Alert: Rating Downgrade (12/15/23)-Interface Inc (NASDAQ: TILE).


Stock Rating Downgrade

The Value Trend Rating for Interface Inc (NASDAQ: TILE) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.


Recent Price Action

On 12/15/23, Interface Inc (NASDAQ: TILE) stock enjoyed a large increase of 2.7%, closing at $12.31. Moreover, exceptionally high trading volume at 699% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 11.2% during the last week.

Current PriceTarget Research Rating

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

Interface has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Interface has a slightly negative Appreciation Score of 37 but a very high Power Rating of 89, producing the High Neutral Value Trend Rating.

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