Zacks Research Expects Lower Earnings for Mohawk Industries

Mohawk Industries, Inc. (NYSE:MHK - Free Report) - Equities researchers at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for Mohawk Industries in a note issued to investors on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the company will earn $2.60 per share for the quarter, down from their prior 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.

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

A number of other brokerages have also issued reports on MHK. Barclays cut their target price on Mohawk Industries from $115.00 to $111.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Wells Fargo & Company cut their target price on Mohawk Industries from $130.00 to $105.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. Raymond James reaffirmed a "strong-buy" rating and set a $165.00 price objective (down previously from $185.00) on shares of Mohawk Industries in a research report on Monday, February 10th. Royal Bank of Canada cut their price objective on Mohawk Industries from $130.00 to $119.00 and set a "sector perform" rating on the stock in a research report on Monday, May 5th. Finally, Bank of America cut their price objective on Mohawk Industries from $152.00 to $150.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Mohawk Industries has an average rating of "Moderate Buy" and a consensus target price of $140.00.

Mohawk Industries Trading Up 3.4%

NYSE MHK traded up $3.46 on Monday, reaching $104.56. The stock had a trading volume of 798,252 shares, compared to its average volume of 754,338. The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 12.86, a P/E/G ratio of 1.44 and a beta of 1.24. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.22. Mohawk Industries has a 12-month low of $96.24 and a 12-month high of $164.29. The stock has a fifty day moving average price of $106.70 and a two-hundred day moving average price of $118.26.

Hedge Funds Weigh In On Mohawk Industries

Hedge funds have recently made changes to their positions in the company. Citadel Investment Advisory Inc. boosted its stake in shares of Mohawk Industries by 0.8% during the first quarter. Citadel Investment Advisory Inc. now owns 12,848 shares of the company's stock worth $1,467,000 after buying an additional 100 shares during the period. Huntington National Bank boosted its stake in shares of Mohawk Industries by 27.4% during the fourth quarter. Huntington National Bank now owns 554 shares of the company's stock worth $66,000 after buying an additional 119 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Mohawk Industries by 0.5% during the fourth quarter. Janus Henderson Group PLC now owns 25,659 shares of the company's stock worth $3,054,000 after buying an additional 120 shares during the period. M&T Bank Corp boosted its stake in shares of Mohawk Industries by 3.8% during the first quarter. M&T Bank Corp now owns 3,315 shares of the company's stock worth $378,000 after buying an additional 122 shares during the period. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in shares of Mohawk Industries by 3.2% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 4,006 shares of the company's stock worth $457,000 after buying an additional 126 shares during the period. Hedge funds and other institutional investors own 78.98% of the company's stock.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 10,500 shares of the firm's stock in a transaction dated 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 transaction, the insider now owns 93,584 shares of the company's stock, valued at approximately $10,616,168.96. This trade represents a 10.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 17.40% of the company's stock.

About Mohawk Industries

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.