TILE Stock Summary and Trading Ideas (Interface | NASDAQ:TILE)

Interface Inc is engaged in the design, production, and sale of carpet tiles. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific. It has two operating and reportable segments - AMS and EAAA.

Interface trades on the NASDAQ stock market under the symbol TILE.

As of April 26, 2024, TILE stock price climbed to $15.61 with 384,569 million shares trading.

TILE has a beta of 1.82, meaning it tends to be more sensitive to market movements. TILE has a correlation of 0.34 to the broad based SPY ETF.

TILE has a market cap of $907.05 million. This is considered a Small Cap stock.

Last quarter Interface reported $325 million in Revenue and $.41 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.18.

In the last 3 years, TILE stock traded as high as $18.47 and as low as $6.51.

The top ETF exchange traded funds that TILE belongs to (by Net Assets): IJR, CALF, VTI, IWM, AVUV.

TILE has outperformed the market in the last year with a price return of +107.3% while the SPY ETF gained +26.8%. TILE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +26.8% and -1.2%, respectively, while the SPY returned +4.5% and -1.9%, respectively.

TILE support price is $14.89 and resistance is $15.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TILE stock will trade within this expected range on the day.