Distribution Begins for Interface $7.5M Settlement Payments

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 12:

Interface, Inc. TILE: This modular carpet products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Interface, Inc. Price and Consensus

Interface, Inc. price-consensus-chart | Interface, Inc. Quote

Interface has a PEG ratio of 1.22 compared with 1.31 for the industry. The company possesses a Growth Score of A.

Interface, Inc. PEG Ratio (TTM)

Interface, Inc. peg-ratio-ttm | Interface, Inc. Quote

The Progressive Corporation PGR: This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

The Progressive Corporation Price and Consensus

The Progressive Corporation price-consensus-chart | The Progressive Corporation Quote

The Progressive Corporation has a PEG ratio of 0.72 compared with 1.39 for the industry. The company possesses a Growth Score of A.

The Progressive Corporation PEG Ratio (TTM)

The Progressive Corporation peg-ratio-ttm | The Progressive Corporation Quote

Vertiv Holdings Co VRT: This company that provides shipping containers and related services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Vertiv Holdings Co. Price and Consensus

Vertiv Holdings Co. price-consensus-chart | Vertiv Holdings Co. Quote

Vertiv Holdings has a PEG ratio of 1.36 compared with 13.52 for the industry. The company possesses a Growth Score of A.

Vertiv Holdings Co. PEG Ratio (TTM)

Vertiv Holdings Co. peg-ratio-ttm | Vertiv Holdings Co. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Zacks Investment Research

U.S. stock markets started November, adding more steam to the ongoing rally. The primary reason was the anticipation of Donald Trump becoming the 47th president of the country. On Nov 5, Trump clinched a significant win in the Presidential election. On Nov 6, all three major stock indexes as well as small-cap benchmarks, jumped.

Consequently, several stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. Such stocks have a high chance of carrying the momentum forward.

Five such stocks are — ChromaDex Corp. CDXC, Sezzle Inc. SEZL, Interface Inc. TILE, BGC Group Inc. BGC and Corcept Therapeutics Inc. CORT.

If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

Screening Parameters:

Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.

Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance.

Current Price greater than 5: The stocks must all be trading at a minimum of $5.

Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.

Just these few criteria narrowed down the search from over 7,700 stocks to 18.

Let’s discuss five out of these 18 stocks:

ChromaDex Corp. supply phytochemical reference standards and reference materials, related contract services, and products for the dietary supplement, nutraceutical, food and beverage, functional food, pharmaceutical and cosmetic markets. CDXC’s core business strategy is to use the intellectual property harnessed by its expertise in the area of natural products and in the creation of reference materials to the industry as the basis for providing new and alternative, green, mass marketable products to its customers.

CDXC’s main priority is to create industry-accepted information and provide products and services to every layer of the functional food, pharmaceutical, personal care and dietary supplement markets. ChromaDex markets and sells its products in the United States and Canada. CDXC offers its products through distributors in Europe, South America, Korea, India, Japan, Australia, New Zealand, China, Indonesia, Malaysia, Singapore, Thailand, and Mexico.

The stock price of ChromaDex has soared 115.1% in the past four weeks. The company has expected earnings growth of more than 100% for the current year. The Zacks Consensus Estimate for the current year has improved 100% over the last seven days.

Sezzle Inc. operates as a technology-enabled payments company primarily in the United States and Canada. SEZL provides its proprietary payments solution in-store and at online retail stores that connect consumers with merchants.

SEZL also offers the Sezzle Platform, which provides a payments solution for consumers that extends credit at the point-of-sale, allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time.

The stock price of Sezzle has jumped 54.9% in the past four weeks. The company has expected earnings growth of more than 100% for the current year. The Zacks Consensus Estimate for the current year has improved 0.1% over the last 90 days.

Interface Inc. designs, produces, and sells modular carpet products primarily worldwide. TILE operates in two segments, Americas, and Europe, Africa, Asia and Australia. TILE offers modular carpets under the Interface and FLOR brand names, luxury vinyl tiles, carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors, and modular resilient flooring products.

TILE also provides carpet replacement, installation, and maintenance services; and rubber flooring under the norament and noraplan brand names, as well as produces and sells an adapted version of its carpet tile for the healthcare facilities market.

The stock price of Interface has climbed 33.2% in the past four weeks. It has an expected earnings growth rate of 37% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 7% over the last seven days.

BGC Group Inc. operates as a financial brokerage and technology company in the United States and internationally. BGC offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives, equities, energy and commodities, shipping, insurance, and futures and options.

BGC also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, information, and other back-office services to an assortment of financial and non-financial institutions. In addition, BGC offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services.

The stock price of BGC Group has surged 18.3% in the past four weeks. The company has expected earnings growth of 20.7% for the current year. The Zacks Consensus Estimate for the current year has improved 6.5% over the last seven days.

