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Mohawk Industries, Inc. (NYSE:MHK) Receives Consensus Rating of "Hold" from Brokerages

Mohawk Industries logo with Consumer Discretionary background
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Key Points

  • Consensus "Hold": Fifteen analysts cover Mohawk (1 sell, 10 hold, 3 buy, 1 strong buy) with an average 1‑year price target of $123.50.
  • Q1 results and guidance: Mohawk reported EPS of $1.90, beating estimates by $0.10 while revenue was $2.73B (slightly below estimates), revenue rose 8% year‑over‑year, and management set Q2 guidance of $2.50–$2.60 EPS.
  • Valuation and ownership: Shares opened at $97.45 (1‑year range $93.60–$143.13), market cap ~$5.96B with a PE of 14.61, insiders own ~17.9% and institutional investors hold about 78.98%.
  • MarketBeat previews top five stocks to own in June.

Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) has earned a consensus rating of "Hold" from the fifteen research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $123.50.

MHK has been the subject of several recent analyst reports. Truist Financial dropped their target price on Mohawk Industries from $155.00 to $135.00 and set a "buy" rating for the company in a research report on Tuesday. Royal Bank Of Canada boosted their target price on Mohawk Industries from $122.00 to $135.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 17th. Barclays dropped their target price on Mohawk Industries from $121.00 to $96.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 8th. Wolfe Research lowered Mohawk Industries from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 7th. Finally, Zacks Research lowered Mohawk Industries from a "hold" rating to a "strong sell" rating in a research report on Friday, April 24th.

Read Our Latest Analysis on MHK

Mohawk Industries Stock Up 2.7%

Shares of NYSE:MHK opened at $97.45 on Wednesday. Mohawk Industries has a 1 year low of $93.60 and a 1 year high of $143.13. The business has a 50 day simple moving average of $105.94 and a two-hundred day simple moving average of $113.09. The firm has a market capitalization of $5.96 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23.

Mohawk Industries (NYSE:MHK - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the previous year, the business earned $1.52 earnings per share. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, equities analysts predict that Mohawk Industries will post 9.07 EPS for the current year.

Insider Activity

In related news, insider Suzanne L. Helen sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $97.80, for a total value of $293,400.00. Following the completion of the sale, the insider owned 53,893 shares in the company, valued at approximately $5,270,735.40. The trade was a 5.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 12,000 shares of company stock valued at $1,246,336 in the last ninety days. 17.90% of the stock is currently owned by insiders.

Institutional Trading of Mohawk Industries

A number of large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Mohawk Industries by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,138,557 shares of the company's stock valued at $343,045,000 after purchasing an additional 53,545 shares during the period. State Street Corp boosted its holdings in shares of Mohawk Industries by 2.1% in the second quarter. State Street Corp now owns 1,915,831 shares of the company's stock valued at $200,856,000 after purchasing an additional 39,556 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Mohawk Industries by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company's stock valued at $235,902,000 after purchasing an additional 9,516 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Mohawk Industries by 15.9% in the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company's stock valued at $199,948,000 after purchasing an additional 251,012 shares during the period. Finally, Pzena Investment Management LLC boosted its holdings in shares of Mohawk Industries by 0.6% in the fourth quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company's stock valued at $129,674,000 after purchasing an additional 7,332 shares during the period. Hedge funds and other institutional investors own 78.98% of the company's stock.

Mohawk Industries Company Profile

(Get Free Report)

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company's product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

Read More

Analyst Recommendations for Mohawk Industries (NYSE:MHK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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