In Friday’s Wall Street session, Interface Inc (NASDAQ:TILE) shares traded at $23.16, up 1.22% from the previous session.
TILE stock price is now -5.36% away from the 50-day moving average and 17.75% away from the 200-day moving average. The market capitalization of the company currently stands at $1.35B.
With the price target of $20, Barrington Research recently initiated with Outperform rating for Interface Inc (NASDAQ: TILE). On March 01, 2023, Longbow Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $18, while ‘Truist’ rates the stock as ‘Hold’
In other news, HENDRIX DANIEL T, Director sold 12,500 shares of the company’s stock on Feb 03 ’25. The stock was sold for $297,250 at an average price of $23.78. Upon completion of the transaction, the Director now directly owns 103,647 shares in the company, valued at $2.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Director HENDRIX DANIEL T bought 12,500 shares of the business’s stock. A total of $297,242 was incurred on buying the stock at an average price of $23.78. A total of 2.84% of the company’s stock is owned by insiders.
During the past 12 months, Interface Inc has had a low of $12.84 and a high of $27.34. As of last week, the company has a debt-to-equity ratio of 0.86, a current ratio of 2.57, and a quick ratio of 1.38. According to the stock market information, the enterprise value for the company is $1666310656, which is based on a 16.13 price-to-earnings ratio, a 0.80 price-to-earnings-growth ratio, and a beta of 2.16. The fifty day moving average price for TILE is $24.4726 and a two-hundred day moving average price translates $19.66935 for the stock.
The latest earnings results from Interface Inc (NASDAQ: TILE) was released for 2024-09-29. The net profit margin was 6.46% and return on equity was 18.98% for TILE. The company reported revenue of $344.27 million for the quarter, compared to $311.01 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.7 percent.
