NYSE:MHK - Mohawk Industries Stock Price, News, & Analysis

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$125.13 +3.60 (+2.96 %)
(As of 11/13/2018 01:13 PM ET)
Previous Close$121.53
Today's Range$121.85 - $125.91
52-Week Range$113.45 - $286.85
Volume451,678 shs
Average Volume2.10 million shs
Market Capitalization$9.32 billion
P/E Ratio9.19
Dividend YieldN/A
Beta1.62
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering product lines in a range of colors, textures, and patterns, including carpets, rugs, carpet padS, hardwood, laminate, luxury vinyl tiles, and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin, Columbia Flooring, Durkan, Horizon, IVC, Karastan, Mohawk, Pergo, Portico, Quick-Step, and SmartStrand brands. The Flooring ROW segment provides laminate, hardwood flooring, and vinyl flooring, as well as roofing elements, insulation boards, medium-density fiberboards, and chipboards products under the Balterio, IVC, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home centers, company-operated service centers and stores, floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Carpets & rugs
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
Current SymbolNYSE:MHK
Previous Symbol
CUSIP60819010
Phone706-629-7721

Debt

Debt-to-Equity Ratio0.20
Current Ratio1.54
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio9.19
Forward P/E Ratio10.04
P/E Growth1.51

Sales & Book Value

Annual Sales$9.49 billion
Price / Sales0.98
Cash Flow$19.6436 per share
Price / Cash6.37
Book Value$95.09 per share
Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$13.61
Net Income$971.63 million
Net Margins8.81%
Return on Equity13.49%
Return on Assets7.84%

Miscellaneous

Employees38,800
Outstanding Shares74,200,000
Market Cap$9.32 billion
OptionableOptionable

Mohawk Industries (NYSE:MHK) Frequently Asked Questions

What is Mohawk Industries' stock symbol?

Mohawk Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHK."

How will Mohawk Industries' stock buyback program work?

Mohawk Industries declared that its Board of Directors has approved a share repurchase program on Thursday, October 25th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) issued its quarterly earnings data on Thursday, October, 25th. The company reported $3.29 earnings per share for the quarter, missing the consensus estimate of $3.58 by $0.29. The company earned $2.55 billion during the quarter, compared to analyst estimates of $2.61 billion. Mohawk Industries had a net margin of 8.81% and a return on equity of 13.49%. View Mohawk Industries' Earnings History.

When is Mohawk Industries' next earnings date?

Mohawk Industries is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Mohawk Industries.

What guidance has Mohawk Industries issued on next quarter's earnings?

Mohawk Industries updated its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $2.45-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.51.

What price target have analysts set for MHK?

18 brokerages have issued 1 year price targets for Mohawk Industries' stock. Their predictions range from $105.00 to $268.00. On average, they expect Mohawk Industries' stock price to reach $168.8667 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for Mohawk Industries.

What is the consensus analysts' recommendation for Mohawk Industries?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 2 sell ratings, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mohawk Industries.

Has Mohawk Industries been receiving favorable news coverage?

News coverage about MHK stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Mohawk Industries earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Mohawk Industries' key competitors?

Who are Mohawk Industries' key executives?

Mohawk Industries' management team includes the folowing people:
  • Mr. Jeffrey S. Lorberbaum, Chairman & CEO (Age 63)
  • Mr. William Christopher Wellborn, Pres, COO & Director (Age 62)
  • Mr. Frank H. Boykin, CFO & VP of Fin. (Age 63)
  • Mr. Bernard P. Thiers, Pres of Unilin - Flooring Rest of World (Age 62)
  • Mr. Brian M. Carson, Pres of Flooring-North America (Age 53)

Who are Mohawk Industries' major shareholders?

Mohawk Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.39%), FMR LLC (3.32%), Wells Fargo & Company MN (1.71%), Dimensional Fund Advisors LP (1.55%), Bank of New York Mellon Corp (0.58%) and Global Thematic Partners LLC (0.53%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Brian Carson, Chistopher Wellborn, Cock Frans Georges De, Filip Balcaen, Frank H Boykin, James Brunk, Jeffrey S Lorberbaum, John C Turner Jr, Rodney David Patton, Suzanne L Helen and William Henry Runge III. View Institutional Ownership Trends for Mohawk Industries.

Which institutional investors are selling Mohawk Industries stock?

MHK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Jennison Associates LLC, Locust Wood Capital Advisers LLC, Mitsubishi UFJ Trust & Banking Corp, Pictet Asset Management Ltd., Virginia Retirement Systems ET AL and Global Thematic Partners LLC. Company insiders that have sold Mohawk Industries company stock in the last year include Bernard Thiers, Chistopher Wellborn, Frank H Boykin, Jeffrey S Lorberbaum, John C Turner Jr and Rodney David Patton. View Insider Buying and Selling for Mohawk Industries.

Which institutional investors are buying Mohawk Industries stock?

MHK stock was bought by a variety of institutional investors in the last quarter, including Equity Investment Corp, Thompson Siegel & Walmsley LLC, Wells Fargo & Company MN, Fenimore Asset Management Inc., Aviva PLC, Calamos Advisors LLC, Cornerstone Wealth Management LLC and Seven Eight Capital LP. Company insiders that have bought Mohawk Industries stock in the last two years include Brian Carson, Cock Frans Georges De, Filip Balcaen and William Henry Runge III. View Insider Buying and Selling for Mohawk Industries.

How do I buy shares of Mohawk Industries?

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

What is Mohawk Industries' stock price today?

One share of MHK stock can currently be purchased for approximately $125.37.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $9.32 billion and generates $9.49 billion in revenue each year. The company earns $971.63 million in net income (profit) each year or $13.61 on an earnings per share basis. Mohawk Industries employs 38,800 workers across the globe.

What is Mohawk Industries' official website?

The official website for Mohawk Industries is http://www.mohawkind.com.

How can I contact Mohawk Industries?

Mohawk Industries' mailing address is 160 S. Industrial Blvd., CALHOUN GA, 30701. The company can be reached via phone at 706-629-7721.


MarketBeat Community Rating for Mohawk Industries (NYSE MHK)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  478 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  779
MarketBeat's community ratings are surveys of what our community members think about Mohawk Industries and other stocks. Vote "Outperform" if you believe MHK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MHK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2018 by MarketBeat.com Staff

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