Interface traded at $24.73 this Friday March 27th, decreasing $0.43 or 1.71 percent since the previous trading session. Looking back, over the last four weeks, Interface lost 18.60 percent. Over the last 12 months, its price rose by 25.22 percent. Looking ahead, we forecast Interface to be priced at 24.87 by the end of this quarter and at 22.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Interface Inc. is a global flooring company. The Company is engaged in designing, production and selling of modular carpet, carpet tile, and resilient flooring, including luxury vinyl tile (LVT) and rubber flooring. It markets its modular carpet under the brand names Interface and FLOR, and its market LVT under the brand Interface. The Company produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its product includes LVT. LVT shares many of the same attributes and benefits as carpet tile. It offers rubber flooring products under the noraplan and norament brands, which includes in the Company’s resilient flooring portfolio. It sells its antimicrobial chemical compound and TacTiles carpet tile installation system.