Corcept Therapeutics Inc. is engaged in the discovery and development of drugs for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. CORT offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, and for those who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery.

CORT is also developing relacorilant, which is in phase III clinical trial for the treatment of Cushing's syndrome, treatment for adrenal cancer and cortisol excess, which is in phase 1b clinical trial, treatment for prostate cancer which is in phase II clinical trial and nab-paclitaxel in combination with relacorilant, which is in phase III clinical trial to treat platinum-resistant ovarian tumors.

The stock price of Corcept Therapeutics has advanced 18.1% in the past four weeks. It has an expected earnings growth rate of 39.4% for the current year. The Zacks Consensus Estimate for current-year earnings improved 10.1% over the last seven days.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.

Zacks Investment Research

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 8:

Interface, Inc. TILE: This modular carpet products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Interface, Inc. Price and Consensus

Interface, Inc. price-consensus-chart | Interface, Inc. Quote

Interface has a PEG ratio of 1.20 compared with 1.34 for the industry. The company possesses a Growth Score of A.

Interface, Inc. PEG Ratio (TTM)

Interface, Inc. peg-ratio-ttm | Interface, Inc. Quote

The Progressive Corporation PGR: This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days

The Progressive Corporation Price and Consensus

The Progressive Corporation price-consensus-chart | The Progressive Corporation Quote

The Progressive Corporation has a PEG ratio of 0.72 compared with 1.38 for the industry. The company possesses a Growth Score of B.

The Progressive Corporation PEG Ratio (TTM)

The Progressive Corporation peg-ratio-ttm | The Progressive Corporation Quote

Vertiv Holdings Co VRT: This digital infrastructure company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Vertiv Holdings Co. Price and Consensus

Vertiv Holdings Co. price-consensus-chart | Vertiv Holdings Co. Quote

Vertiv Holdings has a PEG ratio of 1.31 compared with 12.42 for the industry. The company possesses a Growth Score of B.

Vertiv Holdings Co. PEG Ratio (TTM)

Vertiv Holdings Co. peg-ratio-ttm | Vertiv Holdings Co. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Zacks Investment Research

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 6th:

Twilio Inc. TWLO: This customer engagement platform solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

Twilio Inc. Price and Consensus

Twilio Inc. price-consensus-chart | Twilio Inc. Quote

Twilio has a PEG ratio of 0.59 compared with 44.37 for the industry. The company possesses a Growth Score of A.

Twilio Inc. PEG Ratio (TTM)

Twilio Inc. peg-ratio-ttm | Twilio Inc. Quote

Interface, Inc. TILE: This modular carpet products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Interface, Inc. Price and Consensus

Interface, Inc. price-consensus-chart | Interface, Inc. Quote

Interface has a PEG ratio of 1.14 compared with 1.28 for the industry. The company possesses a Growth Score of A.

Interface, Inc. PEG Ratio (TTM)

Interface, Inc. peg-ratio-ttm | Interface, Inc. Quote

ZIM Integrated Shipping Services ZIM: This company that provides shipping containers and related services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

ZIM Integrated Shipping Services Ltd. Price and Consensus

ZIM Integrated Shipping Services Ltd. price-consensus-chart | ZIM Integrated Shipping Services Ltd. Quote

ZIM has a PEG ratio of 0.04 compared with 0.30 for the industry. The company possesses a Growth Score of B.

ZIM Integrated Shipping Services Ltd. PEG Ratio (TTM)

ZIM Integrated Shipping Services Ltd. peg-ratio-ttm | ZIM Integrated Shipping Services Ltd. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Zacks Investment Research

Have you been paying attention to shares of Interface (TILE)? Shares have been on the move with the stock up 29.1% over the past month. The stock hit a new 52-week high of $23.85 in the previous session. Interface has gained 86.2% since the start of the year compared to the 5.6% move for the Zacks Consumer Discretionary sector and the 36.1% return for the Zacks Textile - Home Furnishing industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 1, 2024, Interface reported EPS of $0.48 versus consensus estimate of $0.33.

For the current fiscal year, Interface is expected to post earnings of $1.37 per share on $1.31 billion in revenues. This represents a 37% change in EPS on a 3.87% change in revenues. For the next fiscal year, the company is expected to earn $1.55 per share on $1.35 billion in revenues. This represents a year-over-year change of 13.14% and 3.02%, respectively.

Valuation Metrics

Interface may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

Interface has a Value Score of A. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 17.2X current fiscal year EPS estimates, which is a premium to the peer industry average of 15.6X. On a trailing cash flow basis, the stock currently trades at 11.9X versus its peer group's average of 4.6X. Additionally, the stock has a PEG ratio of 1.14. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks Rank

We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Interface currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Interface passes the test. Thus, it seems as though Interface shares could still be poised for more gains ahead.

Zacks Investment Research