NASDAQ:TILE

Interface - TILE Stock Forecast, Price & News

$13.14

+0.30 (+2.34%)

(As of 08/12/2022 12:00 AM ET)

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Today's Range: $12.74
▼
$13.15
50-Day Range: $12.11
▼
$14.96
52-Week Range: $11.87
▼
$18.03

Volume: 243,576 shs
Average Volume: 224,487 shs
Market Capitalization: $781.40 million

P/E Ratio: 12.40
Dividend Yield: 0.31%
Price Target: $17.00

Interface MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.4% Upside
$17.00 Price Target
Short Interest: Bearish
2.15% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -5.31
Upright™ Environmental Score
News Sentiment: 0.32
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 37.19%
From $1.21 to $1.66 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Consumer Discretionary Sector

108th out of 289 stocks

Carpets & Rugs Industry

1st out of 2 stocks

3.5

Analyst's Opinion

Consensus Rating
Interface has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.00, Interface has a forecasted upside of 29.4% from its current price of $13.14.
Amount of Analyst Coverage
Interface has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.15% 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 4.8.
Change versus previous month
Short interest in Interface has recently increased by 3.33%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Interface has a dividend yield of 0.31%, 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 3.77%. 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 2.41% next year. This indicates that Interface will be able to sustain or increase its dividend.

0.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Interface has received a -62.59% net impact score from Upright. The largest negative impact of Interface in category "GHG emissions" is driven by its "Wall-to-wall carpets", "Plastic floors", and "Carpets and rugs" products. See details.
Environmental Sustainability
The Environmental Impact score for Interface is -5.31.

2.4

News and Social Media Coverage

News Sentiment
Interface has a news sentiment score of 0.32. 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 lower news sentiment than the 0.46 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Interface this week, compared to 5 articles on an average week.
Search Interest
2 people have searched for TILE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Interface insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Interface is held by insiders.
Percentage Held by Institutions
96.30% of the stock of Interface is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Interface are expected to grow by 37.19% in the coming year, from $1.21 to $1.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Interface is 12.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Interface is 12.40, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.70.
Price to Book Value per Share Ratio
Interface has a P/B Ratio of 2.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Interface (NASDAQ:TILE) Stock

Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR brand names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brand names; and luxury vinyl tile products. It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services. In addition, the company sells and licenses a proprietary antimicrobial chemical compound under the Intersept name for use in interior finishes; 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. It sells its products directly to end-users, as well as indirectly through independent contractors or distributors, and FLOR line of products through Internet sales and commercial sales force. The company has product showrooms or design studios in the United States, Canada, Mexico, England, France, Germany, Spain, the Netherlands, India, Australia, Norway, the United Arab Emirates, Russia, Singapore, Hong Kong, Thailand, China, and others. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.

Wall Street Analyst Weigh In

Separately, TheStreet raised Interface from a "c+" rating to a "b-" rating in a research note on Friday, August 5th.

Interface Price Performance

Shares of NASDAQ:TILE traded up $0.30 during midday trading on Friday, hitting $13.14. 243,576 shares of the stock were exchanged, compared to its average volume of 224,487. The stock has a market cap of $781.40 million, a P/E ratio of 12.13 and a beta of 1.76. The company has a current ratio of 2.51, a quick ratio of 1.24 and a debt-to-equity ratio of 1.53. Interface has a twelve month low of $11.87 and a twelve month high of $18.03. The company has a 50 day moving average price of $13.35 and a 200-day moving average price of $13.36.

Interface (NASDAQ:TILE - Get Rating) last released its quarterly earnings results on Friday, August 5th. The textile maker reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.04. The business had revenue of $346.60 million during the quarter, compared to the consensus estimate of $357.70 million. Interface had a return on equity of 23.39% and a net margin of 4.89%. The business's revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.30 EPS. On average, research analysts forecast that Interface will post 1.21 earnings per share for the current year.

Interface Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 17th. Investors of record on Friday, June 3rd were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend was Thursday, June 2nd. Interface's payout ratio is 3.77%.

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TILE Stock News Headlines

August 12, 2022 | finance.yahoo.com

Interface (NASDAQ:TILE) Is Reinvesting At Lower Rates Of Return

August 10, 2022 | globenewswire.com

WKS Restaurant Group Selects Interface to Deploy Virtual Guard Services at its 394 Restaurants - GlobeNewswire

August 8, 2022 | apnews.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Interface, Inc. (TILE) and Encourages Long-Term TILE Investors to Contact the Firm

August 8, 2022 | seekingalpha.com

HBO Max delivers upgraded stable interface, a year ahead of Discovery+ combo (NASDAQ:WBD) - Seeking Alpha

August 8, 2022 | businesswire.com

Global High-Definition Multimedia Interface Cables Market Report 2022-2030: Rising Trend of Bring Your Own Device (BYOD) in the Workplace Presents Opportunities for Growth - ResearchAndMarkets.com - Business Wire

