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

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$150.31 -1.98 (-1.30 %)

(As of 10/21/2018 03:44 PM ET)

Previous Close$150.31

Today's Range$148.47 - $152.48

52-Week Range$148.47 - $286.85

Volume802,158 shs

Average Volume1.05 million shs

Market Capitalization$11.21 billion

P/E Ratio11.04

Dividend YieldN/A

Beta1.29

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

SymbolNYSE:MHK

CUSIP60819010

Webwww.mohawkind.com

Phone706-629-7721

Debt

Debt-to-Equity Ratio0.26

Current Ratio1.74

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio11.04

Forward P/E Ratio11.00

P/E Growth1.59

Sales & Book Value

Annual Sales$9.49 billion

Price / Sales1.18

Cash Flow$19.7257 per share

Price / Cash7.62

Book Value$95.09 per share

Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)$13.61

Net Income$971.63 million

Net Margins9.34%

Return on Equity14.35%

Return on Assets8.31%

Miscellaneous

Employees38,800

Outstanding Shares74,600,000

Market Cap$11.21 billion

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 were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) released its quarterly earnings results on Wednesday, July, 25th. The company reported $3.51 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $3.90 by $0.39. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.59 billion. Mohawk Industries had a return on equity of 14.35% and a net margin of 9.34%. The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 earnings per share. 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, October 25th 2018. View Earnings Estimates for Mohawk Industries.

How can I listen to Mohawk Industries' earnings call?

Mohawk Industries will be holding an earnings conference call on Friday, October 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8006039255.

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

Mohawk Industries updated its third quarter earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $3.54-3.64 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.28.

What price target have analysts set for MHK?

17 analysts have issued 1-year price objectives for Mohawk Industries' stock. Their predictions range from $165.00 to $300.00. On average, they anticipate Mohawk Industries' stock price to reach $222.00 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Mohawk Industries.

What is the consensus analysts' recommendation for Mohawk Industries?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mohawk Industries.

Are investors shorting Mohawk Industries?

Mohawk Industries saw a decline in short interest during the month of September. As of September 14th, there was short interest totalling 2,145,959 shares, a decline of 25.6% from the August 31st total of 2,882,698 shares. Based on an average daily volume of 909,832 shares, the days-to-cover ratio is currently 2.4 days. Approximately 3.5% of the shares of the stock are sold short. View Mohawk Industries' Current Options Chain.

Who are some of Mohawk Industries' key competitors?

Some companies that are related to Mohawk Industries include Las Vegas Sands (LVS), NINTENDO Ltd/ADR (NTDOY), Marriott International (MAR), ORIENTAL Ld Co/ADR (OLCLY), SANDS CHINA Ltd/ADR (SCHYY), Electronic Arts (EA), VF (VFC), Luxottica Group (LUXTY), Carnival (CCL), Sirius XM (SIRI), Rogers Communications (RCI), Panasonic (PCRFY), Royal Caribbean Cruises (RCL), CBS (CBS.A) and CBS (CBS).

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 a variety of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.40%), Strs Ohio (0.08%), State of New Jersey Common Pension Fund D (0.08%), Cornerstone Wealth Management LLC (0.07%), Seven Eight Capital LP (0.05%) and Capital Investment Services of America Inc. (0.05%). 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 State of New Jersey Common Pension Fund D, KAMES CAPITAL plc, Sumitomo Mitsui Asset Management Company LTD, Sumitomo Life Insurance Co., Aperio Group LLC, Patten & Patten Inc. TN, Rathbone Brothers plc and National Investment Services Inc. WI. 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 Fenimore Asset Management Inc., Cornerstone Wealth Management LLC, Seven Eight Capital LP, Bank of Montreal Can, Fox Run Management L.L.C., Strs Ohio, Oakbrook Investments LLC and BB&T Corp. Company insiders that have bought Mohawk Industries stock in the last two years include 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 $150.31.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $11.21 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 ( )
Outperform Votes:		470 (Vote Outperform)
Underperform Votes:		287 (Vote Underperform)
Total Votes:		757

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 10/21/2018 by MarketBeat.com Staff

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