Interface (NASDAQ:TILE) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Monday.

A number of other equities research analysts have also commented on TILE. ValuEngine lowered shares of Interface from a “buy” rating to a “hold” rating in a report on Thursday, May 24th. Zacks Investment Research raised shares of Interface from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Saturday, April 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $25.67.

Shares of NASDAQ:TILE opened at $22.60 on Monday. Interface has a 12 month low of $18.30 and a 12 month high of $26.25. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.44 and a current ratio of 2.60. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 19.15 and a beta of 1.24.

Interface (NASDAQ:TILE) last issued its quarterly earnings data on Wednesday, April 25th. The textile maker reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Interface had a net margin of 5.88% and a return on equity of 22.51%. The firm had revenue of $241.00 million for the quarter, compared to analyst estimates of $234.96 million. During the same quarter in the prior year, the firm earned $0.21 EPS. The company’s revenue was up 9.0% on a year-over-year basis. analysts expect that Interface will post 1.43 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. Millennium Management LLC lifted its position in Interface by 611.0% during the 4th quarter. Millennium Management LLC now owns 960,638 shares of the textile maker’s stock valued at $24,160,000 after purchasing an additional 825,536 shares during the period. Stone Ridge Asset Management LLC acquired a new position in Interface during the 4th quarter valued at about $1,205,000. Wells Fargo & Company MN lifted its position in Interface by 6.3% during the 4th quarter. Wells Fargo & Company MN now owns 804,266 shares of the textile maker’s stock valued at $20,227,000 after purchasing an additional 47,408 shares during the period. Deutsche Bank AG lifted its position in Interface by 79.7% during the 4th quarter. Deutsche Bank AG now owns 551,855 shares of the textile maker’s stock valued at $13,877,000 after purchasing an additional 244,707 shares during the period. Finally, Citadel Advisors LLC lifted its position in Interface by 114.0% during the 4th quarter. Citadel Advisors LLC now owns 78,964 shares of the textile maker’s stock valued at $1,986,000 after purchasing an additional 42,063 shares during the period. Institutional investors own 93.00% of the company’s stock.

About Interface

Interface, Inc, a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and FLOR names; carpet tiles under the GlasBacRE 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.

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