Interface's high P/E ratio is justified by its strong foreca...
Interface's high P/E ratio is justified by its strong forecast growth, surpassing the wider market. Investors see low risk of earnings deterioration, hence a lower P/E ratio isn't justified. Share price isn't expected to fall significantly soon.
Why Investors Shouldn't Be Surprised By Interface, Inc.'s (NASDAQ:TILE) 26% Share Price Surge
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment