Interface (TILE)

• Market cap: $1.43B
• 1 day: -0.49%
• 5 days: -5.83%
• 1 month: -3.69%
• 3 months: 29.31%
• 6 months: 67.90%
• Year to date: 94.84%
• 1 year: 100.08%
• 5 years: 42.70%
• 10 years: 50.58%
• Sector: Consumer Discretionary
• Industry: Carpets & Rugs

About: Interface Inc is engaged in the design, production, and sale of carpet tiles. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific. It has two operating and reportable segments - AMS and EAAA.

Employees: 3,619

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,067% more call options, than puts

Call options by funds: $245K | Put options by funds: $21K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

68% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 25

25% more capital invested

Capital invested by funds: $820M [Q2] → $1.03B (+$207M) [Q3]

8% more funds holding

Funds holding: 211 [Q2] → 228 (+17) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 73

3.07% less ownership

Funds ownership: 95.98% [Q2] → 92.91% (-3.07%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $30 22% upside
• Avg. target: $30 22% upside
• High target: $30 22% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Alexander Paris 78% 1-year accuracy 86 / 110 met price target

22% upside $30

Outperform Maintained

11 Dec 2024