Interface, Inc.: Strong Q1 Performance and Raised Guidance Justify Buy Rating
TipRanks (Fri, 3-May 2:25 PM ET)
Interface, Inc. Unveils Updated Investor Presentation
TipRanks (Fri, 3-May 6:52 AM ET)
Interface beats top-line and bottom-line estimates; initiates Q2 and raises FY24 sales outlook
Seeking Alpha News (Fri, 3-May 5:38 AM ET)
Interface Reports First Quarter 2024 Results
Business Wire (Fri, 3-May 5:30 AM ET)
Interface Commits to Absolute Emission Reduction Efforts to Solve Climate Crisis
Business Wire (Mon, 22-Apr 7:00 AM ET)
Interface, Inc. to Host First Quarter 2024 Results Conference Call on May 3, 2024
Business Wire (Fri, 5-Apr 9:00 AM ET)
Interface Brings Performance and Sophisticated Style with New Carpet Tile Collections
Business Wire (Tue, 2-Apr 9:00 AM ET)
Interface Declares Regular Quarterly Dividend
Business Wire (Tue, 12-Mar 4:05 PM ET)
Interface Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Tue, 27-Feb 5:30 AM ET)
FLOR Launches Area Rug Collaboration with Fashion Designer Trina Turk
Business Wire (Thu, 15-Feb 9:00 AM ET)
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 May 8, 2024, TILE stock price declined to $15.95 with 416,087 million shares trading.
TILE has a beta of 1.80, meaning it tends to be more sensitive to market movements. TILE has a correlation of 0.32 to the broad based SPY ETF.
TILE has a market cap of $926.81 million. This is considered a Small Cap stock.
Last quarter Interface reported $290 million in Revenue and $.24 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.12.
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 return of +114.3%, while the SPY ETF gained +27.0%. In the last 3 month period, TILE beat the market returning +26.5%, while SPY returned +4.2%. However, in the most recent 2 weeks TILE has underperformed the stock market by returning -1.2%, while SPY returned +2.3%.
TILE support price is $15.78 and resistance is $16.60 (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.