Interface, Inc.'s (NASDAQ:TILE) P/E Is Still On The Mark Following 26% Share Price Bounce
Interface, Inc. Shares have gained 26% in the last 30 days and are up 67% in last year. The company's price-to-earnings ratio is 20.4x compared to the market's average of 16x. The stock is trading at a high P/E ratio due to its forecast growth. However, the company grew earnings by 125% last year and is expected to do well in the future.
Simply Wall St · 1d ago
MillerKnoll: Cautiously Optimistic At Current Levels
MillerKnoll's recent financial results show a decline in revenue due to economic factors, but its bottom line has improved. Furniture and lifestyle retail companies have experienced pain from economic uncertainty. The company's profitability metrics and cash flows have shown improvement. MillerKnoll warrants cautious optimism for the future.
Seeking Alpha · 1d ago
Truist Securities Maintains Hold on Interface, Raises Price Target to $14
Benzinga · 4d ago
Analysts Offer Insights on Industrial Goods Companies: Virgin Galactic Holdings (SPCE), Aaron’s Company (AAN) and Interface (TILE)
TipRanks · 4d ago
Why Interface Stock Is Up Big Today
Interface reported better-than-expected fourth-quarter earnings and an upbeat forecast for 2024. The flooring specialist's shares are up 11%. The company says it is managing the economic headwinds in real estate well. The company's stock is now up 65% in the past year.
The Motley Fool · 5d ago
Interface Updates Investor Presentation Materials
TipRanks · 5d ago
Interface GAAP EPS of $0.33, revenue of $325.1M
interface reports Q4 GAAP EPS of $0.33, revenue of $325.1M. Gross profit margin increased to 37.9%, up 646 basis points year-over-year. The company anticipates the first quarter of fiscal year 2024 to be $280 million.
Seeking Alpha · 5d ago
Interface Q4 Adj. EPS $0.41 Beats $0.23 Estimate, Sales $325.10M Beat $321.80M Estimate
interface reported quarterly earnings of $0.41 per share. The company reported quarterly sales of $325.10 million. Interface beat the analyst consensus estimate of $321.80 million for the same period last year. It is the company's second quarter of the year.
Benzinga · 5d ago
Interface: Q4 Earnings Snapshot
Atlanta-based carpet tile company reported net income of $19.6 million in fourth quarter. Carpet tile company posted revenue of $325.1 million in the period. For the year, company reported profit of $44.5 million. Interface expects revenue in the range of $1.26 billion for the current quarter.
Barchart · 5d ago
Interface Reports Fourth Quarter and Full Year 2023 Results
Fourth quarter net sales totaled $325.1 million, down 3.1% year-over-year. Gross profit margin increased to 37.9% in the fourth quarter. Full fiscal year sales were down 2.8% to $1,261.5 million. Education remains a standout market segment for Interface.
Barchart · 5d ago
Weekly Report: what happened at TILE last week (0219-0223)?
Weekly Report · 6d ago
Webull provides a variety of real-time TILE stock news. You can receive the latest news about Interface Inc through multiple platforms. This information may help you make smarter investment decisions.
About TILE
Interface Inc. is a global flooring company. The Company is specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT), vinyl sheets, and nora rubber flooring. Its segments include Americas (AMS) and Europe, Africa, Asia and Australia (EAAA). The AMS segment includes the United States, Canada and Latin America geographic areas. It markets modular carpet under the brand names Interface and FLOR, and it market LVT and vinyl sheets under the brand Interface. It produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its product include LVT. LVT shares many of the same attributes and benefits as carpet tile. It offers rubber flooring products under the noraplan and norament brands, which include in its resilient flooring portfolio.