Interface Inc (NASDAQ:TILE) shares, rose in value on Friday, June 20, with the stock price up by 0.25% to the previous day’s close as strong demand from buyers drove the stock to $20.12.
Actively observing the price movement in the last trading, the stock closed the session at $20.07. The PE ratio was 13.88 over 12-month period. Referring to stock’s 52-week performance, its high was $27.34, and the low was $14.12. On the whole, TILE has fluctuated by -3.41% over the past month.
With the market capitalization of Interface Inc currently standing at about $1.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-02. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.36B, with a low estimate of 358.22M and a high estimate of 363.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 360.57M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TILE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.25, with the price of TILE currently trading nearly -0.74% and 1.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.46, while the 7-day volatility ratio is showing 1.23% which for the 30-day chart, stands at 1.98%. Furthermore, Interface Inc (TILE)’s beta value is 1.99, and its average true range (ATR) is 0.53.
A comparison of Interface Inc (TILE) with its peers suggests the former has fared considerably weaker in the market. TILE showed an intraday change of 0.25% in last session, and over the past year, it grew by 35.22%%.
Data on historical trading for Interface Inc (NASDAQ:TILE) indicates that the trading volumes over the past 3 months, they’ve averaged 448.44K. According to company’s latest data on outstanding shares, there are 58.61 million shares outstanding.
Nearly 3.12% of Interface Inc’s shares belong to company insiders and institutional investors own 101.60% of the company’s shares. The stock has fallen by -17.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TILE stock heading into the next quarter.
