BidaskClub upgraded shares of Interface (NASDAQ:TILE) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

Other analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Interface from a hold rating to a buy rating and set a $26.00 price target for the company in a research note on Saturday, October 28th. Nomura increased their price target on shares of Interface from $24.00 to $28.00 and gave the stock a buy rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus reiterated a hold rating and set a $23.00 price target on shares of Interface in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $25.67.

Interface (NASDAQ:TILE) opened at $25.05 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.51 and a quick ratio of 1.40. The company has a market cap of $1,515.31, a price-to-earnings ratio of 29.47 and a beta of 1.35. Interface has a 52-week low of $17.17 and a 52-week high of $25.70.

Interface (NASDAQ:TILE) last posted its earnings results on Wednesday, October 25th. The textile maker reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.02. The firm had revenue of $257.43 million for the quarter, compared to the consensus estimate of $255.63 million. Interface had a net margin of 5.53% and a return on equity of 21.39%. The company’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm posted $0.25 EPS. research analysts predict that Interface will post 1.15 earnings per share for the current fiscal year.

In related news, Director Daniel T. Hendrix sold 6,000 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of $21.79, for a total transaction of $130,740.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. lifted its stake in shares of Interface by 3.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 430,386 shares of the textile maker’s stock worth $8,458,000 after acquiring an additional 16,228 shares during the period. State Street Corp lifted its stake in shares of Interface by 3.1% in the 2nd quarter. State Street Corp now owns 1,580,198 shares of the textile maker’s stock worth $31,057,000 after acquiring an additional 46,986 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Interface by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,112,169 shares of the textile maker’s stock worth $41,504,000 after acquiring an additional 36,699 shares during the period. Parametric Portfolio Associates LLC lifted its stake in shares of Interface by 19.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 89,748 shares of the textile maker’s stock worth $1,764,000 after acquiring an additional 14,866 shares during the period. Finally, OxFORD Asset Management LLP acquired a new stake in shares of Interface in the 2nd quarter worth $601,000. Institutional investors own 92.28% of the company’s stock.

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About Interface

Interface Inc is engaged in design, production and sale of modular carpet, also known as carpet tile. As of January 1, 2017, the Company marketed its modular carpets in over 110 countries under the brand names Interface and FLOR. The Company operates through three segments: Americas, Europe and Asia-Pacific.

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