Interface Inc. (TILE) Stock Up 0.16%: Is It a Good Investment?

A share price of Interface Inc. [TILE] is currently trading at $18.60, up 0.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TILE shares have gain 4.26% over the last week, with a monthly amount glided 3.16%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Interface Inc. [NASDAQ: TILE] stock has seen the most recent analyst activity on April 15, 2024, when Barrington Research initiated its Outperform rating and assigned the stock a price target of $20. Previously, Longbow upgraded its rating to Buy on March 01, 2023, and kept the price target unchanged to $18. On February 22, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $9 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $19 on November 08, 2021. Raymond James upgraded its rating to a Mkt Perform. Longbow downgraded its rating to Neutral for this stock on October 28, 2019. In a note dated August 14, 2018, Longbow upgraded an Buy rating on this stock.

Interface Inc. experienced fluctuations in its stock price throughout the past year between $8.26 and $19.45. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Interface Inc. [NASDAQ: TILE] shares were valued at $18.60 at the most recent close of the market. An investor can expect a potential return of 18.28% based on the average TILE price forecast.

Analyzing the TILE fundamentals

Trailing Twelve Months sales for Interface Inc. [NASDAQ:TILE] were 1.27B which represents 5.17% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.31 points at the first support level, and at 18.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.78, and for the 2nd resistance point, it is at 18.96.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Interface Inc. [NASDAQ:TILE] is 2.76. Further, the Quick Ratio stands at 1.45, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 2.40 and price to earnings (TTM) ratio is 16.57.

Transactions by insiders

Recent insider trading involved HENDRIX DANIEL T, Director, that happened on Aug 23 ’24 when 20000.0 shares were sold. Director, HENDRIX DANIEL T completed a deal on Aug 23 ’24 to buy 20000.0 shares. Meanwhile, Director HENDRIX DANIEL T sold 3555.0 shares on Aug 21 ’24.

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