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NYSE:MHK

Mohawk Industries (MHK) Stock Price, News & Analysis

$160.71
+26.21 (+19.49%)
(As of 07/26/2024 ET)
Today's Range
$148.51
$162.87
50-Day Range
$106.33
$134.97
52-Week Range
$76.02
$162.87
Volume
3.40 million shs
Average Volume
719,127 shs
Market Capitalization
$10.26 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$127.45

Mohawk Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
20.7% Downside
$127.45 Price Target
Short Interest
Healthy
4.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.29
Upright™ Environmental Score
News Sentiment
0.71mentions of Mohawk Industries in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$201,132 Sold Last Quarter
Proj. Earnings Growth
15.25%
From $9.51 to $10.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Consumer Discretionary Sector

97th out of 279 stocks

Carpets & Rugs Industry

1st out of 2 stocks

MHK stock logo

About Mohawk Industries Stock (NYSE:MHK)

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. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, luxury vinyl tiles, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, Ragno, Aladdin Commercial, Durkan, Foss, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Lentex, Leoline, and Moduleo, Redbook, Unilin, and Vitromex brands. It offers its products to company-owned service centers and stores, company-operated distributors, floor covering retailers, wholesalers, mass merchandisers, department stores, shop at home, buying groups, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.

MHK Stock Price History

MHK Stock News Headlines

Carpenter setting Trusses for the roof of a house
Falling Inflation Sparks Optimism for These 3 Home Builder Stocks (MHK)
Declining inflation is creating compelling investment opportunities in the recovering homebuilding sector.
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Mohawk Industries Reports Q2 Results
Mohawk Industries (MHK) to Release Earnings on Thursday
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Carpets & rugs
Sub-Industry
Home Furnishings
CUSIP
60819010
Employees
43,300
Year Founded
1878

Price Target and Rating

Average Stock Price Target
$127.45
High Stock Price Target
$177.00
Low Stock Price Target
$93.00
Potential Upside/Downside
-22.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
10 Analysts

Profitability

Net Income
$-439,520,000.00
Pretax Margin
-3.01%

Debt

Sales & Book Value

Annual Sales
$11.14 billion
Cash Flow
$40.97 per share
Book Value
$119.80 per share

Miscellaneous

Free Float
52,942,000
Market Cap
$10.12 billion
Optionable
Optionable
Beta
1.38

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Key Executives


MHK Stock Analysis - Frequently Asked Questions

How have MHK shares performed this year?

Mohawk Industries' stock was trading at $103.50 at the start of the year. Since then, MHK stock has increased by 55.3% and is now trading at $160.71.
View the best growth stocks for 2024 here
.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) posted its quarterly earnings data on Thursday, July, 25th. The company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.76 by $0.24. The business's revenue for the quarter was down 5.1% on a year-over-year basis.

What is Jeffrey S. Lorberbaum's approval rating as Mohawk Industries' CEO?

212 employees have rated Mohawk Industries Chief Executive Officer Jeffrey S. Lorberbaum on Glassdoor.com. Jeffrey S. Lorberbaum has an approval rating of 67% among the company's employees.

Does Mohawk Industries have any subsidiaries?

Mohawk Industries subsidiaries include Godfrey Hirst Group, Xtratherm, KAI Group, IVC Group, Spano Group, Pergo, Marazzi Group, and more.

Who are Mohawk Industries' major shareholders?

Mohawk Industries' top institutional shareholders include Van Lanschot Kempen Investment Management N.V. (1.05%), Bank of New York Mellon Corp (0.49%), Wilsey Asset Management Inc. (0.30%) and Allspring Global Investments Holdings LLC (0.19%). Insiders that own company stock include Suzanne L Helen, Rodney David Patton, Jeffrey S Lorberbaum, James Brunk and Chistopher Wellborn.
View institutional ownership trends
.

How do I buy shares of Mohawk Industries?

Shares of MHK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mohawk Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mohawk Industries investors own include NVIDIA (NVDA), Bank of America (BAC), Home Depot (HD), Micron Technology (MU), Broadcom (AVGO), Johnson & Johnson (JNJ) and Alibaba Group (BABA).

This page (NYSE:MHK) was last updated on 7/26/2024 by MarketBeat.com Staff

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