Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Interface (TILE) is highlighted as a recommended growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 8.1%, but projected EPS growth for this year is expected to be 26.7%, significantly surpassing the industry average of 16.4% [5] Group 2: Key Metrics - The asset utilization ratio for Interface is 1.1, indicating that the company generates $1.1 in sales for every dollar in assets, which is higher than the industry average of 1.07 [6] - Projected sales growth for Interface is 5.1% this year, compared to an industry average of 0% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Interface have been revised upward, with the Zacks Consensus Estimate increasing by 8.8% over the past month [8] - Interface has achieved a Zacks Rank 1 (Strong Buy) due to positive earnings estimate revisions and has earned a Growth Score of A based on several favorable factors [10]
3 Reasons Growth Investors Will Love Interface (TILE)