Mohawk Group Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mohawk Group in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Mohawk Group stock.
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Mohawk Group saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,890,000 shares, an increase of 42.1% from the December 31st total of 1,330,000 shares. Based on an average daily trading volume, of 527,200 shares, the days-to-cover ratio is currently 3.6 days. Approximately 19.8% of the company's shares are short sold.
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Mohawk Group is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Mohawk Group.

Mohawk Group will be holding an earnings conference call on Monday, March 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Mohawk Group Holdings, Inc. (NASDAQ:MWK) posted its quarterly earnings data on Monday, November, 9th. The company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.28) by $0.23. The firm earned $58.78 million during the quarter, compared to analysts' expectations of $55.96 million. Mohawk Group had a negative trailing twelve-month return on equity of 265.80% and a negative net margin of 20.49%.
View Mohawk Group's earnings history.

Mohawk Group's stock was trading at $3.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MWK stock has increased by 1,082.8% and is now trading at $40.69.
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Mohawk Group issued an update on its FY 2021 Pre-Market earnings guidance on Tuesday, February, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $340-370 million, compared to the consensus revenue estimate of $299.51 million.

5 analysts have issued 1-year target prices for Mohawk Group's stock. Their forecasts range from $15.00 to $50.00. On average, they expect Mohawk Group's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 26.3%.
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Some companies that are related to Mohawk Group include Sanderson Farms (SAFM), Compañía Cervecerías Unidas (CCU), Grocery Outlet (GO), BRF (BRFS), J & J Snack Foods (JJSF), Medifast (MED), John Wiley & Sons (JW.B), Britvic (BTVCY), Utz Brands (UTZ), Energizer (ENR), C.P. Pokphand (CPKPY), TreeHouse Foods (THS), The Simply Good Foods (SMPL), Nu Skin Enterprises (NUS) and Health and Happiness (H&H) International (BTSDF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mohawk Group investors own include Strongbridge Biopharma (SBBP), AcelRx Pharmaceuticals (ACRX), Aptinyx (APTX), Axcella Health (AXLA), Aytu BioScience (AYTU), Calithera Biosciences (CALA), Cidara Therapeutics (CDTX), Catalyst Pharmaceuticals (CPRX), DURECT (DRRX) and Geron (GERN).

(MWK) raised $50 million in an initial public offering (IPO) on Wednesday, June 12th 2019. The company issued 3,300,000 shares at a price of $14.00-$16.00 per share. Roth Capital Partners and A.G.P. served as the underwriters for the IPO and National Securities Corporation was co-manager.

Mohawk Group trades on the NASDAQ under the ticker symbol "MWK."

Mohawk Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Avory & Company LLC (3.37%), Renaissance Technologies LLC (1.89%), AWM Investment Company Inc. (1.42%), CM Management LLC (1.30%), National Asset Management Inc. (0.81%) and Anchor Capital Advisors LLC (0.58%). Company insiders that own Mohawk Group stock include Bari A Harlam, Greg Petersen and Yaniv Zion Sarig.
View institutional ownership trends for Mohawk Group.

MWK stock was sold by a variety of institutional investors in the last quarter, including Psagot Investment House Ltd., Rovida Advisors Inc., AWM Investment Company Inc., Lido Advisors LLC, Arkadios Wealth Advisors, and National Asset Management Inc..
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MWK stock was purchased by a variety of institutional investors in the last quarter, including Avory & Company LLC, CM Management LLC, Anchor Capital Advisors LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., Northern Trust Corp, Oppenheimer & Co. Inc., and Laidlaw Wealth Management LLC. Company insiders that have bought Mohawk Group stock in the last two years include Bari A Harlam, Greg Petersen, and Yaniv Zion Sarig.
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Shares of MWK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MWK stock can currently be purchased for approximately $40.69.

Mohawk Group has a market capitalization of $888.87 million and generates $114.45 million in revenue each year. The company earns $-58,790,000.00 in net income (profit) each year or ($3.21) on an earnings per share basis.

Mohawk Group employs 61 workers across the globe.

The official website for Mohawk Group is www.mohawkgp.com.

Mohawk Group is headquartered at 37 EAST 18TH STREET 7TH FLOOR, NEW YORK NY, 10003.

Mohawk Group's mailing address is 37 EAST 18TH STREET 7TH FLOOR, NEW YORK NY, 10003. The company can be reached via phone at 347 676 1681.