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NYSE:MHK

Mohawk Industries Stock Forecast, Price & News

$103.19
+10.14 (+10.90 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$98.40
Now: $103.19
$109.95
50-Day Range
$92.21
MA: $100.50
$109.01
52-Week Range
$56.62
Now: $103.19
$153.05
Volume1.78 million shs
Average Volume951,096 shs
Market Capitalization$7.35 billion
P/E Ratio15.42
Dividend YieldN/A
Beta1.46
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. 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, Eliane, 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, carpet tiles, rugs and mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles (LVT), and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, and Quick-Step brands. The Flooring ROW segment provides hardwood flooring and vinyl flooring, as well as laminates, roofing elements, sheet vinyl, LVT, insulation boards, medium-density fiberboards, chipboards, and other woods products under the Balterio, Feltex, Godfrey Hirst, Hycraft, IVC, Leoline, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses its intellectual property 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, e-commerce retailers, 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.82 out of 5 stars

Industry, Sector and Symbol

Industry Carpets & rugs
Sub-IndustryHome Furnishings
CUSIP60819010
Phone706-629-7721
Employees41,800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.97 billion
Cash Flow$19.32 per share
Book Value$113.46 per share

Profitability

Net Income$744.21 million

Miscellaneous

Market Cap$7.35 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$103.19
+10.14 (+10.90 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mohawk Industries (NYSE:MHK) Frequently Asked Questions

How has Mohawk Industries' stock price been impacted by Coronavirus (COVID-19)?

Mohawk Industries' stock was trading at $108.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MHK shares have decreased by 4.9% and is now trading at $103.19.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Mohawk Industries?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mohawk Industries in the last year. There are currently 4 sell ratings, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Mohawk Industries
.

When is Mohawk Industries' next earnings date?

Mohawk Industries is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Mohawk Industries
.

How were Mohawk Industries' earnings last quarter?

Mohawk Industries, Inc. (NYSE:MHK) issued its earnings results on Thursday, October, 29th. The company reported $3.26 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $1.12. The firm earned $2.57 billion during the quarter, compared to the consensus estimate of $2.49 billion. Mohawk Industries had a net margin of 5.20% and a return on equity of 6.40%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.75 earnings per share.
View Mohawk Industries' earnings history
.

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

Mohawk Industries issued an update on its fourth quarter earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of $2.75-2.87 for the period, compared to the Thomson Reuters consensus estimate of $2.00.

What price target have analysts set for MHK?

19 brokerages have issued 1-year target prices for Mohawk Industries' stock. Their forecasts range from $62.00 to $165.00. On average, they anticipate Mohawk Industries' stock price to reach $105.68 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Mohawk Industries
.

Are investors shorting Mohawk Industries?

Mohawk Industries saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,940,000 shares, a decrease of 11.0% from the August 31st total of 2,180,000 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 3.4% of the company's shares are sold short.
View Mohawk Industries' Short Interest
.

Who are some of Mohawk Industries' key competitors?

What other stocks do shareholders of Mohawk Industries own?

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

Who are Mohawk Industries' key executives?

Mohawk Industries' management team includes the following people:
  • Mr. Jeffrey S. Lorberbaum, Chairman & CEO (Age 65)
  • Mr. William Christopher Wellborn, Pres, COO & Director (Age 64, Pay $1.66M)
  • Mr. Frank H. Boykin, Chief Financial Officer (Age 65)
  • Mr. Bernard P. Thiers, Pres of Unilin - Flooring Rest of World (Age 64, Pay $1.23M)
  • Mr. Paul F. De Cock, Pres of Flooring North America Segment (Age 46, Pay $1.86M)

What is Mohawk Industries' stock symbol?

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

Who are Mohawk Industries' major shareholders?

Mohawk Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (3.07%), AM Investment Strategies LLC (0.17%), BNP Paribas Arbitrage SA (0.11%), Keybank National Association OH (0.11%), Envestnet Asset Management Inc. (0.10%) and Robeco Institutional Asset Management B.V. (0.09%). Company insiders that own Mohawk Industries stock include Bernard Thiers, Bruce Bruckmann, Cock Paul F De, Filip Balcaen, Jeffrey S Lorberbaum, Rodney David Patton and Suzanne L Helen.
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 Assenagon Asset Management S.A., Hahn Capital Management LLC, SeaBridge Investment Advisors LLC, DekaBank Deutsche Girozentrale, BNP Paribas Arbitrage SA, Envestnet Asset Management Inc., Lafayette Investments Inc., and Retirement Systems of Alabama. Company insiders that have sold Mohawk Industries company stock in the last year include Cock Paul F De, Jeffrey S Lorberbaum, and Suzanne L Helen.
View insider buying and selling activity for Mohawk Industries
.

Which institutional investors are buying Mohawk Industries stock?

MHK stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Keybank National Association OH, Robeco Institutional Asset Management B.V., WINTON GROUP Ltd, Greylin Investment Mangement Inc., KBC Group NV, Wilsey Asset Management Inc., and Banque Cantonale Vaudoise. Company insiders that have bought Mohawk Industries stock in the last two years include Bruce Bruckmann, and Filip Balcaen.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Mohawk Industries' stock price today?

One share of MHK stock can currently be purchased for approximately $103.19.

How big of a company is Mohawk Industries?

Mohawk Industries has a market capitalization of $7.35 billion and generates $9.97 billion in revenue each year. The company earns $744.21 million in net income (profit) each year or $10.04 on an earnings per share basis. Mohawk Industries employs 41,800 workers across the globe.

What is Mohawk Industries' official website?

The official website for Mohawk Industries is 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.

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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