August 8, 2022 | businesswire.com

World Connected Home Markets 2022-2027 by Technology, Computing Type, Service Provider Type, Application, User Interface, Connection Type and Deployment - ResearchAndMarkets.com - Business Wire

August 8, 2022 | americanbankingnews.com

Interface (NASDAQ:TILE) Posts Earnings Results, Beats Expectations By $0.04 EPS

August 8, 2022 | benzinga.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Interface, Inc. (TILE) and Encourages Long- - Benzinga

August 6, 2022 | nasdaq.com

The five-year underlying earnings growth at Interface (NASDAQ:TILE) is promising, but the shareholders are still in the red over that time - Nasdaq

August 5, 2022 | investing.com

Interface Tops Q2 EPS by 4c; Offers FY22 Revenue Guidance By Investing.com - Investing.com

August 5, 2022 | seekingalpha.com

Interface reports Q2 earnings miss; updates FY22 guidance and issues Q3 outlook

August 5, 2022 | nasdaq.com

Interface Inc. Q2 Profit Increases, beats estimates

August 5, 2022 | finance.yahoo.com

Interface Reports Second Quarter 2022 Results

August 5, 2022 | finance.yahoo.com

Interface (TILE) Q2 Earnings Surpass Estimates

August 3, 2022 | globenewswire.com

New Intranet- and Cloud-based Monitoring and Management Interface Enhances ResGreen's BotWay Software - GlobeNewswire

August 3, 2022 | streetinsider.com

Konstellation Q2 New Product Upgrades Announced to Optimize Mainnet and User Interface - StreetInsider.com

July 29, 2022 | ca.finance.yahoo.com

Meta reverses Instagram’s interface changes after facing public backlash - Yahoo Canada Finance

July 28, 2022 | finance.yahoo.com

Here's Why Interface (NASDAQ:TILE) Has Caught The Eye Of Investors

July 26, 2022 | globenewswire.com

Interface Systems Appoints Bud Homeyer as Chief Operations Officer - GlobeNewswire

July 20, 2022 | finance.yahoo.com

Open Compute Project Foundation (OCP) Announces a Proven SoC Disaggregation Interface Specification. - Yahoo Finance

July 19, 2022 | forbes.com

As Amazon Overhauls Prime Video Interface, Keeping It Simple Is Getting More Complex - Forbes

July 18, 2022 | businesswire.com

Rambus Expands Portfolio of DDR5 Memory Interface Chips for Data Centers and PCs - Business Wire

July 18, 2022 | benzinga.com

ZorroSign Announces Launch of New User Interface on August 15th - Benzinga - Benzinga

July 18, 2022 | bloomberg.com

Brain Computer Interface Company Implants New Type of Device - Bloomberg

July 13, 2022 | globenewswire.com

Dual Interface Payment Card Market Estimated to Surpass 56.8 Billion with a CAGR of 16.2% by 2028 - Report by Vantage Market Research - GlobeNewswire

See More Headlines

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TILE Company Calendar

Ex-Dividend for 6/17 Dividend: 6/02/2022
Dividend Payable: 6/17/2022
Last Earnings: 8/05/2022
Today: 8/12/2022
Next Earnings (Estimated): 11/04/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Carpets & rugs
Sub-Industry: Office Services & Supplies
Sector: Consumer Discretionary
Current Symbol: NASDAQ:TILE
Previous Symbol: NASDAQ:IFSIA
CUSIP: 45866530
CIK: 715787
Web: www.interface.com
Phone: (800) 336-0225
Fax: 770-319-0070
Employees: 3,646
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $17.00
High Stock Price Forecast: $17.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +29.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.06
Trailing P/E Ratio: 12.40
Forward P/E Ratio: 10.86
P/E Growth: N/A
Net Income: $55.23 million
Net Margins: 4.89%
Pretax Margin: 6.90%
Return on Equity: 23.39%
Return on Assets: 6.31%

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 2.51
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $1.20 billion
Price / Sales: 0.65
Cash Flow: $2.27 per share
Price / Cash Flow: 5.79
Book Value: $5.84 per share
Price / Book: 2.25

Miscellaneous

Outstanding Shares: 59,467,000
Free Float: 58,218,000
Market Cap: $781.40 million
Optionable: Optionable
Beta: 1.76

Key Executives

Mr. Bruce A. Hausmann (Age 52)
VP & CFO
Comp: $1.07M
Mr. David B. Foshee (Age 51)
VP, Gen. Counsel & Sec.
Comp: $845.29k
Mr. Nigel Stansfield (Age 54)
VP and Division Pres of Europe, Asia, Australia & Africa (EAAA)
Comp: $1.09M
Mr. James L. Poppens (Age 57)
Pres of Interface Americas
Comp: $808.2k
Ms. Laurel M. Hurd (Age 53)
Pres, CEO & Director
Mr. Robert Pridgen (Age 45)
VP & Chief Accounting Officer
Mr. John Bradford
VP & Chief Science and Technology Officer
Mr. Jake Elson
VP & Chief Information Officer
Christine Needles
Global Head of Corp. Communications
Mr. Greg Minano
VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TILE Stock - Frequently Asked Questions

