week.

Search Interest

4 people have searched for TILE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Interface to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Interface insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,091,604.00 in company stock.

Percentage Held by Insiders

Only 2.60% of the stock of Interface is held by insiders.

Percentage Held by Institutions

98.34% of the stock of Interface is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TILE Stock Analysis - Frequently Asked Questions

How have TILE shares performed this year?

Interface's stock was trading at $12.62 at the beginning of the year. Since then, TILE shares have increased by 50.3% and is now trading at $18.97.
View the best growth stocks for 2024 here.

How were Interface's earnings last quarter?

Interface, Inc. (NASDAQ:TILE) announced its quarterly earnings data on Friday, August, 2nd. The textile maker reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.12. The business's revenue was up 5.2% on a year-over-year basis.

Does Interface have any subsidiaries?

The following companies are subsidiaries of Interface: Nora systems, Amphenol (Changzhou) Electronics Co. Ltd., FLOR Inc., Interface Americas Holdings LLC, Interface Americas Inc., Interface Asia-Pacific (HK) Ltd., Interface Aust. Holdings Pty Limited, and others.

Who are Interface's major shareholders?

Interface's top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (4.97%), Dimensional Fund Advisors LP (4.62%), Pacer Advisors Inc. (4.14%) and Pzena Investment Management LLC (2.91%). Insiders that own company stock include Bruce Andrew Hausmann, Daniel T Hendrix and Stansfield Nigel.
View institutional ownership trends.

How do I buy shares of Interface?

Shares of TILE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Interface own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Interface investors own include Ford Motor (F), Pfizer (PFE), Bank of America (BAC), First Solar (FSLR), General Electric (GE), RTX (RTX) and Enterprise Products Partners (EPD).

Company Calendar

• Last Earnings: 8/02/2024
• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/01/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Carpets & rugs
• Sub-Industry: Office Services & Supplies
• Current Symbol: NASDAQ:TILE
• Previous Symbol: NASDAQ:IFSIA
• CUSIP: 45866530
• CIK: 715787
• Web: www.interface.com
• Phone: (770) 437-6800
• Fax: 770-319-0070
• Employees: 3,619
• Year Founded: 1973

Price Target and Rating

• Average Stock Price Target: $18.00
• High Stock Price Target: $22.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: -5.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.01
• Trailing P/E Ratio: 18.78
• Forward P/E Ratio: 14.82
• P/E Growth: 0.94
• Net Income: $44.52 million
• Net Margins: 5.20%
• Pretax Margin: 7.32%
• Return on Equity: 18.42%
• Return on Assets: 6.44%

Debt

• Debt-to-Equity Ratio: 0.84
• Current Ratio: 2.76
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: $1.27 billion
• Price / Sales: 0.87
• Cash Flow: $2.08 per share
• Price / Cash Flow: 9.12
• Book Value: $7.33 per share
• Price / Book: 2.59

Miscellaneous

• Outstanding Shares: 58,243,000
• Free Float: 56,729,000
• Market Cap: $1.10 billion
• Optionable: Optionable
• Beta: 1.98