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TILE $25.21

TILE target price
25.21
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Interface, Inc.
Type
Public
Traded as NASDAQ: TILE
S&P 600 Component
Industry Textile industry
Founded LaGrange, Georgia (1973)
Founder Ray C. Anderson
Headquarters Atlanta, Georgia
Number of locations
33 manufacturing plants
Area served
Americas, Europe, Asia-Pacific
Key people

Daniel T. Hendrix
(Chairman, President, CEO 2001-2017)

Jay Gould (CEO 2017 )
Products Carpets
Revenue Decrease US$ 932.02 million (2012)
Operating income
Decrease US$ 64.6 million (2012)
Net income
Decrease US$ 5.9 million (2012)
Total assets Increase US$ 789.36 million (2012)
Total equity Increase US$ 295.70 million (2012)
Number of employees
3,146 (2013)
Divisions Heuga Home Flooring
Subsidiaries FLOR
Website www.interface.com

Daniel T. Hendrix
(Chairman, President, CEO 2001-2017)

Interface, Inc., is the world's largest manufacturer of modular carpet for commercial and residential applications. It was founded in 1973, and is based in Atlanta, Georgia.

In 1973, Carpets International was founded by Ray Anderson. In the same decade, Interface introduced GlasBac, a patented structured backing system that has become the industry standard for high-performance modular backings. They also introduced Intersept, a proprietary antimicrobial preservationsless.

Interface sells commercial and residential carpets. Its founder and chairman, Ray Anderson, was featured in the documentary film The Corporation discussing environmental sustainability in modern business. Interface's initial innovation was manufacturing "the first free-lay carpet tiles in America". Then, starting in 1994, Interface focused on environmental sustainability, especially in reducing the use of petroleum. Since 1996, Interface chose to adopt an innovation-based green strategy. In a short period, it managed to reduce its impact on the environment by one third. In 2006, Interface announced a program called Mission Zero with a goal of eliminating any negative impact the company may have on the environment by 2020.

On May 9, 2007, Interface was recognized as Recyclers of the Year by the Carpet America Recovery Effort (CARE). Interface was voted number one in Globespan's survey of environmentally sustainable businesses. They are also the recipient of a Queen’s Award for Sustainable Development.

Consumer advocate Ralph Nader has heralded Ray Anderson and Interface for their sincere commitment to sustainability and protecting the planet's natural resources.

InterfaceFLOR manufactures carpet squares or carpet tiles. The squares are unlike conventional rolled carpeting, as they can be easily removed or replaced.

Heuga Home Flooring is a European carpet company and a division of Interface. The company is headquartered in Scherpenzeel, Gelderland.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-03 Future report Set alerts
Q2 2022 2022-08-05 0.36 0.36
Q1 2022 2022-05-06 0.28 0.28
Q4 2021 2022-03-01 0.47 0.47
Q3 2021 2021-11-05 0.29 0.29
Q2 2021 2021-08-06 0.30 0.30
Q1 2021 2021-05-07 0.17 0.17
Q4 2020 2021-03-02 0.27 0.27
Q3 2020 2020-11-06 0.18 0.10
Q2 2020 2020-08-07 0.27 0.08

