Interface Inc. (NASDAQ: TILE)’s stock price has soared by 1.02 in relation to previous closing price of 15.64. Nevertheless, the company has seen a loss of -4.30% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-11 that Five small-cap stocks for investment are: UTI, DEC, RM, YEXT, TILE.
Is It Worth Investing in Interface Inc. (NASDAQ: TILE) Right Now?
The price-to-earnings ratio for Interface Inc. (NASDAQ: TILE) is above average at 20.88x. The 36-month beta value for TILE is also noteworthy at 2.00. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for TILE is 56.14M, and at present, short sellers hold a 2.02% of that float. The average trading volume of TILE on April 12, 2024 was 360.43K shares.
TILE’s Market Performance
TILE’s stock has seen a -4.30% decrease for the week, with a 3.07% rise in the past month and a 29.93% gain in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 3.50% for Interface Inc. The simple moving average for the last 20 days is -4.20% for TILE’s stock, with a simple moving average of 38.83% for the last 200 days.
Analysts’ Opinion of TILE
Many brokerage firms have already submitted their reports for TILE stocks, with Longbow repeating the rating for TILE by listing it as a “Buy.” The predicted price for TILE in the upcoming period, according to Longbow is $18 based on the research report published on March 01, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see TILE reach a price target of $9, previously predicting the price at $13. The rating they have provided for TILE stocks is “Hold” according to the report published on February 22nd, 2023.
Raymond James gave a rating of “Outperform” to TILE, setting the target price at $19 in the report published on November 08th of the previous year.
TILE Trading at 5.93% from the 50-Day Moving Average
After a stumble in the market that brought TILE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.46% of loss for the given period.
Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +2.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.82% upper at present.
During the last 5 trading sessions, TILE fell by -4.30%, which changed the moving average for the period of 200-days by +89.90% in comparison to the 20-day moving average, which settled at $16.51. In addition, Interface Inc. saw 25.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TILE starting from Nigel Stansfield, who sale 8,764 shares at the price of $10.31 back on Aug 11 ’23. After this action, Nigel Stansfield now owns 198,321 shares of Interface Inc., valued at $90,368 using the latest closing price.
Stock Fundamentals for TILE
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.35 for the gross margin
The net margin for Interface Inc. stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 11.23, with 3.54 for asset returns.
Based on Interface Inc. (TILE), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is 3.43.
Currently, EBITDA for the company is 147.97 million with net debt to EBITDA at 2.8. When we switch over and look at the enterprise to sales, we see a ratio of 1.05. The receivables turnover for the company is 7.72for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.72.
Conclusion
In summary, Interface Inc. (TILE) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
