About Mohawk Industries
Mohawk Industries, Inc. is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company's manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile (LVT) and vinyl flooring. It operates in three segments: Global Ceramic, which designs, manufactures, sources, distributes and markets a line of ceramic tile, porcelain tile and natural stone products; Flooring North America (Flooring NA), which designs, manufactures, sources, distributes and markets carpet, laminate, carpet pad, rugs, hardwood and vinyl, including LVT, in a range of colors, textures and patterns, and Flooring Rest of the World (Flooring ROW), which designs, manufactures, sources, distributes and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards and vinyl flooring products. Its trademarks include American Olean, Bigelow, Lees, Quick-Step and Unilin.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Home Furnishings & Fixtures
- Sub-Industry: Home Furnishings
- Exchange: NYSE
- Symbol: MHK
- CUSIP: 60819010
- Previous Close: $221.55
- 50 Day Moving Average: $211.49
- 200 Day Moving Average: $203.88
- 52-Week Range: $154.89 - $224.17
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 15.47
- P/E Growth: 2.70
- Market Cap: $16.43B
- Outstanding Shares: 74,164,000
- Beta: 1.18
- Net Margins: 10.39%
- Return on Equity: 17.10%
- Return on Assets: 9.12%
Companies Related to Mohawk Industries:
- Debt-to-Equity Ratio: 0.20%
- Current Ratio: 1.28%
- Quick Ratio: 0.66%
What is Mohawk Industries' stock symbol?
Mohawk Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHK."
Where is Mohawk Industries' stock going? Where will Mohawk Industries' stock price be in 2017?
16 equities research analysts have issued 12 month price objectives for Mohawk Industries' shares. Their predictions range from $185.00 to $255.00. On average, they expect Mohawk Industries' share price to reach $235.45 in the next year.
When will Mohawk Industries announce their earnings?
Mohawk Industries is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about Mohawk Industries stock?
Here are some recent quotes from research analysts about Mohawk Industries stock:
According to Zacks Investment Research, "Mohawk’s fourth-quarter adjusted earnings and revenues beat the Zacks Consensus Estimate by 1.2% and 1.7%, respectively. Both the top and the bottom line increased 9.2% and 16% year over year, respectively, driven by higher sales across all segments. Highlights of the quarter include consistent organic growth trajectory (5–6% barring patents), stronger productivity benefits and pricing which offset increased raw material costs. These factors helped offset headwinds such as patent expiration, higher costs for startups and raw materials. The company is currently exploring numerous investment options for expansion, including Greenfield opportunities and acquisitions to broaden its geographic presence and product portfolio in order to boost its top line. Moreover, the 2017 guidance hints at solid growth and productivity. However, currency headwinds are expected to put revenues under pressure in the near term." (2/14/2017)
- Stifel Nicolaus analysts commented, "In many ways, we view the 2017 outlook as a very typical year for Mohawk, which should demonstrate the company's ability to continue to drive margin expansion despite certain start-up expenses and the expected loss of IP earnings. Overall, management is expecting $100+ million of EBIT headwind in 2017, but as the company has over the years, there should be productivity gains, mix enhancements, and volume growth with acquisition growth to drive earnings. We are increasing our EBITDA estimate and target price, which is now $255, based on 12x our 2017 EBITDA estimate." (2/13/2017)
Who owns Mohawk Industries stock?
Mohawk Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.80%), FMR LLC (3.44%), Ruane Cunniff & Goldfarb Inc. (2.48%), Dimensional Fund Advisors LP (1.23%), Bessemer Group Inc. (1.00%) and Alyeska Investment Group L.P. (0.77%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Frank H Boykin, James Brunk, Jeffrey S Lorberbaum, John C Turner Jr, Mark Lorberbaum, Rodney David Patton and Suzanne L Helen.
Who sold Mohawk Industries stock? Who is selling Mohawk Industries stock?
Mohawk Industries' stock was sold by a variety of institutional investors in the last quarter, including Ruane Cunniff & Goldfarb Inc., FMR LLC, Eton Park Capital Management L.P., Westwood Holdings Group Inc., Axiom International Investors LLC DE, AMF Pensionsforsakring AB, Guggenheim Capital LLC and Janus Capital Management LLC. Company insiders that have sold Mohawk Industries stock in the last year include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Frank H Boykin, James Brunk, Jeffrey S Lorberbaum, John C Turner Jr, Rodney David Patton and Suzanne L Helen.
Who bought Mohawk Industries stock? Who is buying Mohawk Industries stock?
Mohawk Industries' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Impala Asset Management LLC, State Street Corp, Asset Management One Co. Ltd., WS Management Lllp, Two Sigma Investments LP, Dimensional Fund Advisors LP and Systematic Financial Management LP.
How do I buy Mohawk Industries stock?
Shares of Mohawk Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Mohawk Industries stock cost?
One share of Mohawk Industries stock can currently be purchased for approximately $221.55.