Interface Inc. ( TILE ) was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven by the company's announcement of better-than-expected earnings for the second quarter of 2015 along with an increase in the regular quarterly dividend. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday's rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.54 to $25.01 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Interface currently sports a Zacks Rank #1 (Strong Buy).
Another well-ranked stock in the same industry is Culp, Inc. ( CFI ), which carries the same Zacks Rank as Interface.
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