Is there a Bearish outlook for Interface, Inc. (NASDAQ:TILE) this week?

June 14, 2018 - By Michael Collier

Interface, Inc. (NASDAQ:TILE) LogoInvestors sentiment decreased to 1.1 in 2018 Q1. Its down 0.07, from 1.17 in 2017Q4. It worsened, as 13 investors sold Interface, Inc. shares while 65 reduced holdings. 31 funds opened positions while 55 raised stakes. 50.91 million shares or 2.23% less from 52.07 million shares in 2017Q4 were reported.
State Of Tennessee Treasury Department has 0.01% invested in Interface, Inc. (NASDAQ:TILE) for 43,104 shares. Prudential has invested 0% in Interface, Inc. (NASDAQ:TILE). Teacher Retirement System Of Texas invested in 13,346 shares or 0% of the stock. Moreover, Ariel Investments Limited Liability Company has 0.26% invested in Interface, Inc. (NASDAQ:TILE). Ubs Asset Mgmt Americas has 0% invested in Interface, Inc. (NASDAQ:TILE). Tower Rech Capital (Trc) has invested 0% in Interface, Inc. (NASDAQ:TILE). Parkside Fin National Bank And, Missouri-based fund reported 50 shares. Arizona State Retirement Sys reported 93,659 shares. Aqr Mngmt Limited Liability Company has invested 0.01% in Interface, Inc. (NASDAQ:TILE). Goldman Sachs Grp holds 258,112 shares. Walthausen & Company Ltd Liability Corp holds 1.46% or 588,630 shares. First Interstate Bankshares owns 535 shares or 0% of their US portfolio. Moreover, Ameritas Investment Ptnrs Inc has 0.01% invested in Interface, Inc. (NASDAQ:TILE) for 5,094 shares. Hsbc Public Ltd holds 0% or 15,972 shares in its portfolio. 61,176 are held by State Board Of Administration Of Florida Retirement Systems.

Interface, Inc. (NASDAQ:TILE) Ratings Coverage

Among 3 analysts covering Interface (NASDAQ:TILE), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Interface has $29.0 highest and $25.0 lowest target. $27.33’s average target is 14.83% above currents $23.8 stock price. Interface had 3 analyst reports since February 22, 2018 according to SRatingsIntel. As per Friday, February 23, the company rating was maintained by Seaport Global. The rating was maintained by SunTrust with “Buy” on Thursday, February 22. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, February 22 report. Below is a list of Interface, Inc. (NASDAQ:TILE) latest ratings and price target changes.

23/02/2018 Broker: Seaport Global Rating: Buy New Target: $28.0 Maintain
22/02/2018 Broker: SunTrust Rating: Buy New Target: $29.0 Maintain
22/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $25.0 Maintain

The stock increased 0.42% or $0.1 during the last trading session, reaching $23.8. About 282,597 shares traded. Interface, Inc. (NASDAQ:TILE) has risen 11.22% since June 14, 2017 and is uptrending. It has underperformed by 1.35% the S&P500.

Interface, Inc. designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company has market cap of $1.42 billion. It offers modular carpets under the Interface and FLOR brands; carpet tiles under the GlasBacRE brand 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. It has a 24.24 P/E ratio. The firm also provides an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.

Another recent and important Interface, Inc. (NASDAQ:TILE) news was published by Prnewswire.com which published an article titled: “Interface Offers Carbon Neutral Flooring Across Entire Global Product Portfolio” on June 11, 2018.

Interface, Inc. (NASDAQ:TILE) Institutional Positions Chart

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