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According to Zacks, brokerages expect Interface, Inc. (NASDAQ: TILE) to announce sales of $324.5 million for the quarter. The two analysts estimated the earnings of Interface. The minimum sales are estimated at 324 million U.S. dollars, and the highest is 325 million U.S. dollars. Interface's sales in the same period last year were US$27695 million, a year-on-year increase of 17.2%. The business plans to report its next earnings results on Tuesday, March 1.

On average, analysts expect Interplanetary's full-year sales this fiscal year to reach 1.19 billion U.S. dollars. Analysts predict that the company's sales in the next fiscal year will reach 1.27 billion U.S. dollars, which is estimated to be between 1.26 billion and 1.29 billion U.S. dollars. Zacks’ sales calculations are based on averages from a survey of seller research analysts who follow Interface.

Interface (NASDAQ: TILE) last released its quarterly earnings results on Friday, November 5. The textile manufacturer reported earnings per share of US$0.29 for the quarter, which was US$0.01 higher than the Zacks consensus estimate of US$0.28. Interface's return on equity is 18.40%, and its net profit margin is 4.66%. The company's revenue for the quarter was 312.7 million U.S. dollars, while analysts expected it to be 315.2 million U.S. dollars. In the same period last year, the company's earnings per share were $0.28. Interface's quarterly revenue increased by 12.2% year-on-year.

Several stock research analysts recently weighed TILE stock. In a research report on Monday, November 8th, Raymond James upgraded Interface’s stock from a “market performance” rating to an “outperform” rating and set a price target of $19.00 for the stock . In a research report on Wednesday, November 10th, Zacks Investment Research upgraded Interface's stock from a "hold" rating to a "buy" rating and set a price target of $19.00 for the stock.

Interface stock opened at $15.83 on Friday. The stock has a market capitalization of US$93492 million, a P/E ratio of 17.59, and a beta of 1.86. The interface has a 1-year low of $8.77 and a 1-year high of $18.03. The stock's fifty-day moving average is $15.55, and its two-hundred-day moving average is $15.09. The company's debt-to-equity ratio is 1.51, current ratio is 2.28, and quick ratio is 1.19.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 17. Shareholders of record on Friday, December 3rd will receive a dividend of $0.01. This means that the annualized dividend is $0.04 and the yield is 0.25%. The ex-dividend date for this dividend is Thursday, December 2. Interface's payout ratio (DPR) is 4.44%.

Many hedge funds and other institutional investors have recently bought and sold shares of the company. The Bank of New York Mellon's interface position increased by 1.0% in the third quarter. The Bank of New York Mellon purchased 6,598 shares last quarter and now owns 694,772 shares of the textile manufacturer, valued at US$10,526,000. BNP Paribas Arbitrage SA increased its position in Interface by 132.7% in the third quarter. After BNP Paribas Arbitrage SA purchased an additional 35,164 shares in the previous quarter, it now owns 61,662 shares of the textile manufacturer, valued at US$934,000. New York Metropolitan Life Insurance Company's position in the interface increased by 16.1% in the third quarter. After purchasing an additional 2,037 shares in the last quarter, Metropolitan Life Insurance Company of New York now owns 14,669 shares of the textile manufacturer, valued at $222,000. Capital World Investors increased its holdings of Interface stock by 2.3% in the third quarter. After increasing its holdings of 104,720 shares in the previous quarter, Capital World Investors now owns 4,721,060 shares of the textile manufacturer, valued at US$71,524,000. Finally, Man Group plc purchased a new position in Interface stock worth approximately $218,000 in the third quarter. Hedge funds and other institutional investors hold 88.61% of the company's shares.

Interface, Inc is a flooring company that provides square carpets and resilient flooring, including luxury vinyl floor tiles and rubber flooring products. The company designs, manufactures and sells modular carpets, manufactures for the commercial and institutional markets under the interface brand, and manufactures FLOR modular carpets for the consumer market.

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