Interface Inc (TILE) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Interface Inc (NASDAQ: TILE) is above average at 18.29x. The 36-month beta value for TILE is also noteworthy at 2.11. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for TILE is 56.56M, and at present, short sellers hold a 2.28% of that float. The average trading volume of TILE on December 13, 2024 was 550.97K shares.

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TILE) stock’s latest price update

Interface Inc (NASDAQ: TILE) has seen a decline in its stock price by -0.23 in relation to its previous close of 26.33. However, the company has experienced a -0.94% decline in its stock price over the last five trading sessions. zacks.com reported 2024-12-09 that Interface (TILE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

TILE’s Market Performance

Interface Inc (TILE) has seen a -0.94% fall in stock performance for the week, with a 2.70% gain in the past month and a 38.12% surge in the past quarter. The volatility ratio for the week is 2.73%, and the volatility levels for the past 30 days are at 2.79% for TILE. The simple moving average for the past 20 days is 0.96% for TILE’s stock, with a 45.99% simple moving average for the past 200 days.

Analysts’ Opinion of TILE

Many brokerage firms have already submitted their reports for TILE stocks, with Barrington Research repeating the rating for TILE by listing it as a “Outperform.” The predicted price for TILE in the upcoming period, according to Barrington Research is $20 based on the research report published on April 15, 2024 of the current year 2024.

Longbow, on the other hand, stated in their research note that they expect to see TILE reach a price target of $18. The rating they have provided for TILE stocks is “Buy” according to the report published on March 01st, 2023.

Truist gave a rating of “Hold” to TILE, setting the target price at $9 in the report published on February 22nd of the previous year.

TILE Trading at 15.10% 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 -3.91% of loss for the given period.

Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 2.73%, as shares surge +3.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.32% upper at present.

During the last 5 trading sessions, TILE fell by -0.90%, which changed the moving average for the period of 200-days by +67.18% in comparison to the 20-day moving average, which settled at $26.02. In addition, Interface Inc saw 108.16% 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 Foshee David B, who sale 15,175 shares at the price of $26.27 back on Dec 04 ’24. After this action, Foshee David B now owns 202,398 shares of Interface Inc, valued at $398,647 using the latest closing price.

HENDRIX DANIEL T, the Director of Interface Inc, sale 24,500 shares at $26.03 during a trade that took place back on Dec 05 ’24, which means that HENDRIX DANIEL T is holding 128,647 shares at $637,735 based on the most recent closing price.

Stock Fundamentals for TILE

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.37 for the gross margin

The net margin for Interface Inc stands at 0.06. The total capital return value is set at 0.14. Equity return is now at value 18.98, with 6.90 for asset returns.

Based on Interface Inc (TILE), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 5.75.

Currently, EBITDA for the company is 140.41 million with net debt to EBITDA at 1.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.4. The receivables turnover for the company is 7.51for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.57.

Conclusion

In summary, Interface Inc (TILE) has had a better performance as of late. Analysts have bullish 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.

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