Ratings

2016-06-24 Downgrade Raymond James Market Perform to Underperform
2016-06-24 Downgrade Raymond James Financial Inc. Market Perform to Underperform
2016-05-05 Downgrade Longbow Research Buy to Neutral
2016-04-27 Downgrade Stifel Nicolaus Buy to Hold
2016-04-07 Downgrade Barclays Equal Weight to Underweight $17.00
2016-04-07 Downgrade Barclays PLC Equal Weight to Underweight $17.00
2016-02-26 Lower Price Target Stifel Nicolaus Buy $24.00 to $20.00
2016-02-25 Downgrade Barclays Overweight to Equal Weight $20.00 to $17.00
2016-01-20 Lower Price Target Barclays Overweight $24.00 to $20.00
2015-11-02 Reiterated Rating SunTrust Buy $25.00
2015-11-02 Reiterated Rating SunTrust Banks Inc. Buy $25.00
2015-10-29 Upgrade Stifel Nicolaus Hold to Buy $24.00
2015-07-31 Boost Price Target Barclays Overweight $25.00 to $27.00
2015-06-17 Boost Price Target SunTrust Buy $26.00 to $28.00
2015-02-20 Boost Price Target Barclays Overweight $18.00 to $21.00
2015-01-28 Upgrade Longbow Research Neutral to Buy $22.00
2014-10-13 Upgrade Barclays Equal Weight to Overweight
2014-10-08 Reiterated Rating Macquarie Outperform $23.00 to $17.00
2014-10-08 Reiterated Rating Barclays Equal Weight to Equal Weight $20.00 to $17.00
2014-07-28 Reiterated Rating Macquarie Outperform $26.00 to $23.00
2014-07-25 Reiterated Rating Barclays Equal Weight $21.00 to $20.00
2014-07-02 Reiterated Rating Barclays Equal Weight $20.00 to $21.00
2014-02-24 Upgrade Sidoti Neutral to Buy
2014-01-27 Lower Price Target Barclays Equal Weight $23.00 to $22.00
2016-06-24 Downgrade Raymond James Market Perform to Underperform
2016-06-24 Downgrade Raymond James Financial Inc. Market Perform to Underperform
2016-05-05 Downgrade Longbow Research Buy to Neutral
2016-04-27 Downgrade Stifel Nicolaus Buy to Hold
2016-04-07 Downgrade Barclays Equal Weight to Underweight $17.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Gould Jay Executive Vice President & COO 0.33%  (217737) TILE /
LYNCH PATRICK C Sr. Vice President & CFO 0.25%  (166825) DAR / TILE /
WELLS JOHN R Sr. Vice President 0.22%  (146137) TILE /
PARNELL LINDSEY KENNETH Sr. Vice President 0.20%  (133770) TILE /
COOMBS ROBERT Sr.Vice President 0.17%  (114460) TILE /
HENDRIX DANIEL T Chairman, President and CEO 0.14%  (90244) AMWD / TILE /
KENNEDY CHRISTOPHER G 0.12%  (77020) KNL / TILE /
HENTON JUNE M 0.10%  (65250) TILE /
Hausmann Bruce Andrew VP & CFO 0.09%  (57048) TILE /
MILLER JAMES B JR 0.08%  (56297) AMSWA / LION / TILE /
Sanjay Lall Vice President & CIO 0.08%  (54016) TILE /
Paisner Harold M 0.08%  (51786) TILE /
Davlantes Maria C. Chief Marketing Officer 0.07%  (48285) TILE /
Kohler K David 0.07%  (47297) TILE /
Foshee David B Vice President/Secretary 0.07%  (45574) TILE /
Miller Matthew Joel VP and Chief Strategy Officer 0.07%  (43247) TILE /
WILLOCH RAYMOND S Sr. Vice President 0.06%  (41663) TILE /
DILLON RIDGLEY DIANNE 0.05%  (35400) TILE /
Herold Jo Ann Vice President and CMO 0.05%  (32632) TILE /
Nigel Stansfield VP & Chief Innovation Officer 0.05%  (31707) TILE /
Scales Jeffrey Chadwick VP & Chief Innovation Officer 0.04%  (29024) TILE /
Owen Kathleen Reily Vice President 0.04%  (27933) TILE /
Cogan Andrew B 0.04%  (23297) AMWD / KNL / TILE /
GABLE CARL I 0.03%  (22063) TILE /
Burke John Patrick 0.03%  (21297) TILE /
Boogaard Robert Interim Division President 0.03%  (19882) TILE /
Bauer Gregory J VP & Chief Accounting Officer 0.02%  (15195) TILE /
Palmer Sheryl 0.02%  (12247) TILE / TMHC /
CALLAWAY EDWARD C 0.02%  (10136) TILE /
Matts Erin A 0.01%  (7511) TILE /