Interface Inc (NASDAQ:TILE) Stock Price While Sentiment Improves

April 16, 2018 - By Richard Conner

Interface, Inc. (NASDAQ:TILE) Logo

Sentiment for Interface Inc (NASDAQ:TILE)

Interface Inc (NASDAQ:TILE) institutional sentiment increased to 1.17 in Q4 2017. Its up 0.35, from 0.82 in 2017Q3. The ratio is better, as 88 active investment managers opened new or increased positions, while 75 sold and decreased positions in Interface Inc. The active investment managers in our partner’s database now possess: 52.07 million shares, down from 52.72 million shares in 2017Q3. Also, the number of active investment managers holding Interface Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 65 Increased: 42 New Position: 46.

Interface, Inc. designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company has market cap of $1.53 billion. It offers modular carpets under the Interface and FLOR brands; carpet tiles under the GlasBacRE brand name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; and luxury vinyl tile products. It has a 29.92 P/E ratio. The firm also provides an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.

The stock increased 1.58% or $0.4 during the last trading session, reaching $25.7. About 63,779 shares traded. Interface, Inc. (NASDAQ:TILE) has risen 33.07% since April 16, 2017 and is uptrending. It has outperformed by 21.52% the S&P500.

Analysts await Interface, Inc. (NASDAQ:TILE) to report earnings on April, 25. They expect $0.24 EPS, up 14.29 % or $0.03 from last year’s $0.21 per share. TILE’s profit will be $14.28M for 26.77 P/E if the $0.24 EPS becomes a reality. After $0.32 actual EPS reported by Interface, Inc. for the previous quarter, Wall Street now forecasts -25.00 % negative EPS growth.

Walthausen & Co. Llc holds 1.45% of its portfolio in Interface, Inc. for 611,660 shares. Rice Hall James & Associates Llc owns 858,185 shares or 0.85% of their US portfolio. Moreover, Deprince Race & Zollo Inc has 0.62% invested in the company for 1.11 million shares. The Massachusetts-based Frontier Capital Management Co Llc has invested 0.5% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 42,051 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 sale for $619,650 activity.

Interface, Inc. (NASDAQ:TILE) Ratings Coverage

Ratings analysis reveals 75% of Interface’s analysts are positive. Out of 4 Wall Street analysts rating Interface, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $25.0 while the high is $29.0. The stock’s average target of $27.50 is 7.00% above today’s ($25.7) share price. TILE was included in 5 notes of analysts from October 26, 2017. The company was maintained on Thursday, October 26 by SunTrust. The firm earned “Hold” rating on Thursday, February 22 by Stifel Nicolaus. As per Friday, February 23, the company rating was maintained by Seaport Global. The stock has “Buy” rating by SunTrust on Thursday, February 22. The stock of Interface, Inc. (NASDAQ:TILE) earned “Buy” rating by Nomura on Friday, October 27.

Interface, Inc. (NASDAQ:TILE) Institutional Positions Chart

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