Should I buy or sell Interface stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Interface in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TILE shares.
View TILE analyst ratings or view top-rated stocks.
What is Interface's stock price forecast for 2022?: 1 brokerages have issued 12 month price objectives for Interface's stock. Their TILE share price forecasts range from $17.00 to $17.00. On average, they anticipate the company's share price to reach $17.00 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
View analysts price targets for TILE or view top-rated stocks among Wall Street analysts.
How have TILE shares performed in 2022?: Interface's stock was trading at $15.95 at the beginning of the year. Since then, TILE shares have decreased by 18.2% and is now trading at $13.04.
View the best growth stocks for 2022 here.
When is Interface's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our TILE earnings forecast.
How were Interface's earnings last quarter?: Interface, Inc. (NASDAQ:TILE) announced its quarterly earnings data on Friday, August, 5th. The textile maker reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.04. The textile maker earned $346.60 million during the quarter, compared to analysts' expectations of $357.70 million. Interface had a trailing twelve-month return on equity of 23.39% and a net margin of 4.89%. The company's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS.
How often does Interface pay dividends? What is the dividend yield for Interface?: Interface announced a quarterly dividend on Tuesday, May 17th. Stockholders of record on Friday, June 3rd will be given a dividend of $0.01 per share on Friday, June 17th. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, June 2nd.
Read our dividend analysis for TILE.
Is Interface a good dividend stock?: Interface (NASDAQ:TILE) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.31%. The dividend payout ratio is 3.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TILE will have a dividend payout ratio of 2.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TILE.
What guidance has Interface issued on next quarter's earnings?: Interface updated its third quarter 2022 earnings guidance on Friday, August, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $325.00 million-$345.00 million, compared to the consensus revenue estimate of $336.05 million.

What is Dan Hendrix's approval rating as Interface's CEO?: 10 employees have rated Interface Chief Executive Officer Dan Hendrix on Glassdoor.com. Dan Hendrix has an approval rating of 66% among the company's employees.
What other stocks do shareholders of Interface own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Interface investors own include Ford Motor (F), Pfizer (PFE), Bank of America (BAC), First Solar (FSLR), General Electric (GE), Raytheon Technologies (RTX), Enterprise Products Partners (EPD), Gilead Sciences (GILD), General Motors (GM) and Tapestry (TPR).
What is Interface's stock symbol?: Interface trades on the NASDAQ under the ticker symbol "TILE."
Who are Interface's major shareholders?: Interface's stock is owned by a variety of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (5.81%), Matthew 25 Management Corp (1.62%), Ceredex Value Advisors LLC (1.55%), Royce & Associates LP (1.25%), Reynders McVeigh Capital Management LLC (1.19%) and Principal Financial Group Inc. (0.64%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Interface's stock price today?: One share of TILE stock can currently be purchased for approximately $13.04.
How much money does Interface make?: Interface (NASDAQ:TILE) has a market capitalization of $775.49 million and generates $1.20 billion in revenue each year. The textile maker earns $55.23 million in net income (profit) each year or $1.06 on an earnings per share basis.
How many employees does Interface have?: The company employs 3,646 workers across the globe.
How can I contact Interface?: Interface's mailing address is 1280 WEST PEACHTREE STREET, ATLANTA GA, 30309. The official website for the company is www.interface.com. The textile maker can be reached via phone at (800) 336-0225, via email at investor@interface.com, or via fax at 770-319-0070.

This page (NASDAQ:TILE) was last updated on 8/13/2022 by MarketBeat.com Staff

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Interface - TILE Stock Forecast, Price & News

Interface MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Interface (NASDAQ:TILE) Stock

Wall Street Analyst Weigh In

Interface Price Performance

Interface Announces Dividend

TILE Stock News Headlines

TILE Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TILE Stock - Frequently Asked Questions

Should I buy or sell Interface stock right now?

What is Interface's stock price forecast for 2022?

How have TILE shares performed in 2022?

When is Interface's next earnings date?

How were Interface's earnings last quarter?

How often does Interface pay dividends? What is the dividend yield for Interface?

Is Interface a good dividend stock?

What guidance has Interface issued on next quarter's earnings?

What is Dan Hendrix's approval rating as Interface's CEO?

What other stocks do shareholders of Interface own?

What is Interface's stock symbol?

Who are Interface's major shareholders?

How do I buy shares of Interface?

What is Interface's stock price today?

How much money does Interface make?

How many employees does Interface have?

How can I contact Interface?

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