Alert: Positive Investment/Fundamental Signals (3/13/24)-Interface Inc (NASDAQ: TILE)

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Important positive changes in Interface Inc (NASDAQ: TILE) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Interface Inc (NASDAQ: TILE). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, TILE is expected to continue to be an important Value Builder.

Interface has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Interface has a slightly negative Appreciation Score of 31 but a very high Power Rating of 99, and the Positive Value Trend Rating results.

Recent Price Action

Interface Inc (NASDAQ: TILE) stock closed at $15.43 on 3/13/24 after a modest gain of 0.7%. Moreover, trading volume in this advance was exceptionally high at 220% of normal. The stock has risen 2.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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