Zacks Research Has Pessimistic Outlook of MHK Q2 Earnings

Mohawk Industries, Inc. (NYSE:MHK - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 earnings per share estimates for Mohawk Industries in a report released on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the company will post earnings of $2.60 per share for the quarter, down from their previous estimate of $2.90. The consensus estimate for Mohawk Industries' current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries' Q3 2025 earnings at $2.77 EPS, Q4 2025 earnings at $2.20 EPS, Q1 2026 earnings at $1.93 EPS, Q2 2026 earnings at $3.06 EPS, Q3 2026 earnings at $3.29 EPS and Q4 2026 earnings at $2.37 EPS.

A number of other brokerages have also recently issued reports on MHK. Evercore ISI dropped their target price on Mohawk Industries from $150.00 to $140.00 and set an "in-line" rating for the company in a report on Monday, February 10th. Barclays lowered their target price on shares of Mohawk Industries from $115.00 to $111.00 and set an "equal weight" rating on the stock in a report on Monday, May 5th. Raymond James reissued a "strong-buy" rating and set a $165.00 price target (down from $185.00) on shares of Mohawk Industries in a report on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on shares of Mohawk Industries from $156.00 to $139.00 and set an "overweight" rating for the company in a report on Tuesday, May 6th. Finally, Bank of America reduced their target price on Mohawk Industries from $152.00 to $150.00 and set a "buy" rating on the stock in a report on Monday, February 10th. Seven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $140.00.

Mohawk Industries Stock Performance

Shares of MHK stock traded down $1.59 during mid-day trading on Monday, reaching $100.54. The stock had a trading volume of 75,658 shares, compared to its average volume of 752,598. The firm's 50 day simple moving average is $106.20 and its 200 day simple moving average is $117.84. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.22. The firm has a market cap of $6.29 billion, a PE ratio of 12.36, a P/E/G ratio of 1.44 and a beta of 1.24. Mohawk Industries has a one year low of $96.24 and a one year high of $164.29.

Mohawk Industries (NYSE:MHK - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.11. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.56 billion. Mohawk Industries had a return on equity of 8.04% and a net margin of 4.78%. The company's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.86 earnings per share.

Insider Transactions at Mohawk Industries

In related news, insider Suzanne L. Helen sold 10,500 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $113.44, for a total transaction of $1,191,120.00. Following the sale, the insider now owns 93,584 shares of the company's stock, valued at $10,616,168.96. This represents a 10.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 17.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Federated Hermes Inc. increased its stake in shares of Mohawk Industries by 326.3% in the 1st quarter. Federated Hermes Inc. now owns 243 shares of the company's stock valued at $28,000 after purchasing an additional 186 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in Mohawk Industries in the fourth quarter valued at about $41,000. Brooklyn Investment Group grew its position in Mohawk Industries by 2,506.3% in the first quarter. Brooklyn Investment Group now owns 417 shares of the company's stock valued at $48,000 after acquiring an additional 401 shares during the last quarter. R Squared Ltd acquired a new position in Mohawk Industries during the fourth quarter worth about $66,000. Finally, Huntington National Bank lifted its holdings in shares of Mohawk Industries by 27.4% in the fourth quarter. Huntington National Bank now owns 554 shares of the company's stock worth $66,000 after acquiring an additional 119 shares during the last quarter. 78.98% of the stock is owned by institutional investors.

Mohawk Industries Company Profile

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.